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Is Empowering Corporate Women Enough?

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Is Empowering Corporate Women Enough?

For admission to Chief, a girls’s management community, members pay as much as $7,900. That will get them govt teaching, big-name speaker classes, a Rolodex of feminine executives and, for an additional value, entry to 5 glossy clubhouses. Chief is actually an “outdated boys’ membership” — for the women. The enterprise capital-backed firm has grown to over 20,000 members and over $1 billion in worth because it began in 2019.

This month, in social media battles, a few of its members have begun to ask: What does their membership of high-powered girls stand for? On LinkedIn, some Chief members have criticized the neighborhood’s strategy to racial variety and its response to political points just like the overturn of Roe v. Wade, and a few have introduced plans to give up.

Chief’s founders, Lindsay Kaplan and Carolyn Childers, say they’ve donated to abortion entry teams, issued statements within the wake of racial violence and acted on their members’ suggestions, whereas remaining targeted on the corporate’s main purpose, which is girls’s company development. However in conversations with two dozen present and former Chief members, some mentioned they wished the community to be extra socially and politically engaged.

“The worth tag is de facto too excessive for individuals to not care deeply about how they’re responding to those vital points,” mentioned Nika White, 47, the president of a variety, fairness and inclusion consultancy who determined to not renew her Chief membership this month.

Different members defended the group, like Amani Duncan, previously a senior vp at ViacomCBS. “I used to be shocked once I began seeing the posts on LinkedIn,” Ms. Duncan, 52, mentioned. “I didn’t notice how a lot I wanted Chief till I joined. It was type of kismet.”

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It’s a she-said, she-said story. But it surely’s one which raises a thorny and long-simmering query: Is amassing energy for company girls a worthy purpose in itself? Or ought to feminine executives, as they ascend, prioritize spotlighting the various social and financial points holding again extra marginalized girls?

The latest turmoil at Chief started on Worldwide Ladies’s Day, in early March, when a member of the community, Denise Conroy, declared on LinkedIn that she was leaving Chief and accused the group of sidestepping political points and ghosting girls of colour who utilized for membership. (Ms. Conroy, 51, later acknowledged that she had been reprimanded internally for attempting to promote tickets on Chief’s platform to an exterior workshop she was working, which ran counter to the corporate’s insurance policies.) Her publish, which generated greater than 5,000 reactions, incited bigger debate inside Chief concerning the neighborhood’s future.

Rachel Hassall, a provide chain govt, is likely one of the Chief members who selected to depart the group this month. She had lately participated in a dialogue that Ms. Conroy hosted concerning the e-book “White Ladies: All the things You Already Know About Your Personal Racism and How you can Do Higher,” the place some Chief members shared frustrations with the group’s strategy to racial inclusivity. Ms. Hassall began to really feel ashamed about her membership.

“I didn’t be a part of considering this was a political or social revolution,” mentioned Ms. Hassall, 37. “However once I acquired in and realized how a lot energy is in there, then I used to be like, Why aren’t we doing extra?”

Chief’s founders advised The New York Instances that their mission was advancing girls’s management in enterprise, not social advocacy. In addition they pointed to the statements Chief launched to the neighborhood after the killing of George Floyd, the shootings focusing on Asian Individuals close to Atlanta-area spas and different incidents of racial violence, in addition to to donations it has made to racial justice nonprofits. Thirty-three p.c of Chief’s members are girls of colour. And the founders mentioned the group handled all candidates the identical. It sends solely acceptance emails, not rejections.

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“At Chief, we’ve all the time wished to make it possible for our values have been clear,” Ms. Childers mentioned. “However we’re additionally not a social activism group.”

Chief’s annual membership prices $5,800 for vice presidents and $7,900 for C-suite executives; 70 p.c of members have their charges lined by employers. Membership brings entry to govt teaching, profession workshops, in-person meet-ups, a job board and speaker classes with high-profile girls like Michelle Obama and Amal Clooney, in addition to entry to stylish clubhouses in New York, Chicago, Los Angeles, San Francisco and London for an extra value. Ladies can apply or be nominated for membership, and for admission Chief considers their titles in addition to the dimensions of their corporations and the groups they handle.

“It was difficult to climb the company ladder as a first-generation immigrant,” mentioned Gabby Hirata, 34, the chief govt of Diane von Furstenberg. “Chief gave me the publicity to look at how the S.V.P.s and C-levels carry themselves.”

However a few of its members now argue that Chief’s group teaching is best suited to supporting the skilled experiences of white girls. Sibil Patri, 41, a vp at an asset administration firm, recalled that when she was first accepted to Chief she felt a excessive that she’d been chasing since adolescence when she was lower from the cheerleading crew: the sense of being within the cool ladies’ membership.

It didn’t take lengthy for her sense of belonging to dissipate. Sitting in group teaching classes, she acquired the sensation that the white girls couldn’t relate to the skilled issues that the ladies of colour have been sharing. Final 12 months, she give up. She emailed Chief then to say the community ought to have a “stronger curated expertise for girls of colour.”

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“Chief is a membership for white girls,” Ms. Patri mentioned. “If you’re a bunch constructed by white girls to assist white girls with out centering any of the opposite intersections, that’s tremendous, however that you must be keen to personal that.”

“Now we have actually tried to make sure that there’s no ‘onlys’ inside these teams,” Ms. Childers mentioned of Chief’s teaching teams, including that their guides are educated to facilitate tough conversations. “There’s loads of coaching that we attempt to put in place — we’ve been doing inclusivity coaching particularly with them. However there’s extra to do.”

The corporate mentioned retention charges for girls of colour this 12 months have been 4 proportion factors larger than for white girls.

And a few girls of colour locally mentioned they didn’t share the inclusivity critiques. Sandhya Jain-Patel joined the community in 2019. She loved what members known as “Chief illness,” which was the zealous assist the ladies gave one another for entrepreneurial concepts batted round on the clubhouses.

“Any person can be like, ‘I need to do that,’ and everyone can be like, ‘Positive, I’ll provide help to,’” Ms. Jain-Patel, 48, recalled. “I bear in mind saying to someone someday: ‘I’ve this web site concept. That is what I actually need to do.’ She grabbed my cellphone, pulled up GoDaddy and was like, ‘I’ll register it proper now.’”

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Ms. Jain-Patel, although, does have her personal frustrations with Chief. “Except for this core group, what are you doing for us?” she mentioned. “Why are you charging us a lot cash?”

When Chief’s founders, Ms. Kaplan, 38, and Ms. Childers, 43, have been constructing their very own careers, entry to an govt girls’s community appeared like a useful resource price paying for — to not point out teaching, which they identified can value tens of hundreds of {dollars}. Simply over 10 p.c of Fortune 500 corporations are run by girls. Ms. Childers, who was beforehand a vp on the firm Helpful, recalled fielding fixed pleas for recommendation from younger feminine colleagues earlier in her profession. Ms. Kaplan had labored at a start-up the place she was the one senior lady, and had to assist design her personal maternity depart coverage.

The 2 met in 2017 at a networking occasion within the basement of an Italian restaurant in New York Metropolis, and two years later they began the chief girls’s community. Initially, they thought they’d settle for members solely close to their clubhouses. However then the pandemic hit, a lot of their programming went digital and so they determined to develop their attain.

The community exploded — its ready checklist swelled to 60,000 — as did its valuation, propelling Chief to turn out to be one of many fastest-growing female-founded unicorns. Final 12 months, Chief secured $100 million in a Collection B spherical led by Alphabet’s progress fund, CapitalG.

Chief is a lady energy endeavor drenched in woman energy lingo. (Its members like to cite a selected Madeleine Albright citation.) However its ascent got here after the height period of the so-called Girlboss, a time period popularized in 2014 by Sophia Amoruso, the founding father of the style firm Nasty Gal, which went bankrupt in 2016.

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Earlier than Chief there was “Lean In,” a best-selling e-book by the previous Meta govt Sheryl Sandberg, which spawned the creation of hundreds of feminine assist circles — after which confronted backlash for its give attention to girls turbocharging their careers. There was additionally the Wing, a girls’s co-working house, whose chief govt, Audrey Gelman, stepped down in 2020 after going through criticism from Black workers members, and which shuttered in 2022.

Main an organization geared towards girls’s empowerment turned particularly fraught final 12 months, when the Supreme Court docket ended practically 50 years of federally protected abortion rights.

Ms. Kaplan and Ms. Childers mentioned their group’s mission was to advertise girls’s management, and so they really feel that reproductive selection is inextricable from that. So after the Dobbs v. Jackson ruling Chief joined Don’t Ban Equality, a coalition of companies opposing abortion restrictions; donated $250,000 to organizations supporting reproductive selection; hosted instructional packages; and expanded abortion-related well being care advantages for workers. The corporate additionally hosted “listening classes” for members, which to Ms. Conroy felt like “the scene from ‘Imply Women’ the place everyone gathered within the gymnasium and shared their emotions.”

However a few of Chief’s members wished to see the corporate do extra to handle Roe v. Wade’s overturn in a sustained and public means. A bunch of Chief members despatched an electronic mail to the founders itemizing actions they wished to see Chief take, together with placing a few of Chief’s promoting cash towards statements on reproductive well being and even supporting the concept of a “Day With out Ladies” strike.

“Not being keen to take a really sturdy stance on girls’s selection was for me the proverbial nail within the coffin,” mentioned Lisa Gralnek, 45, a founding father of Chief’s inside social impression group, Transferring the Needle, who joined the community in 2019 and selected to not renew her membership final 12 months.

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Different Chief members defended the corporate’s relative restraint. “If I wished to be politically energetic, I’d be a part of a company with that mission,” mentioned Michelle Ferguson, 65, who joined Chief in 2019 and got here up with the concept for her e-book (“Ladies Mentoring Ladies”) due to conversations on the clubhouse.

With 20,000 members of the management neighborhood, and practically as many opinions about exactly what its values needs to be, Chief is going through a interval of tumult.

“When you will have a model that has a very sturdy emotional connection, individuals take it personally,” mentioned Kenneth Chenault, the previous chief govt of American Specific and a board member of Chief.

Ms. Kaplan and Ms. Childers have spent this month reflecting on responses from members and holding listening classes.

“As Madeleine Albright — who I am keen on — mentioned, there’s a particular place in hell for girls who don’t assist different girls,” Ms. Gralnek mentioned. “I’ve no real interest in seeing these ladies fail. I simply suppose they’ve to begin listening to somebody apart from V.C.s and their very own egos.”

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New Mexico weighs whether to toss Alec Baldwin criminal charges in 'Rust' shooting

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New Mexico weighs whether to toss Alec Baldwin criminal charges in 'Rust' shooting

A New Mexico judge is weighing whether to dismiss involuntary manslaughter charges against Alec Baldwin for his alleged role in the 2021 shooting death of the “Rust” movie cinematographer.

Baldwin’s attorneys argued during a court hearing Friday that special prosecutor Kari T. Morrissey had abused her power by allegedly withholding “significant evidence,” including witnesses favorable to Baldwin, during a January grand jury proceeding.

The 66-year-old actor‘s lawyers said he was a victim of an “overzealous prosecutor” who steered grand jury proceedings in an effort to win an indictment in the high-profile case. At issue is whether the grand jury had been fully advised that they could hear from Baldwin’s witnesses during the proceedings. The grand jurors spent a day and a half questioning witnesses who were introduced by the prosecutors.

“The fix was in,” Baldwin attorney Alex Spiro told the judge Friday.

The grand jury indicted Baldwin on an involuntary manslaughter charge in the shooting death of Halyna Hutchins, the 42-year-old cinematographer, who was rehearsing a scene with Baldwin on Oct. 21, 2021. Baldwin has pleaded not guilty.

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At the conclusion of Friday’s hearing, New Mexico First Judicial District Judge Mary Marlowe Sommer said she would issue her ruling next week. Should she dismiss the case, it would mark the second time that the felony charges against Baldwin were dropped.

Marlowe Sommer’s decision is expected less than two months before Baldwin is scheduled to go on trial in a Santa Fe courtroom.

During the hearing, which was conducted virtually, Morrissey denied that she had acted in bad faith. She said she didn’t prevent jurors from getting answers to their questions or from seeking additional information. She told the judge that grand jurors had been given written instructions that outlined their ability to quiz other witnesses, including those favorable to the defense.

But because the jurors didn’t ask to hear from the witnesses who were on a list supplied by Baldwin’s lawyers, several key figures in the tragedy, including film director Joel Souza, property master Sarah Zachry and assistant director David Halls, were not called to testify. Instead, jurors heard from police officers, a crew member who was in the church and expert witnesses hired by prosecutors.

On the day of the shooting, Hutchins, Baldwin, Souza and about a dozen other crew members were gathered in an old wooden church at Bonanza Creek Ranch, south of Santa Fe, preparing for a scene. Hutchins, according to the actor, told him to pull his Colt .45 revolver from his holster and point it at the camera for an extreme close-up view. That’s when the gun went off.

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Hutchins died from her wounds. Souza was injured and recovered.

Last month, Marlowe Sommer sentenced the film’s armorer, Hannah Gutierrez, to 18 months in a New Mexico women’s prison for her role in the shooting. Morrissey argued that Gutierrez was criminally negligent by allegedly bringing the live ammunition to the movie production and unwittingly loading one of the lead bullets into Baldwin’s gun. Gutierrez denies bringing the ammunition on set.

Baldwin’s prosecution has long been fraught.

Morrissey and her law partner Jason J. Lewis joined the case last year after the first team of prosecutors was forced to step down due to missteps, including trying to charge Baldwin on a penalty enhancement that wasn’t in effect at the time of the tragedy.

“The government looked a little sophomoric and unprofessional when they charged him for a crime that wasn’t a crime at the time,” said Los Angeles litigator Tre Lovell, who is not involved in the “Rust” shooting matter. “That was embarrassing.”

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The original prosecutors also displayed bluster in media interviews, making statements about the need to hold Baldwin responsible for his actions. Defense attorneys have argued that such commentary was out of line and prejudicial against the actor.

Shortly after Morrissey and Lewis joined the case, they dropped the charges against Baldwin. At the time, they said they needed more time to review evidence and address issues raised by Baldwin’s team. Morrissey and Lewis reserved the right to refile the charges.

Immediately after the charges were dropped, Baldwin traveled to Montana to finish the filming of “Rust.”

On Friday, Morrissey said last year’s decision to drop the charges was made at the request of Baldwin’s lead attorney, Luke Nikas, who had presented evidence that the gun Baldwin was using had been modified. Subsequent tests showed the gun was functional that day, but during FBI testing in 2022, the gun was broken by forensic analysts who wanted to see how much pressure needed to be applied for the hammer to drop.

The damaged gun is one of several complications that prosecutors are facing. Legal experts have said that winning a conviction in Baldwin’s case is expected to be more difficult than in the trial of Gutierrez, whose job was to make sure the weapons were safe.

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Baldwin was handed the prop gun that day and was told that it was “cold,” meaning there was no ammunition inside. In reality, the chamber of the revolver contained six rounds — five so-called dummies and the lead bullet that killed Hutchins.

“The state has not even alleged that Baldwin had a subjective awareness of a substantial risk that the firearm held live ammunition,” Nikas argued in the motion to dismiss the charges. “Without a subjective awareness, he could not have committed the crime of involuntary manslaughter, which requires that the defendant consciously disregarded a substantial and unjustifiable risk that his actions could cause another person’s death.”

Baldwin has argued, with support from Hollywood’s performers’ union SAG-AFTRA, that it wasn’t his job to be the gun safety officer on set.

The actor has said he was relying on other professionals to do their jobs to ensure a safe production.

Prosecutors have an obligation to present evidence in a “fair and impartial manner,” Baldwin’s attorneys said.

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The judge grilled Morrissey on her thinking at the time, including an instance when she had interrupted a sheriff’s deputy and prevented her from answering a question about gun safety measures on set. Morrissey said that deputy was not an expert in film set protocols and that she instead wanted jurors to get “the most accurate information,” which would come from a veteran film crew member who was an expert witness.

Baldwin’s attorneys were also sharply critical of Morrissey for divulging during a media interview the date the grand jury was expected to meet. Morrissey said she took responsibility for providing to a reporter the initial date, which had been scheduled for mid-November. However, the matter was postponed, and the case wasn’t brought before the grand jury until two months later, in mid-January.

Lovell, the L.A. entertainment attorney, said he believes the case will go to trial and that efforts to throw out the indictment will be unsuccessful.

“Courts are really reluctant to dismiss cases brought by a grand jury,” Lovell said. “Courts have limited ability to review what goes to a grand jury unless it was provided in bad faith.”

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Troubled EV maker Fisker closing Manhattan Beach headquarters

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Troubled EV maker Fisker closing Manhattan Beach headquarters

In an effort to stave off bankruptcy, electric-vehicle maker Fisker Inc. is closing its Manhattan Beach headquarters and has secured a $3.5-million lifeline as it continues to explore an acquisition or other strategic alternative.

The troubled company, which had about 300 employees in the 72,000-square-foot offices at the end of March, is moving its remaining workers to an engineering and distribution facility in La Palma in Orange County, said a person familiar with Fisker’s operations who was not authorized to comment.

In all, the company had roughly 1,135 employees as of mid-April, following an announced 15% cut to its workforce.

Fisker has been attempting to avoid bankruptcy since March, when it announced that talks over a strategic alliance with a major automaker had ended, squelching a deal that would have given it $150 million in new financing.

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That caused its shares to collapse to pennies, prompting the New York Stock Exchange to delist the stock, which violated another debt agreement the company struck with an investor last year, according to a regulatory filing.

A major automaker, said to be Nissan, was reportedly in talks to invest in Fisker. Nissan was considering making the Fisker Alaska truck at a U.S. plant — a deal that would come with a $400-million investment, Reuters first reported. Fisker did not confirm the reports.

Fisker announced this week that it secured a $3.5 million short-term loan, as it continues to operate and sell its midsize Ocean SUV. The note is due June 24 and has the potential to increase to $7.5 million.

The Ocean, a competitor to Tesla’s Model Y, was released last year to mixed reviews; some praised its build and styling, but the car has been plagued by software glitches.

The National Highway Traffic Safety Administration has four investigations into the vehicle, including one opened this month after complaints that the SUV’s automatic emergency braking system randomly triggered.

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Other probes are looking into reports that a door on the Ocean will not open and complaints about a loss of braking performance. The company has said it is working with the regulator.

Fisker said this week that it had added three dealers to its networks in California and New Jersey, which it began building after a plan to sell direct to consumers — like Tesla does — didn’t pan out. It also announced additional price cuts on some Ocean models.

In March, Fisker slashed the price on its entire lineup of 2023 Oceans by more than 30%. The company also said that it had paused production at its contract manufacturing plant in Austria, which produced about 10,200 Oceans last year.

Fisker was founded in 2016 by noted car designer Henrik Fisker, who has said the Ocean was inspired by California. The SUV features a full-length solar roof, an interior composed of “vegan” recycled plastic and a drop-down rear window that can fit a surf board.

Fisker is not the only startup that has been struggling amid a slowdown in the domestic market for electric vehicles and a rise in interest rates.

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Rivian Automotive, an Irvine maker of electric trucks, has informed state officials it will lay off more than 120 employees beginning in June. In February, the company announced it was cutting 10% of its workforce. The company’s shares have lost more than half of their value since last year.

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Las Vegas' Mirage Resort to close after 34-year run. Volcano to go dormant

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Las Vegas' Mirage Resort to close after 34-year run. Volcano to go dormant

Once hailed as “Las Vegas’ first 21 Century resort,” The Mirage Hotel & Casino confirmed Wednesday that its iconic volcano outside of its front entrance is going dormant less than a quarter of a century into the new millennium.

Owner Hard Rock International announced the hotel will cease operations on July 17, with bookings being accepted until July 14. The iconic resort — sporting a jungle-fantasy theme —was perhaps best known for its exploding 54-foot man-made volcano, magicians Siegfried and Roy, and its white tigers and dolphins.

“We’d like to thank the Las Vegas community and team members for warmly welcoming Hard Rock after enjoying 34 years at The Mirage,” said Jim Allen, Chairman of Hard Rock International in a statement.

The resort is expected to be redeveloped into the Hard Rock Hotel & Casino and Guitar Hotel Las Vegas, with the volcano giving way to a nearly 700-foot guitar-shaped hotel. The project is expected to open in spring 2027. A similar 638-room hotel stands in Hollywood, Fla.

The Associated Press reported that more than 3,000 employees will be laid off. Hard Rock acknowledged it would pay roughly $80 million in severance packages for union and nonunion labor.

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The Culinary and Bartenders Union accounts for about 1,700 Mirage workers. It announced Wednesday that its workers have two options.

The first was a severance package of $2,000 for every year of service plus six months of pension and health benefits. The second option gives employees a lesser, undisclosed amount while maintaining seniority rights for the duration of the property’s closure along with 36 months of recall rights for jobs at the new hotel.

“Culinary Union members at The Mirage have a strong union contract, ensuring that workers are protected, even as the property closes its doors entirely for three years from July 2024 – May 2027,” said Ted Pappageorge, Culinary Union secretary-treasurer, in a statement Wednesday.

The new hotel is projected to employ nearly 7,000 employees, according to Hard Rock management, while 2,500 construction jobs are expected during the rebuilding process.

Hard Rock said that all reservations beyond July 14 would be canceled and that guests should contact the guest services department or booking agency for a refund.

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The Mirage’s closure is the second on the strip this year.

In April, the 66-year-old Tropicana closed its doors to make way for a 30,000-seat stadium that is expected to serve as the home of the Oakland A’s.

The Mirage’s opening by casino tycoon Stephen A. Wynn in 1989 was hailed as the ushering of a new era of resorts. It was the first strip hotel to open since the MGM Grand in 1973.

Wynn shelled out $600 million, then the most expensive casino project, for the sprawling 103-acre property.

The Mirage was the first fully integrated hotel, according to Alan Feldman, a Distinguished Fellow at UNLV’s International Gaming Institute.

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Integration meant operating and treating all facets of the resort, including casino, food and beverage, retail, entertainment and convention space, with equal importance, according to Feldman, who rose to become an executive with the Mirage and stayed from 1989 to 2019.

Feldman said hotel owners previously cared first about the casino and “everything else was last.”

“They gave away entertainment, food and rooms as long as someone came and played,” said Feldman. “The Mirage was the first to believe you could actually make money in these areas if you invested enough.”

Its glistening 30-story white-and-gold towers were said to make neighboring Caesars Palace look “retiring by comparison.” Traffic occasionally backed up on the strip as engineers tested gas-flared flames 40 feet into the air every few minutes.

“People just got out of the cars and went over to see what was going on,” one limousine driver said at the time.

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The hotel included a 20,000-gallon fish tank at its reception desk and 3,049 rooms.

Its animals — and its white tiger habitat — brought the resort fame and infamy, including in 2003 when a tiger critically injured magician Roy Horn.

The Mirage’s opening kicked off a resort building and remodeling spree that included the debut of the Circus Circus’ Excalibur in June 1990, the $250-million renovation of Caesars Palace and the opening of Treasure Island in 1994.

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