States add jobs in January led by Florida Texas and NC
Employers increased hiring in thirty states in January led by Florida Texas and North Carolina while twenty states cut jobs. The unemployment rate fell in twenty eight states rose in eight and stayed the same in fourteen. Florida added the most jobs at 32200 with gains in restaurants hotels and amusement parks.
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Florida
Texas
North Carolina
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U S to fire for profit colleges monitor
The Education Department will remove Hogan Marren Babbo Rose Ltd as independent monitor for Zenith Education Group and Corinthian Colleges assets. AP findings showed conflicts and the department seeks a more prosecutorial monitor as Zenith continues marketing Everest College and graduates struggle to repay loans amid ongoing concerns over mismanagement and default risk.
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Anbang bid for Starwood sparks spotlight on Chinese insurer
A $14 billion offer for Starwood Hotels and Resorts Worldwide surfaced, led by Anbang Insurance Group, complicating Marriott's plan to merge Starwood with Marriott. Starwood and Marriott confirmed receipt of an unsolicited proposal without naming the lead firm. The bid valued at $76 cash per Starwood share plus $5.50 in Interval Leisure stock, comes amid Anbang's recent high profile deals including the Waldorf Astoria sale and a Blackstone hotel portfolio.
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Starwood Hotels and Resorts Worldwide Inc
Anbang Insurance Group
Starwood
Marriott International Inc
Marriott
Anbany
New York Waldorf-Astoria
New York
Blackstone Group
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