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Carl Icahn

Donald Trump ascends the stairs with his fist raised after the opening of the Trump Taj Mahal Casino Resort in Atlantic City, N.J. on April 5, 1990.
Business

Trump Taj Mahal Sold For Pennies on the Dollar

When Carl Icahn announced his wish to sell Atlantic City’s Trump Taj Mahal back in February, Hard Rock International swooped in a month later to […]

Business

Taj Mahal to Get $375M Hard Rock Revamp

Less than a month after purchasing the shuttered Trump Taj Mahal casino from former owner Carl Icahn, Hard Rock International has announced plans to spend nearly […]

Donald Trump ascends the stairs with his fist raised after the opening of the Trump Taj Mahal Casino Resort in Atlantic City, N.J. on April 5, 1990.
Business

President Trump’s Name Removed From Taj Mahal Casino

President Donald Trump’s presence in Atlantic City legacy grows ever fainter with the removal of the Trump name from all sides of the Taj Mahal casino. […]

Business

Chris Christie’s Veto of Casino License Bill Stands

The Trump Taj Mahal saga continues: Last week Governor Chris Christie vetoed a bill that would punish the casino’s owner — billionaire Carl Icahn — […]

Trump Taj Mahal in Atlantic City
Business

Icahn Says He’ll Sell Trump Taj Mahal

Billionaire investor Carl Icahn wants to wash his hands of the Trump Taj Mahal casino in Atlantic City. On Monday, he announced plans to sell […]

Hillary Clinton - Trump Taj Mahal
City Life

Hillary Clinton Visits Striking Trump Taj Mahal Workers in Atlantic City

Workers cheered. The press swarmed. The Secret Service yelled at people to get on the sidewalk. After her rally in front of the closed Trump […]

Business

10 Philly Billionaires on New Forbes List

Forbes magazine just released its list of the Richest People on the Planet in 2016, and although Philly doesn’t have a Mark Zuckerberg, Oprah Winfrey […]

Trump Taj Mahal in Atlantic City
City

Appeals Court: Trump Taj Mahal Can Strip Union Benefits

A federal appeals court has ruled that Trump Entertainment — the parent company of the Trump Taj Mahal in Atlantic City — can strip pension […]

Business

Icahn Raises Pep Boys Bid, Again

A week after Carl Icahn said he’d be willing to bid up to $1 billion for Pep Boys, the Philly-based auto parts retailer, he’s done […]

Business

Icahn Once Again Gains Upper Hand in Pep Boys Bidding War

Turns out Carl Icahn really, really wants to own Pep Boys — Manny, Moe, & Jack. The Wall Street Journal reports that Icahn — who […]

Business

Pep Boys Bidding War Heats Up as Icahn Raises Stakes to $919 Million

The bidding war for Pep Boys – Manny, Moe & Jack shows no signs of cooling off. Billionaire Carl Icahn raised his bid for the Philly-based […]

Business

Bridgestone Takes Lead in Bidding War for Pep Boys

Now it’s Carl Icahn’s move — again. Days after Icahn made a $15.50-a-share offer to acquire Pep Boys, the Philly-based auto parts chain, Bridgestone Americas […]

City

Stockton: Icahn Wanted 1,331 Hotel Rooms to Waive Casino Pact

Yesterday, an independent report commissioned by Stockton University about the school’s disastrous purchase of the former Showboat casino was released. The report blamed many, but […]

City Life

Report: Icahn Will Save the Taj

Financier Carl Icahn has agreed to keep the Trump Taj Mahal Casino open, the New York Post reported Wednesday night, and has even made concessions […]

City

UPDATE: Trump Taj Owner Asks Icahn to Stay Open

Update, 2:40 p.m.: The Trump Taj Mahal’s CEO is asking primary lender Carl Icahn to keep the casino open until a court fight with the […]