CEO Tony Rodio said the company is “working on contingency plans should the situation begin to affect business.”
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Bob Iger said it was an “optimal time” for him to step down following Disney’s acquisition of Fox’s entertainment assets and the launch of Disney Plus streaming service in November.
Stocks slumped again on Wall Street Tuesday, piling on losses a day after the market’s biggest drop in two years.
When Malaysia’s Genting Group announced it would not pursue building an integrated resort in Osaka, Japan, it opened the door for MGM Resorts International.