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Elaine Wynn Ousted From Casino’s Board

Casino operator Wynn Resorts Ltd (WYNN: Quote), Friday said its shareholders ousted Elaine Wynn from the board, reflecting fears that her presence may lead to disharmony with the management.
Elaine Wynn, co-founder and third-largest stockholder of Wyn…

Crude Oil Ends Lower, But Yemen Weighs; Gains 2.5% For Week

U.S. crude oil ended lower on Friday, but was still at a four-month high, even as fighting in Yemen threatens to embroil the entire region with the ongoing civil war seen as a proxy fight between oil powers Iran and Saudi Arabia.
For the week, crude o…

Gold Ends Lower Ahead Of Fed Policy Meet; Sheds 2.4% For Week

Gold futures ended lower on Friday, with investors looking forward to the U.S. Federal Reserve’s monetary policy meet outcome next week, for cues into its interest rate hike plans. The precious metal was also impacted after some upbeat manufactured du…

Amazon Selling One-Tank Getaways

Online retailer Amazon.com Inc. (AMZN: Quote) has launched a new service that helps customers find getaway destinations within driving distance of their homes.
The service, dubbed Amazon Destinations, provides lists of locations near a user’s home for…

Abercrombie: No More Barechested Models

Abercrombie & Fitch said it would stop hiring store employees based on their body type or physical attractiveness, and that its events, including store openings, will no longer have the presence of shirtless models.
The move is part of personnel p…

Jeni’s Ice Cream The Latest Recall In Listeria Scare

Jeni’s Splendid Ice Creams revealed a voluntary recall of all its products and closing its scoop shops, citing the possible presence of Listeria monocytogenes.
The Columbus, Ohio-based company said the ice creams, frozen yogurts, sorbets, and ice crea…

IPO Watch: Silicon Valley’s Apigee Makes Market Debut

Shares of App development software maker Apigee Corp. (APIC: Quote) are surging in their trading debut on the Nasdaq Global Select Market Friday following the company’s initial public offering.
The San Jose, California-based company priced priced its …

Altera Q1 Results Miss Estimates; Sees Q2 Revenue Below View

Shares of programmable chip maker Altera Corp. (ALTR: Quote) declined almost 3 percent in extended trades Thursday after the company’s profit for the first quarter declined from last year and results missed analysts’ expectations. The company also gav…