Steve Wynn has stepped down as the CEO of Wynn Resorts after allegations of sexual misconduct piled pressure on the billionaire casino mogul and sent the company's stock tumbling.
The owner of the Los Angeles Times is in talks to sell the paper to a local biotech billionaire, the latest twist in a chaotic few months for the nation's largest metro newspaper, sources familiar with the matter told CNNMoney.
To Las Vegas insiders, it was an immediate source of palace intrigue: another damaging headline for Steve Wynn in a newspaper owned by an on-again-off-again rival, fellow billionaire casino magnate, Sheldon Adelson.
A federal appeals court on Tuesday approved a $25 million settlement to resolve lawsuits brought by former students of Trump University who claimed they were defrauded by the now-defunct school.