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Sader Hospitality takes over management of Two Bunch Palms Resort and Spa

LOS ANGELES, California – Sader Hospitality Worldwide, LLC, a hospitality management company in Los Angeles, California, announced today that the firm has been awarded the management contract for Two Bunch Palms Resort & Spa, the most celebrated natural hot mineral springs in Desert Hot Springs, California. The announcement was made by Ghassan (Gus) Sader, Founder and CEO of Sader Hospitality.

The resort, located in Desert Hot Springs (a desert community adjacent to Palms Springs) is only a two-hour drive from Los Angeles, and is well known for the natural hot mineral springs feeding a desert oasis called The Grotto. T

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Don’t Get Fooled by an ETF’s Name

Investors should never be fooled into trading an exchange traded fund based solely on its moniker, lest they discover some nasty surprises down the line. While their moniker may give a sense of the what the investment covers, individuals will still need to do some homework on their part before diving in.

If properly understood, misleading ETFs can be effectively utilized like any other fund, writes Vedran Vuk, Senior Analyst at Casey Research, in a special report.

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Mauritius President resigns, rejoins active politics as figurehead

(eTN) – In a surprise move, at least as far as the timing was concerned, Sir Anerood Jugnauth, President of the Indian Ocean island state of Mauritius, tendered his resignation from office and declared his intention to re-join active politics as a figurehead amalgamating and galvanizing the opposition to the present government.

Close observers on the island, however, mentioned that this was not a total surprise as significant differences of opinion had appeared in the past between the President and his Prime Minister over the way the government of the day was running things and the deep concerns over many aspects in politics and the economy.

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Tom Lydon Explains ETF Premium and Discounts on CNBC’s Fast Money

Tom and the Fast Money team talk about the importance of understanding what’s under the hood before buying an ETF. Watch the CNBC video to see the full interview.

Chalking out your appropriate mobile strategy as a travel company

The travel industry continues to expand and refine its mobile portfolio as it attempts to engage and convert mobile shoppers.

Companies acknowledge that travelers want instant, reliable, and accurate information at all stages of travel, from planning, in-destination, through to the journey home. Providing this information clearly and efficiently is essential to success.

Specialists in this arena recommend that companies need to embrace mobile uniqueness. The focus should be on answering queries like – What can I add that would be impossible on a website?

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Kingfisher: better spotted on trees, than being flown on

(eTN) – In less than a month, we are entering the customary two-month long school holiday season in India. Yet there is no end to the troubles facing cash-strapped Kingfisher Airlines (KF). Less than ten days ago, the income tax authorities decided to freeze its accounts; a couple of days ago it was the turn of yet another tax authority to freeze the account. All in all, passengers of Kingfisher Airlines have had to undergo many hardships over the past month, with flight cancellations and delays, not knowing for sure whether his/her flight would take off.

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Delta expands codeshare with China Eastern, China Southern

ATLANTA, GA – Delta Air Lines today announced expanded codeshare agreements with China Eastern and China Southern airlines, two of the largest carriers in the People’s Republic of China, which will provide more options for customers traveling between the United States and China.

The agreements, recently approved by the Civil Aviation Administration of China, will allow both Chinese carriers to place their codes and flight numbers on Delta-operated flights between Seattle and Beijing.

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Paulson Sells More of Gold ETF; Soros, PIMCO Buy In

Hedge fund manager John Paulson continued to scale back his position in the world’s largest gold exchange traded fund in the fourth quarter, while George Soros and PIMCO were among the notable buyers of gold ETFs, regulatory filings show.

Selling gold ETFs was likely driven by client redemption needs as Paulson remained bullish on the precious metal, according to the report.

Separately, Soros and investment manager PIMCO boosted their stakes in SPDR Gold Shares , which holds nearly $71 billion in assets. Gold futures were trading over $1,730 an ounce Wednesday morning.

Paulson’s sales of GLD have been more than offset by purchases by other investors,” according to Reuters. The E

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