News Snapshot:
The secretive billionaire genius behind Beanie Babies has a business reputation as anything but a teddy bear. People who know Ty Warner, the brand’s founder, said he’s a stubborn eccentric who wants things done his way — or else. Now, he toying with his reputation by putting two landmark hotels he owns on ice but not making it clear why. Mystery surrounds the 78-year-old decision to shutter both the iconic Four Seasons Hotel in New York as well as the Four Seasons Biltmore in Santa Barbara. He closed them at the start of the pandemic in 2020 and it was...
