Ralph Bahna, a former Trans World Airlines and Cunard executive who expanded business travelers’ options as founder of Club Quarters hotels and chairman of Priceline.com Inc., the “name your own price” website, has died. He was 71.
U.S. stocks advanced, with the Standard & Poor’s 500 Index rebounding from its biggest drop since June, as investors assessed corporate earnings and data showing factory orders fell less than estimated in December.
U.S. stocks rose, with the Standard & Poor’s 500 Index rebounding following the biggest drop since June, as Treasuries retreated and Turkey’s lira led gains among emerging-market currencies. A gauge of stocks in developing nations extended its worst-ever start to a year.
Brian Tennis, a former organic cherry farmer in Omena, Michigan, wasn’t decimated by the late spring frosts that wiped out almost 90 percent of the state’s apple and cherry crops last year. The hops on his farm weathered the cold snap well.