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LVCVA board to vote on retirement payout for CEO Rossi Ralenkotter

The Las Vegas Convention and Visitors Authority Board on Tuesday will consider a lucrative retirement package and 18-month consulting contract for CEO Rossi Ralenkotter after being informed that police so far have not found any evidence of wrongdoing by him in their criminal investigation of the agency.

 
Crocs to close its remaining manufacturing plants

Colorado-based casual footwear company Crocs Inc., is closing company-owned manufacturing plants in Italy and Mexico by the end of the year and replacing its chief financial officer.

J.C. Penney to open 500 baby shops

J.C. Penney is expanding the baby products it sells at stores beyond clothing as the department store joins the many other chains trying to claim some of the Babies R Us sales up for grabs.

Tribune backs out of $3.9B buyout by Sinclair Broadcast

Tribune withdrew from its $3.9 billion buyout by Sinclair, ending a bid to create a massive media juggernaut that could have rivaled the reach of Fox News.

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