Marriott International, Inc. and Starwood Hotels & Resorts Worldwide, Inc. announced today that the companies have signed an amendment to their definitive merger agreement that creates the world's largest hotel company.

Cuba Ventures Corp. announces that the Company has received regulatory acceptance for its change of business through the acquisition of a 100% interest in Travelucion S.L..

Global PR agency Weber Shandwick announced it has obtained a license from the U.S. Department of the Treasury that grants the Interpublic unit permission to pursue opening an office in Cuba.

The developer of the stalled Baha Mar resort has urged the Bahamas government to provide funding to help pay off creditors and potentially push the resort toward completion, after Bahamas Prime Minister Perry Christie said the project had little chance of opening anytime soon.

Starwood Hotels & Resorts has rejected a proposed takeover by Marriott International, preferring to explore what it views as a “superior offer” from a consortium led by Anbang.

The U.S. is loosening rules on travel to Cuba and the Cuban government's use of the dollar, removing obstacles to closer ties between the two countries five days before President Barack Obama makes a historic trip to Havana.