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How to take advantage of unprecedented points, travel deals!

Bloomberg The beginning of a new year is always a good time to rethink your travel rewards strategy—but never more so than 2021. With the travel industry experiencing continued disruption from the coronavirus pandemic and hamstrung vaccine rollouts threatening to extend border closures even longer than expected, airlines and hotels are offering unprecedented deals to secure business (and loyalty) in ...

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Birkenstock in talks for sale to CVC Capital

Bloomberg Birkenstock, the German company behind the iconic sandals worn by hippies and preppies alike, is in talks to be taken over by CVC Capital Partners, according to people familiar with the matter. The private equity firm is in advanced negotiations with the family owners of the nearly 250-year-old brand, according to the people, who asked not to be identified ...

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Biden arrival in Washington framed by division, security

Bloomberg President-elect Joe Biden was expected to arrive in Washington, the eve of his inauguration, with the usual backdrop of celebrations and political comity replaced by a military lockdown. Biden was expected to spend the night at Blair House, the guest residence across the street from the White House — one of just a few traditions being honoured during the ...

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