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    • Last call at Atlantic City's Revel: a few bettors, $5 bottles, state cops
      By Daniel Kelley ATLANTIC CITY N.J. (Reuters) - Shortly before sunrise on Tuesday, Morgan Capezzera reclined on the roulette table at the Revel Casino in her bikini and snapped a selfie before the Atlantic City gambling hall shut its doors for good. "I love Revel," said Capezzera, 30, of Toms River, New Jersey, who spent most of the day at the casi […]
    • Eater Tastings: Tavernita Shutters Amidst Tax Debt; RPM Steak Debuts; More
      This week's top dish from Eater Chicago, Curbed's restaurant, bar, and nightlife blog... RIVER NORTH—Mercadito's Spanish drinking and eating hotspot Tavernita shuttered yesterday amidst a revoked liquor license and $75,000 in state tax debt. Their casual Mercadito Counter opened this...
    • Detroit says Barclays agrees to $275 million financing
      (Reuters) - Barclays Capital Inc has agreed to raise up to $275 million to fund Detroit's exit from municipal bankruptcy, the city announced on Thursday. The funding will involve financial recovery bonds issued through the Michigan Finance Authority then purchased by Barclays at a price equal to par, according to deal's term sheet. Barclays will be […]
    • Japan Abe aide Hamada: Could do next sales tax hike in stages
      Japan could soften the impact of a planned sales tax increase by raising it in stages rather than IN a single hike, an outside adviser to Prime Minister Shinzo Abe said on Wednesday. Koichi Hamada, professor emeritus of economics at Yale University, also told Reuters that Abe should focus on structural reforms and slash corporate taxes deeper than currently […]
    • Insurers pay more tax on executive compensation under Obamacare: study
      When Washington eliminated corporate tax deductions on health insurance executive compensation above $500,000 under President Barack Obama's healthcare reform law in 2013, it generated more than $72 million in additional tax revenue for the U.S. The report from the Institute for Policy Studies examined executive compensation in the 2013 proxy filings fr […]