Steve Wynn News
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Stored inside a laptop at FBI headquarters are photos of thousands of paintings, sculptures and artifacts, works by Vincent Van Gogh and Henri Matisse, Pablo Picasso and Paul Cezanne -- international treasures worth millions of dollars each. All are missing.
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Wynn Resorts Ltd., the casino company run by billionaire Steve Wynn, reported first-quarter profit that beat analysts’ estimates, helped by gains in Las Vegas.
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Wynn Macau Ltd., the unit of billionaire Steve Wynn’s Las Vegas-based casino company, rose to the highest in a year in Hong Kong trading after reporting a 19 percent increase in first-quarter profit.
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An independent review commissioned by Kazuo Okada’s lawyers found that Wynn Resorts Ltd.’s investigation that cost the Japanese billionaire his 20 percent stake in the casino operator was “deeply flawed.”
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The chief executive officers of software developer Oracle Corp. and watchmaker Fossil Inc. both work for a salary of a dollar or less a year. The only difference: $96.2 million.
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The trustee running the company behind the “Girls Gone Wild” videos asked a federal judge to ban the founder of the soft-core porn series from the company’s offices, saying he’s a violent man who threatened workers.
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Most Asian stocks fell as corporate earnings showed mixed results and the Bank of Japan added nothing new to its stimulus pledge. The regional benchmark index remains headed toward its biggest monthly advance since at least December.
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Ropes & Gray LLP added four new corporate partners. Bracewell & Giuliani LLP lawyers Jonathan Gill and Robb Tretter join the firm in New York as partners in the private-equity practice, focusing on distressed investing. Mark Wesseldine, previously of Fried Frank, Harris, Shriver & Jacobson LLP will be joining the firm as a finance partner in London. Victoria Lloyd, a capital markets and mergers and acquisitions lawyer also from Fried Frank, is joining Ropes & Gray in its Hong Kong office.
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The company behind the “Girls Gone Wild” videos will be run by a federal bankruptcy trustee, a judge ruled after creditors accused the founder of the soft-core pornography franchise of using the business to dodge his debts.
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Gaming mogul Steve Wynn may gain an edge in his courtroom battle for control of a $10 billion casino empire as business-partner-turned-rival Kazuo Okada is forced to answer questions from Wynn Resorts Ltd.’s lawyers.
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