GO
Loading...

Nevada

More

  • North Las Vegas, Nevada, facing insolvency -Fitch Thursday, 3 Apr 2014 | 6:25 PM ET

    April 3- The city of North Las Vegas is nearing insolvency and could default on some of its $436 million of outstanding debt, Fitch Ratings warned on Thursday. City Councilman Wade W. Wagner is "cautiously optimistic" that North Las Vegas will pass a balanced budget, he told Reuters.

  • WASHINGTON, April 2- General Motors Co came under withering attack for its decade-long failure to notify the public about defective parts linked to fatal crashes, as a U.S. Senate hearing opened on Wednesday with accusations that the company fostered "a culture of cover-up."

  • Hong Kong shares end at 3-week high, Tencent jumps Tuesday, 1 Apr 2014 | 4:09 AM ET

    SHANGHAI, April 1- Hong Kong shares finished up 1.3 percent on Tuesday, as a surge in gambling stocks and a rally in Tencent drove the index to its highest close in more than three weeks. Macau, a special administrative region, which pulls in more from gambling in two months than Las Vegas typically makes in a year, clocked up $4.4 billion in revenue in March.

  • HONG KONG, April 1- Macau, the world's casino capital, raked in $4.4 billion in gambling revenues in March, boosted by robust demand from Chinese visitors keen to bet in the country's only legal casino hub. Growth in Macau, a special administrative region like neighbouring Hong Kong, was up 13 percent in March, at the top end of analyst estimates of 10-13 percent.

  • Macau gambling revenue up 13 percent in March Tuesday, 1 Apr 2014 | 2:53 AM ET

    HONG KONG, April 1- Macau, the world's casino capital, raked in 35.5 billion patacas in gambling revenues in March, boosted by robust demand from Chinese visitors keen to bet in the country's only legal casino hub.

  • The hearing marked the start of one of a handful of trials in cases brought by the SEC over events leading up to the 2008 financial crisis. The SEC accuses Chau and Harding Advisory of allowing hedge fund Magnetar Capital LLC undisclosed influence over the selection of collateral for a $1.5 billion transaction called Octans I CDO Ltd..

  • DUBAI, March 31- Dubai World, the conglomerate at the centre of the emirate's debt crisis, has the means to make its first big repayment on time next year and expects to pay off more of its debt ahead of schedule, a top executive said.

  • On Wednesday, some of Adelson's allies in Congress, including South Carolina Senator Lindsey Graham, plan to propose legislation that would do just that.

  • Lockheed is developing three variations for the U.S. military services and eight partner countries that helped fund the plane's development- Britain, Australia, Italy, Turkey, the Netherlands, Denmark, Norway and Canada.

  • *Genting Singapore, Paradise also planning casino complexes. SEOUL/ HONG KONG, March 18- Caesars Entertainment Corp looks set to build its first gaming resort in Asia after South Korea granted preliminary approval for a large-scale foreigners-only casino- a key boost for a company that has largely missed out on the region's boom in gambling revenues.

  • SEOUL/ HONG KONG, March 18- South Korea gave a preliminary greenlight for a large-scale foreigners-only casino complex to a consortium that includes Caesars Entertainment Corp, seeking to draw in wealthy Chinese gamblers and their tourist dollars.

  • HONG KONG, March 14- Hong Kong billionaire Joseph Lau, the head of Chinese Estates Holdings, was found guilty of corruption in a land deal in Asia's gambling capital of Macau on Friday and sentenced to five years in jail, a court official in Macau said.

  • HONG KONG, March 14- Billionaire Joseph Lau, the head of Chinese Estates Holdings, was found guilty of bribery and money laundering in a land deal in Asia's gambling capital of Macau on Friday and sentenced to five years in jail, Hong Kong media reported.

  • New bipartisan breeze in U.S. Senate, but will it last? Wednesday, 12 Mar 2014 | 4:40 PM ET

    WASHINGTON, March 12- The normally divided U.S. Senate moved forward on Wednesday with a new, bipartisan agreement designed to ease partisan gridlock. I'm optimistic, "said Republican Senator Lamar Alexander of Tennessee.

  • MACAU, March 12- Galaxy Entertainment Group Ltd and Melco Crown Entertainment Ltd look best placed to benefit from the next phase of Macau's development as the world's gambling capital adds eight more mega-casinos by 2017..

  • MACAU, March 12- Galaxy Entertainment Group Ltd and Melco Crown Entertainment Ltd look best placed to benefit from the next phase of Macau's development as the world's gambling capital adds eight more mega-casinos by 2017..

  • SAN FRANCISCO, March 10- A U.S. appeals court ruling that significantly boosted gay rights will stand, as a pharmaceutical company involved in the case said on Monday that it would not appeal.

  • VANCOUVER/ TORONTO, March 9- Private equity firms are going underground. In the past, they have largely shunned mining acquisitions, as the volatility of commodities prices and cash flow made it difficult to structure leveraged deals.

  • SAN FRANCISCO, March 7- A few days after selling WhatsApp to Facebook for $19 billion, Jan Koum stepped into a suite at the St. Regis Hotel in San Francisco to celebrate with old friends, including CEOs, reformed hackers and a few people who fell into both those camps.

  • March 4- Caterpillar Inc's chief executive said on Tuesday several of the company's biggest markets, including China and North America, were strengthening modestly, but he warned that the global economy was largely fragile and sensitive to unexpected shocks like the crisis in Ukraine.

Most Popular Video

Thursday, 17 Apr 2014 | 2:10 AM ET

Bill McDermott, co-CEO of SAP, says cloud computing is "growing faster than everything else" in the company.

Thursday, 17 Apr 2014 | 1:50 AM ET

Edward George, head of soft commodities at Ecobank, says chocolate will become a luxury in Europe as cocoa prices shoot up.

Wednesday, 16 Apr 2014 | 11:31 PM ET

Vera Eve Lim, CFO at Bank Danamon Indonesia, explains why the lender saw a 13 percent drop in first-quarter earnings.