Wynn Resorts posts Q1 loss on legal settlement charge
Wynn Resorts reported a first-quarter loss on Tuesday, its bottom line weighed by a nearly US$465 million charge link to a legal settlement.
Wynn Resorts reported a first-quarter loss on Tuesday, its bottom line weighed by a nearly US$465 million charge link to a legal settlement.
Toys 'R' Us will set aside about US$156 million to pay vendors for toys and merchandise shipped after the U.S. retailer's Chapter 11 bankruptcy filing last September, a lawyer for the company said on Tuesday.
Scotiabank's 1832 Asset Management LP will pay a fine after improper lavish spending on promotional activities for financial advisers.
BP Chief Executive Bob Dudley on Tuesday urged Cambridge University not to yield to pressure from hundreds of students and academics to cut its investments in fossil fuels and pointed to BP's donations to the university.
U.S. regulators fined Altaba Inc, the company formerly known as Yahoo! Inc, US$35 million on Tuesday to settle charges that kept its massive 2014 cyber security breach a secret from investors for more than two years.
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