Las Vegas moves to punish pedestrians who stop on Strip to take photos

[ad_1] Standing or stopping is now banned on pedestrian bridges on the Las Vegas Strip where visitors often pause to take photos amid the glittery casino lights or to watch street performers. Violators of the ordinance that took effect Tuesday could face up to six months in jail or a $1,000 fine. Clark County commissioners voted unanimously this month […]

Oaktree Capital calls commercial real estate ‘most acute area of risk’ right now

[ad_1] Distressed-debt giant Oaktree Capital sees big opportunities in credit unfolding over the next few years as a wall of debt comes due. Oaktree’s incoming co-chief executives Armen Panossian, head of performing credit, and Bob O’Leary, portfolio manager for global opportunities, see a roughly $13 trillion market that will be ripe for the picking. Within […]