Saturday, January 31, 2015

Icahn, union spar in Taj fight flare-ups



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.

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.