Priceline, the online travel booking company announced on Thursday its CEO Darren Huston has resigned following an internal investigation into a personal relationship with an employee who was not under his direct supervision. However, still the relationship within the company was a violation to its code of conduct.

On Wednesday, HNA Tourism Group Co Ltd, a Chinese company which is a unit of HNA Group Co Ltd, the aviation and shipping conglomerate, said it has agreed to buy Carlson Hotels.

The total number of tourists visiting Wellington through cruise ships has recorded an increase of 15 per cent giving a boost to the local economy.

On Monday, in an official announcement, the Bay Area Rapid Transit (BART) and three major unions reached an agreement of four-year contract extension. It includes raises and clauses that will avoid strikes which had earlier seen commuters face difficulty in 2013.

The tentative contract agreement includes 10.5 percent raise per employee in four years. The measure comes as officials of BART drive for a $3.5 billion bond measure to restructure its old infrastructure which will be voted for, in November.

Opening a pathway for greater competition, on Friday the Federal regulators announced plans of easing flight restrictions for Newark Liberty International Airport. That will make it easier for other carriers to get takeoff and landing slots inclusive of the ones which are not entirely utilized by United Continental Holdings Inc right now. United is the hub's biggest operator at present. The airport's operator said it will also lead to lower airfares.

Reportedly, Boeing is expected to trim about four thousand jobs by June. The report says, the job cuts at Boeing include executives and managers and will be a combination of voluntary buyouts and attrition.

The report says, about 1,600 employees will require to opt for the buyouts. The company will resort to layoffs in case enough employees do not volunteer for the buy outs.