Crypto’s hottest hires aren’t millennials. They’re banking cops

Veteran Wall Street enforcers are landing new roles on a wild frontier: virtual currencies. A growing number of crypto startups are adding former regulators

Toys ‘R’ Us’s UK arm enters administration after failed sale

Toys “R” Us Inc.’s U.K. unit said it entered into administration yesterday after talks to sell the business fell through. Simon Thomas and Arron

China | Move to extend leader’s role fuels business anxiety

The ruling Communist Party’s move to let leader Xi Jinping remain China’s president indefinitely is fueling anxiety that Beijing might be undermining reforms needed to

Corporate Bits | GEG announces salary rise for staff

Galaxy Entertainment Group announced that all eligible team members will be entitled to a pay rise that will be between 2.5 percent and 8 percent of

Hard Rock casino to flood Atlantic City with live music

Atlantic City’s newest casino promises to flood the city with live music. The music-themed Hard Rock casino opening this summer promises to become an East Coast

Corporate Bits | Promoters announce second show for Bruno Mars concert

Due to popular demand, Live Nation Lushington and The Venetian Macao have announced that a second show for the “Bruno Mars 24K Magic World Tour in Macao 2018” will be held on April

Weinstein Co. to file for bankruptcy after deal collapses

The global #MeToo movement that Harvey Weinstein unwittingly kicked off is now claiming the company he founded, the Weinstein Co. The Los Angeles-based film studio will file

How to fly the best first-class seats, cheaper than economy

Airline industry experts have been proclaiming the death of first class for years. While some airlines have done away with it altogether, others are doubling

Dropbox, valued privately at USD10b, files for IPO

Dropbox Inc., the file-sharing company that’s been privately valued at USD10 billion, filed for a U.S. initial public offering, saying it was at scale

BAIC and Daimler to build USD1.9b China production plant

BAIC Motor Corp. and Daimler AG plan to build a new factory in China for Mercedes-Benz vehicles to meet growing demand as the German automaker deepens its

Real Estate Matters | Using your BATNA to negotiate

Whether you are a seller, buyer or tenant, negotiation is the key to achieving what you want in real estate. We see a lot of different styles of negotiation. Some people

Ford ousts top exec over ‘inappropriate behavior’

Ford Motor Co. has ousted one of its top executives over allegations of inappropriate behavior. North America President Raj Nair is leaving the company effective

China Construction Bank seen as pick for BlackRock, Goldman

If you think things will keep getting better for China’s biggest banks, look no further than China Construction Bank Corp. Goldman Sachs Group Inc.

Apple is said to negotiate buying cobalt direct from miners

Apple Inc. is in talks to buy long-term supplies of cobalt directly from miners for the first time, according to people familiar with the matter,

Asian retailer Lotte accepts resignation from jailed co-CEO

Asian retail and chewing gum giant Lotte has accepted the resignation of its co-CEO after he was convicted of bribery and embezzlement in a wide-ranging corruption scandal

Corporate Bits | Wynn palace earns three new forbes awards

Wynn Palace has earned Five-Star triple crown for its hotel, spa, and Sushi Mizumi restaurant on the 2018 Forbes Travel Guide Star Rating list. Collectively,

Gaming | Once near death, Tropicana now No. 2 casino in Atlantic City

Ten years ago, Atlantic City’s Tropicana casino was on the verge of death, having been stripped of its casino license after its then-owners laid off vast swaths

Singapore | Home tax hike not a market cooling move, minister says

Singapore’s tax increase on home purchases exceeding SGD1 million (USD758,960) is aimed at making duties more equitable rather than imposing an additional property curb, said

Corporate Bits | MGM Cotai marks first CNY at property

MGM Cotai has held a Lion Dance Blessing Ceremony to celebrate its first Chinese New Year, kicking off with a traditional lion eye-dotting ritual and lion

Corporate Bits | Sands china holds ceremony to welcome CNY

Sands China welcomed the Year of the Dog with traditional cultural ceremonies at its properties on Saturday, with company executives participating in the annual tradition.

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