Financial Focus for May 1, 2020





Video Credit: KTNV Channel 13 Las Vegas – Duration: 01:08s – Published

Financial Focus for May 1, 2020

Financial Focus for May 1, 2020

N today’s Financial Focus, we have a check of the stock market and the stocks with ties to Las Vegas.

Financial Focus for May 1, 2020

NASDAQ DOWN 284, SP500 DOWN 81,AND GAMING…BOYD DOWN MORE THAN TWOPERCENT, CAESARS DOWN THREEPERCENT, MGM DOWN MORETHANTEN PERCENT.LAS VEGAS SANDS AND WYNN DOWNFIVE PERCENT, RED ROCK RESORTSDOWN TEN PERCENT,RED ROCK RESORTS DOWN TENPERCENT,THE NEVADA DEPARTMENT OFTRANSPORTATION JUST GOT…..A NEARLY – 22- MILLION DOLLARGRANT….FROM THE FEDERAL GOVERNMENT….FOR ITS “COVID-19 RESPONSE”.IT’S MONEY FROM….THE ‘CARES’ ACT…AND….WILL BE USED…TO MAINTAIN….TRANSIT SERVICES.RIDESHARE COMPANY “LYFT ” SAYSIT PLANS TO LAYOFF NEARLY ONETHOUSAND STAFFERS AND FURLOUGHALMOST THREE HUNDRED MORE.IN ADDITION…LYFT IS REDUCING SALARIES FOREMPLOYEES INCLUDING A 30PERCENT CUT FOR EXECUTIVELEADERSHIP AND 20 PERCENT FORVICE PRESIDENTS.PEOPLE AREN’T USING ITSSERVICES AS MUCH DURING THEPANDEMIC…TONIGHT’S FINANCIAL FOCUS ISBROUGHT TO YOU BY “CLARK COUNTYCREDIT UNION”..NEXT ON 13 ACTION NEWS LI

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