Trump Taj Mahal Casino Resort will close if its main
union wins a federal appeal aimed at restoring worker benefits, Wall Street
investor Carl Icahn said Friday, a day after the National Labor Relations Board
backed the union.
Gregory Management & Consulting Services Industry Blog.
Saturday, January 31, 2015
Billionaire: Taj Mahal benefit cuts an 'essential sacrifice'
ATLANTIC CITY, N.J. - (AP) -- The battle for the future
of the Trump Taj Mahal casino heated up Friday as the National Labor Relations
Board urged a judge to restore workers' benefits and soon-to-be-owner Carl
Icahn said the cuts are "an essential sacrifice that must be made" to
keep the casino open.
Judge blocks sale of Revel pending appeal
A federal appeals court judge in Philadelphia has blocked
the sale of the former Revel Casino Hotel in Atlantic City until an appeal of
sale terms by nightclub operator IDEA Boardwalk L.L.C. is decided.
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