Word: ans
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Dates: during 2000-2009
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Early this year, the company was in the grip of what Murren calls an "intense, very dire liquidity crisis." MGM Mirage's joint partner on CityCenter, the Dubai World subsidiary Infinity World, had sued MGM Mirage and stopped putting money into the project. Unable to find other sources of capital...
But the question remains whether CityCenter will help spur a rebound in the city - the common wisdom in Las Vegas is that new supply creates demand - or the addition of more than 4,000 new hotel rooms will depress an already oversupplied market. Murren describes it as the "stimulus package...
Parts of the project have had bad luck. The Harmon boutique hotel, a victim of construction defects, won't be finished until the end of 2010. But the opening of Aria is a significant achievement, signifying the end of an era in Vegas. The days of visionary auteurs bringing extravagant...
After years of meetings, signings and photo ops, the U.S. held another ceremony in Vietnam on Dec. 16 to sign yet another memorandum of understanding as part of the continuing effort to manage Agent Orange's dark legacy. Yet there are grumblings that little - if anything - has been done to...
"There is still risk to people living in those areas," says Thomas Boivin, president of the Vancouver-based Hatfield Consultants, an environmental firm that has been identifying and measuring Agent Orange contamination in Vietnam since 1994. The good news is that Hatfield's studies indicate that even though 10% of...