Jim Murren, chairman and CEO of MGM Resorts International, explains the strategic steps that helped the company survive and restructure over the past decade. These include creating one company with a single culture, integrating a sense of social responsibility into the business model, and making MGM an entertainment and tourist destination, not just a casino operator.
Experts offer advice for building a quality workforce in rural areas, where recruiting financial advisors can be challenging. Tips include offering a salary or perks and creating a good corporate culture.
Signing a shorter-term lease with renewal options and negotiating a tenant improvement allowance can help you get a better deal on your lease, writes Richard Harroch. Also, consider subletting from other companies, he advises.
Backing off from his previous stance that the new funding bill contain provisions for the proposed border wall, President Donald Trump said he would be willing to be flexible on the timeline for the wall funding. However, Trump made it clear that he still intends to build the wall, and that the compromise on the funding deadline is merely an effort to avert a government shutdown.
The White House announced it will hold a Senate briefing Wednesday to discuss North Korea's increasing nuclear threats. All 100 senators were invited to attend the briefing, which will be led by Secretary of State Rex Tillerson, Secretary of Defense Jim Mattis, Director of National Intelligence Dan Coats and Gen. Joseph Dunford, chairman of the Joint Chiefs of Staff.
If the White House opts to deny funding for health insurers' Affordable Care Act payments, government costs could increase $2.3 billion by 2018, according to a study from the Kaiser Family Foundation. The report found that the government could save $10 billion if it revoked ACA payments, but health care insurers would have to increase their premiums by 20%, which would cause the government to pay $12.3 billion in tax credits to help Americans cover their premiums.
In a Twitter message Sunday, former President Bill Clinton reported that the Clinton Presidential Center had been "bugged," and he attached a photo of himself standing next to the newly installed statue of a grasshopper outside the center. The statue is part of the center's temporary Earth Day exhibit, "Xtreme Bugs," which highlights the role bugs play in the environment.
Leaders need to be prepared to act and defend the values of their company, writes Alaina Love, who shares a story of when she had to present allegations of sexual harassment to a division president. The company had set public values of respect and accountability, which Love leveraged to persuade the president to act rather than dismiss or hide the allegations.
MetLife has requested that the US Court of Appeals for the District of Columbia Circuit delay its ruling on the government's appeal on the insurer's designation as a systemically important financial institution. President Donald Trump has ordered a review of the Financial Stability Oversight Council's designation process, and that could have bearing on the government's position on the case, MetLife says.
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