Carl Icahn

It doesn't directly attack billionaire Carl Icahn's decision to close the Trump Taj Mahal casino in Atlantic City, but the investor appears to be the target of legislation up for consideration Monday morning in the Assembly.

The news hit many tied to the Taj Mahal like a ton of bricks Thursday afternoon, billionaire investor Carl Icahn pulled out of a deal that would have kept the Taj open.

Harry Hurley has learned and confirmed that Trump Taj Mahal Casino Resort employees have received amended federal WARN notices and the casino could close in December.

Mayor Don Guardian says he cannot agree to huge tax reductions sought by the owners of Trump Taj Mahal, which puts a long-shot plan by billionaire Carl Icahn to buy and save the casino and its 2,800 jobs into real jeopardy.

Billionaire Carl Icahn is considering spending $100 million to save the Trump Taj Mahal casino from closing.