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  • A timeline of Atlantic City's Revel Casino Hotel Monday, 1 Sep 2014 | 2:31 AM ET

    September 2007: Revel Entertainment and partner Morgan Stanley file plans for a new casino and 3,800 hotel rooms. July 31, 2008: A plane crash in Minnesota kills three executives of Revel Entertainment and its builder, Tishman Construction.

  • Revel starts shutdown Monday after just 2 years Monday, 1 Sep 2014 | 2:24 AM ET

    ATLANTIC CITY, N.J.— The most spectacular and costly failure in Atlantic City's 36- year history of casino gambling begins to play out Monday when the $2.4 billion Revel Casino Hotel empties its hotel. Revel will be the second of three Atlantic City casinos to close in a two-week span.

  • Bad weather shuts down concerts, delays flights Monday, 1 Sep 2014 | 12:15 AM ET

    PHILADELPHIA— Severe thunderstorms across the Northeast on Sunday slowed operations at airports, wreaked havoc at outdoor sporting and musical events in New York and Philadelphia and sent people scurrying from a beach after three men were struck by lightning.

  • Bad weather shuts down concerts, delays flights Sunday, 31 Aug 2014 | 6:55 PM ET

    PHILADELPHIA— Severe thunderstorms across the Northeast on Sunday slowed operations at airports, wreaked havoc at outdoor sporting and musical events in New York and Philadelphia and sent people scurrying from a beach after three men were struck by lightning.

  • Tesla Motors dealing as states play factory poker Sunday, 31 Aug 2014 | 12:45 PM ET

    LOS ANGELES— From the start, little has been typical about Tesla Motors' plan for a $5 billion factory to make batteries for a new generation of electric cars. This spring, Tesla CEO Elon Musk announced that Tesla would take the extremely unusual step of spending millions to prepare sites in two states— or perhaps even three— before the finalist was chosen.

  • Scale will matter for success of New York casinos Sunday, 31 Aug 2014 | 10:07 AM ET

    Casinos are closing in Atlantic City, while new ones are opening in Maryland and Massachusetts.

  • Showboat closes after 27 years in Atlantic City Sunday, 31 Aug 2014 | 3:04 AM ET

    ATLANTIC CITY, N.J.— The show is over for the Showboat Casino Hotel. It was one of three casinos closing within the next two weeks as Atlantic City deals with the impact of increasing competition from casinos in neighboring states. There are too many jobs being pushed out of Atlantic City due to corporate greed. "

  • A history of casino revenue, jobs in Atlantic City Saturday, 30 Aug 2014 | 8:58 AM ET

    Here is a look at how gambling revenue and employment have changed since casinos launched in Atlantic City in 1978:. Dec. 29, 1979: Bally's Atlantic City opens. Aug. 13, 1980: Sands Casino Hotel opens.

  • Here's what happens when a casino closes down Saturday, 30 Aug 2014 | 8:55 AM ET

    ATLANTIC CITY, N.J.— When a casino shuts down, making an announcement over the loudspeaker and herding gamblers off the casino floor is only the beginning. Casino security, supervised by inspectors from the state Division of Gaming Enforcement and backed by state police, immediately secure the money and gambling chips from each table game and slot machine.

  • Atlantic City losing 2 casinos, 5K jobs in 3 days Saturday, 30 Aug 2014 | 8:49 AM ET

    ATLANTIC CITY, N.J.— A time few could imagine during the not-too-distant glory days of casino gambling has arrived in Atlantic City, where two casinos will close this weekend and a third will shut down in two weeks. What makes it even tougher to swallow is that the Showboat— one of four Atlantic City casinos owned by Caesars Entertainment— is still turning a profit.

  • 50-state look at how Common Core playing out in US Saturday, 30 Aug 2014 | 8:35 AM ET

    The repeal movement drew support from tea party groups, but Senate President Pro Tem Del Marsh, a Republican, blocked the bills with the support of one of the state's most powerful business groups, the Business Council of Alabama.

  • Casino hostess banned from contact with ex-clients Friday, 29 Aug 2014 | 5:02 PM ET

    BALTIMORE— Casino hostess Helena Wong isn't having much luck. On Friday, a federal judge slapped the VIP hostess at the brand new Horseshoe Casino in Baltimore with a preliminary injunction barring her from contacting a list of clients she collected at her last job, at the Maryland Live Casino in Hanover.

  • *Trading volumes light ahead of Labor Day holiday. NEW YORK, Aug 29- U.S. stocks closed out a strong month on a quiet note on Friday, with the S&P 500 posting a modest gain to close at a new record as the latest positive data helped extend a rally that had been briefly threatened by overseas concerns.

  • Shares of United Therapeutics closed up $26.14 at $117.83 on the Nasdaq, boosting the company's market value by about $1.24 billion to $5.57 billion.

  • In afternoon trading, United Therapeutics' shares were up $24.56, or 26.8 percent, at $116.25, after earlier rising as much as 28.7 percent to a record $118.00.

  • Aug 29- Four Atlantic City casinos are closing this year, but not all of their gamblers will return to visit eight others that have survived in the down-on-its-luck New Jersey resort. The casinos remaining open in Atlantic City are likely, however, to garner about 60 percent of the revenues that had been generated by the four closing casinos, Bumazhny said.

  • NEW YORK, Aug 29- U.S. stocks were slightly lower on Friday, with investors finding few reasons to extend a long-running rally, even as the latest economic data joined the trend of better-than-expected reports on the economy.

  • Firm: Atlantic City losing 3 casinos, not business Friday, 29 Aug 2014 | 10:05 AM ET

    ATLANTIC CITY, N.J.— A Wall Street firm predicted Friday that much of the revenue generated by three Atlantic City casinos that are closing will remain in the city after they're gone. It also said it does not see any more casinos closing in Atlantic City for at least the next two years.

  • Sandy recovery, sun boost Jersey shore business Friday, 29 Aug 2014 | 8:37 AM ET

    BELMAR, N.J.— Good weather and greater awareness that the Jersey shore has made huge strides in recovering from Superstorm Sandy helped make the second summer after the storm better than the first one, many merchants and elected officials say. "This summer was great," said Matt Riccelli, who manages Gee Gee's restaurants on the Manasquan beachfront.

  • Aug 28- Johnson& Johnson plans to seek a buyer for its medical device maker business, Cordis Corp, The Wall Street Journal reported citing people familiar with the matter. Earlier this year, J&J sold another of its units, Ortho-Clinical Diagnostics Inc to private-equity firm Carlyle Group for $4.15 billion.