Hilton Hotel News
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City Developments Ltd., Singapore’s second-largest developer, said first-quarter profit fell 12 percent after a one-time gain wasn’t repeated.
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President Barack Obama, addressing an audience of Washington journalists and Hollywood celebrities at a ritual annual dinner, spared no jokes about himself.
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The U.S. Securities and Exchange Commission sued Joseph Mancuso, a former trader at Schottenfeld Group LLC, accusing him of making about $350,000 on a series of illegal tips from Zvi Goffer, a former Galleon Group LLC trader.
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European Union nations must resume talks on a draft law to overhaul the bloc’s financial market rules, after ambassadors failed to resolve a clash between the U.K. and Germany on competition in derivatives clearing.
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What remains of the Houghton Mifflin Harcourt Publishing Co. reorganization was sent yesterday to the U.S. Bankruptcy Court in Boston.
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Nigeria will sell 24 percent of its 49 percent equity stake in the Transcorp Hilton Hotel in Abuja, the capital, through an initial public offer of shares scheduled to be completed in September.
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Rengan Rajaratnam, the younger brother of imprisoned hedge-fund founder Raj Rajaratnam, was taken into custody by FBI agents yesterday when he arrived at John F. Kennedy International Airport on a flight from Brazil, a person familiar with the matter said.
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Rengan Rajaratnam, the younger brother of imprisoned hedge-fund founder Raj Rajaratnam, was indicted by a federal grand jury on charges he took part in an insider-trading scheme tied to Galleon Group LLC.
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Transnational Corp. of Nigeria Plc, which has interests in power, hotels, agriculture and oil, plans to raise 15 billion naira ($95 million) to refinance a power project and expand investments in oil exploration and hotels.
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Shubh Hotels Pittsburgh LLC, the owner of Pittsburgh’s largest hotel, filed for bankruptcy protection days after Hilton Hotels Corp. terminated its franchise license agreement.
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