The First SpaceX Tourist is Announced—Japanese Billionaire Yusaku Maezawa
The first SpaceX tourist to take a trip around the moon will be Japanese billionaire Yusaku Maezawa. The space exploration company made the revelation at a conference yesterday. Though still in development, Maezawa has bought a ... [Read]
British Airways Breach: CEO Formally Apologizes and Offers Compensation
British Airways’ system was hacked between August 21st and September 5th, and over 380,000 cards were taken by hackers from their database. This morning, the airline’s CEO, Alex Cruz, has formally apologized for what has ... [Read]
MGM Resorts is the NBA’s Official Gaming Partner: History Made
It’s a big day for the gaming industry. On Tuesday, MGM Resorts and the NBA announced a multi-year partnership. Many are calling this the MGM Resorts NBA partnership a “historic partnership” and we can see why. ... [Read]
MGM Resorts Announces $2B Share Repurchase Program – Placed on Forbes’ Best Employers for 2018 List
Nevada-based resort and casino company MGM Resorts International (NYSE:MGM) recently announced that a new $2 billion USD share repurchase program had been authorized. The company has also ended its previous $1 billion share repurchase program that had ... [Read]
Marriott Vacations to Purchase ILG
The American resort company Marriott Vacations (NYSE:VAC) announced Monday that they would be purchasing ILG, Inc. (NASDAQ:ILG). Marriott Vacations will be buying ILG, a Florida-based timeshare company, for approximately US $4.7 billion. Shareholders of ILG ... [Read]
Hilton Holdings Shares Being Sold By HNA Tourism
Nearly 63 million shares of Hilton Worldwide Holdings (NYSE:HLT) will be sold by its major stakeholder HNA Tourism Group. China-based HNA Tourism is selling its stake in Hilton in an attempt to restructure and earn ... [Read]
Mattel Buyout On The Horizon?
Toymaker Mattel, Inc. (NASDAQ:MAT) shares in November jumped up 29.2 percent, according to S&P Global Market Intelligence. This spike is due to news that broke of Hasbro, Inc. (NASDAQ:HAS) approaching the smaller company about a ... [Read]
Caesars Entertainment to Sell Harrah’s Las Vegas Venue to VICI Properties for $1.14B
Caesars Entertainment Corporation (NASDAQ:CZR) has disclosed that it will be selling its Harrah’s Las Vegas venue to a local real estate firm (VICI Properties Corporated) for $1.14 billion before leasing the venue back for roughly ... [Read]
TripAdvisor Shares Plunged More Than 18% Today, Here’s Why
As Airbnb continues to compete for vacation customers, online bookings have suffered tremendously. TripAdvisor, Inc. (NASDAQ:$TRIP) is no exception – the online travel firm saw its shares plunge Tuesday after warning investors about future results ... [Read]
Investors Get Ready to Leave as Mattel Inc. Shares Drop 15%
Any topic which includes popular brands such as Barbie, Hot Wheels, and Fisher-Price cannot be a discouraging topic. Unfortunately, this could not be further from the truth for the investors of Mattel Inc. (NASDAQ:$MAT) as ... [Read]