By WAYNE PARRY Associated Press ATLANTIC CITY, N.J. (AP) — Atlantic City’s casinos were less profitable in 2023 than they were a year earlier, even with help from the state’s booming online gambling market. Figures released Monday by New Jersey gambling regulators show the nine casinos collectively reported a gross operating profit of $744 million
Atlantic City’s casinos were less profitable in 2023 than they were a year earlier, even with help from the state’s booming online gambling market
(Reuters) -Citigroup's profit fell in the first quarter as it spent more on severance payments for laid-off employees and set aside money to refill a government deposit insurance fund. Citi said in its investor presentation that it expects a headcount reduction of 7,000 and $1.5 billion in annualized savings from reorganization. Fraser began a sweeping reorganization in September to simplify the bank and improve performance.
The Iowa City City Council discussed the possibility of becoming a Sister City with another international city at its April 2 meeting. Deputy City Manager Redmond Jones II gave a presentation during the work session portion of the meeting and answered the councilors’ questions about the logistics and benefits a sister city would bring to
(From the City of Findlay) The City of Findlay will offer a bulk trash drop-off for Findlay residents from Saturday, April 20, 2024, to Saturday, April 27, 2024. Hours are 8am-3pm or until dumpsters are full on Saturdays and 8am-7pm or until dumpsters are full Monday-Friday. Dumpsters will be at the Public Works Department, 330
Rate hikes by the U.S. Federal Reserve have compelled companies like Schwab to increase the interest they pay on deposits - a crucial source of capital that is used to invest in interest-earning assets and give out loans. Schwab has also taken on debt to bolster its funding, which hit interest revenue further. The interest rate on its borrowings from the Federal Home Loan Bank was 5.27%, compared with 5.05% a year ago.
A fire at Central Pier on the Atlantic City boardwalk was burning Thursday
The results from the nation's second-largest lender offer the latest example of how even the biggest banks are increasingly challenged by high interest rates.
Citigroup Inc.’s profit topped analysts’ estimates as corporations tapped markets for financing and consumers leaned on credit cards — signs that a prolonged period of elevated interest rates will benefit big banks.
Chris Weidman secures his first win in 4 years at UFC Atlantic City through a controversial decision after multiple eye pokes. The Unpredictable Path to Victory Chris Weidman, the former UFC middleweight champion, secured a win against Bruno Silva in a manner no one anticipated, marking his first victory since August 8, 2020. This is […]
The month starts off with a modern day classic.
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