Target will lay off 1,000 corporate employees and close 800 open roles — affecting roughly 8% of its global corporate workforce — the company said Thursday.The layoffs and changes “set the course for ...

Stifel lowered the firm’s price target on MGM Resorts (MGM) to $47 from $50 and keeps a Buy rating on the shares. 2026 consensus “remains too high,” but the firm believes current buyside expectations ...

JPMorgan analyst Daniel Politzer lowered the firm’s price target on MGM Resorts (MGM) to $41 from $43 and keeps a Neutral rating on the shares. The firm adjusted price targets in the gaming space ...

MGM Resorts’ stunning departure from the downstate New York Casino race just two months before a decision announcement has ended plans for what would have been one of the nation’s highest-grossing ...

In a stunning about-face, MGM Resorts announced Tuesday it was pulling its bid to operate a casino in Yonkers. The announcement is particularly surprising because the company had only two weeks ago ...

In a move that stunned local officials, MGM Resorts on Tuesday pulled Empire City Casino in Yonkers from the race for a limited number of casino licenses in New York. The sudden reversal has the ...

Jesse Zanger is the managing editor of CBSNewYork.com. Jesse has previously worked for the Fox News Channel and Spectrum News NY1. He covers regional news around the Tri-State Area, with a particular ...

Oct. 15 (UPI) --MGM withdrew its bid for a casino license just outside New York City, drawing ire from local officials who have called for an investigation and accused the Trump administration of ...

Yonkers Mayor Mike Spano says he was “stunned” after MGM Empire City in Yonkers suddenly withdrew its application for one of three state gaming licenses available in the downstate region on Tuesday.

MGM Resorts International has withdrawn its commercial casino license application in New York, leaving just three bidders left in the process. The company had planned to invest $2.3 billion to ...

MGM withdraws application for downstate NY commercial casino license In a statement, MGM said the “competitive and economic assumption” surrounding their bid shifted, “altering our return expectations ...

MGM Yonkers has withdrawn its application for a commercial casino license in Yonkers only weeks after its expansion plan was approved. A Yonkers committee approved plans for expansion at MGM Empire ...