Corporate Bits | Global traditional medicine conference to be held November in Macau

chinese-traditional-medicineA High-level Chinese medicine conference on the Protection and Development of Global Traditional Medicine Culture 2014 (Macau), themed, “Innovating and Developing Global Traditional Medicine, Marching toward a New Era of Ecological Civilization”, will be held the first time in the city from November 13 to November 14, to promote development of the local traditional medicine industry.
Focusing on the construction of traditional medicine culture and ecological civilization, about 1000 participants will attend the conference, including Chinese and foreign political figures, masters of traditional Chinese medicine, representatives from international organizations, famous experts, business leaders, and media professionals.
Topics up for discussion include “Ecological Civilization and Traditional Medicine”, “Sustainable Development of Traditional Medicine”, and “Contemporary Information-based Medicine: Discover and Understand Traditional Medicine from a New Perspective”.

Trump Entertainment asks judge to allow plaza slot-machine sale

iGLy2VB1oGWoTrump Entertainment Resorts Inc. idled 353 slot machines with names such as Top Dollar, Jackpot, Loveboat and Dangerous Beauty when it closed its Plaza casino in Atlantic City, New Jersey, after declaring bankruptcy.
Now the company is betting it can squeeze a bit more value from the slots by selling the machines and unloading the cost of securing, maintaining and storing them.
The company asked U.S. Bankruptcy Judge Kevin Gross in Wilmington, Delaware, for permission to sell the slots for USD146,650 to Patriot Gaming & Electronics Inc., with offices in New Gretna, New Jersey. That works out to about $415 each for Patriot, which repurposes and distributes used slot machines, according to its website.
The slots “are no longer necessary” for business and will help “obtain meaningful value” for creditors, Trump Entertainment said in an Oct. 24 filing.
The company filed for Chapter 11 protection Sept. 9, citing assets and debts of as much as $500 million each, amid growing regional competition. It won permission this month to scrap provisions of its union contract to save money.
Donald Trump, who founded the resorts, has no active role in management and is seeking to have his name removed from the Plaza and the company’s other casino, the Taj Mahal, which is still open for business.

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