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Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

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Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

2

When SpaceX starts trading, some 'shareholders' will discover they own nothing at all

3

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer
LeadershipDonald Trump

Donald Trump’s Hotel Empire Is Set to Expand

By
Madeline Farber
Madeline Farber
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By
Madeline Farber
Madeline Farber
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January 26, 2017, 8:32 AM ET

If you live in a major U.S. city that doesn’t already have a Trump hotel, there’s a good chance one could come your way soon.

During an industry conference in Los Angeles, the CEO of Trump’s hotel-management company, Eric Danziger, announced there are plans to “triple the current total” of locations in the United States, Bloomberg first reported.

“There are 26 major metropolitan areas in the US, and we’re in five,” Danziger said, according to Bloomberg. “I don’t see any reason that we couldn’t be in all of them eventually.”

The firm is reportedly looking to expand to Dallas, Seattle, Denver, and San Francisco, in an effort to have “a domestic emphasis for the next four or eight years,” he said, according to Bloomberg. The news of the U.S. expansion comes after the firm had previously announced plans for hotels in China—a plan that’s “pretty much off” now, Danziger said during the panel.

Though President Trump has given control of his businesses to his sons Eric and Donald Jr., the news further raises questions about potential conflicts of interest he may have between his businesses and the presidency, notes Bloomberg. The President has yet to divest himself of any of his businesses.

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