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Nevada

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  • Sandoval is seeking to extend or raise $1.1 billion in taxes over the next two years to fund his $7.4 billion budget plan. The three-part plan raises the business license fee from $200 to a flat $500 for corporations and $300 for other business entities. It applies to businesses that make more than $3.5 million in Nevada revenue over a year.

  • LAS VEGAS— Federal prosecutors in Nevada have added a conspiracy allegation and re-filed Internet bookmaking charges against a Malaysian businessman who won a recent court ruling that his rights were violated in an FBI search of his Las Vegas Strip hotel suite. Phua remains in Las Vegas under house arrest after posting $2 million cash bond and surrendering a...

  • The Las Vegas Strip hotel-casino that once hosted Frank Sinatra, Liberace and other big-name performers closed May 4, and a liquidation sale opened to the public there Thursday. The Riviera Hotel and Casino's new owners— the Las Vegas Convention and Visitors Authority— plan to demolish the 60- year-old building by year's end and replace it with an expanded...

  • Why Ted Cruz is wowing some of Wall Street's money-men Thursday, 14 May 2015 | 1:00 AM ET

    NEW YORK, May 14- Presidential candidate Ted Cruz, a Tea Party favorite and leading figure in the 2013 government shutdown that rattled investors, isn't the kind of politician who usually wins a lot of friends among Wall Street campaign donors. Despite the uncompromising rhetoric, Cruz is winning praise from some potential Wall Street donors, including bankers...

  • *First-qtr profit $0.56/ shr vs est $0.62. May 13- Macy's Inc forecast a lower second-quarter profit as it marks down merchandise received late due to a strike at West Coast ports and foreign tourists spend less as the dollar stays strong. Macy's, which operates the upscale Bloomingdale's chain as well as its namesake stores, said first-quarter profit and sales...

  • The strong dollar has crimped spending by overseas visitors at Macy's stores in big cities like New York, Las Vegas and Chicago. The company said bad winter weather and a slowdown at West Coast ports also hurt sales. Macy's huge flagship stores, such as the iconic store on New York's 34th Street and the former Marshall Field's flagship on Chicago's State Street,...

  • US Senate agrees to open debate on Obama's trade agenda Wednesday, 13 May 2015 | 1:38 AM ET

    WASHINGTON— Senators of both parties worked Wednesday to revive trade legislation that's a top priority for President Barack Obama, a day after Obama's fellow Democrats repudiated him nearly unanimously on the issue. Despite intense lobbying by Obama, every Democratic senator except one, Delaware's Tom Carper, voted on Tuesday against moving forward on the...

  • LOS ANGELES, May 12- The "Fight of the Century" between boxing greats Floyd Mayweather Jr. and Manny Pacquiao generated record pay-per-view revenue in the United States of $400 million from 4.4 million buys, cable networks Showtime and HBO said on Tuesday. The Mayweather-Pacquiao fight was co-produced and co-distributed by Showtime, a unit of CBS Corp, and Time...

  • LAS VEGAS— Caesars Palace could face paying between $12 million and $20 million worth of fines stemming from a federal investigation into how the casino prevents or detects money laundering. Officials with Las Vegas- based Caesars Entertainment Corp. met with the federal agencies involved in the investigation on April 29 when settlement proposals were...

  • "People need to see more money in their paychecks before they'll take the plunge into homeownership," said Greg McBride, chief financial analyst at Bankrate. Amy Arnold and her husband began looking at listings in Denver late last year. For now, the couple has decided to keep renting a two-bedroom, one-bath house for $1,300 a month, hoping to have more money and find a...

  • LOS ANGELES— The self-driving cars that Google Inc. has been testing on California's roads and highways were involved in 11 minor accidents over the past six years, according to the tech giant. The company released the number Monday after The Associated Press reported that Google had notified California of three collisions involving its self-driving cars...

  • Blue Earth reports 1Q loss Monday, 11 May 2015 | 4:51 PM ET

    HENDERSON, Nev. _ Blue Earth Inc. on Monday reported a loss of $6.3 million in its first quarter. The Henderson, Nevada- based company said it had a loss of 7 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Eldorado Resorts reports 1Q loss Monday, 11 May 2015 | 4:30 PM ET

    RENO, Nev. _ Eldorado Resorts Inc. on Monday reported a loss of $6.2 million in its first quarter. Eldorado Resorts shares have increased 75 percent since the beginning of the year. Keywords: Eldorado Resorts, Earnings Report.

  • Hooters Casino Hotel sold for $70 million Monday, 11 May 2015 | 3:48 PM ET

    LAS VEGAS— A real estate broker representing the owners of the Hooters Casino Hotel said the property near the Las Vegas Strip has sold for about $70 million to a New York- based hotel investment company. Michael Parks with CBRE Group in Las Vegas confirmed Monday the 696- room casino-hotel off Tropicana Avenue was sold May 1 to Trinity Hotel Investors LLC.

  • CLIVE, Utah— In a barren landscape of scrub just off a major Utah highway, a 10- foot-deep pit the size of about 75 football fields could soon house a kind of nuclear waste that grows more radioactive for 2 million years. EnergySolutions' plan to bring up to 700,000 metric tons of depleted uranium to Utah from a federal stockpile has been on hold through six years of...

  • NEW CUYAMA, Calif.— Nestled between mountains 60 miles from the nearest city, students at rural California's Cuyama Valley High School use Internet connections about one-tenth the minimum speed recommended for the modern U.S. classroom. New Cuyama has no access to fiber optic cables. Across the country, school districts in rural areas like New Cuyama and other...

  • LOS ANGELES— A small fleet of self-driving cars is maneuvering through traffic in California using an array of sensors and computing power. Since September, the seven companies permitted to test the cars on public roads have been required to report any collisions to the state Department of Motor Vehicles. Audi, Mercedes-Benz and Nissan have three vehicles...

  • LOS ANGELES— Google Inc. revealed Monday that its self-driving cars have been in 11 minor traffic accidents since it began experimenting with the technology six years ago. The company released the number after The Associated Press reported that Google had notified California of three collisions involving its self-driving cars since September, when...

  • "I don't think it is going to happen until 2016," said Anthony Scaramucci, founder of investment firm SkyBridge Capital and host of the three-day conference in Las Vegas. "I was in the camp that they would go in the first half of this year, but that has been pushed way back, back into the first half of 2016," said Lee Partridge, chief investment officer of asset management...

  • LAS VEGAS, May 6- Hedge fund mogul Daniel Loeb on Wednesday took aim at the " Oracle of Omaha," calling beloved billionaire Warren Buffett a hypocrite. He criticizes activists but he was the first activist, "Loeb, who runs $17.5 billion hedge fund Third Point, said about Buffett who has been running conglomerate Berkshire Hathaway for 50 years. Loeb, known in investment...