IN BRIEF
Las Vegas Sands cuts staff by 194 workers
The Las Vegas Sands Corp. has terminated 194 workers or about 2.4 percent of its work force in Las Vegas this week due to the economy, the company said Wednesday.
The cuts come from various departments and include management and front-line employees.
The company now employs approximately 8,000 workers locally in its corporate offices and at The Venetian and Palazzo.
The cuts are the latest cost-reduction moves by Las Vegas Sands. The company laid off 216 Las Vegas employees in December and 283 in March.
Lawsuit filed against Forum Shops on Strip
A federal agency has filed a lawsuit against shopping mall owner Simon Property Group Inc., accusing it of discriminating against Hispanic employees at its Forum Shops at Caesars on the Strip.
The Equal Employment Opportunity Commission filed the civil rights lawsuit Tuesday in U.S. District Court in Las Vegas. The lawsuit claims the Indianapolis-based company subjected at least four men to a "hostile work environment based on their national origin."
A Simon Property Group spokesman did not immediately return a call seeking comment on Wednesday.
The lawsuit says the Hispanic workers were subjected to physical intimidation and derogatory racial slurs.
NEW YORK
Treasury prices drop, sending yields higher
Treasury prices fell Wednesday as investors' appetite for risk increased.
The benchmark 10-year Treasury note's yield rose to 3.54 percent from 3.52 percent. Its price fell 0.03 points to 96.53.
The 30-year bond's yield rose to 4.35 percent from 4.31 percent. Its price fell 0.03 points to 98.63.
