Phillips Petroleum Company Quintana, who had prior swift-water training. At the time, the ladder system consisted of amateur-built wood ladders that were swept away by the flash flood. Today, ladder systems have been bolted in place, and deployable cargo nets are installed at the top of the canyon. A NOAA Weather Radio from the National Weather Service and an alarm horn are stationed at the fee booth. On July 15, 2021, a Michigan woman died in a flash flood that swept through a slot canyon in Grand Canyon National Park. She was a customer with a commercial rafting group that camped 	Slot canyon
22380429	overnight about a quarter of a mile from a slot canyon. Five other people with serious injuries were airlifted from the canyon as a result of the same flash flood. Slot canyon A slot canyon is a long, narrow channel or drainageway with sheer rock walls that are typically eroded into either sandstone or other sedimentary rock. A slot canyon has depth-to-width ratios that typically exceed 10:1 over most of its length and can approach 100:1. The term is especially used in the semiarid southwestern United States and particularly the Colorado Plateau. Slot canyons are subject to flash 	Slot canyon
22380430	Wynn Resorts Wynn Resorts Wynn Resorts, Limited is an American publicly traded corporation based in Paradise, Nevada that is a developer and operator of high end hotels and casinos. It was founded in 2002 by former Mirage Resorts Chairman and CEO Steve Wynn, and is now run by CEO Craig Billings. , the company has developed six properties. History. In 2000, Steve Wynn agreed to sell Mirage Resorts to MGM Grand, after having led Mirage and its predecessors since 1973. Wynn laid the foundation for his next venture that same year, buying the Desert Inn for $270 million. Wynn found an early 	Wynn Resorts
22380431	partner in Japanese billionaire Kazuo Okada of Universal Entertainment Corporation. Wynn, together with Universal subsidiary Aruze USA, controlled almost half the stock, making it harder for outside investors to exert control, as they had done at Mirage in response to Wynn's prolific spending. Wynn hired investment banker Ronald Kramer as president and director in 2002 in order to help take the company public and oversee its expansion. Wynn Resorts made its initial public offering on NASDAQ on October 25, 2002. The company's first project, Wynn Las Vegas, opened on April 28, 2005. Wynn Macau, the company's second 	Wynn Resorts
22380432	project started construction on June 28, 2004. It opened September 5, 2006 and is now the largest-grossing casino in the region. Encore, an extension to Wynn Las Vegas, broke ground on April 28, 2006, the first anniversary of the opening of Wynn Las Vegas. Encore at Wynn Macau, the company's second project on the Macau Peninsula, Macau, People's Republic of China, opened on April 21, 2010. A second resort in Macau, Wynn Palace in Cotai, opened August 22, 2016. Wynn bought in Cotai, Macau where he hoped to break ground in 2012 for Wynn Cotai for a 	Wynn Resorts
22380433	2013 or early 2014 opening. The company considered opening a casino as part of the Entertainment City development in the Philippines, but decided against it because of corruption in the country's gaming industry. Okada decided to proceed with the project alone, leading to the rupture of his partnership with Wynn. The dispute went public with reciprocal accusations of corrupt practices. Wynn and his allies accused Okada of bribing Philippines gaming regulators with over $110,000 in benefits, including free nights in a luxury suite at Wynn Las Vegas, while Okada claimed that Wynn Resorts' record $135 million donation 	Wynn Resorts
22380434	to the University of Macau constituted a bribe. Okada resigned as vice chairman in October 2011, and the following February, after a company investigation by the Freeh Group confirmed the charges against him, the board of directors forced Aruze USA to sell back its shares at a nearly 30% discount. Aruze had been the company's largest shareholder, with a 19.7% stake. On September 17, 2014, the Massachusetts Gaming Commission voted to approve Wynn Resorts’ proposed $1.6 billion casino to be located in Everett, Massachusetts on the Mystic River, just north of Boston. This project will be known as 	Wynn Resorts
22380435	Encore Boston Harbor and was scheduled to open in 2019. On February 6, 2018, Steve Wynn resigned as CEO of the company amidst sexual allegations and was replaced by Matthew Maddox. Amid sexual harassment lawsuits involving directors, Maddox announced the planned departure of two board members, Ray Irani and Alvin Shoemaker, on March 7, 2018. The departure of Irani and Shoemaker was to reassure investors that the corporate culture was changing. In April 2018, the company nominated three women to the board of directors: Dee Dee Myers, Betsy Atkins, and Wendy Webb. Talks between Wynn and Crown Resorts of Australia 	Wynn Resorts
22380436	for a $7.1 billion offer collapsed in April 2019; analysts saw the bid as an attempt to diversify away from Macau, where its license may expire in 2022. On May 28, 2019, Wynn paid a $ 35 million fine to the Massachusetts Gaming Commission and the $500,000 fine placed on Matthew Maddox. On October 4th, 2021, Wynn Resorts were awarded with ‘Land-based operator of the year’ and runners up for “Customer Loyalty Program of the year” for their Wynn Rewards program at the Global Gaming Awards 2021 in Las Vegas. On November 9, 2021, Wynn announced that 	Wynn Resorts
22380437	Matthew Maddox would be stepping down as CEO on January 31, 2022. Craig Billings was named as successor to Maddox. Previously, Craig Billings was the CEO of Wynn Interactive and former CFO of Wynn Resorts. Billings will assume the role of CEO effective February 1, 2022. Economic performance. The Encore in Las Vegas opened shortly after the beginning of the Great Recession. Despite the additional casino at the Encore (which added 97 tables and 857 slot machines to the original 190 tables and 2000 slots), net casino revenues for the combined resort were initially lower. Similarly, in the first quarter 	Wynn Resorts
22380438	of 2009, net revenues of the Macau operations declined. Following the global economic recovery, performance of the Wynn properties also recovered. Wynn remained the only gaming operator to not perform mass layoffs during the recession. In 2017 CNBC reported that Wynn's stock was up 44% for the year and that Wynn's Macau operations were the leading US-based resorts there. In order to be able to resume operations of the hotel and casino despite the pandemic, Matt Maddox, CEO of Wynn Resorts, is requiring that all employees who choose not to receive a COVID-19 vaccination be tested weekly 	Wynn Resorts
22380439	for the virus. External links. Wynn Resorts Wynn Resorts, Limited is an American publicly traded corporation based in Paradise, Nevada that is a developer and operator of high end hotels and casinos. It was founded in 2002 by former Mirage Resorts Chairman and CEO Steve Wynn, and is now run by CEO Craig Billings. , the company has developed six properties. History. In 2000, Steve Wynn agreed to sell Mirage Resorts to MGM Grand, after having led Mirage and its predecessors since 1973. Wynn laid the foundation for his next venture that same year, buying the Desert Inn for $270 	Wynn Resorts
22380440	Phillips Petroleum Company Phillips Petroleum Company Phillips Petroleum Company was an American oil company incorporated in 1917 that expanded into petroleum refining, marketing and transportation, natural gas gathering and the chemicals sectors. It was Phillips Petroleum that first found oil in the North Sea on December 23, 1969, at a position that was later named Ekofisk. On August 30, 2002, Conoco Inc. merged with Phillips Petroleum to form ConocoPhillips, becoming the third largest integrated energy company and second-largest refining company in the United States. The company moved its headquarters to Houston. In 2012, ConocoPhillips split into two separate companies. The legacy company 	Phillips Petroleum Company
22380441	kept its name, and spun off the midstream and downstream portions of its business. The new company, which owns the refinery, chemical and pipeline assets formerly held in ConocoPhillips, is named Phillips 66, the brand name and trademark used by the original Phillips Petroleum from 1930 until the 2002 ConocoPhillips merger. History. The Phillips Petroleum Company was incorporated on June 13, 1917, by brothers Lee Eldas (L.E.") Phillips and Frank Phillips, of Bartlesville, Oklahoma, United States. Their younger brother, Waite Phillips, was the benefactor of Philmont Scout Ranch. The company was headquartered in Bartlesville, Oklahoma. Phillips Petroleum rapidly became a  fully integrated oil company that included oil and gas production, crude oil pipelines and refineries, and marketing of petroleum products. Phillips Petroleum became heavily involved in the natural gas industry immediately after the discovery of the Panhandle gas field of Texas and the Hugoton field in Kansas. By 1925, it was the largest producer of natural gas liquids (NGL) in the United States. In 1927, Phillips started up its first petroleum refinery in Borger, Texas, designed to produce gasoline as an automotive fuel. The refinery also produced other petroleum fractions (e.g., kerosene, fuel oils). It opened its first service station , to sell gasoline, in Wichita, Kansas on 19 November 1927. In 1930, the company developed its "Phillips 66" trademark: according to company lore, a Phillips official was road-testing the company's newest gasoline, commented that the car was going "like 60" when his driver replied "Sixty nothing ... we're doing 66!", all while driving on U.S. Highway 66 in Oklahoma near Tulsa, resulting in the number 66 superimposed on the U.S. Highway symbol for Route 66. Frank Phillips served as president of the company until 1938. He then turned over the presidency to Kenneth S. "Boots" Adams, but continued  as chairman of the board until 1949, when he was 76 years old. In 1942, the company bought more than 250,000 acres in the Hugoton-Panhandle gas fields and a 25 percent interest in the Panhandle Eastern Pipeline Co. In 1954, the U.S. Supreme Court decided the landmark case of "Phillips Petroleum vs. State of Wisconsin" which held that under the Natural Gas Act, the federal government should regulate the prices which natural gas producers charge when selling gas at the wellhead. Phillips then divested itself of the Panhandle Eastern Pipeline Interest, but remained a major supplier of natural gas . World War II greatly stimulated the demand for petroleum products, especially high-octane aviation fuel and jet fuel. Phillips turned to technology to increase the octane rating of fuels for use in advanced engines. The company invented an HF alkylation process in 1940. The American petrochemical industry took off, first making such as styrene, ethylene, propylene and butadiene. After the war, it formed a subsidiary, Phillips Chemical Co., which entered the fertilizer business by producing anhydrous ammonia from natural gas. The company then built a complex on the Houston Ship Channel devoted to making petrochemicals and polymers. During the 1960s , Phillips expanded its international operations, particularly with exploration in Canada, Venezuela, and Colombia. It discovered the Ekofisk gas field in the North Sea in 1969. In 1966, Phillips Petroleum bought Tidewater Oil Co.'s West Coast operations and rebranded its "Flying A" outlets to Phillips 66. In 1983, Phillips Petroleum bought "General American Oil Company", a Delaware company that was headquartered in Dallas. The company was originally built by Algur H. Meadows in 1936 through a merger with oilman J. W. Gilliland and General American Finance System, a company Meadows formed with Ralph Trippett and Henry W. Peters in the  early 1930s. General American Oil Company was "one of the largest independent oil companies in the nation, with worldwide operations and interests." General American was founded in 1928 as a loan company, the General Finance Company, by Meadows, Trippett, and Henry W. Peters, and renamed the General American Oil Company in 1930. The company acquired over 170 oil wells, several refineries and the assets of the General American Finance System and its subsidiaries. By 1959 the company had 2,990 oil wells in fifteen states and Canada and was drilling for oil in Spain. Richard Rainwater became a partner in the  company in 1969, as did Howard Hughes. In 1971, Peters acquired a minority stake in Howard Hughes' Hughes Tool Company, to which was later sold in 1972. In 1967 the General American Oil Company merged with its affiliate Premier Petrochemical of Pasadena, Texas. In late 1984, Mesa Power LP Co., led by T. Boone Pickens Jr., attempted a hostile takeover of Phillips Petroleum. after Mesa failed, Carl Icahn attempted a separate hostile takeover. Phillips remained an independent company but recapitalized with greater debt. This large debt caused Phillips Petroleum to begin selling many of its assets, including refineries, and led  to the 2002 merger with Conoco. Phillips Petroleum Corp. and Chevron Corp. combined their worldwide chemical businesses in 2000 to form a new company, Chevron Phillips Chemical Corp., LLC. This excluded Chevron's oronite additives, which remained with its former parent. Chevron Phillips is headquartered in The Woodlands, Texas. Accidents. 1980 North Sea accident. The "Alexander L. Kielland", a drilling rig operating in the Ekofisk gas field of the North Sea, capsized on 27 March 1980. The incident killed 123 people. The rig was owned by a Norwegian firm, Stavanger Drilling, and was chartered by Phillips Norway, a subsidiary of  Phillips Petroleum Co. Survivors and relatives of the deceased sued Phillips Petroleum Co. for damages in federal court in Ohio, but the trial court dismissed the case, and on appeal to the U.S. Court of Appeals for the Sixth Circuit, the appellate court agreed that Ohio courts had no jurisdiction in the case, even though the defendant did business in the state. The verdict was appealed to the U.S. Supreme Court, which refused to hear the case. Phillips explosion of 1989. The Pasadena site was home to the 1989 Phillips Explosion, which killed 23 employees and contractors and injured 314  after cost-cutting efforts by the company. The initial explosion was equivalent to 2.4 tons of TNT exploding, damaging the homes of residents within a six-mile radius of the refinery. The initial explosion mushroom cloud was visible to area residents within a 15-mile radius of the site. Phillips explosion of 1999. Two contractors were killed and three men were injured in an explosion on the morning of Wednesday, 23 June 1999, at Phillips Petroleum Co.'s K-Resin (styrene butadiene copolymer) plant in its chemical complex in Pasadena, Texas. An alarm sounded at 11:30 am when the blast  occurred and a fire erupted. It took more than an hour for Phillips' onsite fire department to extinguish the blaze. Those killed were 24-year-old Juan Martinez and his uncle Jose Inez Rangel, who were performing a hydrostatic test on pipe until they were burned to death by 500 °F molten plastic. Both Martinez and Rangel were employed by Zachry Construction Corp. Phillips explosion of 2000. The Pasadena facility exploded again in 2000, resulting in one fatality. The explosion was again located in K-Resin plant. Phillips eventually sold off the K-Resin brand to INEOS Styrolution in  2016. Today, the Pasadena facility only manufactures high-density polyethylene (HDPE) Phillips Petroleum Company Phillips Petroleum Company was an American oil company incorporated in 1917 that expanded into petroleum refining, marketing and transportation, natural gas gathering and the chemicals sectors. It was Phillips Petroleum that first found oil in the North Sea on December 23, 1969, at a position that was later named Ekofisk. On August 30, 2002, Conoco Inc. merged with Phillips Petroleum to form ConocoPhillips, becoming the third largest integrated energy company and second-largest refining company in the United States. The company moved its headquarters to Houston