DIRS.INFO The most relevant business & tech news

☆ Malaysia might add a casino to boost troubled $100 billion mega-development Forest City
▼ + stars: | 2024-04-25 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +5 min

Malaysia may add a casino to Forest City, a mega-development that has turned into a ghost town. AdvertisementMalaysia's Forest City mega-development started with big ambitions and big money. Now, Malaysia is in talks with several high-profile investors to add a casino to Forest City, people familiar with the matter told Bloomberg on Wednesday. AdvertisementThe southeast nation's Prime Minister Anwar Ibrahim met with the heads of a Malaysian property development firm and a resort company at Forest City last week. Expensive, empty apartmentsA casino — which would only be the second in Malaysia — could help struggling Forest City.

Persons: —, Anwar Ibrahim, Ibrahim Iskandar, King Ibrahim, Anwar, They're, Al Marjan Organizations: Service, City, Bloomberg, nation's, Forest City, Garden, Genting Group, Berjaya Corp, Business, United, United Arab Emirates, Las Vegas, downstate Locations: Malaysia, Forest City, Singapore, Malaysia's, Malaysian, Forest, Genting, Marielle, Johor, United Arab, Al, York City, York

☆ New York’s Freedom Plaza development will feature skyscrapers joined by daring cantilevered ‘skybridge’
▼ + stars: | 2024-02-15 | by ( Christy Choi | ) edition.cnn.com time to read: +5 min

The "skybridge" connecting the two hotel towers is set to feature a 150,000-gallon rooftop infinity pool. Bjarke Ingels GroupThe development is one of several projects competing for three casino gaming licenses recently approved for downstate New York by the state’s gaming commission. Bjarke Ingels GroupSoloviev Group has also promised that an unspecified percentage of the gaming profits, starting with a minimum $5 million donation, will go to an independently run non-profit community fund. Freedom Plaza will also contain public green space and a new Museum of Freedom and Democracy. Bjarke Ingels GroupUnaffiliated with Long Island University’s Museum of Democracy, the new institution will contain pieces of the Berlin Wall and works from the Soloviev Group’s art collection.

Persons: Bruce Munro, Le Corbusier, Wallace Harrison, Oscar Niemeyer, ”, Ray Pineault, “, Michael Hershman Organizations: CNN, New, United, Museum of Freedom and Democracy, British, Soloviev Group, BIG, UN, downstate, Soloviev, Mohegan, Museum of Freedom, Democracy, of Freedom and Democracy, Ingels Group, University’s Museum of Democracy Locations: New York City, Midtown Manhattan, Madison, Danish, North America, York City, York, New York, Long

Smoke from Canadian wildfires is expected to drift over the Northeast on Monday. “North winds will bring some smoke from the Canadian wildfires back into the region today,” the National Weather Service in New York posted on social media on Monday. “The impacts are projected to be mild, though New Yorkers will likely see hazy skies in the morning,” New York City Mayor Eric Adams said in a statement. “Smoke at high altitudes may be visible,” he posted on social media. The event is not expected to be as severe as smoke was during the summer.

Persons: ”, Eric Adams Organizations: National Weather Service, York City, The New York State Department of Environmental Locations: New York, New York City, New, York, Canada, NY, New Jersey , Pennsylvania, Delaware

☆ A Colorado City Has Been Battling for Decades to Use Its Own Water
▼ + stars: | 2023-09-05 | by ( David Gelles | ) www.nytimes.com time to read: +14 min

The City Council bought about 17,000 acres of farmland 60 miles to the north, near Fort Collins, along with the associated water rights. Today, almost 40 years later, the water Mr. Ethredge secured for his city remains out of reach. The city purchased 17,000 acres of farmland 60 miles north, near Fort Collins, decades ago. The Thornton water treatment plant. ; Thornton Water Project By Leanne AbrahamBack when Mr. Ethredge secured the water rights up north, Thornton planners figured they would need that water by 2000.

Persons: Jack Ethredge, Ethredge, Thornton, Ethredge’s, Mr, “, ”, Jeni Arndt, Thornton’s, Brett Henry, “ We’ve, we’ve, Denver Thornton, Colorado Adams Thornton, Leanne Abraham Back, Fort Collins, Barry Feldman, Feldman, Gary Wockner, “ We’re, we’re, Henry, Barbara Cohen, Ted Leighty, “ Thornton, Maiker, Peter LiFari, Christina Ra, Roger Uthmann, Wockner, Uthmann, ” Thornton, ” Mr Organizations: City Council, Housing, San, Loveland Greeley, Weld County Colorado Larimer Boulder Longmont, Boulder Adams, Denver Thornton Colorado, Greeley Weld, Boulder, Denver, Colorado Adams, Colorado Adams Thornton Denver, Colorado Supreme, Thornton, Home Builders Association of Metro Denver, Maiker Housing Partners, “ Locations: Thornton, Colo, Denver, Fort Collins, “, Rocky, Thornton’s, Colorado, San Luis Valley, Douglas County, In Texas, San Antonio, Collins, Loveland, Loveland Greeley Rocky, Weld County, Denver Thornton Colorado Denver, Greeley, Greeley Weld Larimer, Larimer County, Larimer, Thorton, Laporte

☆ Morgan Stanley names this casino stock a top pick, calls it the best way to play Macao's reopening
▼ + stars: | 2023-07-14 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Las Vegas Sands is a premier way to play Macao's reopening, according to Morgan Stanley. Analyst Stephen Grambling named the stock a top gaming pick. "We see it being the best way to play Macau and one of the final consumer recovery stories coming out of Covid," he said in a note to clients Friday. He described Las Vegas Sands as "the best way to play the mass market." LVS YTD mountain Las Vegas Sands, year to date — CNBC's Michael Bloom contributed to this report.

Persons: Morgan Stanley, Stephen Grambling, Grambling, Michael Bloom Organizations: Macau, Gross, Grambling Locations: Macao, Vegas, Singapore, New York, Grambling, Vegas Sands

☆ Sen. Sherrod Brown received an extra property tax credit and racked up penalties for late payments
▼ + stars: | 2023-05-03 | by ( Henry J. Gomez | ) www.cnbc.com time to read: +6 min

Sen. Sherrod Brown, D-Ohio, for years claimed an owner-occupancy tax credit at two properties, public records show — a potential violation of the state's rules governing such incentives. Responding to questions from NBC News, Brown and Schultz this week paid a $390 penalty stemming from their most recent late payment. Brown will no longer accept the owner-occupancy credit on the Columbus property, according to his campaign. Franklin County tax records available online show no late payments or penalties for Brown's Columbus condo — purchased in 2014 — over the last four years. Ohio schools are heavily reliant on property tax revenue, and late payments affect their accounting.

☆ Trump wants back in the casino biz — as Bally's landlord in the Bronx. Many approvals would still be needed.
▼ + stars: | 2023-02-14 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

Under a deal struck in December, Trump would sub-lease 17 acres of his Bronx golf course to Bally's. Bally's bid for a new casino on the city-owned grounds of Trump Golf Links at Ferry Point was first reported on Sunday by the New York Post. Proposals must be approved by a local community advisory committee that includes the governor, the mayor, the local state senator and assembly member, the borough president, and the local city council member. "We are incredibly excited at the prospect of bringing Bally's community-centered approach to gaming and entertainment to the Bronx," a casino spokesperson told Insider. One of those leaders is local city council member Marjorie Velazquez, who applauded the prospect of bringing jobs to her neighborhood.

☆ Kathy Hochul Eyes Higher Payroll Taxes, Casino Revenue to Avoid New York City Subway Cuts
▼ + stars: | 2023-02-01 | by ( Jimmy Vielkind | ) www.wsj.com time to read: 1 min

Kathy Hochul, the Democratic governor of New York, is calling on New York City to increase its contribution to the Metropolitan Transportation Authority by about $500 million a year. ALBANY, N. Y.—New York Gov. Kathy Hochul will seek to raise payroll taxes on downstate businesses and use revenue from new casinos to bolster mass transit in New York City as part of her proposed state budget on Wednesday. The Democratic governor is proposing an additional $1.3 billion a year for the Metropolitan Transportation Authority through the actions, her aides said. That includes a call for New York City to contribute roughly $500 million more to the authority, which operates subways, buses, and commuter railroads as well as bridges and tunnels.

Democrat Nikki Budzinski defeated Republican Regan Deering in Illinois' 13th Congressional District. Democrat Nikki Budzinski defeated Republican Regan Deering in Illinois' 13th Congressional District. Republican Rep. Rodney Davis, who currently represents the 13th District, was drawn out when the district was newly reconfigured, leaving the seat vacant. Illinois' 13th Congressional District candidatesBudzinski, who is running for Congress the first time, has previous experience in Washington. Voting history for Illinois' 13th Congressional DistrictIllinois' 13th Congressional District spans from Metro East St. Louis to parts of Springfield, Decatur, and Champaign-Urbana.

☆ Democrat Nikki Budzinski faces off against Republican Regan Deering in Illinois' 13th Congressional District election
▼ + stars: | 2022-11-02 | by ( Hanna Kang | ) www.businessinsider.com time to read: +4 min

Democrat Nikki Budzinski is running against Republican Regan Deering in Illinois' 13th Congressional District. The 13th District is located in the south-central region of the state. Republican Rep. Rodney Davis, who currently represents the 13th District, was drawn out when the district was newly reconfigured, leaving the seat vacant. Illinois' 13th Congressional District candidatesBudzinski, who is running for Congress the first time, has previous experience in Washington. Voting history for Illinois' 13th Congressional DistrictIllinois' 13th Congressional District spans from Metro East St. Louis to parts of Springfield, Decatur, and Champaign-Urbana.

☆ Caesars and developer SL Green pitch Times Square casino plan
▼ + stars: | 2022-10-20 | by ( Stefan Sykes | ) www.cnbc.com time to read: +2 min

Developer SL Green Realty is working with casino operator Caesars Entertainment on a bid to bring a casino to New York's Times Square, the companies announced Thursday. The partners said the proposed project would redevelop Times Square building 1515 Broadway into Caesars Palace Times Square, which will include a Broadway theater that will be home to "The Lion King" and other entertainment attractions. They also promised the development would "accelerate economic recovery for surrounding businesses" in Times Square, as well as "create good-paying union jobs for New Yorkers." "We believe that Times Square offers the best location for a new resort casino that can attract tourists and benefit local businesses. Caesars Palace Times Square will be 100% privately funded, the SL Green and Caesars Entertainment said, with Caesars managing the casino's operation and brand.

☆ The climate crisis has world leaders rethinking nuclear power
▼ + stars: | 2022-08-18 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

Climate change and Russia's invasion of Ukraine has world leaders looking again at nuclear power. Gavin Newsom's plan to keep a nuclear power plant open points to a trend. Nuclear power doesn't emit greenhouse gases and provides 10% of global electricity. Gavin Newsom wants to extend the life of a nuclear plant that was slated to close by 2025. The race to combat the climate crisis and shore up energy supplies after Russia's invasion of Ukraine is pushing policymakers to reconsider nuclear power.

Search resuls for: "downstate"

12 mentions found