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  • Senator Rand Paul accused his fellow Republicans on Tuesday of contributing to Washington's dysfunction, launching a 2016 White House bid with a vow to shatter the status quo and defend individual freedoms. He cast himself as an anti-establishment reformer who could break partisan gridlock and win new converts to the party, saying his fellow Republicans...

  • Senator Rand Paul promised to be a different kind of Republican on Tuesday, launching a 2016 White House bid by saying he would stand up for individual freedoms that are being trampled by "the Washington machine." The first-term senator from Kentucky, a libertarian with a reputation for challenging party orthodoxy, criticized Republicans in Congress and the...

  • CEO: Pollo Loco's key for success is ... Tuesday, 7 Apr 2015 | 2:20 PM ET
    El Pollo Loco restaurant

    El Pollo Loco CEO Steve Sather says this has been the key to the company's recent success.

  • April 1- A U.S. judge on Wednesday issued an order temporarily blocking Allegiant Air pilots from striking after they announced a Thursday walkout. Allegiant sued the pilots union in U.S. District Court in Las Vegas on Monday, saying it had violated the Railway Labor Act by moving to strike before the parties had exerted every effort to settle their disputes.

  • Harry Reid wants Senate deputies to 'just relax' Wednesday, 1 Apr 2015 | 5:42 PM ET
    Senate Minority Leader Harry Reid, D-Nev., center, listens to a question during a news conference on Capitol Hill with, from left, Sen. Patty Murray, D-Wash., Sen. Dick Durbin, D-Ill., and Sen. Charles Schumer, D-N.Y., in Washington, Feb. 24, 2015.

    Harry Reid wants his deputies to "just relax" in their dispute over leadership posts after his retirement, reports John Harwood.

  • NEW YORK, March 27- A former JetBlue Airways Corp pilot whose midair meltdown forced an emergency landing of a 2012 flight on Friday sued the carrier for $14.9 million, saying it should have grounded him because it knew he was incapable of flying. Clayton Osbon, 52, filed his lawsuit in Manhattan federal court three days after the crash of a Germanwings plane in the...

  • JetBlue sued by ex-pilot who had midair meltdown Friday, 27 Mar 2015 | 5:24 PM ET

    NEW YORK, March 27- A former JetBlue Airways Corp pilot whose midair meltdown forced an emergency landing of a 2012 flight on Friday sued the carrier for $14.9 million, saying it should have grounded him because it knew he was incapable of flying. Clayton Osbon, 52, filed his lawsuit in Manhattan federal court three days after the crash of a Germanwings plane in the...

  • Who'll take the reins from Harry Reid? Friday, 27 Mar 2015 | 12:43 PM ET
    Sen. Harry Reid, D-Nevada, speaks during a press conference on Capitol Hill on March 17, 2015.

    Who is favored to succeed the Senate minority leader and why? Politico's Ben White answers.

  • TALLAHASSEE, Fla., March 26- A bill to create two casino gambling "destination resorts" in south Florida divided the Republican-controlled statehouse on Thursday, with the expansion of craps, slot machines and high-stakes gaming opposed by family-oriented tourist attractions. Proponents argue that Florida is losing billions in tourism revenue to Caribbean...

  • Wynn's ex-wife fights to win casino board re-election Wednesday, 25 Mar 2015 | 9:40 AM ET
    Elaine P. Wynn became a billionaire with her stake in Wynn Resorts.

    The Wynn company says Elaine P. Wynn should be rejected because she is "self-serving" and "ineffective", reports the New York Times.

  • CHICAGO, March 19- Drought pressures will increase in California and western areas of the United States this spring even as the dry season begins, the government's Climate Prediction Center said on Thursday. Drought is forecast to persist in California, Nevada, and Oregon through June with the onset of the dry season in April. "I see nothing that would indicate...

  • WASHINGTON, March 19- Foreclosure activity in the United States fell last month to the lowest rate in nearly nine years as banks started the process on fewer homes and scheduled fewer auctions than in the previous month, industry firm RealtyTrac said on Thursday. A total of 101,938 properties across the United States were at some stage of the foreclosure...

  • LOS ANGELES, March 13- Chinese automaker BYD Co Ltd, backed by Warren Buffett's Berkshire Hathaway Inc, aims to triple its production of batteries as it takes on Tesla Motors in the race to supply electric vehicles and boost energy storage. That means BYD could ramp up from 10 GWh capacity at the end of this year to about 34 GWh of batteries by the beginning of 2020....

  • March 12- A U.S. bankruptcy judge on Thursday ordered an independent examiner to investigate transactions by the operating unit of Caesars Entertainment Corp, which filed for Chapter 11 this year. Creditors have alleged that the operating unit is unable to pay its debts because the parent company looted it for the benefit of its controlling private equity...

  • Mafia thrives on Italy's legalised gambling addiction Wednesday, 11 Mar 2015 | 1:02 PM ET

    *A decade after legalisation, Italy has some 400,000 slots. ROME, March 11- Legalising gambling in Italy was supposed to help curb the mafia. About half of that is poured into 400,000 video slot machines, twice as many as in U.S. gambling capital Nevada, which have become ubiquitous in the espresso bars where Italians stop several times a day for coffee, sandwiches and...

  • DETROIT, March 6- Tesla Motor Inc said on Friday that construction of its giant $5 billion battery plant in Nevada remains on schedule despite a newspaper report saying the electric carmaker's project was delayed. The Reno Gazette-Journal earlier on Friday reported a project delay at the site, citing two union job postings. A national job board for the...

  • HONG KONG, Mar 3- Gambling revenue in Macau, the world's biggest gaming hub, plunged by a record 49 percent in February, as wealthy players shied away from China's only legal casino hub following the economic slowdown and Beijing's crackdown on conspicuous spending. Revenue fell for the ninth consecutive month to 19.5 billion patacas in February, from 38 billion...

  • SINGAPORE/ MANILA, March 2- More than three years after opening ultra-luxe nightclub Pangaea in Singapore's glitzy Marina Bay Sands, owner Michael Van Cleef Ault is now betting that Manila's casinos will be able to draw rich punters and partygoers through his doors. The increase in the number of wealthy Chinese gamblers fleeing Macau amid Beijing's...

  • CHICAGO, Feb 24- Results from Home Depot Inc and Toll Brothers Inc bode well for a continued recovery in the housing market this year, thanks largely to an improving jobs market and low gasoline prices, industry officials and analysts said. Luxury home builder Toll Brothers also lifted its full-year home delivery forecast. Private residential fixed investment...

  • Feb 19- Newmont Mining Corp, the U.S.' s largest gold producer, reported on Thursday a narrower adjusted fourth quarter profit, though earnings were stronger than expected. Adjusted net income, which excludes one-time items like non-cash write downs, was $86 million, or 17 cents a share, in the quarter ended Dec. 31, compared with $143 million, or 28 cents a share, in the...