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Choice Hotels launches hostile takeover bid for rival Wyndham after being repeatedly rebuffed

Published Wed, 26 Feb 2025 02:02:57 GMT

Choice Hotels is launching a hostile takeover offer for Wyndham Hotels & Resorts after repeated attempts to reach a deal with the rival hotel chain were rebuffed.Choice Hotels said Tuesday that its exchange offer to shareholders of Wyndham remains the same as its last bid, which was $49.50 in cash and 0.324 shares of Choice common stock per Wyndham share. The exchange offer gives Wyndham shareholders the chance to choose to receive all cash, all shares or a combination of the two. The offer puts the value of the deal at about $8 billion. The exchange offer is set to expire on March 8, 2024 unless extended or terminated. Choice said it currently holds about 1.5 million shares of Wyndham Hotels & Resorts Inc. shares valued at more than $110 million. Source

This Colorado mountain ranked as one of the best places to snowboard

Published Wed, 26 Feb 2025 02:02:57 GMT

DENVER (KDVR) — If you're looking to shred some powder, this Colorado mountain might be the best place to do it on a snowboard.USAToday asked a panel of snowboard experts to compile a list of the best places to snowboard in the U.S. and Canada. Readers voted and picked the best 10 places to snowboard. Colorado spot named one of the best ski restaurants in North America Here are the best places to snowboard across the U.S. and Canada:Bald Mountain Ski Area - Pierce, IdahoBig White Ski Resort - Kelowna, British ColumbiaLake Louise Ski Resort - Lake Louise, AlbertaNorthstar California Resort - Truckee, CaliforniaWhistler Blackcomb - Whistler, British ColumbiaPalisades Tahoe - Olympic Valley, CaliforniaMammoth Mountain - Mammoth Lakes, CaliforniaJackson Hole Mountain Resort - Teton Village, WyomingRevelstoke Mountain Resort - Revelstoke, British ColumbiaBreckenridge Ski Resort - Breckenridge, ColoradoBreckenridge Ski Resort was ranked as a top resort for snowboarders.The mountain aver...

Whale seen in video with swimmers dies off Australian beach

Published Wed, 26 Feb 2025 02:02:57 GMT

Sydney (CNN) — A sperm whale that became stranded on a sandbank at a popular beach near Perth, Western Australia on the weekend has died.Officials from the Parks and Wildlife Service of Western Australia confirmed the 15-meter (49-feet) long whale died Tuesday morning after it swam off the sandbank into open water.“It was moving pretty gingerly and swam only 200 or 300 meters before it really seemed to sort of stop. Its respiration gave us some signs that it really was coming to the end,” said Mark Cugley, Incident Controller from the Parks and Wildlife Service.The whale appeared on Saturday at Rockingham Beach, where people swam close to it, touching it and taking selfies.The whale would already have been in distress on Saturday when it arrived at the beach and the interaction with people may have increased its stress, government marine mammal expert Kelly Waples said Monday.“Sperm whales are pelagic animals, that means they live offshore in deep water and that’s where they fo...

Turning Unsettled

Published Wed, 26 Feb 2025 02:02:57 GMT

Wind Advisory has been issued for Coastal Palm Beach, Broward and Miami-Dade through Wednesday morning. This is mainly for those exposed waterfront areas along the Atlantic coast, since winds will pick up through the day. It will become much gustier by the afternoon with the trend continuing into the overnight hours.After a very cool start in South Florida in the 50’s and 60’s, we will focus on the wind and rain as they will play a big role for the second half of the week. For now, there’s a stalled front to our South and we will no longer have the warmth and humidity that we had over the weekend.Winds are expected to veer out of the East-Northeast and become stronger through the day with more typical temperatures in the mid to upper 70’s. However, the wind will make it seem cool with gusts reaching up to or over 35 mph.Models are showing the rain likely starting Wednesday as the front lifts North. The activity could become heavy as a minor disturbance flares...

Zelenskyy in Lilliput: Someone shrunk Ukraine’s war coalition

Published Wed, 26 Feb 2025 02:02:57 GMT

For a second week in a row, Washington is the most important theater in Russia’s war on Ukraine. Billions in military and economic aid for Kyiv hang in the balance. As does, with only a bit of exaggeration, Ukraine’s fate as a nation, stability in Europe and America’s credibility as a world power. It’s a big moment. So why do the players on this stage all look so small?You have Volodymyr Zelenskyy, whose heroic aura has diminished with every visit here (Tuesday’s stop will be his third). The Ukrainian president’s host in the White House is a shrunken figure with poor polls and reelection prospects. Fresh off their latest bout of dysfunctional bloodletting, Republicans on the Hill are their own species of Lilliputians. Missing in this group picture but would fit right in: The Europeans, who act is if the worst armed conflict since World War II isn’t playing out in the heart of their continent.There are a couple players in this drama who’ve avoided the shrinkage of the rest. You may h...

UK flies its COP28 chief home early to help save Rishi Sunak’s skin

Published Wed, 26 Feb 2025 02:02:57 GMT

LONDON — The minister leading the U.K.’s delegation to the COP28 U.N. climate summit has left at critical stage in negotiations, as his beleaguered government faces a critical vote on immigration policy at home.Graham Stuart’s departure sparked a furious reaction from climate campaigners. The talks were due to end on Tuesday but have overrun — as many had expected — with countries, including the U.K., seeking major changes to a draft agreement published on Monday.British MPs are set to vote Tuesday afternoon on the government’s plans to send some asylum seekers to Rwanda, with right-wingers in Prime Minister Rishi Sunak’s Conservative party saying a new government bill does not go far enough to ensure the scheme overcomes legal hurdles.Green groups and NGOs expressed dismay at the decision to withdraw the head of the U.K.’s delegation at a decisive moment. “There can be no more tragic outcome for U.K. climate diplomacy than this,” said Oxfam’s senior climate chan...

Harvard’s board: We unanimously stand in support of President Gay

Published Wed, 26 Feb 2025 02:02:57 GMT

New York (CNN) — Embattled Harvard President Claudine Gay has gained the unanimous support of the university’s board, Harvard’s highest governing body said in a statement Tuesday, giving Gay significant cover to remain in her position after a tumultuous week in which many donors and politicians have called for her ouster.“As members of the Harvard Corporation, we today reaffirm our support for President Gay’s continued leadership of Harvard University,” the statement from the Harvard Corporation said. “Our extensive deliberations affirm our confidence that President Gay is the right leader to help our community heal and to address the very serious societal issues we are facing.”The Harvard Crimson, the university’s student newspaper, was first to report the news Tuesday morning.The Harvard Corporation, which includes the school’s board of overseers, announced the decision Tuesday morning following the conclusion of the board’s meeting on Monday.“In this tumu...

Top Senate Democrats demand airlines carry EpiPens on flights

Published Wed, 26 Feb 2025 02:02:57 GMT

(CNN) — A trio of top Senate Democrats is demanding that the federal government require airlines to carry epinephrine auto-injectors – such as EpiPens – on board commercial flights.In a letter shared first with CNN, Sens. Elizabeth Warren, Chuck Schumer and Ed Markey tell the Federal Aviation Administration it has a “glaring gap” in its requirements for what is carried as part of in-flight emergency kits, which “puts airline passengers at risk.”Epinephrine auto-injectors treat a severe allergic reaction called anaphylaxis. The letter says FAA standards last updated in 2004 only require that airlines carry epinephrine in syringes “designed to be used primarily in the event of a cardiac emergency.”“We urge you to amend the current standing regulation to require that epinephrine auto-injectors be included in the emergency medical kit of every flight, as well as engage in regular review of medical kit requirements,” the letter reads.CNN has reached out to the FAA for comm...

Major RI bridge unexpectedly closed for at least 2 weeks

Published Wed, 26 Feb 2025 02:02:57 GMT

The unexpected closure of a major bridge in Rhode Island caused traffic headaches for drivers Monday morning. The Department of Transportation said the Washington Bridge, which connects Providence to the eastern part of the city, will be closed for at least two weeks.The sudden closure of the westbound lanes is due to “critical failure” of parts of the original 1960s-built infrastructure of the bridge.Authorities said depending on the extent of the issues, repair work could take three months or longer. https://twitter.com/RIDOTNews/status/1734342091751194838

Harvard president to stay! College Corporation backs embattled Claudine Gay

Published Wed, 26 Feb 2025 02:02:57 GMT

Embattled Harvard University President Claudine Gay is staying put, the college Corporation said in a stunning open message of support.The statement reads, in part: “As members of the Harvard Corporation, we today reaffirm our support for President Gay’s continued leadership of Harvard University. Our extensive deliberations affirm our confidence that President Gay is the right leader to help our community heal and to address the very serious societal issues we are facing.”Gay now remains at the helm of a university as donors pull millions in support and the feds probe antisemitism on campus.The House Committee on Education and the Workforce has announced that it’s opening a formal investigation into the learning environments, policies, and disciplinary procedures at Harvard, MIT and UPenn.As for allegations of plagiarism, including in her 1997 Ph.D. dissertation at Harvard, the Corporation states today: “… The University became aware in late October of alleg...