News

Atlantic City's Revel Casino Set to Close

Mashable - 2 hours 31 sec ago

ATLANTIC CITY, N.J. — It's the most spectacular and costly failure in Atlantic City's 36-year history of casino gambling: the $2.4-billion Revel Casino Hotel emptied its hotel Monday. The casino itself will shut early Tuesday morning.

Revel is shutting down a little over two years after it opened, aiming to revitalize Atlantic City's struggling gambling market

But mired in its second bankruptcy in two years, Revel has been unable to find anyone willing to buy the property and keep it open as a casino. It has never turned a profit.

See also: Mid-Century Postcards Reveal the Summers of the Past Read more...

More about Gambling, Business, Us, Travel Leisure, and Atlantic City
Categories: News

New Arctic Economic Council will try to shape development in North

cbc.ca - 2 hours 13 min ago

The first meeting of the Arctic Economic Council begins Tuesday in Iqaluit, with the new group aiming to lay the groundwork for businesses seeking opportunities as climate change opens up the North.

Categories: News

Towns hit by Sandy wrestle with questions of eminent domain in beach protection projects

Fox Business - 2 hours 15 min ago
The Long Island village of Asharoken (ASH'-uh-roh-kehn) faces a dilemma as it seeks to protect itself from erosion and other problems in the wake of Superstorm Sandy.
Categories: News

Report: Deals in place to make iPhone "mobile wallet"

USA Today - 2 hours 39 min ago

Apple has deals with MasterCard, Amex, Visa payment processors, Bloomberg News reports.

       
Categories: News

American tourists held prisoner in North Korea urge U.S. to negotiate their freedom in rare interviews

canada.com - 2 hours 47 min ago
Kenneth Bae is serving 15 years and says his health has deteriorated while working at a labor camp. Jeffrey Fowle and Mathew Miller expect to face trial in a month
Categories: News

Alibaba Group IPO comes with unusual structure

USA Today - 2 hours 51 min ago

Chinese e-commerce giant's online and mobile businesses will be controlled by a 'variable interest entity.'

       
Categories: News

Imperial Tobacco closes $13 billion of loans

Reuters - 2 hours 57 min ago
LONDON (Reuters) - British cigarette maker Imperial Tobacco has closed loans of about $13 billion to back its acquisition of selected brands and assets from Reynolds American Inc, the lead banks said on Monday.
Categories: News

7 Tests To Make An Accurate Sales Forecast

Forbes - 2 hours 57 min ago
It won’t be easy, and it won’t make you popular, but here are seven tests to ensure that your sales forecasts will come true.  By asking these questions, you'll do more than improve your forecast accuracy. You will change behaviors. 1. Check for a Compelling Reason Why If you want to ensure that your sales forecast is real, you begin by asking one simple question: “What is the compelling reason that this perspective client is going to buy?” This is the first test because without a compelling reason to buy, the prospective client opportunity in your pipeline cannot be forecast. If the answer is soft, so is the opportunity. 2. Check for Honest Closing Dates If the close date on an opportunity is March 31, June 30, September 30, or December 31, they should not be forecast. These are sales rep dates, not client or buyer dates. Buyers aren't worried about closing on the quarters end.
Categories: News

Emerging Markets To Drive Automotive Comeback

Forbes - 3 hours 10 min ago
A look at some of the car makers returning the most value to their shareholders since the 2008 financial crisis.
Categories: News

Top 10 Luxury Car Brands In China

Forbes - 3 hours 10 min ago
According to the 2013 World Luxury Index by the Digital Luxury Group, these are the global auto makers the rich Chinese want to drive.
Categories: News

Revel's final countdown saddens fans

philly.com - 3 hours 10 min ago
ATLANTIC CITY - As the final guests checked out of the Revel Casino Hotel Monday morning, some said they were convinced that the $2.4-billion bankrupt property would reopen under a new owner.
Categories: News

Surprising number of workers choose to be paid in bitcoin

cbc.ca - 3 hours 22 min ago

A small but growing — and surprising — number of workers are rejecting Canadian dollar salaries for bitcoin, according to an Ontario payroll firm.

Categories: News

Report: Apple fixes bug exposing nude celeb photos

USA Today - 3 hours 26 min ago

Report says gave hackers access to iCloud accounts, may have exposed pix on celeb phones.

       
Categories: News

Arab writers mock ISIS terrorists in cartoons and comedy programs aimed at ‘rejecting extremism’

canada.com - 3 hours 27 min ago
The shows use satire to criticize ISIS, challenge the legitimacy of its claims and chip away at the fear some have that the Islamic militants are unstoppable
Categories: News

PS4 Update Adding Themes To The Dashboard

Forbes - 3 hours 29 min ago
PS4 dashboards are about to get a lot more customizable. Sony has just announced that the PS4 will follow in the footsteps of the Vita by adding custom themes to the console's Dashboard. The reveal showcased a few animated themes featuring Japanese PlayStation characters Toro and Kuro. Switching through the menus changes the background where the characters reside.
Categories: News

Pages