If you've been hoarding casino chips for The Mirage in Las Vegas, time is ticking to cash them in.
Why it matters: The property will be demolished to make way for a new guitar-shaped structure: the Hard Rock Hotel & Casino and Guitar Hotel Las Vegas.
State of play: Sunday is the last night to stay at The Mirage, while gambling there will end in a week, the Las Vegas Review-Journal reports.
Mirage casino chips can be cashed in for another 120 days at the nearby Treasure Island casino.
The intrigue: The iconic volcano attraction located outside the casino will also be demolished.
But there "is something in store" before it goes away, the Review-Journal reported. "Exactly what will be a surprise."
CNN CEO Mark Thompson told staffers in a detailed memo Wednesday that he plans to restructure the outlets' newsgathering operations to take advantage of its global footprint and become more digitally focused.
Why it matters: It's part of a broader set of efforts led by Thompson to help modernize CNN's business for the digital era. As part of the changes, roughly 100 people out of CNN's 3,500-person global workforce will be laid off.
Amazon Web Services announced updates across several of its AI products on Wednesday as it aims to outpace competitors.
Why it matters: AWS' lead in cloud has been narrowing, and the company is betting that speedy development of AI products will make its cloud services more attractive to customers.
The Biden administration will give the most full-throated defense yet of its tariffs on Chinese imports in a speech Wednesday afternoon by a top Treasury Department official.
Why it matters: Biden-era tariffs were intended to head off what officials see as a threat to the global economy: China producing more clean-energy goods than the world can absorb, distorting global prices.
Max Polyakov is co-founder of Firefly Aerospace, a Texas-based rocket maker valued last year at $1.8 billion.
Why it matters: He also was forced to dump his shares in the company, after investing around $200 million, by a U.S. government that now seems to be admitting a mistake.
Fewer older people are working now than before the pandemic.
Why it matters: This is basically good news — older Americans experienced a surge in wealth over the past few years, and more appear to be choosing to enjoy their remaining time on earth free of the work grind. Some also were pushed into retirement by COVID and decided to stay there.
