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Analysts say proposed Landry’s-Caesars merger would boost earnings

The proposed merger of Caesars Entertainment Corp. with Tilman Fertitta’s Landry’s Inc. would boost earnings of the enlarged company through cost-cutting and leveraging loyalty programs, Wall Street analysts said.

US stock market drops again, wiping out most Tuesday gains

U.S. stocks slumped again Thursday as investors continued to sell shares of technology and internet companies, industrials, and companies that rely on consumer spending.