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  • WASHINGTON, April 1- A Florida jury handed the U.S. Securities and Exchange Commission a major victory on Wednesday, after it found an investment manager tied to the Rothstein Ponzi scheme liable for fraud. The verdict comes nearly three years after the SEC charged George Levin with defrauding investors through a feeder fund that funneled money to attorney and...

  • Lender: 'New' Revel casino bidders are full of hot air Wednesday, 1 Apr 2015 | 4:37 PM ET

    Wells Fargo& Co. wants Judge Gloria Burns to approve the sale of Revel to Glenn Straub's Polo North Country Club for $82 million on Thursday. Wells Fargo says there are no other bidders who have put money on the table for Revel and that it cannot wait any longer. But Wells Fargo says "no such bid exists.

  • Variety of fee increases in store for park visitors Wednesday, 1 Apr 2015 | 1:45 PM ET

    —Increasing the annual pass at Everglades National Park in Florida from $25 to $40 annually. —Increasing the weekly car pass at Grand Canyon National Park in Arizona from $25 to $30. —Increasing the weekly car pass at Yosemite National Park in California from $20 to $25 or $30, depending on the season.

  • Fired host Rodner Figueroa replaced by Univision Wednesday, 1 Apr 2015 | 11:23 AM ET

    MIAMI— Three weeks after Univision host Rodner Figueroa was fired for remarks he made about First Lady Michelle Obama, Carlos Calderon and Jomari Goyso were named the new hosts of "Sal y Pimienta." Figueroa was fired for saying that first lady Michelle Obama looked like part of the cast of the movie "Planet of the Apes. "Both Carlos Calderon and Jomari Goyso are...

  • When the high-speed action sequel "Furious 7" debuts this weekend, audiences at Hollywood's famous TCL Chinese Theatre will see every tire skid and fistfight in Imax's brand-new laser format. Imax's first laser projector just started operating in Toronto's Scotiabank Theatre in December. The Chinese Theatre, one of the largest Imax theaters in the world, is...

  • Iao Kun posts 4Q profit Wednesday, 1 Apr 2015 | 7:21 AM ET

    MIAMI _ Iao Kun Group Holding Co. on Wednesday reported fourth-quarter net income of $5.7 million, after reporting a loss in the same period a year earlier. The Miami- based company said it had profit of 9 cents per share. The VIP gaming room operator in Macau posted revenue of $52.3 million in the period.

  • Simon calls off $16.8B bid to create mall colossus Wednesday, 1 Apr 2015 | 6:43 AM ET

    INDIANAPOLIS— Simon Property Group is calling off its hostile $16.8 billion takeover bid for Macerich, which would have tied together two of the nation's largest mall operators. The Indianapolis company upped its bid two weeks ago to $95.50 per share from $91, calling that its best and final offer and giving Macerich an April 1 deadline to respond.

  • A look at microbrewery laws being considered nationwide Wednesday, 1 Apr 2015 | 3:42 AM ET

    Doug Ducey signed a bill Tuesday that allows microbreweries to make up to 6.2 million gallons of beer per year, removing the old limit of 1.2 million gallons. That is an issue for Arizona- based Four Peaks Brewing Company, a growing player in the industry. Wyoming lawmakers passed legislation in February allowing microbreweries to expand annual production from...

  • It takes something more audacious to sell beachfront property these days to the global ultra-wealthy who arrive in Miami with millions to spend on second or third homes. With a slew of residential and hotel developments, Miami is embracing the notion that homes, like cars, handbags and jewelry, should carry luxe designer labels. Miami is luring Argentinians,...

  • "New wave" of GMOs: pink pineapples, purple tomatoes Wednesday, 1 Apr 2015 | 12:03 AM ET

    "I think once people see more of the benefits they will become more accepting of the technology," says Michael Firko, who oversees the Agriculture Department's regulation of genetically modified organisms, or GMOs. The Agriculture Department has the authority only to oversee plant health relative to GMOs, and seeking Food and Drug Administration's safety...

  • DIARY- Top Economic Events to April 15 Tuesday, 31 Mar 2015 | 8:01 PM ET

    STONE MOUNTAIN, United States- Federal Reserve Bank of San Francisco President John Williams moderates "Policy Session 3: Financial Stability: How Essential Should Financial Stability Be to Central Banks?" before the 2015 Financial Markets Conference hosted by the Federal Reserve Bank of Atlanta- 1230 GMT. STONE MOUNTAIN, United States- Federal Reserve Bank of...

  • NEW YORK— Authorities investigating allegations of a Medicaid scam involving doctors and others in New York City recall coming across something curious in a lower floor of a clinic: stacks of shoe boxes containing cheap, off-brand sneakers, boots and sandals in a variety of sizes. Prosecutors say the footwear stockpile was further proof that the clinic was...

  • DES MOINES, Iowa— A watchdog group is accusing four potential 2016 presidential candidates of skirting federal campaign finance rules while traveling and raising money as if they were off and running. In complaints filed with the Federal Election Commission on Tuesday, the Campaign Legal Center says Florida Republican Jeb Bush, Maryland Democrat Martin...

  • March 31- John Malone-backed Charter Communications Inc said it would buy Bright House Networks in a $10.4 billion deal as it expands its cable network after losing out to Comcast Corp in a fight for Time Warner Cable Inc.. Comcast's $45.2 billion offer for Time Warner Cable last year highlighted the changing landscape of the industry. "I think it is inevitable...

  • NEW YORK— A nonprofit director who said he could help desperate parents recover children illegally taken from the United States during custody disputes was arrested Tuesday on charges accusing him of being a con man. A criminal complaint filed in federal court in Manhattan alleges Peter Senese defrauded families by charging them large fees on the false...

  • NEW YORK, March 31- U.S. consumer confidence rebounded strongly in March amid optimism over the labor market, a hopeful sign that a recent sharp slowdown in economic activity will be temporary. A combination of harsh winter weather, a now-settled labor dispute at the country's busy West Coast ports, softer global demand and a strong dollar dampened growth early...

  • A look at top car, truck speed limits across the US Tuesday, 31 Mar 2015 | 10:59 AM ET

    Nearly all truck tires have been built for a maximum sustained speed of 75 mph since the middle of last decade, when drivers across the vast majority of the U.S. were allowed to go no faster than 65 or 70 mph. But 14 states, mainly west of the Mississippi River, now have speed limits of 75, 80, even 85 mph in part of Texas. Here is a look at the top speed limits for cars in...

  • NEW YORK, March 31- Former presidential candidate Mitt Romney's legendary tax deduction for his horse may sound like the ultimate boondoggle of the super rich. That's why Patrick Beagle, a financial planner at WealthCrest in Springfield, Virginia, has four accounts for his two children. You can also "front-load" your 529 savings by making several years of...

  • ATLANTIC CITY, N.J.— A billionaire Manhattan developer and veteran New Jersey real estate executive are pursuing Atlantic City's former Revel casino, according to a court filing Tuesday. The court filing by former business tenants at the casino says Howard Milstein of New York and Carl Goldberg of New Jersey plan an $88 million bid for Revel.

  • Berkshire Hathaway buys 2 small Virginia newspapers Tuesday, 31 Mar 2015 | 9:58 AM ET

    OMAHA, Neb.— Warren Buffett's company has added two small Virginia newspapers to its collection of more than two dozen small and medium-sized newspapers. Berkshire Hathaway Media Group said Tuesday that it had acquired The Martinsville Bulletin in Martinsville and the Franklin News-Post in Rocky Mount from Haskell Newspapers. Berkshire Hathaway owns 31...