financial – Audilous

Dream Las Vegas Hotel Casino Faces Abandonment After Financial Troubles and Missed Deadlines

Tuesday, November 4 by Nick Bonsanto

The Dream Las Vegas hotel-casino project, envisioned as a boutique-style resort near the southern edge of the Las Vegas Strip, has become a cautionary tale of stalled development, missed deadlines, and financial setbacks. Project Timeline and Background: The developers, Bill Shopoff (Shopoff Realty Investments) and... Read More.

Spirit Airlines to Furlough Nearly 400 Las Vegas Flight Attendants Amid Ongoing Financial Struggles

Wednesday, October 1 by Nick Bonsanto

Spirit Airlines, the third-largest commercial carrier at Harry Reid International Airport in Las Vegas, has announced plans to furlough 393 Las Vegas-based flight attendants. The company filed a Worker Adjustment and Retraining Notification Act (WARN) notice with the state of Nevada, stating that the... Read More.

Dream Las Vegas Casino Project Faces Ownership Shift Amid Financial Struggles

Wednesday, August 27 by Nick Bonsanto

The stalled Dream Las Vegas casino project, initially set to offer a boutique-style experience near the Las Vegas Strip, has undergone a significant change in ownership. Developer Bill Shopoff transferred the partially built site's ownership to McCarthy Building Companies due to unpaid bills amounting... Read More.

Las Vegas Grand Prix Reaches Settlement with Local Businesses Over Financial Losses

Wednesday, August 13 by Nick Bonsanto

The Las Vegas Grand Prix has reached settlements with three local businesses that claimed financial losses due to the annual race in Southern Nevada. The businesses involved are Battista’s Hole in the Wall restaurant, Stage Door Casino, and Jay’s Market convenience store, all located... Read More.

Sphere Entertainment Co. Sees Financial Turnaround with Las Vegas Venue Success

Tuesday, August 12 by Nick Bonsanto

Sphere Entertainment Co. has reported significant financial improvements, marking a notable shift since the debut of its Las Vegas venue in 2023. The company posted a net income of $151.8 million for the quarter ending June 30, a stark contrast to the $46.6 million... Read More.

CBS Cancels The Late Show With Stephen Colbert Amid Financial Struggles

Friday, July 18 by Nick Bonsanto

CBS is set to cancel "The Late Show With Stephen Colbert" in May, marking the end of a long-standing television staple. This decision comes amid financial challenges in the late-night sector, despite Colbert's show maintaining strong ratings and winning accolades like a Peabody Award... Read More.

Resorts World Las Vegas Faces Financial Struggles Amid Declining Revenue and Guest Challenges

Friday, June 6 by Nick Bonsanto

The rocky start for Resorts World Las Vegas in 2025 highlights several challenges the megaresort is facing at the north end of the Strip. The first quarter financial results show a significant decline in both revenue and earnings, with a 22 percent decrease in... Read More.

Clark County School Board Approves $4 Billion Budget Amid Financial Challenges

Tuesday, May 20 by Nick Bonsanto

The Clark County School Board has approved a nearly $4 billion budget for fiscal year 2026. This decision follows a challenging period for the school district's finances, including the dismissal of the former Chief Financial Officer due to budget miscalculations. The current budget allocation... Read More.

Cassie Seeks Court Order to Block Diddys Access to Book and Financial Records Amid Legal Battle

Saturday, April 19 by Stacey Gilmere

Cassie is seeking judicial intervention to prevent Diddy from accessing her unpublished book about their relationship and her financial records. Diddy's legal team has issued a subpoena requiring Cassie to provide any drafts of memoirs, autobiographies, or notes related to their history, along with... Read More.

Since November 2024, Target Corporation has faced several financial challenges

Wednesday, March 19 by Jay

Third Quarter (ending October 31, 2024): Target reported a 0.3% increase in comparable sales, with a 1.9% decline in store sales offset by a 10.8% rise in digital sales. Total revenue grew by 1.1% to $25.7 billion. However, both GAAP and Adjusted earnings per... Read More.

Stories tagged with: financial