v e g a s i n c . c o m | J U NE 1 9 - 2 5 , 2 0 1 6
Has cash been dethroned? Once the king of financial transactions, paper money is increasingly being replaced by other forms of payment By HOWARD RIELL | SPECIAL TO VEGAS INC
Cash is slowly disappearing, and not because anyone is stealing it. ¶ It’s been elbowed out by the use of debit cards, credit cards and online transactions, a trend that will accelerate with the arrival of ApplePay and other technology that transforms mobile devices into charge cards. And it’s about to be hit by another wave, as payment technology gets cash, Conti nued on page 15
$3B
Amount Lockheed Martin Corp. is set to receive from the Danish government. Denmark is ordering 27 F-35A stealth fighter jets.
4,750
Number of additional vessels that will be able to pass through the Panama Canal yearly when additional locks open. It is estimated this will reduce global maritime shipping costs by $8 billion annually.