Trump Plaza Casion Owners Expect It To Close
Trump Plaza Casion Owners Expect It To Close
Release Of Fed Minutes Boosts Global Economy
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Atlantic City's crumbling casino market disintegrated even further Saturday as the owners of the Trump Plaza casino in Atlantic City said they expect to shut down in mid-September. Trump Entertainment Resorts told The Associated Press that no final decision has been made on the Boardwalk casino. But the company said it expects the casino to close its doors Sept. 16. Notices warning employees of the expected closing will go out to the casino's 1,000-plus employees Monday. If Trump Plaza closes, Atlantic City could lose a third of its casinos and a quarter of its casino workforce in less than nine months.
Asian shares rose on Friday, taking their cue from a jump in oil prices as well as gains on Wall Street after minutes of the Federal Reserve's latest meeting led investors to further pare bets that the central bank will hike interest rates this year. The Fed minutes revealed the extent to which policymakers are concerned that a global economic slowdown might threaten the U.S. economic outlook. Though they said overseas turmoil had not "materially altered" economic prospects, they opted to hold interest rates steady last month.
A witness in the trial of an eccentric former Virginia political candidate charged with murdering three people over an 11-year span identified him on Thursday as the gunman who shot the last of the victims. On the opening day of testimony, witness Janet Franko named the suspect, Charles Severance, 55, as the man who shot music teacher Ruthanne Lodato last year. The three seemingly random killings in the Washington suburb of Alexandria fed fears that a serial killer was loose in the U.S. capital area.
Walter Scott was unarmed and maybe 15 yards away, just beyond an old tree, when the first dry popping sound rang out. Officer Michael Slager, standing calmly on the path, let off at least seven shots. One round pierced Scott’s back and traveled through his heart, likely killing him instantly. Slager has been indicted on murder charges and is being held without bail in protective custody. The trial is months away. However, city officials have reached an out-of-court settlement with the Scott family and agreed to pay a reported $6.5 million.
Officials in Beijing have expressed concern after the United States signalled it was poised to up the ante in the South China Sea by sending warships through waters claimed by China. Citing a senior US official, the Financial Times reported on Thursday that American navy vessels are preparing to sail through a 12-nautical mile zone around the disputed Spratly islands that China claims as its own territory. The newspaper added those manoeuvres are expected to begin over the next two weeks. Hua Chunying, a Chinese foreign ministry spokesperson, said: “We hope the United States can look upon the current situation of the South China Sea from an objective and fair perspective and play a constructive role together with China in keeping the peace and stability in the South China Sea.”
Selena Gomez credits her good friend Taylor Swift for “pulling me out of my shell.” thanks to the pop star’s strong focus on female empowerment. In a new interview with Billboard magazine, Selena says she’s slowly but surely letting herself be more free, and it’s largely thanks to Taylor and their close-knit group of female friends. She says, “Taylor makes me feel empowered, like I can trust new people... The way she cares about women is so adamant. It’s pulling me out of my shell.”
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