Former Boyd chief appointed dean of UNLV hotel program
Former Boyd chief appointed dean of UNLV hotel program
Former Boyd Gaming Corp. President Don Snyder has been appointed interim dean of UNLV's William F. Harrah College of Hotel Administration.
UNLV President Neal Smatresk made the announcement Thursday night. The appointment is effective July 1. Snyder fills the post occupied by Stuart Mann, who is retiring June 30 after 12 years as dean.
Snyder was president of Boyd Gaming from 1997 to 2005 and was chief operating officer for the Fremont Street Experience until August 2006. From 1987 to 1991, Snyder was chairman of the board and chief executive officer of First Interstate Bank of Nevada.
"As we were looking for an interim dean, it became clear that fundraising, proven administrative ability, hospitality and gaming industry expertise, and university experience were of paramount importance," Smatresk said.
NEW YORK
Economic recovery, demand for smartphones fuel cell sales
The number of cell phones sold worldwide rose 22 percent in the first quarter compared with a year earlier, as both the economic recovery and an appetite for smartphones drove a rebound in sales, according to research firm IDC.
Research in Motion Ltd., the Canadian maker of the BlackBerry smartphones, broke into the top five of the world's largest phone makers for the first time.
Manufacturers shipped 295 million phones in the quarter, IDC said. The report is based on publicly reported figures from the major phone manufacturers.
Nokia Corp. kept its place as the world's largest maker of phones, followed by Samsung Electronics Co. and LG Electronics Inc.
NEW YORK
Soaring oil prices help push Chevron Corp. profits higher
Chevron Corp. says its first-quarter profit more than doubled as oil prices soared over the past year.
The San Ramon, Calif., oil company reported income of $4.55 billion, or $2.27 per share, for the first three months of the year. That compares with $1.84 billion, or 92 cents per share, in the same part of 2009.
Revenue rose 33 percent to $48.18 billion.
Analysts had expected earnings of $1.94 per share on revenue of $53.25 billion.
WASHINGTON
China remains largest foreign holder of U.S. government debt
The government's latest accounting of holdings of Treasury securities shows China still in first place as the largest foreign holder of U.S. government debt.
The Treasury Department said Friday that China's holdings at the end of December stood at $894.8 billion, exactly the same amount it reported in a preliminary benchmark revision of the data in February.
That revision returned China to first place, a spot it appeared to have lost to Japan before the data was revised. Japan's holdings in the latest update stood at $765.7 billion in December, $3.1 billion lower than the $768.8 billion reported in February.
On Feb. 16, the government had reported data that showed China had been surpassed by Japan in terms of the size of its Treasury holdings.
Gambler's Book Club moving to South Eastern Avenue
Las Vegas institution Gambler's Book Club is moving for the second time within a year.
The book shop with literature about all areas related to the casino industry is moving to 5473 S. Eastern Ave. just north of Russell Road, the store announced Friday.
The store, which carries 3,000 titles, will open Monday and keep its current weekly hours of 9 a.m. until 5 p.m.
The store is closed on weekends.
