Steve Wynn on Surviving Vegas Downturn
Airtime: Fri. May 28 2010 | 1:02 AM ET
Steve Wynn discusses why he built the new Encore Beach Club, and how he has survived the Vegas downturn in ways competitors have not.
Airtime: Fri. May 28 2010 | 1:02 AM ET
Steve Wynn discusses why he built the new Encore Beach Club, and how he has survived the Vegas downturn in ways competitors have not.
Van Anantha Nageswaran, chief investment officer, Bank Julius Baer, believes the probability of a double-dip is higher in 2011 than 2010. He tells CNBC’s Oriel Morrison & Bernard Lo that there are various headwinds ahead for the global economy.
Art Cashin, head of floor operations at UBS, has the buzz from the NYSE.
Charts: Beware of Euro Dips vs Dollar. The euro is likely to continue its rise against the dollar in the long term, but investors should watch out for setbacks in the near term, Royce Tostrams, technical analyst at Tostrams Groep, told CNBC Friday.
According to Bain & Co, China has swept past the US as the world’s #2 luxury market, and it’s expected to grow 15% in 2010. Shaun Rein, managing director of China Market Research Group, speaks to CNBC’s Chloe Cho about luxury brands big push into China.
US tech bellwether Intel reported a near quadrupling of profit in the first quarter. It also raised its full-year margins outlook. “We’re delighted with the performance, to see a record Q1 on the back of a tough 2009,” Graham Palmer, UK MD at Intel, said Wednesday. “From a European perspective, we exceeded our expectations.”
Google to provide AOL improved advertising format, with Tim Armstrong, AOL chairman & CEO.