Boyd Gaming Corp. engages in the management and operation of gaming and entertainment properties. It operates through the following segments: Las Vegas Locals, Downtown Las Vegas; and Midwest and South. The Las Vegas Locals segment consists of casinons that serve the resident population of the Las Vegas metropolitan area. The Downtown Las Vegas segment comprises of the following casinos: California Hotel and Casino, Fremont Hotel and Casino, and Main Street Station Casino, Brewery and Hotel. The Midwest &and South segment operates land-based casinos, dockside riverboat casinos, racinos, and barge-based casinos in the Midwest and southern United States. Its portfolio includes hotels, casino, breweries, resorts, and spa. The company was founded by William Samuel Boyd and Sam Boyd on January 1, 1975 and is headquartered in Las Vegas, NV.
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ubs targets wealthy women in australia with wealth management return
UBS is re-entering the wealth management sector in Australia, focusing on the increasing number of affluent women and family offices, as part of its Asia-Pacific expansion strategy. Meanwhile, Australia faces a significant shakeup in the gas-guzzler market with the introduction of new hybrid models, and the budget deficit is projected to exceed previous forecasts, reaching A$33.5 billion by mid-2025. Additionally, New Zealand's central bank is expected to cut interest rates again, reflecting aggressive monetary policy shifts in the region.
impact of proposed tariffs on us electric vehicle and cleantech industries
President-elect Trump's proposed tariffs of 60% to 100% on Chinese goods, including batteries, threaten to significantly increase costs for U.S. cleantech projects, potentially adding billions to consumer prices and slowing the clean energy transition. While tariffs may encourage domestic manufacturing, they could also lead to higher inflation and retaliatory measures from other nations, complicating the economic landscape. The U.S. already imports a substantial amount of lithium-ion batteries from China, and these tariffs would drastically raise expenses, impacting the affordability of electric vehicles and renewable energy systems.
avigating bureaucracy and innovation in the global energy transition
Bureaucracy hampers the installation of EV chargers in residential buildings, echoing broader consumer resistance to clean energy technologies. While China leads in EV adoption and renewable energy advancements, Europe struggles with policy and investment challenges, emphasizing the need for collective action and innovative solutions to achieve climate goals.
flawed transit study raises concerns over hydrogen bus implementation in brampton
Michael Raynor discusses the complexities of strategy in uncertain environments, particularly in the context of a flawed Canadian study recommending hydrogen buses alongside battery-electric ones. He highlights significant discrepancies in cost projections and the longevity of fuel cells versus batteries, suggesting that the assumptions made in the study could lead to a $100 million miscalculation favoring battery electric buses. Raynor emphasizes the importance of realistic data and the need for better scenario modeling in transit planning.
Chinese electric vehicle market surges as global competition intensifies
Chinese electric vehicle sales surged, with 53% of new auto sales being plug-in vehicles in October, led by BYD. Solid-state battery advancements were highlighted, including new factories from Chery and Honda. Tesla expanded into the Philippines, while Hyundai unveiled the IONIQ 9, expected to be a hit in the US market.
China's plugin vehicle sales soar to 53 percent market share in October
Plugin vehicles in China achieved a record 53% market share in October, with over 1.19 million sales, marking a 57% year-over-year increase. BYD dominated the market, securing eight of the top ten spots, led by the BYD Song, while Tesla's Model Y ranked sixth. The overall market is projected to approach 50% electrification by year-end, with significant growth in both BEVs and PHEVs.
vidia earnings impact markets as investors weigh growth expectations
U.S. markets rose after Nvidia's impressive earnings report, with the S&P 500 up 0.53% and the Dow Jones climbing 1.06%. Despite Nvidia's revenue nearly doubling, its shares only increased 0.5% due to concerns over slowing growth and conservative sales projections. In contrast, Snowflake's stock surged 32.7% after a 28% revenue increase, highlighting how market expectations can significantly influence share movements.
foreign automakers face challenges in adapting to chinas electric vehicle market
Foreign automakers are struggling to maintain their market share in China's rapidly evolving electric vehicle sector, with many facing declining revenues and increased competition from domestic brands like BYD and Geely. Analysts suggest that partnerships with local companies are essential for survival, as traditional fossil fuel-based manufacturers adapt to a market where new energy vehicles dominate. Despite the challenges, foreign firms are investing in joint ventures and advanced technologies to remain competitive, though the landscape remains fiercely competitive.
Chinese electric car makers outpace US competitors in global market expansion
Chinese electric vehicle manufacturers are rapidly outpacing their U.S. counterparts, with BYD leading in plugin vehicle sales and companies like NIO, XPENG, and Xiaomi making significant strides in global markets. Meanwhile, traditional U.S. automakers like Ford and GM are noticeably absent from the competitive landscape, as Tesla's future relies heavily on uncertain AI and robotaxi developments. The gap between Chinese and U.S. EV progress is expected to widen further in the coming years.
winnipeg's transit decisions threaten future of local bus manufacturer new flyer
Winnipeg's reliance on New Flyer, North America's largest bus manufacturer, is jeopardizing the company's future as it shifts focus to hydrogen fuel cell buses, which are more expensive and less reliable than battery-electric alternatives. This strategic misstep, compounded by conflicts of interest within the Canadian Urban Transit Research and Innovation Consortium, is leading to significant financial and operational challenges for both New Flyer and Winnipeg's transit system. As a result, the city risks becoming a captive market for a failing technology, potentially costing taxpayers billions.
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