Stellantis is nearing a final agreement with the US administration on tariffs, CEO Carlos Tavares told Reuters, potentially easing trade tensions and impacting automotive costs. Talks remain ongoing.
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Reuters reports on a criminal investigation into Sheldon Adelson’s casino empire, probing allegations of financial misconduct and regulatory breaches. The inquiry raises questions about practices in the high-stakes gambling sector.
Caesars Entertainment reported a fourth-quarter profit, driven by robust performance in its Las Vegas operations. The strong recovery in the tourism and gaming sectors boosted the company’s financial results, Reuters reports.
MGM Resorts reported earnings below estimates, citing weak performance in its Las Vegas operations. The casino operator highlighted challenges in visitor spending amid a slower-than-expected recovery in the market.
MP Materials has secured a landmark deal with the US government to expand rare-earth processing capabilities, aiming to reduce China’s dominance in the critical minerals supply chain, Reuters reports.
The U.S. Department of Education has launched an investigation into the University of Nevada, Las Vegas, over its handling of alleged antisemitism on campus, Reuters reports. The probe aims to assess the university’s compliance with federal civil rights laws.
Las Vegas resorts won an appeal against a class action accusing them of hotel rate price-fixing. The US court ruled in favor of the resorts, rejecting claims of coordinated pricing practices.
Britain has issued its first online safety fine to US-based forum 4chan, Reuters reports. The penalty marks a significant step in enforcing new regulations aimed at curbing harmful content on digital platforms.
An Israeli official accused of a sex crime in Nevada has been ordered to appear in court via Zoom, Reuters reports. The virtual hearing aims to address legal procedures amid ongoing investigations.
At the height of his influence, Donald Trump rapidly moves to consolidate control over Washington, reshaping political dynamics. His swift actions signal a strategic push to dominate the capital’s power structures.
Las Vegas is gearing up for a Super Bowl supernova, aiming to solidify its reputation as a premier sports hub. The city plans major events and infrastructure to attract fans and boost its sporting profile.
Former President Donald Trump unveiled a new crypto business but provided few details about its operations or goals. The announcement left investors and analysts seeking clarity on the project’s scope and timeline.
Las Vegas Sands has exited the U.S. casino market, selling its domestic assets for $6.25 billion. The move marks a major shift as the company focuses on expanding its presence in Asia.
Casino operator Wynn exceeded fourth-quarter earnings estimates, driven by robust performance in its Las Vegas operations. Strong visitor demand and higher gaming revenue boosted overall results, Reuters reports.
Las Vegas is experiencing a robust economic resurgence, fueled by tourism and entertainment. Industry leaders, however, are preparing for a potential downturn, drawing lessons from past slumps to mitigate future risks.
Google announced significant price cuts on its business software for U.S. federal agencies, aiming to boost adoption and enhance government technology efficiency, Reuters reports.
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.
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.