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The $65 Million Perk for CEOs: Personal Use of the Corporate Jet Has Soared

One of the flashiest executive perks has roared back since the onset of the pandemic: free personal travel on the company jet.Companies in the S&P 500 spent $65 million for executives to use corporate jets for personal travel in 2022, up about 50% from prepandemic levels three years earlier, a Wall Street Journal analysis found. Early signs suggest the trend continued last year. Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 One of the flashiest executive perks

Las Vegas Strip Workers Reach Tentative Labor Deal with Caesars

Unions representing Las Vegas Strip workers struck a tentative deal with Caesars Entertainment, one of three casino companies working to avert a strike that could start on Friday if more agreements aren’t reached.The Culinary and Bartenders unions said Wednesday that after 20 consecutive hours of negotiations, Caesars tentatively agreed to a new five-year contract covering about 10,000 workers at nine Las Vegas properties.Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Steve Wynn Agrees to Stay Out of Nevada's Gambling Industry

The former casino magnate has agreed to an effective ban from Nevada’s gambling industry in a settlement over his alleged sexual misconduct against former employees.  The former casino magnate has agreed to an effective ban from Nevada’s gambling industry in a settlement over his alleged sexual misconduct against former employees.  FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to…

Record Miami Land Sale Collapses Amid Slowdown

Even the hot Miami commercial real-estate market is being slowed by high interest rates and tight credit. Even the hot Miami commercial real-estate market is being slowed by high interest rates and tight credit. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you…

Why You're Losing More to Casinos on the Las Vegas Strip

Casinos are making it costlier to play and harder to win. Blackjack players lost nearly $1 billion on the Strip last year, according to data from the Nevada Gaming Control Board. Casinos are making it costlier to play and harder to win. Blackjack players lost nearly $1 billion on the Strip last year, according to data from the Nevada Gaming Control Board. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each…

MGM Group Gets OK to Build Japan’s First Casino in $8 Billion Project

TOKYO—A group that includes MGM Resorts International won government approval Friday to build Japan’s first casino, which they hope to complete by 2029 on an artificial island in Osaka.  The decision finally creates a clear path forward for a long-delayed plan to make casino resorts part of Japan’s tourism mix. Osaka, a popular tourist destination that has a large international airport and is close to the ancient capital of Kyoto, was among the first to raise its hand for a gambling license after…

The Hidden Ecosystem of Free Vacation Stuff

Danielle Thomas dashed off one last Facebook post from Las Vegas on the way to check out of her hotel last week. It wasn’t like her others.Instead of nightclubs and a desert ATV tour, she featured a pile of Doritos, Cheetos, orange juice, coffee creamer and water bottles stashed next to a vending machine on the 16th floor at the Horseshoe Las Vegas hotel. They were leftovers from a Walmart delivery to her room at the start of her trip. The 38-year-old financial account representative from…

Global Companies Are Finding It Hard to Leave Russia

Moscow’s invasion of Ukraine triggered a wave of promises by global businesses to exit Russia. A year later, many of those companies are still there.Hard Rock International closed its Hard Rock Cafe in Moscow but says it is negotiating the end of a franchise agreement with an independent restaurant operator in St. Petersburg. Volkswagen AG VOW 0.03% , Europe’s biggest auto maker, stopped sales and production of cars in Russia and says it is in advanced discussion to sell…

Top Office Owners Don’t Want to Own Only Office Buildings Anymore

Many of the most prominent office developers in the U.S. are shifting gears, looking to buy or build real estate that isn’t office.  Boston Properties Inc. is planning to develop 2,000 residential units up and down the East Coast. The firm, which owns more U.S. office space than any other publicly traded company, also is developing millions of square feet of lab and life-science space.  New York office owner SL Green Realty Corp is teaming up with…