Aaron Schrank

Hilton opened its 5,000th hotel last month, but this one wasn’t one of the luxury properties the company is known for. The new hotel in Oklahoma City is the first in Hilton’s new low-cost brand called Tru. It’s part of a trend happening across the hospitality industry as major hotels look to bring in millennials.  […]

Not every town can afford a fireworks extravaganza.

Congress has sent auditors to several U.S. territories in the Caribbean and Pacific Ocean, including the U.S. Virgin Islands, Guam and American Samoa. They want to avert the kind of financial mess Puerto Rico got into with $123 billion in bond debt and unfunded pensions.  Click the audio player above to hear the full story.

It was a busy day on Wall Street today, and there was good reason for that. It was the annual reshuffling of the popular trading benchmarks known as the FTSE Russell Indexes. Those indexes track the largest U.S. companies in the U.S. stock market, and they determine what’s in a bunch of securities mutual funds.  […]

Japan and the European Union say they’re close to agreement on a broad free-trade deal. It would be the largest such pact for the EU. The two trading partners have been hammering out this deal since 2013, but negotiations have taken on new urgency recently.  Click the audio player above to hear the full story.

It’s likely that the heat wave California, Arizona and Nevada has been experiencing is going to hit its peak this week. Temperatures could reach as high as 120 degrees in Phoenix. Across the region, the air conditioning will be roaring. But will the power grid be able to keep up?  Click the audio player above […]

Children’s clothing chain Gymboree announced Sunday it’s filing for Chapter 11 bankruptcy. The retailer will close about 400 of its 1,300 stores and restructure debt in a bid to stay alive. Gymboree views its troubles as part of the larger challenges facing the retail industry as customers move their business online, but some of its […]