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  • Aug 12- The bankrupt Revel Casino Hotel in Atlantic City, New Jersey, is set to close by Sept. 10 after failing to find a buyer, the casino said on Tuesday.

  • WASHINGTON, Aug 11- Virtual currencies such as bitcoin are the "Wild West" of financial products because of risks including huge swings in exchange rates, the U.S. Consumer Financial Protection Bureau said on Monday. Gox, a Tokyo- based exchange that filed for bankruptcy after losing an estimated $650 million worth of customer bitcoins.

  • Aug 7- The bankrupt Revel Casino Hotel in Atlantic City, New Jersey, has postponed an auction of the 1,400- room property by a week to Aug. 14 to allow more time to evaluate bids, according to a court filing late on Wednesday.

  • Highmark Inc, which has customers in Pennsylvania, Delaware and West Virginia, will stop covering the procedure on Sept. 1, company spokesman Aaron Billger said in an email.

  • WASHINGTON, July 31- U.S. consumers who purchase private health coverage through the federal Obamacare website HealthCare.gov are likely to find only modestly higher premiums but may still have technical problems signing up, a top health official said on Thursday.

  • WASHINGTON, July 29- More than 17,000 U.S. military personnel and other consumers will receive about $92 million in debt relief as part of a settlement over a lender's alleged improper practices, the U.S. consumer watchdog and 13 states announced on Tuesday.

  • July 25- High-end sound system and headphone maker Bose Corp is going after the newer kid on the block, Beats Electronics, with a lawsuit accusing Beats of infringing several patents related to noise-cancellation technology. Bose was seeking unspecified damages from Beats, which Apple Inc announced this year it would acquire for $3 billion.

  • WILMINGTON, Del., July 24- Nortel Networks Inc, the U.S. unit of defunct Canadian telecom company Nortel Networks Corp, has agreed to pay up to about $1 billion in interest that has accrued on the $3.9 billion it owes to its U.S. bondholders, a court filing showed.

  • Energy Future seeks longer bankruptcy as it scraps plan Thursday, 24 Jul 2014 | 12:08 PM ET

    July 24- Energy Future Holdings, the largest power company in Texas, asked a judge to extend the period in which it controls its Chapter 11 bankruptcy and said it is scrapping its original debt-cutting plan in favor of an auction of its Oncor unit.

  • July 23- The Delaware Supreme Court affirmed on Wednesday a lower court ruling that ordered Wal-Mart Stores Inc to provide a shareholder with documents related to the company's internal probe of allegations the retailer had paid bribes in Mexico.

  • July 23- The Delaware Supreme Court affirmed on Wednesday a lower court ruling that ordered Wal-Mart Stores Inc to provide a shareholder with documents related to the company's internal investigation of allegations that the retailer had paid bribes in Mexico.

  • WASHINGTON, July 23- U.S. regulators and 15 states announced a wave of lawsuits on Wednesday against law firms and mortgage assistance companies they said have scammed borrowers since at least 2011 by falsely promising home loan modifications and other foreclosure relief.

  • July 23- Momentum is building toward a deal that would make painful losses inevitable for investors holding about $20 billion in bonds issued by Puerto Rico's highway, water and electricity authorities even as some big U.S. mutual funds launch a legal battle to squelch a new law that authorizes a restructuring.

  • July 21- The U.S. commonwealth of Puerto Rico asked a federal court to dismiss as premature a lawsuit filed by U.S. mutual funds that sought to strike down a recently enacted Puerto Rican law that the funds said posed a threat to American investors.

  • NEW YORK, July 13- Citigroup agreed to pay $7 billion to resolve a U.S. government investigation into shoddy mortgage-backed securities the bank sold in the run-up to the 2008 financial crisis in a settlement set to be announced on Monday, sources said.

  • Newark, N.J. July 12- Actor and comedian Tracy Morgan was released from a rehabilitation center to finish his recovery at home from a New Jersey crash in June that left him critically injured and killed a fellow passenger, his spokesman said on Saturday.

  • ATLANTIC CITY, N.J., July 10- After 19 years working as a cook at Atlantic City's Showboat Casino, Dave Rose is counting the weeks until he and about 2,000 fellow workers lose their jobs when the casino is shuttered at the end of the summer.

  • ATLANTIC CITY, N.J., July 10- After 19 years working as a cook at Atlantic City's Showboat Casino, Dave Rose is counting the weeks until he and about 2,000 fellow workers lose their jobs when the casino is shuttered at the end of the summer.

  • July 9- Harbinger Capital Partners has sued Dish Network Corp and its chairman, Charles Ergen, for at least $1.5 billion, accusing them of trying to strip the hedge fund of its control of bankrupt wireless company LightSquared. The lawsuit, filed in a Colorado federal court on Tuesday, said Ergen had engaged in fraud and violated a federal anti-racketeering law.

  • The insurers said the asbestos personal injury or PI trust set up during the 2008 bankruptcy of T H Agriculture& Nutrition LLC, a unit of Philips Electronics North America Corp, had been paying substantially more claims than originally forecast.