Marriott

Screenshot: AmazonOne of the big recent developments in the advertising industry are what’s called “retail ad networks.” Governments and tech platforms like Apple and Google are cracking down on data gathering, making third-party data a bit harder to get. That creates a business opportunity for big retailers and other companies that have large databases of information about their existing customers. Just about every major consumer-facing company you can think of has launched an advertising network over the last few years.…

A general view shows the Tesla logo on the Gigafactory in Gruenheide near Berlin, Germany, August 30, 2022.Annegret Hilse | ReutersCheck out the companies making headlines in midday trading.Tesla – The electric vehicle giant slid 6.4% after Bloomberg first reported Tesla planned to cut output of its Model Y by more than 20% in its Shanghai plant this month. China-based electric vehicle maker Xpeng fell 1% in response.VF Corporation – The company behind brands such as The North Face and Timberland dropped 11.2% after it…

Photo: Sundry Photography (Shutterstock)Pull up Amazon to search for a product, and there’s one thing you’re guaranteed to see no matter what you want to buy: ads. That isn’t a fluke. The Amazon website and the app are so full of ads that it actually makes it harder to shop, according to recent reports from both Vox and the Washington Post. But if the company’s recent profits are any indication, don’t expect things to change any time soon. These days, Amazon makes more money from advertising than from Prime. It’s a recent…

McDonald’s Corp. MCD -1.23% is shaking up its board of directors with the departure of longtime member Sheila Penrose and the addition of executives from Marriott MAR -2.08% International Inc., Johnson & Johnson JNJ -0.07% and Salesforce Inc. CRM -4.01%…

“We are not seeing any signs of any demand pullback at this point,” finance chief Leeny Oberg said Tuesday in an interview. “People want to get out there and travel.” In the U.S., Americans are seeking out leisure travel after years of deferred trips, she said. Businesses, too, are setting up trips, either to create in-person connections among remote workforces or to re-establish and firm up client relationships.…

The Ritz-Carlton in the NoMad neighborhood of New York City.Seema Mody | CNBCMarriott next week will open a swanky new Ritz Carlton hotel in Manhattan, marking a bet on the surge in luxury travel and the hopeful return of business travelers this fall."It's got 10,000 square feet of meeting space, a 7,000-square-foot spa, and four food and beverage outlets. I think it's uniquely positioned to take care of that pivot from leisure travel to business travel," Marriott CEO Tony Capuano told CNBC on Tuesday.The debut of the…

confirmed it was the target of yet another data breach after attackers recently breached the company's systems. The company said hackers used social engineering techniques to gain access to an employee's computer. After obtaining around 20GB of data, the person or group behind the attack tried to extort Marriott, but the company refused to pay up.  The hackers had access to Marriott's network for less than a day. The company told it was already investigating the breach before it received the extortion attempt. The…

The Marriott International hotel chain has confirmed that it has been hit by yet another data breach that exposed staff and customer information in another unfortunate security incident for a company that was affected by a number of major hacks in recent years. In the latest incident, first reported by DataBreaches.net, hackers are reported to have stolen around 20GB of data, including confidential business documents and customer payment information, from the BWI Airport Marriott in Baltimore, Maryland. Redacted sample…

Despite high inflation, a softening economy, and fears of a recession, the hotel industry is not seeing any slowdown.It's the exact opposite, with Hilton CEO Chris Nassetta predicting that the hotel chain will "have the biggest summer we've ever seen in our 103-year history this summer."Few industries were hit as hard as travel by the Covid-19 pandemic, which curbed nearly all leisure and business travel plans. But as vaccination rates and loosened restrictions have spread across the country, travelers have returned. In…

The Marriott Bonvoy Boundless credit card Source: ChaseChase and Marriott Bonvoy announced Thursday that the welcome bonus for the Marriott Bonvoy Boundless is growing. New Boundless cardholders can now earn five Free Night Awards for spending $5,000 within the first three months of having the card.The new welcome bonus expands upon the increased rewards added to the card earlier this year. The rewards cover popular expenses while traveling, such as gas and dining. The previous welcome bonus for the Boundless offered…