Billionaire Packer linked to key Strip parcel

The long dormant site that once housed the New Frontier and was subject of the Strip’s most expensive real estate could become active once again. Bloomberg News Service reported Thursday that Australian billionaire James Packer had acquired a portion of the loan covering the 34.5-acre site and would consider building a hotel-casino on the land.

Dow Jones plummets 300 points in 1 day

The Dow Jones industrial average tumbled more than 300 points Thursday, its worst one-day drop since February. The plunge snapped a string of five straight monthly gains, and pushed the blue-chip index to a slight loss for the year.

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Dow Jones plummets 300 points in 1 day

The Dow Jones industrial average tumbled more than 300 points Thursday, its worst one-day drop since February. The plunge snapped a string of five straight monthly gains, and pushed the blue-chip index to a slight loss for the year.

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