Tag Archives: Business News

MGM Resorts laid off 18,000 former employees

MGM Resorts International said Friday it is sending divorce letters to 18,000 former employees across the United States, making their job cuts permanent for now. MGM’s Empire City remains closed in New York State, as does its MGM Park in Las Vegas. Casinos in Las Vegas, where MGM has an …

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Apple denies Facebook app saying Apple cuts 30%

Apple CEO Tim Cook speaks at Apple’s annual Worldwide Developers Conference in San Jose, California, June 3, 2019. Mason Trinca | Reuters Apple has rejected one of Facebook’s new app updates, according to Reuters. The app tried to inform users that Apple collects 30% of in-app purchases from a new …

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Improvement in coronavirus mortgage assistance versions

After improving in July, the number of lenders struggling to make their monthly mortgage payments is essentially flat and now threatens to move higher. As of August 25, there were 3.9 million homeowners in mortgage ratio programs, according to Black Knight, a mortgage and analytics company. This represents 7.4% of …

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