New Jersey residents pay the most for auto repairs, with CNBC's Brian Sullivan; and a look at big bets in casino stocks, with CNBC's Josh Lipton.» Read More
NEW YORK, May 28- U.S. single-family home prices rose in March, racking up their best annual gain in nearly seven years in a further sign that the strengthening housing recovery is providing a source of support for the economy, a closely watched survey showed on Tuesday. Prices in Phoenix continued their sharp ascent, rising 22.5 percent from a year earlier.
LOS ANGELES, May 22- Caesars Entertainment Group said it plans to go live this summer with an online poker site in Nevada, the only U.S. state so far to offer legal Internet gambling, and will promote the nascent service to thousands of poker players at its World Series of Poker tournament in Las Vegas starting May 29.
Zinio's magazine reading app has been around for a dozen years. But a new version, exclusively for Nokia's Lumia Windows Phone 8, makes the most of the phone's capabilities.
May 17- New Jersey announced another step on Friday that will bring it closer to launching online gambling, with plans to publish proposed regulations for Internet wagering on June 3.
May 14- Billionaire investor Daniel Loeb likely faces an uphill battle to convince Sony Corp to embrace his proposal to spin off its entertainment arm, but he likely already holds a winning hand in his bet on the Japanese electronics giant. Loeb and investors in his hedge fund Third Point Offshore are already reaping the benefits of a well-timed move into Japan.
NEW YORK/ WASHINGTON, May 12- When David Pendery, a corporate public relations specialist, decided to move his family from Colorado to Illinois this year for work, his biggest worry was whether he would be able to sell his home quickly. It took just three days.
LAS VEGAS, May 10- In Las Vegas this week, hedge fund investors rubbed shoulders with big-name managers, Hollywood heavies and political swells against a Bellagio hotel backdrop of glitz and gambling.
JERUSALEM, May 10- He was once celebrated for his vast fortune and daring deals, but when Israeli tycoon Nochi Dankner was about to catch a break from the bank on his massive debts, public outrage kicked in.
NEW YORK, May 9- Three long-time favorites of the short-selling crowd are making those investors eat crow, as Tesla, Barnes& Noble and Green Mountain Coffee are racking up big gains, making an already painful year for contrarian investors even worse. Barnes& Noble shares rose 24 percent on reports of a possible acquisition of some of its assets by Microsoft.
NEW YORK, May 7- Hedge fund billionaire John Paulson is emerging as one of the biggest losers in this year's gold rout, further tarnishing his once legendary status in the $2 trillion hedge fund industry. Assets under management at his Paulson& Co firm have dropped to $18 billion, down from $38 billion in early 2011, due to investor redemptions and poor performance.
LOS ANGELES, May 1- Casino operator Las Vegas Sands Corp, owned by billionaire Sheldon Adelson, on Wednesday posted better-than- expected first-quarter earnings, helped by good results in Macau and Singapore, and its shares rose. "For me the big surprise was Singapore and its VIP business, which was very strong," said John Kempf, an analyst with RBC Capital Markets.
Nevada has become the first state to legalize online poker play for residents of legal age. Many other states will follow suit if sites such as UltimatePoker.com prove successful.
NEW YORK, April 30- If you were thinking of inviting Marissa Anwar to your wedding, you might want to save the postage. It is just that the 29- year-old operations consultant from Waterloo, Ontario, is tapped out. It added up to spending $7,000 on everything from gifts to travel, from bridal showers to bachelorette parties.
NEW YORK, April 30- U.S. single-family home prices rose more than expected in February, racking up their best annual rise since May 2006 in a fresh sign the housing recovery remains on track, a closely watched survey showed on Tuesday.
MACAU, April 30- With little fanfare, China is sending an official with a' tough cop' reputation to be its top man in Macau, the world's biggest gambling hub, as Beijing puts tackling corruption centre stage.
CHICAGO/ SAN FRANCISCO, April 29- A corrupt data file that disrupted the Chicago Board Options Exchange's ability to telegraph what contracts could be traded led to the market's half-day outage last Thursday, according to an options data provider briefed by a CBOE staff member.
*First-quarter FFO $2.05 vs Wall Street $2.01. NEW YORK, April 26- Simon Property Group Inc, the largest owner of U.S. malls, has little interest in buying department store space from retailers and leasing it back, a senior executive said on Friday, a stance that may limit options for cash-strapped J.C. Penney Co Inc..
NEW YORK, April 26- Simon Property Group Inc said a key earnings measure rose 14.4 percent in the first quarter, helped by higher rents and sales at its malls and outlet centers, prompting the company to raise its forecast for the year.
TOKYO, April 26- Japanese regulators have stripped U.S.-based MRI International Inc of its registration as an asset manager and may pursue criminal charges against the firm, accusing it of mismanaging client funds and falsifying reports.
TOKYO, April 26- Japan's securities watchdog is investigating a U.S.-based investment company on suspicion that it falsified performance reports and could not account for the bulk of its $1.4 billion in disclosed funds, a source with knowledge of the probe said.