Wynn Macau Ltd. reported first-quarter profit that beat analyst estimates as billionaire Steve Wynn’s casino drew more premium mass-market customers in the world’s largest gambling hub. The stock climbed.
Brian Miller, who runs global trading at hedge fund Elliott Management Corp., is leaving after 21 years at one of the industry’s top performers and may eventually start his own fund, according to a letter to clients.
The General Services Administration held a one-day event at a cost topping a quarter of a million dollars less than a month after spending more than $823,000 at a Las Vegas conference that triggered a shake-up of the agency.
A General Services Administration official refused to answer questions at a congressional hearing into an $823,000 Las Vegas conference criticized by lawmakers and the Obama administration for wasting taxpayer money.
The General Services Administration held a one-day event that cost taxpayers more than a quarter of a million dollars about a month after spending $823,000 at a Las Vegas conference that triggered a shake-up of the agency.
Philip Falcone may have to seek a buyer for LightSquared Inc.’s airwaves after regulators rejected his business plan. If he has to sell, the proceeds will probably be a fraction of what the billionaire invested.