Today: 20 May 2026
Browse Category

NASDAQ:MAR 4 November 2025 - 11 February 2026

Guyana’s oil boom fuels Georgetown makeover and eco-tourism push as university picks new chancellor

Guyana’s oil boom fuels Georgetown makeover and eco-tourism push as university picks new chancellor

Guyana is spending oil revenue on new hotels, roads, and airport upgrades to boost tourism beyond its capital, Georgetown, according to Bloomberg and Travel and Tour World. International hotel chains are entering the market. The University of Guyana named diplomat Sir Ronald Sanders as chancellor, the government said. Local officials warn of risks to rainforests as tourism expands.
Sonder Holdings (SOND) Bankruptcy Latest: Chapter 7 Liquidation, Lawsuits and Stock Outlook – 20 November 2025

Sonder Holdings (SOND) Bankruptcy Latest: Chapter 7 Liquidation, Lawsuits and Stock Outlook – 20 November 2025

Sonder Holdings filed for Chapter 7 bankruptcy in Delaware after Marriott ended a 20-year licensing deal, triggering an immediate wind-down and global insolvency proceedings. SOND shares traded at $0.09 on November 20, down from a $1.9 billion valuation in 2022. A WARN Act class action alleges 1,000 employees were laid off without proper notice. Industry estimates say nearly 10,000 units are affected worldwide.
Marriott–Sonder Meltdown: Guests Evicted Mid‑Stay as Sonder Winds Down; Marriott Now Directs Refunds to Credit Cards (Nov. 12, 2025)

Marriott–Sonder Meltdown: Guests Evicted Mid‑Stay as Sonder Winds Down; Marriott Now Directs Refunds to Credit Cards (Nov. 12, 2025)

Marriott on Wednesday told customers with pre-paid Sonder reservations to seek refunds through their credit card issuers, after previously suggesting Marriott would handle refunds directly. The move follows Sonder’s abrupt shutdown and planned liquidation, which left guests in dozens of cities without lodging and prompted Marriott to lower its 2025 net rooms growth outlook.
12 November 2025
Marriott Terminates Sonder Partnership After ‘Default’: Bonvoy Bookings Halted, 2025 Room‑Growth Outlook Trimmed

Marriott Terminates Sonder Partnership After ‘Default’: Bonvoy Bookings Halted, 2025 Room‑Growth Outlook Trimmed

Marriott International ended its licensing agreement with Sonder, citing a default by Sonder. Sonder properties have been removed from Marriott’s booking channels and are no longer part of Marriott Bonvoy. Marriott lowered its 2025 net rooms growth forecast to about 4.5% after removing Sonder inventory. The partnership began in 2024 and was intended to last 20 years.
9 November 2025

Stock Market Today

  • Webjet Shares Drop to Record Low as Travel Bookings Decline and Virgin Australia Cuts Commissions
    May 19, 2026, 11:16 PM EDT. Webjet (ASX: WEB) shares hit a record low following a sharp fall in travel bookings amid the Middle East war. The online travel agency reported underlying earnings before interest, tax, depreciation and amortisation (EBITDA) of $28.1 million for the year to March 31, a decline driven by reduced flight sales. Virgin Australia's decision to cut commission rates further pressures Webjet's future earnings. The company noted the first seven weeks of the new financial year have been even more challenging, reflecting ongoing travel industry uncertainties and geopolitical risks impacting consumer demand for flights.

Latest articles

Wall Street Hit by Yield Jolt With Nvidia Up Next

Wall Street Hit by Yield Jolt With Nvidia Up Next

20 May 2026
U.S. stock ETFs remained lower late Tuesday after Wall Street’s main indexes fell for a third straight session, pressured by rising Treasury yields and caution ahead of Nvidia’s earnings. The SPDR S&P 500 ETF dropped 0.7% to $733.73. The 10-year Treasury yield hit 4.687%, its highest since January 2025, before easing. Nvidia shares slipped 0.7% after hours, with traders bracing for a major move post-earnings.
Viavi Stock Drops After $500 Million Share Sale Plan — The Debt Move Investors Can’t Ignore

Viavi Stock Drops After $500 Million Share Sale Plan — The Debt Move Investors Can’t Ignore

20 May 2026
Viavi Solutions shares dropped 7.1% in after-hours trading Tuesday after the company announced a $500 million public stock offering aimed at repaying debt. The offering, unveiled just after the Nasdaq close, could add roughly 10.1 million new shares. Viavi plans to use proceeds to pay down a $450 million loan. Total debt would fall to $650 million, according to a preliminary SEC filing.
Analog Devices Shares Rally After $1.5B AI Power Deal Ahead of Earnings

Analog Devices Shares Rally After $1.5B AI Power Deal Ahead of Earnings

20 May 2026
Analog Devices agreed to acquire Empower Semiconductor for $1.5 billion in cash, sending ADI shares up 1.36% to $419.95 in after-hours trading after closing down 1.02%. The deal, approved by both boards, is expected to close in the second half of 2026 pending regulatory review. Empower CEO Tim Phillips will continue to lead integrated voltage regulator work after the merger.
Go toTop