The order is for 64 firm aircraft, including a mix of the mid-sized and super mid-sized Praetor jets, along with the smaller Phenom jets, executives from the companies told reporters in Las Vegas at an event coinciding with the National Business Aviation Association's flagship show.
*Marshall to open 33 airport stores by the end of 2024. Carl Cowling, who takes over from Clarke in November, said the addition of Marshall will roughly double the size of WH Smith's international travel business. Founded over 60 years ago in the gambling hub of Las Vegas, Marshall made a name for itself with souvenir shops in casinos and speciality retail outlets...
Blackstone Real Estate Income Trust will acquire the Bellagio for $4.25 billion through a 95-5 joint venture with MGM and will lease it back to a unit of the casino company for an initial annual rent of $245 million. MGM said it would sell Circus Circus Las Vegas to an affiliate of Treasure Island owner Phil Ruffin for $825 million. MGM's other assets include MGM...
Oct 15- Nevada gaming regulators are seeking a ban on former Wynn Resorts Ltd chief Steve Wynn from the state's casino industry, citing allegations of sexual misconduct that emerged a year ago, a regulatory filling showed. The Nevada Gaming Control Board lodged a complaint on Monday with the state's Gaming Commission, saying Wynn was "unsuitable to be...
Blackstone Real Estate Income Trust will acquire the Bellagio from MGM for $4.25 billion in a sale-leaseback transaction through a 95-5 joint venture with MGM, the companies said in a statement. MGM also said it would sell Circus Circus Las Vegas to an affiliate of Treasure Island owner Phil Ruffin for $825 million. In January, MGM announced plans to cut costs...
Oct 8- Index funds now control half https://tmsnrt.rs/2Mhmc6L the U.S. stock mutual fund market, giving the biggest funds enormous power to influence decisions and demand better returns at the companies in which they invest trillions of dollars. The three fund firms, for instance, supported doubling the pay of the chief executive at California utility PG&E...
WASHINGTON, Oct 7- The U.S. Supreme Court on Monday refused to hear Las Vegas sports gambler William "Billy" Walters' appeal of his 2017 insider trading conviction that landed him a five-year prison sentence in a case that also drew attention because of his ties to billionaire investor Carl Icahn and golfer Phil Mickelson. Walters had asked the justices to review a...
WASHINGTON, Oct 7- The U.S. Supreme Court on Monday refused to hear Las Vegas sports gambler William "Billy" Walters' appeal of his 2017 insider trading conviction that landed him a five-year prison sentence in a case that also drew attention because of his ties to billionaire investor Carl Icahn and golfer Phil Mickelson. Walters had asked the justices to review a...
LAS VEGAS, Aug 8- Apple Inc is offering cyber security researchers up to $1 million to detect flaws in iPhones, the largest reward offered by a company to defend against hackers, at a time of rising concern about governments breaking into the mobile devices of dissidents, journalists and human rights advocates. The $1 million prize would apply only to remote...
LAS VEGAS, Aug 8- Apple Inc is offering cyber security researchers up to $1 million to detect flaws in iPhones, the largest reward offered by a company to defend against hackers, at a time of rising concern about governments breaking into the mobile devices of dissidents, journalists and human rights advocates. A number of private companies, such as Israel's NSO...
NEW YORK/ PARIS, Aug 6- Barneys New York Inc filed for bankruptcy protection on Tuesday and put itself up for sale, pushed to the brink by falling revenue and soaring rent at its stores that caused many vendors to effectively stop shipping merchandise to the luxury department store chain. "We do not have a white knight as we stand here right now," said Joshua Sussberg, a...
SAN FRANCISCO, Aug 6- Hackers could crack open high-security electronic locks by monitoring their power, allowing thieves to steal cash in automated teller machines, narcotics in pharmacies and government secrets, according to research to be presented Friday at the annual Def Con hacking conference in Las Vegas. Mike Davis, a researcher with security firm...
Aug 6- U.S. department store operator and fashionista favorite Barneys New York Inc filed for bankruptcy protection on Tuesday and put itself up for sale, underscoring how even luxury retailers are struggling to freshen their image and compete with online rivals. The nearly century-old chain, best known for swanky shop windows on New York's Madison Avenue,...
Barneys secured $75 million in new financing from affiliates of Hilco Global and the Gordon Brothers Group to help it keep operating as it navigates the bankruptcy court, it said in a statement. The retailer will close its physical stores in Chicago, Las Vegas and Seattle, along with five smaller concept stores and seven Barneys Warehouse locations.
Aug 6- U.S. luxury department store chain Barneys New York Inc filed for Chapter 11 bankruptcy protection to restructure its business and pursue a sale, the New York Times reported early on Tuesday. The company plans to close stores in 15 of its 22 locations, including those in Chicago, Seattle and Las Vegas, as well as most of its outlets, it added.
Aug 6- U.S. luxury department store chain Barneys New York Inc filed for Chapter 11 bankruptcy protection to restructure its business and pursue a sale, the New York Times reported on Tuesday. Barneys struck a deal for $75 million in additional financing with two firms, Gordon Brothers and Hilco Global, to help it keep operating while it navigates bankruptcy...
NEW YORK, Aug 4- Days before Saturday's mass shooting that killed 20 people at a Walmart Inc store in El Paso, Texas, another shooting erupted at a Walmart in Southaven, Mississippi. "I feel confident in saying that it did in Southaven," said Walmart spokesman Randy Hargrove in a phone interview, adding that employees guided other associates and customers to the right...
HONG KONG, July 23- Cryptocurrency entrepreneur Justin Sun has postponed his $4.57 million charity lunch with Warren Buffett due to ill health, according to a tweet from Sun's TRON Foundation. "TRON Foundation announces postponement of Warren Buffett lunch, press conferences after founder Justin Sun falls ill with kidney stones," said a tweet from the...
NEW YORK, July 13- U.S. luxury department store operator Barneys New York Inc is exploring options that include a bankruptcy filing, as it struggles with high rents and changing consumer tastes, people familiar with the matter said on Saturday. The nearly 100- year-old retailer, known for its high-end designer collection, is working with law firm Kirkland& Ellis...
The Alphabet Inc subsidiary is testing complimentary Wi-Fi in its robotaxis in greater Phoenix, where hundreds of the company's identical, driverless minivans have been carrying paying riders since December. "When I push the Waymo button I know exactly the product I'm buying," said Jordan Ranous, 26, a Phoenix bank analyst who said he takes four Waymo round...
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