Business news

• Motel 6 sold to India-based OYO Hotels for $525 million: 'New chapter'

  21-09-2024 23:49 via foxbusiness.com
  
  India-based hotel operator OYO is acquiring Motel 6's parent company, G6 Hospitality, for $525 million in an all-cash transaction, according to a release from Blackstone Real Estate.Oravel Stays, which owns global travel tech company OYO, operates over 320 hotels in 35 states across America. OYO first broke into the American market with an aggressive launch in 2019. OYO acquired almost 100 hotels in 2023 and seeks to add around 250 hotels to that portfolio for 2024, according to a Blackston
  
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• Trump unveils $100 'Trump coins' after selling Bibles, sneakers

  21-09-2024 19:19 via foxbusiness.com
  
  Former President Trump on Saturday revealed that he is selling $100 "Trump Coins" with his face on them, calling the items a "true symbol of American greatness." The coins are now the latest product to be sold by Trump as he seeks a second term in the White House, following the launch of Trump Sneakers and "God Bless the USA" Bibles earlier this year. "Trump Coins are designed by me and minted right here in the U.S.A. This beautiful, limited-edition coin commemorates our movement, our
  
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• Scandinavian Airlines flight makes emergency landing after mouse jumps out of in-flight meal

  21-09-2024 18:53 via foxbusiness.com
  
  A passenger airplane traveling from Norway to Spain was forced to land after a rodent popped out of one of its in-flight meals.The Scandinavian Airlines flight — traveling from Oslo to Malaga on Wednesday — was diverted from its route after a critter startled a woman opening her airline-provided food.TERRIFIED PASSENGERS EVACUATE DOWN EMERGENCY SLIDES AFTER VAPE EXPLODES ON PLANE: 'CAUSED PANIC'Jarle Borrestad, a passenger on the plane that witnessed the rodent spring out of a nearby
  
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• Terrified passengers evacuate down emergency slides after vape explodes on plane: 'Caused panic'

  21-09-2024 16:11 via foxbusiness.com
  
  Panicked passengers onboard a U.K. flight were forced to evacuate down emergency slides after a vape pen was suspected of exploding on their plane, filling the cabin with smoke.The EasyJet plane was preparing for take-off from Heraklion airport in Greece to Gatwick, London, on Tuesday when a bag said to have contained e-cigarettes and a power bank in a passenger's bag suddenly exploded, according to several reports.Malachi Griffith said he was on flight EZY8261when he heard "fizzi
  
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• The Fed’s historic rate cut and how it affects you

  21-09-2024 14:00 via foxbusiness.com
  
  Stocks locked in solid weekly gains as the Dow and S&P 500 sit at record highs. The gains came after the Federal Reserve cut interest rates for the first time since March 2020. The 50 basis point cut is likely to be the start of a new easing cycle, but one policymaker threw cold water on the move.Mortgages, credit card rates, auto loans and overall borrowing costs may become cheaper for everyday Americans.FOX Business explains how the move may impact your bottom line …HISTOR
  
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• Kenny Rogers' former Georgia home on the market for $2.47 million

  21-09-2024 14:00 via foxbusiness.com
  
  Kenny Rogers' former Georgia mansion, where he spent his final days, is up for sale for $2.47 million.The legendary singer-songwriter lived in the 5,972 square foot home with his wife, Wanda Rogers-Webb. According to The Wall Street Journal, the couple initially bought the home for $1.7 million in October 2019, after which they renovated it to accommodate their needs."His greatest passion other than music and family and friends might have been interior and landscape design," Rogers-Webb told the
  
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• Colorado home built by 1-800-Flowers founder sells $25.2 million

  21-09-2024 14:00 via foxbusiness.com
  
  A multi-million-dollar home built by Carl Westcott, the founder of 1-800-Flowers, was scooped up earlier this month in Avon, Colorado.The nearly 11,200-square-foot home and its 1.87-acre lot offering direct ski access to Beaver Creek fetched $25.2 million during an early September transaction, Mansion Global reported.Property records showed it changed hands between two limited liability companies on Sept. 6.NBA LEGEND MICHAEL JORDAN'S $14.9 MILLION CHICAGO ESTATE HAS A POTENTIAL BUYERMansio
  
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• SEC will seek sanctions against Elon Musk in Twitter probe over failure to appear in court

  21-09-2024 00:42 via foxbusiness.com
  
  The Securities and Exchange Commission (SEC) said it intends to seek sanctions against Elon Musk after he failed to appear and testify in court amid the agency's probe into his $44 billion takeover of Twitter, which he renamed X.The SEC is asking for a court order to show cause why the Tesla CEO and SpaceX owner should not be held in civil contempt after he said he wouldn't appear a mere three hours before the scheduled Sept. 10 testimony, Reuters reported, citing a filing in San Francisco feder
  
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• LARRY KUDLOW: Trump still has no clear, absolute presidential-level protection

  21-09-2024 00:22 via foxbusiness.com
  
  Donald Trump still has no clear, absolute presidential-level protection and that's the subject of the riff.  Will someone please explain to me, in plain English, whether or not Donald Trump, after two assassination attempts, now has presidential level protection on the campaign trail? No bureaucrat-ese. Does he have it? Or does he not? Following the Butler, Pennsylvania assassination attempt, the Secret Service apparently told some House members that Mr. Trump had presidential type pro
  
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