www.timesleader.com News Sports Weather Obituaries Features Business People Opinion Video Contact Us Classifieds

Everything must go in sale at Sahara in Las Vegas

Now that the Sahara hotel-casino is closed in Las Vegas after 59 years, everything must go.

The owners of the Rat Pack-era casino are planning a liquidation sale of all items inside the property exactly one month after closing the casino’s doors.

Things for sale include the casino’s poker room sign, bedroom furnishings and chandeliers in several shapes and sizes.

The sale set to begin June 16 is being organized by Ohio-based National Content Liquidators.

Company spokeswoman Meredith Lunsford says she expects the sale to attract nostalgic fans and commercial buyers interested in things like escalators and restaurant equipment.

Oil, gas rigs increase

The number of rigs actively exploring for oil and natural gas in the U.S. rose by seven this week to 1,854 from a week ago.

Baker Hughes Inc., based in Houston, reported Friday that 959 rigs were exploring for oil and 887 for natural gas. Eight were listed as miscellaneous. A year ago, the count was 1,506.

Of the major oil- and gas-producing states, Texas gained eight rigs, and Alaska gained two. Louisiana, New Mexico and Pennsylvania picked up one apiece.

Oklahoma lost three rigs while Colorado, North Dakota and West Virginia dropped by one each.

Arkansas, California and Wyoming were unchanged.

The rig count peaked at 4,530 in 1981, the height of the oil boom. A record low of 488 was counted in 1999.

Korn named to Radio Free

Steven Korn has been named as the new president of the U.S.-funded Radio Free Europe/Radio Liberty.

The broadcaster says Korn’s appointment was announced Friday at a meeting of its board of directors. Korn replaces Jeffrey Gedmin who stepped down in March after four years in the post.

The statement says Korn, who previously worked as vice chairman and chief operating officer of CNN, will take up his job in the Prague headquarters July 11.

Radio Free Europe is a private, nonprofit corporation that broadcasts to 21 countries.

Tesla Motors goes public

Electric car upstart Tesla Motors Inc. said Friday that it has priced a secondary public stock offering at $28.76 per share, and it has buyers for all 5.3 million additional shares.

In addition to the shares in the public offering, CEO and co-founder Elon Musk will buy 1.4 million shares in a private sale at the same price. Blackstar Investco LLC, an affiliate of Daimler AG, also will buy 637,475 shares directly from Tesla, the Palo Alto, Calif. company said.

The Weekender Go Lackawanna Timesleader The Dallas Post Tunkhannock Times Impressions Media The Abington Journal Hazelton Times Five Mountain Times El Mensajero Pittston Sunday Dispatch Creative Circle Media Image Map