Thursday, March 4, 2021

Leaving Las Vegas: Sands is selling its casinos in a $6.25 billion deal

Las Vegas Sands Corp., the upscale resort and casino company founded by the late Sheldon Adelson, is leaving its namesake city and selling its two Nevada properties in a $6.25 billion deal.
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Leaving Las Vegas: Sands is selling its casinos in a $6.25 billion deal
Las Vegas Sands Corp., the upscale resort and casino company founded by the late Sheldon Adelson, is leaving its namesake city and selling its two Nevada properties in a $6.25 billion deal. Read more »
 
Private equity firm acquires Michaels in $5 billion deal
Private equity giant Apollo Global Management is acquiring arts and crafts retailer Michaels in a $5 billion deal. Read more »
 
Fighting climate change is now a job for the Bank of England
Central banks are usually tasked with keeping inflation in check, while promoting economic growth and employment. Now, add fighting the climate crisis to the list. Read more »
 
Vaccines and stimulus are a powerful cocktail for the US recovery
Those betting on an economic boom in the United States this spring and summer just got a dose of very good news. Read more »
 
Americans' wages have gone up, but the news is not all good
The average paycheck for American workers has gotten bigger during the pandemic. Ordinarily that would be cause to jump for joy. But the reason for this increase is grim: Millions of low-income jobs are gone, and that has pushed average pay higher. Read more »
 
Exclusive: Wall Street is in for a rude awakening, former NY Fed president says
Wall Street threw a fit last week when Treasury rates spiked. The stock market tanked and investors feared the economy was overheating. Former New York Fed President Bill Dudley is warning that the temper tantrums are only just beginning. Read more »
 
 
 
 
Dow Nasdaq S&P
-345.95   -274.28   -51.25
30,924.14   12,723.47   3,768.47
-1.11%   -2.11%   -1.34%
YTD +1.04%   YTD -1.28%   YTD +0.33%
 
Biggest Winners
EOG Resources Inc +6.63%
 
Marathon Oil Corp +6.28%
 
Hess Corp +4.66%
 
Occidental Petroleum Corp +4.33%
Biggest Losers
Tyler Technologies Inc -13.58%
 
Freeport-McMoRan Inc -6.57%
 
Mosaic Co -6.31%
 
Aptiv PLC -5.88%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $63.96 +2.68 / +4.37%
Gold $1,695.80 -4.90 / -0.29%
10-yr 1.55% +0.08
Euro $1.20 -0.01 / -0.63%
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