Elaine Wynn comments on suggestion from ISS

Today, Elaine Wynn, co-founder, Board member and third-largest stockholder of Wynn Resorts, Limited WYNN, commented on the suggestion from Institutional Shareholder Service (ISS), which is a leading independent proxy advisory service.

The recommendation was that Wynn stockholders hold back their vote for nominees of management for the Wynn Resorts Board of Directors ('the Board') at the forthcoming 2015 Annual Meeting. In response, Elaine Wynn gave the statement that she thinks that the stockholders of Wynn Resorts should get better than the choices given by the Company this proxy season.

She added that in order to achieve meaningful value creation for her fellow stockholders, the only solution is to vote the GOLD card FOR her reelection at the approaching Annual Meeting.

US Federal Law Enforcement Agencies Contact Top Herbalife Ltd Members

Many highly placed Herbalife Ltd members have been contacted by US federal law enforcement agencies to know more about their own business practices. It has been reported that the inquiries have been conducted to check the activities of about 10 top Herbalife members. According to CNBC, the company that develops, markets and sells nutrition, weight management and skin-care products globally is providing members assistance in attaining legal counsel.

It is not clear what law enforcement asked for. According to Herbalife, it is helping authorities on requests for information relating to trading of its shares and to its business practices. The company had not commented on CNBC's report about the agencies contacting its top members.

President Obama and his Family spend Easter Sunday at Alfred Street Baptist Church

President Barack Obama along with his family was present at the Alfred Street Baptist Church in Alexandria to spend Easter Sunday. They also posed for an official White House photo.

At the historic black church in Virginia, the minister gave a sermon, which had parts of politics and scripture. The church’s pastor, the Rev. Howard-John Wesley, 42, gave a sermon with regard to the responsibility of choice.

The church dates back to 1803 and is known for its liberal positions, like support for civil rights for same-sex couples. Wesley said that it was an honor to celebrate Easter with the President.

People were excited to see Obama and gave him rock star treatment. But Wesley asked people to let him worship in the house of God.

N.H. Senator Ayotte’s Aide resigns a Day after being arrested over Prostitution Charges

A top aide to New Hampshire senator, who was arrested for involvement in a prostitution ring, has announced his resignation. The arrest of US Senator Kelly Ayotte’s senior aide, Davie Wihby, came on Friday in Nashua over charges of solicitation of prostitution.

Wihby, 61, served as the New Hampshire’s Republican state director for the past year and was Ayotte’s number-two staff member behind the chief of staff.

The relationship between Ayotte and Wihby is not only professional, but they were good friends too. Wihby has for long worked as Manchester city alderman and the former deputy commissioner and interim commissioner of the state Department of Labor.

McDonald’s workers say the raise that the company is giving is too little

Earlier, there were reports that McDonald’s, world's largest chain of hamburger fast food restaurants, is giving everybody a raise. But according to the company’s workers, the raise is too low. Julia Andino, who worked at McDonald’s franchises, heard the news when she was sleeping. A phone call awaked her. The excited voice was of her friend, who said that McDonald’s has decided to give everybody a raise.

According to Andino, it was surprising. After hearing the news, her mind started whirring. Andino started thinking that the extra money could help her in paying her phone bill or owing a babysitter for her -year-old son.

Sharp Corp Plans to Ask for Govt-Backed Investment Fund to Spin off Its LCD Business

Japanese electronics major Sharp Corporation is planning to spin off its core small and medium-sized liquid crystal display panel business.

The struggling electronics maker is planning to ask a government-backed investment fund of around 100 billion yen to help finance the spinoff.

Sources close to the matter said on Sunday said the Osaka based company has already sounded out Innovation Network Corporation of Japan, an investment fund set up with government- and private-sector funding, about the possible investment.

It has also been told that the company has set up an internal team to spin off the business and the plans it made for a new medium-term management plan which is to be unveiled in May.

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