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China’s HNA to buy 25 percent stake in Hilton for $6.5 billion

October 24, 2016 by · Leave a Comment 

Chinese aviation and shipping conglomerate HNA Group said on Monday it would buy about 25 percent of hotel operator and manager Hilton Worldwide Holdings Inc from biggest shareholder Blackstone Group LP for $6.5 billion. Shares of Hilton, whose brands include Conrad Hotels & Resorts, Curio and Double Tree as…

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China’s HNA to buy 25 percent stake in Hilton for $6.5 billion

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Dorsey’s Square jumps in market debut, offering hope to startups

November 19, 2015 by · Leave a Comment 

Shares of Square Inc, the mobile payments company co-founded and still run by Twitter Inc Chief Executive Jack Dorsey, rose as much as 64 percent in their market debut, offering hope to tech startups hoping to go public. The steeply discounted price had raised questions about what it could mean for so-called “unicorns” – start-ups worth at least $1 billion – that may …

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Dorsey’s Square jumps in market debut, offering hope to startups