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The six-year war for supremacy in the furniture industry ended Tuesday with a $1 billion deal that merges Las Vegas’ massive World Market Center with two archrivals in High Point, N.C.
Bostered by improving convention traffic, the Las Vegas Monorail posted slightly improved ridership and fare revenue numbers during the first quarter.
In an unusual twist on executive compensation, a part of The Cosmopolitan of Las Vegas CEO John Unwin’s pay “is designed to reward the successful sale and disposition (of the hotel) in the time frame desired by the board,” company documents filed with the Securities and Exchange Commission reveal.