Latest MGM Resorts International News

FILE - In this Friday, March 20, 2020 file photo, customers wait in line at a Stop & Shop supermarket that opened special morning hours to serve people 60-years and older due to coronavirus concerns, in Teaneck, N.J. The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed as it continues to spread across the world. Stop & Shop will hire at least 5,000 new associates for regular part-time positions in its stores, distribution centers and delivery operations across New York, New Jersey, Connecticut, Massachusetts and Rhode Island.  (AP Photo/John Minchillo, File)

Lowe's hiring, McMenu shrinks, top Ford execs to defer pay

Mar. 26, 2020 7:06 PM EDT

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed as it continues to spread across the world. Here is a look at some of the latest developments Thursday related to the global economy, particular economic sectors, and the workplace: JOBS: As the coronavirus continues...

This photo provided by the New York Stock Exchange shows trader Patrick Casey, left, and specialist Peter Mazza as they work on the trading floor on Friday, March 20, 2020. Stocks turned lower Friday after New York became the latest major state to mandate nearly all workers stay home to limit the spread of the new coronavirus. (Nicole Pereira/NYSE via AP)

Dow drops more than 900 points, ending worst week since 2008

Mar. 20, 2020 5:57 PM EDT

Wall Street ended the week the same way it began: in full retreat from the coronavirus. Stocks fell sharply and the price of oil sank Friday as federal and state governments moved to shut down bigger and bigger swaths of the nation’s economy in the hope of limiting the spread of the outbreak. The Dow Jones...

Carnival, MGM Resorts rise; Ford, AT&T, Coca-Cola fall

Mar. 20, 2020 4:47 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday: MGM Resorts International, up $1.41 to $9.11. Travel and tourism shares climbed as Congress worked on a stimulus bill that would include billions of dollars to bail them out. Tiffany & Co., down 56 cents to $125.44. The...

FILE - In this Oct. 11, 2016, file photo, pedestrians pass beneath the Reno arch as traffic passes on Virginia Street in downtown Reno, Nev. All bars, nightclubs, restaurants and gyms will close in Reno by 5 p.m. Friday, March 20, 2020, in an effort to reduce the risk of exposure to coronavirus, Mayor Hillary Schieve announced. Schieve initially included casinos on the closure list late Monday with plans to begin the shutdowns Tuesday morning. But she quickly rescinded that directive and further clarified restaurants can continue carry-out orders and keep drive-through windows open. (AP Photo/Scott Sonner, File)

Nevada governor shutters gambling, dining to halt virus

Mar. 17, 2020 11:35 PM EDT

LAS VEGAS (AP) — Gambling will grind to a halt by Wednesday in casino-mecca Las Vegas, a city known for glitzy and sometimes reckless fun, as the governor of Nevada issued a sweeping statewide order aimed to stop the spread of the new coronavirus. Democrat Steve Sisolak ordered a monthlong freeze on...

A view a street in downtown Milan, Italy, Sunday, March 15, 2020, as most people remained home following the indications of doctors and the government in order to slow down the spread of the new coronavirus. For most people, the new coronavirus causes only mild or moderate symptoms. For some, it can cause more severe illness, especially in older adults and people with existing health problems. (Claudio Furlan/LaPresse via AP)

The Latest: Stock market outdoes itself, but not in good way

Mar. 16, 2020 6:07 PM EDT

The Latest on financial markets (all times local): 4:30 p.m. Biggest drop ever. Worst day since. The stock has heard a lot of that over the past few weeks. The market outdid itself again Monday, though not in a good way. The Dow Jones Industrial Average dropped 2,997 points. That's the index's biggest point drop...

Fiat Chrysler, MGM Resorts fall; Kroger, Clorox rise

Mar. 16, 2020 4:23 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Monday: TechnipFMC Plc., down $1.41 to $5.73. The oilfield engineer postponed its split into two companies because of the slump in energy prices. Carnival Corp., down $3.01 to $14.57. Cruise line operators are suspending operations as...

A costumer waits to enter a supermarket in Caracas, Venezuela, after Venezuelan President Nicolás Maduro today has ordered residents in the capital of Caracas and six states to stay home under a quarantine bid to control the spread of the coronavirus on Sunday, March, 15, 2020. (AP Photo/Ariana Cubillos)

The Latest: Peace Corps evacuating volunteers, suspends ops

Mar. 16, 2020 12:57 AM EDT

The Latest on the coronavirus pandemic, which has infected more than 169,000 people and killed more than 6,500. The COVID-19 illness causes mild or moderate symptoms but most people, but severe symptoms are more common in the elderly or people with other health conditions. Nearly 77,000 people have recovered...

FILE - This June 20, 2019 file photo shows the lobby of the Hard Rock casino in Atlantic City, N.J. On Friday, March 13, 2020, Hard Rock announced it is canceling live entertainment at all its U.S. properties for 30 days in response to the coronavirus outbreak, one of many steps casinos around the country are taking in response to the outbreak. (AP Photo/Wayne Parry)

Some casinos drop buffets, live shows as virus spreads in US

Mar. 13, 2020 6:16 PM EDT

ATLANTIC CITY, N.J. (AP) — A Pennsylvania casino shut down temporarily, some Las Vegas casinos closed their buffets and nightclubs, and the Hard Rock chain canceled live entertainment at all its U.S. properties for at least a month as the nation's casinos grappled with the coronavirus outbreak. The Valley...

Judie Shape, center, who has tested positive for the coronavirus, blows a kiss to her son-in-law, Michael Spencer, left, as Shape's daughter, Lori Spencer, right, looks on, Wednesday, March 11, 2020, as they visit on the phone and look at each other through a window at the Life Care Center in Kirkland, Wash., near Seattle. In-person visits are not allowed at the nursing home.  The vast majority of people recover from the new coronavirus. According to the World  Health Organization, most people recover in about two to six weeks, depending on the severity of the illness. (AP Photo/Ted S. Warren)

Americans snap to attention on virus as big events canceled

Mar. 11, 2020 11:53 PM EDT

A basketball tournament, with no fans. A St. Patrick’s Day, with no parades. College campuses, with no students. Corporate headquarters, with barren cubicles. The nation snapped to attention on Wednesday as the new coronavirus was declared a pandemic, stocks slid into bear market territory and the American...

Passengers from the Grand Princess, a cruise ship carrying multiple people who have tested positive for COVID-19, exit a bus before boarding a chartered plane in Oakland, Calif., Tuesday, March 10, 2020. The passengers on the flight are going to San Antonio to be quarantined at Lackland Air Force Base. (AP Photo/Jeff Chiu)

Coronavirus clusters swell on both sides of the US

Mar. 11, 2020 1:35 AM EDT

Alarming clusters of the coronavirus swelled on both coasts of the U.S. on Tuesday, with more than 70 cases now tied to a biotech conference in Boston and infections turning up at 10 nursing homes in the hard-hit Seattle area. Presidential candidates Bernie Sanders and Joe Biden abruptly canceled rallies because...