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In Brief

Festival will offer help to job seekers

Call it a sign of the times: For the first time ever, the Taste & Sounds of Soul festival in downtown Las Vegas will offer attendees some job-hunting help.

The seventh annual Taste & Sounds of Soul will include a Job & Resource Fair on Friday at the Fremont Street Experience. The free job fair will run from 1 to 6 p.m.

Businesses and agencies planning to attend include CityCenter, Clark County, the Las Vegas Redevelopment Agency, the Las Vegas Police Department, Nevada JobConnect and Priority Staffing USA.

Las Vegas City Councilman Ricki Barlow and the city’s redevelopment agency are sponsoring the job fair.

Call Barlow at 467-8885 or Kimberly Bailey Tureaud at 254-7154 for details.

ATLANTIC CITY

Former poker room supervisor sentenced

A former poker room supervisor for the Borgata was sentenced Friday to nine months in jail for his role in a multimillion-dollar sports betting ring that operated out of the Atlantic City casino.

Joseph Wishnick, a 44-year-old Brigantine resident, ignored exchanges of cash and casino chips made by the ring to avoid filing financial reports that are required whenever a transaction exceeds $10,000 or appears suspicious.

Some losers were forced to accept loans to cover their losses at an annual interest rate exceeding 50 percent, in violation of New Jersey’s loan-sharking law.

Also sentenced Friday was 40-year-old Robert Mackie of Staten Island, N.Y., who was fined $3,000 and placed on two years probation for taking bets for the ring.

General Growth keeps talking with lenders

General Growth Properties Inc., the U.S. shopping mall owner with $900 million in loans that came due Friday, remains in talks with its lenders, a spokesman said.

“We continue to talk to all of our lenders, and as soon as we have something to announce we will do so,” Tim Goebel, a spokesman for the Chicago-based company, said.

General Growth had extended until Friday payment of a $650 million loan on the Fashion Show mall and a $250 million loan on Shoppes at Palazzo, both in Las Vegas. The loans originally were due in November, and both properties have been up for sale since October. General Growth has said it may have to file for bankruptcy protection if it can’t refinance debt.

NEW YORK

Treasurys dip ahead of holiday weekend

Treasurys fell Friday ahead of the three-day weekend, as investors anticipated more news from Washington next week on how officials intend to stoke the economy.

The benchmark 10-year Treasury note fell 0.91 points to 98.75, and its yield rose to 2.88 percent from 2.72 percent.

In afternoon trading, the 30-year bond fell 2.88 to 96.71, and its yield rose to 3.68 percent from 3.52 percent late Thursday.

 

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