Marriott CEO on Washington Hotel, Asia, Airbnb

April 30 (Bloomberg) -- Arne Sorenson, chief executive officer of Marriott International, talks about the opening of the Marriott Marquis hotel in Washington tomorrow, the company's growth strategy in Asia and potential competition with Airbnb Inc. Sorenson, speaking with Trish Regan on Bloomberg Television's "Street Smart," also discusses group bookings in the U.S. (Source: Bloomberg)

The Crude Reality of BP's Sliding Profits
21:23 - BP Plc, the first oil major to report second-quarter results, said earnings fell 45 percent as lower crude prices continued to erode income and refining margins shrank. Profit adjusted for one-time items and inventory changes dropped to $720 million from $1.3 billion a year earlier, the company said Tuesday. That missed the $819 million average estimate of 13 analysts surveyed by Bloomberg. Downstream earnings, which include refining, declined 19 percent. Bloomberg's Ryan Chilcote reports and Source Head of Multi-Asset Research discusses with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."
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