Can the man who restructured Krispy Kreme and Enron save Leo the Lion? The initial reaction of key Hollywood players to Tuesday’s management shakeup at MGM was one of skepticism. “Now it’s really ...
MGM’s moves on Tuesday may please investors who’d fretted about Leo’s $3.7 billion in debt. But the shakeup does little to enhance the Lion’s reputation as a place to make movies. To appease its debt ...
The Las Vegas-based hotel and casino operator bottom line was hit by a $256 million noncash goodwill impairment charge tied to withdrawing an application for a New York casino.