Wynn Resorts Fight Over Board Seat Has Roots in Divorce Settlement

Without a trace of bitterness, the billionaire Stephen A. Wynn once described his divorce from Elaine P. Wynn as the most expensive in American history. They evenly split his stake in the casino-resort company they co-founded and seemed to remain compatible leaders of some of the most profitable hotel-casinos in the world. Now that amicability itself may be history — […]

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Global Economic Updates

Gold climbed above $1,300 an ounce today for the first time since August as worries over the global economy and hopes of stimulus measures from the ECB fueled safe-haven bids. After shunning gold for two years, investors are returning to the precious metal, boosting prices 4.7% just last week. The IMF and World Bank’s weak global growth outlooks and SNB’s abrupt […]

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