Foxwoods fails to make full debt payment AP (November 17, 2009) NEW HAVEN, Conn. (AP) - Foxwoods Resort Casino, one of the world's largest, has failed to make a full payment on its debt, leading to a default and another credit-rating downgrade as casinos around the country struggle amid the severe recession.
Former Wal-Mart CEO joins private equity firm AP (November 10, 2009) NEW YORK (AP) - Lee Scott, former Wal-Mart Stores Inc. CEO and president, has joined the private equity firm Solamere Capital as an operating partner and a member of its investment committee.