MGM to sell Bellagio, Circus Circus resorts for about $5 billion
MGM Resorts International said on Tuesday it would sell its Bellagio and Circus Circus resorts in Las Vegas in separate deals valued at about $5 billion, as the U.S. casino operator seeks to monetize its real estate assets and bolster its balance sheet.
Google, Reddit defend tech legal protections ahead of Congress hearing
A 23-year-old law giving technology companies legal protection from lawsuits over user-generated content remains critical to the internet’s future, Alphabet Inc’s Google unit and social media site Reddit Inc said in testimony released on Tuesday.
GM, union close to deal to end month-long UAW strike
General Motors Co (GM.N) and the United Auto Workers union were near a deal on Tuesday to end a 30-day strike that has cost the automaker about $2 billion after Chief Executive Mary Barra and President Mark Reuss took part in contract talks, according to two people briefed on the matter.
Four Republican lawmakers ask Trump to move forward with $10 billion Pentagon cloud contract
(Reuters) - Four Republican members of U.S. Congress, including House Armed Services Committee ranking member Mac Thornberry, sent a letter to President Donald Trump on Thursday urging him to move forward with a $10 billion cloud contract with the Defense Department.
As U.S. 'superstar' cities thrive, weaker ones get left behind
(Reuters) - In the depths of the financial crisis, when the world was shunning debt and battening down for the worst, city officials here zagged in what seemed a preposterous direction and spent $600 million on a new convention center.
American Airlines-Qantas joint venture wins final U.S. approval
(Reuters) - The U.S. Department of Transportation (DOT) on Friday granted American Airlines Group Inc and Qantas Airways Ltd final approval to operate a joint venture after a prior effort was rejected in 2016.
U.S. lawmakers challenge Facebook over Libra cryptocurrency plan
U.S. lawmakers bashed Facebook on Wednesday over its planned cryptocurrency, saying the company had not shown it could be trusted to safeguard the world financial system and consumers’ data.
Asian stocks wobble, bond yields fall on earnings woes, trade worries
Asian shares wobbled in early Thursday trading as Wall Street stocks dropped on early signs that the U.S.-China trade war could hurt corporate earnings, helping to underpin solid demand for safe-haven U.S. Treasuries.
Bank of America trims net interest income guidance
Bank of America Corp (BAC.N) lowered its annual net interest income guidance on Wednesday to reflect a weakened interest rate environment as the second-largest U.S. lender reported higher-than expected earnings fueled by strong consumer trends.
Airlines with buyers' remorse may use Boeing 737 MAX ban to revise orders
The grounding of Boeing’s global 737 MAX fleet has brought headaches for airlines that need to find alternative aircraft to fly in their place, but it has given some carriers a welcome opportunity to re-evaluate orders for the plane.