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Hospitality
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The Wall Street Journal
Hospitality
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Subscriber Content Read Preview
Tata Beverages Profit Falls; Starbucks Plan on Track
Tata Global Beverages, owner of Tetley tea, said profit fell 36%, hurt by higher raw-materials costs. It said its joint venture with Starbucks is on track to begin opening cafes in India.
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For Chipotle, a New Investigation Begins
Chipotle Mexican Grill said Tuesday it is under federal investigation over possible criminal securities law violations related to its disclosures to government agencies about hiring practices.
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![[BENIHANA]](http://si.wsj.net/public/resources/images/MK-BU524_BENIHA_A_20120522195639.jpg)
Benihana Agrees to Angelo Gordon Buyout
Private-equity firm Angelo Gordon agreed to buy Benihana for about $296 million in cash, allowing the operator of Japanese-themed restaurants to focus on its profitability outside the pressures of the public market.
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![[laquinta]](http://si.wsj.net/public/resources/images/MI-BP163_laquin_A_20120522161126.jpg)
Blackstone Lodges Several Hotel Moves
Blackstone Group LP, one of the world's largest hotel investors, is playing both offense and defense these days as the lodging industry slowly recovers from the downturn.
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Blackstone Moves Into Motel 6
Blackstone is acquiring discount lodging chain Motel 6 in a deal valued at $1.9 billion, as the private-equity firm continues to invest aggressively in real estate.
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American Manufacturing Makes a Comeback
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Sail Away on a Train in New York Harbor
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Facebook's Zillionaire Club
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Fishing Industry Aids Iceland's Recovery
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Kingfisher Clears Part of Income Tax Arrears
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Latest Hospitality Headlines
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INTERVIEW: HK Leung To Seek Stronger Growth By Diversifying Economy
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US HOT STOCKS: Hewlett-Packard, Pandora, NetApp Active In Late Trading -1-
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AFC Enterprises 1Q Net Up 15% On Stronger Same-Store Sales
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UPDATE: Chipotle: Probes Of Employees' Immigration Status May Linger
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UDPATE: Chipotle Says Employee Immigration Probes Could Last 2 More Years
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Panera Bread Raised To Hold From Sell By S&P Capital IQ >PNRA
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US HOT STOCKS: Dell, Diamond Foods, PetSmart, Facebook, Nasdaq
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Chipotle: Probes Regarding Immigrant Workers Could Last 2 Years
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Compass Group Buys 300,000 Own Shares To Cancel/623.9200P
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US HOT STOCKS: Dell, Diamond Foods, PetSmart, Analog Devices
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