A detailed view of the Dallas Mavericks logo on the court during the fourth quarter in Game Four of the 2022 NBA Playoffs Western Conference Finals between the Golden State Warriors and the Dallas Mavericks at American Airlines Center on May 24, 2022 in Dallas, Texas. Ron Jenkins | Getty Images News that Miriam Adelson … Read more
Miriam Adelson, philanthropist and wife of billionaire Sheldon Adelson, listens during a Presidential Medal of Freedom ceremony in the East Room of the White House in Washington, D.C., U.S., on Friday, Nov. 16, 2018. Andrew Harrer | Bloomberg | Getty Images Miriam Adelson, the largest shareholder of Las Vegas Sands, is selling $2 billion worth … Read more
Las Vegas Sands’ recovery from the Covid-19 pandemic is gaining steam, and Asia is a big reason why. The world’s largest casino company on Wednesday announced it pulled in $1.12 billion in third-quarter adjusted property EBITDA, a crucial measure of profitability in the gambling industry. That’s nearing pre-pandemic levels, off just 6% from the same … Read more
Federal Reserve Chairman Jerome Powell speaks during a meeting of the Economic Club of New York in New York City, U.S., October 19, 2023. Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, … Read more