MGM Resorts CEO Jim Murren to step down before contract ends
MGM Resorts International’s Chief Executive Officer Jim Murren will step down before completing his contract, the U.S. casino operator said on Wednesday.
MGM Resorts International’s Chief Executive Officer Jim Murren will step down before completing his contract, the U.S. casino operator said on Wednesday.
Tesla Inc is recalling 15,000 Model X SUVs because of a potential issue that can lead to a loss of power steering assist that could make steering harder and increase the risk of a crash. The National Highway Traffic Safety Administration (NHTSA) and Transport Canada said aluminium bolts that attach the electric power steering gear assist motor to the gear housing may corrode and break causing a reduction or complete loss of power steering assist in some 2016 model year vehicles. NHTSA said there are no known crashes or injuries associated with the issue. …read more […]
Tesla Inc is recalling 15,000 Model X SUVs because of a potential issue that can lead to a loss of power steering assist that could make steering harder and increase the risk of a crash.
Tesla Inc is recalling 15,000 Model X SUVs because of a potential issue that can lead to a loss of power steering assist that could make steering harder and increase the risk of a crash. The National Highway Traffic Safety Administration (NHTSA) and Transport Canada said aluminum bolts that attach the electric power steering gear assist motor to the gear housing may corrode and break causing a reduction or complete loss of power steering assist in some 2016 model year vehicles. NHTSA said there are no known crashes or injuries associated with the issue. …read more […]
Many Wealthy Retirement readers have asked for a breakdown of EPR Properties (NYSE: EPR)… and I’m here to deliver.
EPR is a real estate investment trust (REIT) that buys and develops entertainment-related properties. These include movie theaters, ski and golf complexes, and water parks.
The company uses long-term triple-net agreements, in which it buys a property and then leases it back to the original owner.
This structure benefits EPR because it places cost burdens, like property taxes, insurance and maintenance, on the tenants.
Tenants then have an incentive to renovate thanks to the long-term leases.
In fact, the average remaining lease term on EPR properties …read more […]
Wall Street closed at record highs on Wednesday as news that the coronavirus outbreak could be running out of steam kept buyers in the ring.
Do you want an exciting new play?
If so, let’s take a look at a company that Investor’s Business Daily (IBD) calls the “Tesla of space.”
And just to add in some wordplay, IBD says it’s “skyrocketing.” (Pretty clever, huh?)
IBD is talking about Virgin Galactic (NYSE: SPCE), the company that aims to commercialize space travel by developing spacecraft for both private individuals and researchers.
Virgin Galactic operates as a holding company – engaging in “the business of owning and operating privately built spaceships.”
In other words, the company designs manned, passenger-carrying spaceships that can fly you to space, safely – without the need for …read more […]
All three major U.S. stock indexes notched record closing highs on Wednesday as news the coronavirus could be running out of steam lifted investor optimism.
After experiencing a tough 2018, Altria bought a 35% stake in Juul at a $38 billion valuation at the end of 2018. At the time it seemed like e-cigarettes’ explosive growth will continue uninterrupted and around 10% of the young adults said in surveys that they “regularly or occasionally” vape. These young adults were using […] …read more […]
Global equity markets scaled fresh highs on Wednesday after China reported the lowest number of new coronavirus cases in two weeks, boosting hopes the epidemic will be contained and driving up the price of commodities sensitive to Chinese demand.
Disneyland raised its ticket prices, with some one-day passes now costing more than $200. Yahoo Finance’s On the Move panel breaks it down.
…read more […]
E-cigarette maker Juul Labs Inc bought online advertisements on teen-focused websites for Nickelodeon, Cartoon Network and Seventeen magazine after it launched its product in 2015, according to a lawsuit filed on Wednesday by the Massachusetts attorney general’s office.
Oil prices rose over 3% on Wednesday as China reported its lowest daily number of new coronavirus cases since late January, stoking investor hopes that fuel demand in the world’s second-largest oil consumer may begin to recover.
Lyft had a very simple task come its latest earnings day: give investors more hope. …read more […]
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