
Expedia Group to Webcast Second Quarter 2025 Results on August 7, 2025
About Expedia Group
Expedia Group, Inc. brands power travel for everyone, everywhere through our global platform. Driven by the core belief that travel is a force for good, we help people experience the world in new ways and build lasting connections. We provide industry-leading technology solutions to fuel partner growth and success, while facilitating memorable experiences for travelers. Expedia Group's three flagship consumer brands includes: Expedia®, Hotels.com®, and Vrbo®.
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San Francisco Chronicle
12 minutes ago
- San Francisco Chronicle
Rubio will meet Russian foreign minister in Malaysia with Ukraine tensions high
KUALA LUMPUR, Malaysia (AP) — U.S. Secretary of State Marco Rubio and his Russian counterpart will meet Thursday in Malaysia for what could be a testy conversation as tensions between the countries rise over Moscow's increasing attacks on Ukraine and questions about whether Russia's leader is serious about a peace deal. Rubio and Foreign Minister Sergey Lavrov are to see each other in Kuala Lumpur, where both men are attending the annual Association of Southeast Asian Nations Regional Forum, which brings together all 10 ASEAN members and their most important diplomatic partners, including Russia, China, Japan, South Korea, the Europeans and the U.S. The meeting is set to take place shortly after the U.S. resumed some shipments of defensive weapons to Ukraine following a pause — ostensibly for the Pentagon to review domestic munitions stocks — that was cheered in Moscow. The resumption comes as Russia fires escalating air attacks on Ukraine and as President Donald Trump has become increasingly frustrated with Russian President Vladimir Putin. 'Putin is not, he's not treating human beings right,' Trump said during a Cabinet meeting Tuesday, explaining the pause's reversal. 'It's killing too many people. So we're sending some defensive weapons to Ukraine, and I've approved that.' A US diplomatic push could be overshadowed by tariff threats Rubio will also see other foreign ministers, including many whose countries face tariffs set to be imposed on Aug. 1. That threat could overshadow the top diplomat's first official trip to Asia, just as the U.S. seeks to boost relations with Indo-Pacific nations to counter China's growing influence in the region. Trump notified several countries on Monday and Wednesday that they will face higher tariffs if they don't make trade deals with the U.S. Among them are eight of ASEAN's 10 members. State Department officials said tariffs and trade will not be Rubio's focus during the meetings, which Trump's Republican administration hopes will prioritize maritime safety and security in the South China Sea, where China has become increasingly aggressive toward its small neighbors, as well as combating transnational crime. But Rubio may be hard-pressed to avoid the tariff issue that has vexed some of America's closest allies and partners in Asia, including Japan and South Korea and most members of ASEAN, which Trump says would face 25% tariffs if there is no deal. Malaysian Prime Minister Anwar Ibrahim has warned that global trade is being weaponized as U.S. tariffs loom over Southeast Asia. Speaking at an ASEAN foreign ministers' meeting on Wednesday, Anwar urged the bloc to strengthen regional trade and reduce reliance on external powers. Rubio's 'talking points on the China threat will not resonate with officials whose industries are being battered by 30-40% tariffs,' said Danny Russel, vice president of the Asia Society Policy Institute and a former assistant secretary of state for East Asia and the Pacific during the Obama administration. When Anwar said "ASEAN will approach challenges 'as a united bloc' — he wasn't talking about Chinese coercion but about U.S. tariffs,' Russel noted. 8 of ASEAN's 10 members face major tariff hikes Among ASEAN states, Trump has so far announced tariffs on almost all of the 10 members of the bloc, which would face a 25% tariff that could specifically hit its electronics and electrical product exports to the United States. Trade Minister Zafrul Aziz said Wednesday that while Malaysia is ready to resume tariff negotiations, it would not cross its red lines, including U.S. requests for changes to government procurement, halal certification, medical standards and digital taxes. Trump sent tariff letters to two more ASEAN members Wednesday: Brunei, whose imports would be taxed at 25%, and the Philippines, at 20%. Vietnam recently agreed to a trade deal for 20% tariffs on its imports, while Singapore wasn't part of Trump's original April 2 tariffs. Both are ASEAN countries. The Trump administration has courted most Southeast Asian nations in a bid to blunt or at least temper China's push to dominate the region. In Kuala Lumpur, Rubio also will likely come face-to-face with Chinese Foreign Minister Wang Yi during his brief visit of roughly 36 hours. Russel noted that Chinese Foreign Minister Wang Yi is a veteran of such gatherings and 'fluent in ASEAN principles and conventions,' while Rubio 'is a rookie trying to sell an 'America First' message to a deeply skeptical audience.' Issues with China, including on trade, human rights, the militarization of the South China Sea and China's support for Russia in Ukraine, remain substantial. ___


Boston Globe
12 minutes ago
- Boston Globe
Rubio will meet Russian foreign minister in Malaysia with Ukraine tensions high
Advertisement The resumption comes as Russia fires escalating air attacks on Ukraine and as President Donald Trump has become increasingly frustrated with Russian President Vladimir Putin. 'Putin is not, he's not treating human beings right,' Trump said during a Cabinet meeting Tuesday, explaining the pause's reversal. 'It's killing too many people. So we're sending some defensive weapons to Ukraine, and I've approved that.' A US diplomatic push could be overshadowed by tariff threats Rubio will also see other foreign ministers, including many whose countries face tariffs set to be imposed on Aug. 1. That threat could overshadow the top diplomat's first official trip to Asia, just as the U.S. seeks to boost relations with Indo-Pacific nations to counter China's growing influence in the region. Trump notified several countries on Monday and Wednesday that they will face higher tariffs if they don't make trade deals with the U.S. Among them are eight of ASEAN's 10 members. Advertisement State Department officials said tariffs and trade will not be Rubio's focus during the meetings, which Trump's Republican administration hopes will prioritize maritime safety and security in the South China Sea, where China has become increasingly aggressive toward its small neighbors, as well as combating transnational crime. But Rubio may be hard-pressed to avoid the tariff issue that has vexed some of America's closest allies and partners in Asia, including Japan and South Korea and most members of ASEAN, which Trump says would face 25% tariffs if there is no deal. Malaysian Prime Minister Anwar Ibrahim has warned that global trade is being weaponized as U.S. tariffs loom over Southeast Asia. Speaking at an ASEAN foreign ministers' meeting on Wednesday, Anwar urged the bloc to strengthen regional trade and reduce reliance on external powers. Rubio's 'talking points on the China threat will not resonate with officials whose industries are being battered by 30-40% tariffs,' said Danny Russel, vice president of the Asia Society Policy Institute and a former assistant secretary of state for East Asia and the Pacific during the Obama administration. When Anwar said 'ASEAN will approach challenges 'as a united bloc' — he wasn't talking about Chinese coercion but about U.S. tariffs,' Russel noted. 8 of ASEAN's 10 members face major tariff hikes Among ASEAN states, Trump has so far announced tariffs on almost all of the 10 members of the bloc, which would face a 25% tariff that could specifically hit its electronics and electrical product exports to the United States. Trade Minister Zafrul Aziz said Wednesday that while Malaysia is ready to resume tariff negotiations, it would not cross its red lines, including U.S. requests for changes to government procurement, halal certification, medical standards and digital taxes. Advertisement Trump sent tariff letters to two more ASEAN members Wednesday: Brunei, whose imports would be taxed at 25%, and the Philippines, at 20%. Vietnam recently agreed to a trade deal for 20% tariffs on its imports, while Singapore wasn't part of Trump's original April 2 tariffs. Both are ASEAN countries. The Trump administration has courted most Southeast Asian nations in a bid to blunt or at least temper China's push to dominate the region. In Kuala Lumpur, Rubio also will likely come face-to-face with Chinese Foreign Minister Wang Yi during his brief visit of roughly 36 hours. Russel noted that Chinese Foreign Minister Wang Yi is a veteran of such gatherings and 'fluent in ASEAN principles and conventions,' while Rubio 'is a rookie trying to sell an 'America First' message to a deeply skeptical audience.' Issues with China, including on trade, human rights, the militarization of the South China Sea and China's support for Russia in Ukraine, remain substantial. U.S. officials continue to accuse China of resupplying and revamping Russia's military industrial sector, allowing it to produce additional weapons that it can use attack Ukraine. Associated Press writer Eileen Ng in Kuala Lumpur, Malaysia, contributed to this report.


Business Wire
an hour ago
- Business Wire
Genesis HealthCare Sets New Course to Strengthen Future
KENNETT SQUARE, Pa.--(BUSINESS WIRE)-- Genesis HealthCare, Inc., along with its subsidiaries, announced today that it has taken steps to implement a financial restructuring to secure the long-term delivery of its mission. This process is designed to ensure that the Company can continue operating in a seamless manner, while also allowing the Company to address its legacy liabilities associated with previously divested operations. To facilitate the Company's restructuring efficiently and with minimal disruption to ongoing operations, the Company has filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Northern District of Texas Dallas Division (the "Court"). 'We have much to be proud of for the tremendous progress we have made as an organization over the last several years as we have implemented a forward-looking, enterprise-wide shift from centralized to market-based operations,' said David Harrington, Executive Chairman of the Genesis HealthCare, Inc., Board of Directors. 'Our ongoing work has confirmed that, to maintain our momentum, we must address our legacy debt structure. The goal of this filing is to emerge a stronger, healthier company poised to exceed our goals for clinical and operational excellence.' Chapter 11 of the U.S. Bankruptcy Code guides how a company can restructure its debt while continuing to operate normally during the reorganization. Subject to Court approval, the Company has secured a commitment of $30 million in debtor-in-possession (DIP) financing, from its existing secured lenders. This DIP financing, combined with cash on hand and cash flow generated from ongoing operations, will support the business to satisfy its ongoing obligations, and enable the Company to remain focused on delivering quality care during the Court-supervised process. Importantly, the filing includes provisions to ensure that staff will retain their positions, pay and benefits so that patients and residents will continue to be served by the providers they trust. Vendor agreements will remain in place while the process moves forward. 'We believe this financial reorganization is a necessary step for our organization to sustainably deliver on our mission of improving lives through delivery of high-quality healthcare and everyday compassion,' said Lauren Murray, Genesis HealthCare Chief Operating Officer. 'We assure all those who rely on us for care that we remain fully focused on and committed to providing the high-quality care you have come to expect, and we thank you for your continued confidence. This process is designed to ensure that we can continue to deliver on that commitment. We also are grateful for our talented staff and their dedication to excellence, which has positioned Genesis HealthCare for continued growth and a bright future.' Court filings and additional information related to the proceedings, which include a proposed transaction involving a current affiliate, are available at The proposed transaction is subject to higher bidding and court approval, and would result in the current affiliate acquiring the Company's operations. Those with further questions can call (toll-free in the US) 888-861-3979. Advisors McDermott Will & Emery LLP is serving as legal counsel, Ankura Consulting is providing financial restructuring and Chief Restructuring Officer services (Russell A. Perry and Louis E. Robichaux IV, Co-CROs), and Jefferies is serving as exclusive investment banker. Genesis HealthCare, Inc. is a holding company with affiliates that operate skilled nursing facilities and assisted/senior living communities. Its subsidiaries also specialize in contract rehabilitation therapy, respiratory therapy, physician services, and accountable care, collectively referred to as Genesis HealthCare. To learn more, visit