Author: franperez66q@protonmail.com

Tilman Fertitta-owned firm will buy Caesars Entertainment in a $17.6 billion deal, the companies said on Thursday, as the hospitality billionaire seeks to expand his leisure empire.The deal, which will take one of the Las Vegas Strip’s most prized casino operators private, includes about $11.9 billion in assumed debt, the companies said.Shares of the casino operator rose 2.5% in premarket trading and have gained about 16% since the deal was first reported in February.Caesars faces mounting pressure as fewer visitors to Las Vegas — its core market — dent revenue at resorts, hotels and casinos, while its online betting arm…

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The Ebola outbreak in the Democratic Republic of the Congo continues to spread wildly, outpacing the international response efforts sprinting to catch up to the deadly Bundibugyo virus strain. The outbreak was first announced May 15 and is already the third largest recorded. The World Health Organization’s latest numbers as of May 24 are 1,018 cases (906 suspected, 112 confirmed) with 234 deaths (223 suspected, 11 confirmed). But these are known to be a significant undercount of the true spread and are also likely out of date by now. The WHO and other national health agencies are calling for international…

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In a country where big trucks are a big deal, those pickups and SUVs represent a big percentage of auto loans that come with a sizable monthly payment, more than $1,000 a month, according to new data.Experian Automotive’s analysis of more than 5 million open auto loans and leases in the first quarter shows nearly 19% of new vehicle loans include a monthly payment of at least $1,000. That’s up from roughly 17.4% year over year. “The assumption is that it’s all luxury, it’s high-line, and that is not the case,” said Melinda Zabritski, head of automotive financial insights for…

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Oura on Thursday announced its latest smart ring, one that it says is the smallest offered by any company.The Oura Ring 5 will be 40% smaller than Oura’s previous generation ring, the company said. The ring will still have the same level of sensing, tracking and accuracy as the previous generation, it said.”By reimagining Oura Ring 5 to be smaller, easier to wear, and pairing it with our most advanced software yet, we’re making it possible for many more people to wear Oura every day — and to benefit from the personalized, predictive health insights that come with it,” Oura…

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Ferrari launches Luce at event in Rome.FerrariFerrari CEO Benedetto Vigna on Thursday sought to defend the 550,000-euro (roughly $640,000) price tag for the luxury carmaker’s first fully electric vehicle.The Luce was unveiled on Monday and sparked a negative market reaction, with Ferrari’s Milan-listed stock falling 8% on Tuesday.Speaking at a round table in Modena, Italy, on Thursday, Vigna reportedly said the cost of the manufacturer’s new Luce model was a fair price to pay for innovation.He said that media coverage may lead some to conclude the sports car manufacturer would replace traditional engines with an all-electric version, which he stressed…

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Shoppers walk in front of a Kohl’s store in Mount Kisco, New York.Scott Mlyn | CNBCKohl’s stock jumped 10% in premarket trading Thursday after the retailer reported its best comparable sales performance in four years. The retailer said its net sales decreased 1.7% and its comparable sales slid 1.1% in its fiscal first quarter as it aims to turn around its business and regain market share. In the prior quarter, Kohl’s reported that comparable sales dropped 2.8% from the previous year.Here’s how the company performed in its fiscal first quarter compared with what Wall Street was expecting, based on a…

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