Alongside the big American name artists the Berlin Jazz Festival also increasingly presents musicians from all quarters, artists whose music centres on crossing the borders between local folk traditions and global sounds and trends.
Ford Agrees to Sell Volvo to a Fast-Rising Chinese Company. HONG KONG â Ford Motor reached an agreement on Sunday to sell its Volvo subsidiary to a Chinese conglomerate, in the clearest confirmation yet of Chinaâs global ambitions in the auto industry. The Zhejiang Geely Holding Group, based in Hangzhou, agreed to pay $1.8 billion for Volvo, with $1.6 billion in cash and the rest in a note payable to Ford. Ford paid $6 billion in 1999 to acquire Volvo, leaving the company with a substantial loss on its investment.
The Nugget operates under the leadership of new President and CEO, Carlton Geer. Geer is also co-owner and managing partner of GGH, an experienced private casino management and merchant advisory firm with offices in Las Vegas, New York City and Atlantic City. Geer says he sees tremendous potential for the Nugget in the Reno/Sparks market. The combination of its great access, superb physical structure, a strong legacy and appropriate repositioning capital will enable the Nugget to compete more effectively in Northern Nevada in the future, said Geer.