IN BRIEF

Crystals will get top-name retailers

Forget high-end. Call it "ultra high-end."

MGM Mirage on Monday announced the names of several retailers that will make up Crystals, the 500,000-square-foot retail, entertainment and dining facility inside the $8.5 billion CityCenter development.

Crystals is scheduled to open Dec. 3.

Luxury retailers will include Prada, Christian Dior, Bulgari, Carolina Herrera, Hermes, Roberto Cavalli, Cartier, Van Cleef & Arpels and Versace. Previously announced retailers include Louis Vuitton, Tiffany & Co. and Ermenegildo Zegna.

Unique-to-the-market retailers opening their first locations in Las Vegas include Tom Ford, Assouline, Kiton, Miu Miu, Paul Smith and Porsche Design, along with the previously announced H. Stern, de Grisogono, Marni, Boutique Tourbillon and Mikimoto.

Restaurants opening their first Las Vegas locations at Crystals include Eva Longoria Parker's Beso and Mastro's Ocean Club Seafood House. These restaurants will join a new pub concept by Todd English and two previously announced new restaurants by Wolfgang Puck.

Doughnut operator files for bankruptcy

An operator of 56 Dunkin' Donuts locations including some in Nevada filed for bankruptcy on Monday, the latest in a growing list of franchise operators to seek court protection due to a steep drop-off in sales, Reuters reported.

Kainos Partners Holding Company LLC of Greer, S.C., operates the donut-and-coffee franchises in New York, South Carolina and Nevada, with eight more under construction, according to court documents, the news agency said. It employs 700.

The company said the recession has put its customers under extreme financial stress while food costs have risen, Reuters reported.

WASHINGTON

Interest rates fall in Treasury auction

Interest rates on short-term Treasury bills fell in Monday's auction. The rate on six-month bills dropped to the lowest level since late December, while three-month bills also dipped.

The Treasury Department auctioned $31 billion in six-month bills at a discount rate of 0.285 percent, down from 0.350 percent last week. Another $32 billion in three-month bills was auctioned at a discount rate of 0.190 percent, down from 0.195 percent last week.

The six-month rate was at its lowest level since it averaged 0.250 on Dec. 29. The three-month rate was at its lowest since those bills averaged 0.160 on June 15.

NEW YORK

Trading prices mixed; investors seek safety

Treasury prices traded mixed Monday as investors worried about how fast the economy might recover and looked for safety.

Short-term Treasuries rose but investors held off buying longer-term debt ahead of government auctions this week for 10- and 30-year Treasurys.

In late trading, the benchmark 10-year Treasury note slipped 0.18 points to 96.78, pushing its yield up to 3.51 percent from 3.50 percent late Thursday. Markets were closed Friday for Independence Day.

The 30-year bond's yield rose to 4.36 percent from 4.33 percent. Its price fell 0.75 points to 98.15.

The demand for safety came as oil slid to a five-month low on worries that the economy will take longer to recover than expected.