The US government has denied intervening in the case of an Israeli official accused of a sex crime in Nevada. Officials emphasized that the legal process will proceed without diplomatic interference.
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Las Vegas shows strong consumer spending in entertainment amid rising rates, signaling confidence in the economy. This supports the Federal Reserve’s “soft landing” narrative, suggesting inflation can be tamed without a recession.
Las Vegas Sands exceeded quarterly profit estimates, driven by robust performance in its Singapore operations. Strong demand and improved margins boosted earnings, highlighting the company’s resilience amid market challenges.
Panasonic plans to delay its US electric vehicle battery investment due to slower-than-expected Tesla sales, Nikkei reports. The move highlights challenges in EV market growth amid shifting demand.
Southwest Airlines slashed its financial forecast amid growing uncertainties from the US-China trade war, highlighting the broader impact of escalating tariffs on the aviation and travel sectors, Reuters reports.
Former President Donald Trump visited Las Vegas to address the ongoing debate over taxation on employee tips. The discussion aimed to highlight impacts on workers and local businesses, Reuters reports.
Panasonic Energy announces its top priority is to reduce China-based supplies for Tesla’s US operations, aiming to strengthen local production amid rising geopolitical tensions, Reuters reports.
Grocery stores have increased political donations despite heightened scrutiny from Democrats. The sector’s growing contributions highlight the industry’s strategic efforts to influence policy amid regulatory pressures, Reuters reports.