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  • Vegas hotelier faces gambling commission scrutiny Thursday, 18 Dec 2014 | 2:14 AM ET

    LAS VEGAS— The man who started a hospitality empire with a Los Angeles nightclub and turned the Sahara Hotel and Casino on the Las Vegas Strip into a hipper, sleeker destination is facing questions for the second time this month from gambling regulators about his cocaine use and questionable business dealings. Sam Nazarian is expected to appear before the...

  • Nightlife king faces queries from gaming regulator Wednesday, 17 Dec 2014 | 8:55 PM ET

    LAS VEGAS— A Los Angeles nightlife entrepreneur who revamped Las Vegas' Sahara Hotel and Casino into a hipper, sleeker destination is getting ready to defend his past again so he can obtain a Nevada gambling license after admitting recent cocaine use and explaining his curious business dealings with felons. "What he has run into is history," said Michael Green, a...

  • Existing gambling sites in New York state Wednesday, 17 Dec 2014 | 4:58 PM ET

    A New York panel decided to recommend only three sites for upstate gambling casinos instead of four amid an increasingly saturated gambling market. Here's a look at the other sites where gamblers already can go in New York. —Empire City Casino at Yonkers Raceway, Yonkers;.

  • Xi's visit to Macau deals cold deck to VIP gamblers Wednesday, 17 Dec 2014 | 4:00 PM ET

    HONG KONG, Dec 18- As Chinese President Xi Jinping arrives in Macau this weekend for his first official visit in five years, the message from Beijing is clear: the world's biggest gambling centre cannot remain a one-industry town. China extended a crackdown on illicit money transfers into Macau, giving its Economic Crimes Investigation Bureau access to...

  • Leaked Sony emails show Loeb influence on studio execs Wednesday, 17 Dec 2014 | 3:11 PM ET

    TOKYO/ BOSTON, Dec 17- Sony Corp movie executives kept up a dialogue with hedge fund titan Daniel Loeb, even after rebuffing the billionaire investor's proposal to sell up to one-fifth of the studio's entertainment business, leaked emails show. Loeb's New York- based Third Point took a 7 percent stake in the company in May 2013 and suggested that proceeds from a...

  • AP Interview: McConnell wants to stop coal rules Wednesday, 17 Dec 2014 | 12:10 PM ET

    WASHINGTON— Incoming Senate Majority Leader Mitch McConnell, R- Ky., pledged on Wednesday to do all he can to stop President Barack Obama's coal plant regulations, saying a White House "crusade" has devastated his state's economy. McConnell takes over the Senate leadership and its new Republican majority in January. Asked if the Senate had any obligation to...

  • Nevada regulators reject tribal solar plant again Wednesday, 17 Dec 2014 | 11:35 AM ET

    LAS VEGAS— Nevada regulators on Wednesday refused a second request to waive competitive bids for utility company NV Energy to buy solar power from a proposed solar generation station on the Moapa River Paiute Indian Reservation outside Las Vegas. Proponents said they hope the company will try again, while state Bureau of Consumer Protection chief Eric...

  • Protections blocked, but sage grouse work goes on Wednesday, 17 Dec 2014 | 11:21 AM ET

    BILLINGS, Mont.— U.S. wildlife officials will decide next year whether a wide-ranging Western bird species needs protections even though Congress has blocked such protections from taking effect, Interior Secretary Sally Jewell said Wednesday. President Barack Obama signed a $1.1 trillion spending bill late Tuesday with a provision that barred money from...

  • New York panel recommends 3 upstate resort casinos Wednesday, 17 Dec 2014 | 2:00 AM ET

    The Gaming Facility Location Board chose sites in Sullivan, Schenectady and Seneca counties and decided not to recommend a fourth license amid an increasingly saturated gambling market where consumers have more options closer to home. Voters last year authorized up to four casinos in three upstate regions: the Albany- Saratoga area, the Southern...

  • 113th Congress ends with more fights than feats Wednesday, 17 Dec 2014 | 1:16 AM ET

    WASHINGTON— The tempestuous 113th Congress has limped out of Washington for the last time, capping two years of modest and infrequent legislating that was overshadowed by partisan clashes, gridlock and investigations. That was the fewest since at least 1947 and 1948, when what President Harry Truman dubbed "the do-nothing Congress" enacted over 900 laws.

  • Temporary tax breaks _ which ones affect you? Tuesday, 16 Dec 2014 | 8:23 PM ET

    Congress gave final approval Tuesday to a bill extending more than 50 expired tax breaks through the end of 2014. They include:. —A tax credit for the production of wind, solar and other renewable energy. Nine states have no tax on wages: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming.

  • Nightclub company Hakkasan to buy The Light Group Tuesday, 16 Dec 2014 | 7:00 PM ET

    Hakkasan Group, whose name is affixed to a five-story nightclub and dining experience at the MGM Grand hotel-casino, is buying The Light Group and its 22 nightclubs, day clubs and restaurants. The remaining 10 percent owned by The Light Group's founders is also part of the $36 million price tag. The purchase would add another 22 nightclubs, day clubs and...

  • Keystone pipeline to top Senate agenda next year Tuesday, 16 Dec 2014 | 3:19 PM ET

    WASHINGTON— Senate Republican Leader Mitch McConnell declared Tuesday that approving the Keystone XL pipeline will top the Senate agenda in January, potentially setting up an early veto confrontation with President Barack Obama. The $8 billion pipeline would carry oil from Canada into the United States and eventually to the Texas Gulf Coast.

  • Pact reached before trial over flawed Vegas hotel Tuesday, 16 Dec 2014 | 6:11 AM ET

    LAS VEGAS— A last-minute settlement avoided trial Tuesday in a massive civil breach-of-contract lawsuit involving casino giant MGM Resorts International and six of seven contractors on a never-opened Las Vegas Strip tower called the Harmon. Several jurors gasped when Clark County District Court Judge Elizabeth Gonzalez announced the parties reached...

  • Southwest bag workers picketing over flight delays Tuesday, 16 Dec 2014 | 4:00 AM ET

    For years, Dallas- based Southwest was the most punctual of big U.S. airlines, but it stumbled after trying to squeeze in more flights into its schedule. Southwest has also prided itself on keeping its employees happy, believing that would guarantee good service for its customers. "That recipe is kind of gone and it's profits over people and that's not acceptable,"...

  • Senate OKs nominees and tax bill as term ends Tuesday, 16 Dec 2014 | 3:17 AM ET

    WASHINGTON— The Democratic-controlled Senate confirmed the last batch of President Barack Obama's judicial appointees and sent the White House legislation extending tax breaks for working-class millions and special interests alike late Tuesday as Congress ended a tumultuous two-year run. But dozens of Obama's nominees to agency positions won...

  • *Dow Chemical to supply quantum dot material to LG. SEOUL, Dec 16- South Korea's LG Electronics Inc will launch a new range of high-tech TVs in early 2015, beefing up its line-up while it strives to cut costs that make its prized light-emitting diode sets too expensive for most consumers. A spokesman for the world's No. 2 TV maker after domestic rival Samsung...

  • SEOUL, Dec 16- LG Electronics Inc, the world's No. 2 television maker behind South Korean compatriot Samsung Electronics Co Ltd, said on Tuesday it will launch quantum dot television sets in early 2015.. Japan's Sony Corp is so far the only major TV maker selling quantum dot models. Dow is building a factory in South Korea to make quantum dot material using...

  • Senate cancels vote on Obama Social Security pick Sunday, 14 Dec 2014 | 1:03 PM ET

    Obama nominated Carolyn W. Colvin to a six-year term as commissioner in June, and Colvin's nomination cleared one procedural hurdle in the Senate Saturday. However, Senate Majority Leader Harry Reid, D- Nev., canceled an upcoming vote, making it likely Colvin won't get a vote until next year, when Republicans take control of the Senate. Colvin's nomination would...

  • Spending deal may not offer 2015 Congress road map Sunday, 14 Dec 2014 | 3:01 AM ET

    WASHINGTON— The U.S. Congress cleared a $1.1 trillion spending bill for President Barack Obama's signature after a day of Senate intrigue capped by a failed, largely symbolic Republican challenge to the administration's new immigration policy. The Senate passed the bill on a day Democrats launched a drive to confirm two dozen of Obama's stalled nominees to...