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Steve Wynn is now free to sell his stake in the massive casino business he founded.Wynn Resorts said in a filing on Thursday that Wynn, its former chief executive, and his ex-wife Elaine Wynn, have dissolved an agreement that prevented them from selling their shares.Wynn stepped down as CEO last month after allegations of sexual misconduct piled pressure on the billionaire casino mogul and sent the company's stock tumbling.The company, which operates casinos in Las Vegas and Macau, said in its filing that Steve Wynn may now "seek to sell all or a portion" of the roughly 12 million shares that he owns. Elaine Wynn owns another 10 million shares, giving them a combined 21% stake.Wynn, 76, has denied the accusations of misconduct, which gained widespread attention in late January after an investigative report by The Wall Street Journal detailed numerous allegations against him, citing dozens of sources.Shares in the company were trading above 0 in January, but dropped sharply after the allegations were made public. They have since recovered some lost ground to trade at 6.Wynn Resorts said in a separate filing in February that Wynn would not be allowed to sell more than a third of his stake in any one quarter. That restriction was not mentioned in the documents filed Thursday.Wynn is credited with transforming Las Vegas casinos from gambling dens into entertainment hubs where guests could also watch spectacular shows and eat in high-end restaurants.The Mirage, Wynn's first major casino on the Vegas Strip, opened in 1989. He then opened Treasure Island in 1993, and the Bellagio in 1998.In 2006, he opened his first casino in Macau, where gambling revenues now dwarf those of Las Vegas. An even bigger one, Wynn Palace, followed 10 years later.The-CNN-Wire 1791
The American people deserve transparency from their leaders, it's why as of today, I've released 22 years of my tax returns. https://t.co/6fwL20fWeI— Joe Biden (@JoeBiden) September 29, 2020 198

Tesla on Thursday recalled about 123,000 Model S sedans, asking customers with cars built before April of 2016 to have their power steering bolts replaced.A Tesla spokesperson said the company has observed "excessive corrosion" of the part in some cold climates where a certain type of road salt is used.No injuries or accidents have been reported in connection with the issue, the spokesperson said.A Tesla spokesperson said that if the bolts fail, the driver should still be able to control the vehicle. The issue can make the car more difficult to steer at low speeds and to parallel park, and it should "not materially affect control at high speed."The company sent out emails to Model S owners who have cars included in the recall.The Model S has been lauded for its safety ratings, but news of this recall comes at a rough time for Tesla.Its stock price has plunged more than 25% over the past month. Investors are worried about the startup's ability to deliver on its first mass-market car, the Model 3, which has been plagued by manufacturing woes.Tesla's stock sank nearly 4% during after-hours trading Thursday after news broke about the Model S recall.The-CNN-Wire 1183
SYLMAR, Calif. (KGTV) - A freeway sign indicating drivers were using Interstate 5 South fell into traffic lanes Friday afternoon at the start of the holiday travel rush in Sylmar, north of Los Angeles.A driver reported to the California Highway Patrol that most of the sign fell into the middle lanes of I-5 at SR-14 at 1:15 p.m. Some parts of the sign were left dangling from the rigging.At least one driver hit some of the debris, according to the CHP’s online report. There were no reports of any injuries.Officers shut down south I-5 and diverted traffic into truck lanes, backing up the freeway into Santa Clarita.Caltrans crews removed the dangling sign and traffic on south I-5 was reopened about 3:30 p.m.The cause of the fall is under investigation. 766
Supreme Court nominee Amy Coney Barrett was diagnosed with COVID-19 earlier this year but has since recovered, according to reports from The Washington Post and CNN.Barrett was reportedly diagnosed with the virus in the summer. According to White House officials, Barrett tested negative for COVID-19 on Friday morning.President Donald Trump nominated Barrett to take Justice Ruth Bader Ginsburg's spot on the Supreme Court at a ceremony at the White House on Saturday. At least one attendee at that event, University of Notre Dame President Rev. John Jenkins, has since tested positive for COVID-19, though it's not clear how or when he contracted the virus.In addition to her work as a judge on the U.S. 7th Circuit Court of Appeals, Barrett is also a faculty member at Notre Dame.Trump himself announced early Friday morning that he had contracted COVID-19. He's reportedly suffering mild symptoms. 909
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