Word: rogerses
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Maybe it makes perfect sense that Steve Wynn would turn into the Mister Rogers of Las Vegas. Sitting in his new hotel in a red V-neck sweater and gray wool pants, Wynn, 63--famous for yelling at employees, taking up steer roping and accidentally shooting off his index finger...
Wynn believes the best Vegas hotel will cater to what people really crave: calmness. He figures that now that he has helped defang gambling and strippers to the point where they're in every town and on many websites, the real luxury is doing swankier versions of those things in...
Correct. "Oil prices have moved to a higher level, and they're going to stay there," says Wyss. Expect crude to remain around $50 a barrel, while gasoline could reach $5 a gallon within the next few years. There will always be blips in both directions. A hard landing for...
Not quite. Oilman T. Boone Pickens has long made a similar case, and President Bush addressed those concerns by suggesting last week that refineries could be built on decommissioned military bases. But refinery capacity is not the major driver of higher gas prices. "The greater shortage is in the oil...
Yes, but it isn't necessarily in oil. Rogers says he isn't buying oil right now. But he is watching certain regional economies very closely. "A lot of places in the U.S. are going to boom," he says, because they are rich in oil or other natural resources. As...