The 105-year-old, 20-story luxury hotel is currently jointly owned by El-Ad Properties, an Israeli-owned real estate firm; and Kingdom Holdings, a company based in Saudi Arabia.
Greeks are stocking up on non-perishable staples like pasta on fears that Sunday's elections presage an end to the nation's euro zone participation and a return to the drachma, Reuters reported Wednesday.
The FBI is getting some extra help in trying to catch Morgan Harrington's killer after Metallica frontman James Hetfield volunteered to make a video urging anyone with information on the unknown killer to come forward.
The Georgia Department of Transportation denied an application by the Ku Klux Klan to participate in the state's Adopt A Highway program, but the roadside volunteer cleanup program may have to come to an end to permanently block the hate group.
Event risk is building for this weekend as the much-ballyhooed second round of Greek elections gets underway on Sunday.
It seems that since the very beginning of the European debt crisis the half-life of announced bailout measures is steadily contracting
JetBlue is being sued by 10 passengers, claiming the airline was grossly negligent in allowing pilot Clayton Osbon, who had to be restrained after he burst through the cockpit screaming about religion and terrorism on a March 27 flight from New York to Las Vegas, to man the plane that day.
After 28 years, Dell (Nasdaq: DELL), the No. 3 computer company, plans to pay shareholders a small dividend, 8 cents a quarter. Later this year, Apple (Nasdaq: AAPL), the world's most valuable technology company, will resume paying dividends after 17 years.
JPMorgan Chase & Co (NYSE:JPM) Chairman Jamie Dimon floated unscathed through a hearing of the Senate Banking Committee meant to examine what happened inside his banking behemoth earlier in the year, when a massive bet on the credit-default swaps derivatives market reportedly meant to 'hedge' other bank risks went sour, resulting in multibillionaire losses.
JPMorgan Chase & Co Chief Executive Jamie Dimon defended the intent of the portfolio behind the bank's recent multibillion-dollar trading loss, telling lawmakers it was a genuine hedge that would make the firm a lot of money if a credit crisis hit.
Protestors were present on Wednesday, June 13, when JPMorgan Chase chief executive Jamie Dimon testified on Capitol Hill in Washington. The activists reportedly heckled Dimon as the head of the largest bank in the U.S arrived to take his seat at a Senate Banking Committee hearing.
The Mexican drug cartels are notorious for the decapitated bodies they leave along the dusty highways south of the border, but they'd rather keep a low profile about another activity of theirs on U.S. soil -- horse racing.
A billboard for Skydive Dubai and Denver-based Go Fast energy products in Dubai was named the World's Most Expensive Billboard by the companies, since it would cost $1.3 billion a month to operate around the clock. But how could a billboard cost that much to operate? Perhaps because of the man who flies around the billboard in the air in a jet pack, which costs over $500 per second.
The U.S. natural gas industry will create 1.5 million jobs by 2015, in large part because of the surge in production from unconventional shale beds that require hydraulic fracturing, according to an IHS study released Wednesday.
According to a panel of medical experts, the active chemical in used in spray-on tans -- dihydroxyacetone (DHA) -- can potentially damage one's DNA and cause genetic alterations. The experts reviewed 10 of the most current, agreeing that while more studies need to be done, what they already know is enough to warrant a warning.
Mediterranean minnow Cyprus is only days away, according to rumors, from requesting a bailout equivalent to 10 percent of its GDP.
Willing to drop $1,000 for one of the most daunting tasks as a new parent, like selecting a name for your newborn? Well, fret not because deal-of-the day discount site Groupon is offering to name your baby for you in a deal many have speculated was hacked or a complete scam.
Dell (Nasdaq: DELL), the No. 3 computer maker, announced its first quarterly dividend of 8 cents a share as a way to reduce some of its $17.2 billion cash pile.
The Delhi High Court Wednesday issued notices to the Indian government and Air India management on the striking pilots' plea for their salaries for March.
Five major corporations will join the emergency campaign to save the world's threatened forests by pledging to buy REDD multimillion dollar credits from projects protecting threatened forests around the world, the campaign announced Tuesday at the U.N. Conference on Sustainable Development, commonly known as Rio+20.
Among the companies whose shares are moving in pre-market trading Wednesday are Alpha Natural Resources, Arch Coal, Zynga, Arena Pharmaceuticals, Alexza Pharmaceuticals, 3D Systems Corp, Green Mountain Coffee Roasters, Autoliv, Seadrill and Kraft Foods.
Wal-Mart lawyers have identified India, China, South Africa, Brazil and Mexico as the most corrupt countries, according to a letter from two congressmen investigating the bribery charges leveled against the company.
Indiana law enforcement officials worry that he Right to defend against unlawful entry bill could lead to open season on police officers.
Those e-mails weren?t accidents, nor were the accompanying solicitations for funds and support, a new report by ProPublica found. The process is growing and there?s little place to hide.
Futures on major U.S. indices point to a slightly lower opening Wednesday ahead of the retail sales report and producer price index.
India's external affairs minister S M Krishna Tuesday sought to assuage the foreign investors' concerns over the country's economic growth.
Crude oil futures hovered above $83 a barrel Wednesday ahead of a weekly report on US oil supplies as well as Thursday's OPEC ministerial meeting in Vienna.
The Indian economy will grow by 6.9 percent in the current financial year despite government's inaction in policy reforms and the fiscal and current deficits that slackened economic growth, says the World Bank.
European markets rose Wednesday following an overnight rally in the Wall Street amid anticipation that the U.S. Federal Reserve would announce further quantitative easing to support the economy.
Asian markets rose Wednesday but gains were weighed down as investors were worried about the debt crisis lingering over the euro zone.