Las Vegas opens long delayed monorail to the Strip
After months of delays a $650 million Las Vegas monorail began operating last week linking casino hotels along a 3.9 mile Z shaped track. The line aims to attract up to 20 million yearly riders at $3 one way and $5.50 roundtrip with future extensions to downtown and the airport under consideration.
MENTIONED IN THIS ARTICLE
Las Vegas
Monorail
Convention Center
Steve Wynn
K.C. Dehning
Warsaw
Ind
Anheuser Busch nears Harbin takeover in China beer bid
Anheuser Busch said it now controls 99.66 percent of Harbin Brewery Group shares and will delist Harbin from Hong Kong’s exchange. It offered 72 cents per share, topping SABMiller at 55 cents. Harbin, based in Harbin city, makes Hapi beer.
MENTIONED IN THIS ARTICLE
Hong Kong
Anheuser-Busch Cos. Inc
Harbin Brewery Group Ltd
St. Louis
Harbin
Sabmiller PLC
Anheuser-Busch
Caterpillar unit to buy MG Rover parts business
Caterpillar Logistics Services Ltd announced a $185.1 million purchase of MG Rover parts unit. The Desford based operation will keep 390 employees, with transfers offered, and Phoenix Venture Holdings retaining an option to buy back in four to five years.
MENTIONED IN THIS ARTICLE
Caterpillar
MG Rover
New York
Dow Jones/ AP
Caterpillar Logistics Services Ltd
Car Logistics
Caterpillar Inc
Desford
Leicestershire
England
Great Britain
Phoenix Venture Holdings Ltd
Phoenix Venture
Cat Logistics
De Beers pleads guilty to price fixing in diamonds
De Beers pleads guilty to a decade-old price-fixing case and agrees to pay a 10 million dollar fine. The company admits conspiring to fix prices in the 500 million dollar industrial diamond market used for cutting and polishing tools. De Beers had sold in the United States only through intermediaries since World War II.
MENTIONED IN THIS ARTICLE
Columbus, Ohio
de Beers
U.S
United States
General Electric Co
Lynette Holt
London
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Cocoa Beach, Fla
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Monorail Society
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Ilinois
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Home Accent
Larue
James Thompson
Gallias
Alan On
Sele
Hobby Lobby
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Sters
Cma E
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