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Top News & Analysis Las Vegas

  • Travelers at some U.S. airports are being asked to place electronic devices bigger than a cellphone in separate bins so that they can be examined more closely. The Transportation Security Administration said Wednesday that it has been testing the procedure at 10 airports for more than a year, and it may be expanded nationwide. The pilot program is "an effort to...

  • ATLANTIC CITY, N.J.— Getting new customers involved in more interactive experiences is going to be a big part of the future for casinos in the United States and around the world, participants in a major gambling conference predicted Wednesday. Casino executives, digital experts and payment processors at the conference in Atlantic City agreed casinos need to...

  • Keith Rabois

    Opendoor also has become a model for a new kind of tech upstart: Call it the fat start-up. The New York Times reports.

  • The Borgata said MGM Resorts' "M life" program will replace the My Borgata Rewards program on June 7. He said the "timing couldn't be more ideal," with the recent opening MGM Resorts' new casino in Oxon Hill, Maryland, and another planned for next year in Springfield, Massachusetts. It will enable members to earn credits at 17 MGM properties in Las Vegas, Mississippi,...

  • NEW YORK— Boxed caters to millennials looking to do their bulk buying from their phones. CEO AND CO-FOUNDER: Chieh Huang. DISTRIBUTION CENTERS: Boxed operates distribution centers in Las Vegas; Atlanta; Dallas; and Union, New Jersey.

  • NEW YORK— Boxed co-founder and CEO Chieh Huang is focusing on millennials who want bulk-sized deals on items like toilet paper and peanut butter— but who can't or won't drive to warehouse stores. Items are shipped throughout the country from distribution centers in Las Vegas, Atlanta, Dallas, and Union, New Jersey, where the company is based. Huang, 35, the son of...

  • Steven Cohen, Point72 Asset Management

    The billionaire investor played craps, watched Duran Duran, gave a speech to veterans and schmoozed in Las Vegas.

  • NASHVILLE, Tenn.— After finishing a one-year prison sentence, a former West Virginia coal executive has wasted no time resuming a campaign for vindication in the deadliest U.S. mine disaster in four decades. In a phone interview Friday, ex-Massey Energy CEO Don Blankenship took up the same fight he waged before his 2015 trial: to convince people that natural gas,...

  • May 19- Trump turmoil may not be enough- it will take an aggressive Federal Reserve to bring an end to the low volatility, rising stocks party. Given the Feds track record of managing for smooth and rising financial markets as if it were an actual mandate, this is another way of saying it will be a while. This followed reports that former FBI Director James Comey, fired...

  • LAS VEGAS, May 18- Bill Ackman said on Thursday he is poised to go on a great investment run after a humiliating bet forced his hedge fund firm to return to basics. I've got something to prove, "the billionaire told a room full of hedge fund managers and investors at the annual SkyBridge Capital industry conference in Las Vegas, known as SALT. For Ackman, that setback was...

  • LAS VEGAS, May 18- Billionaire investor William Ackman, who invested with casual dining company Chipotle Mexican Grill Inc last year, said on Thursday that the company's Chief Executive Officer Steve Ells is "outstanding." Speaking at the annual SkyBridge Capital conference in Las Vegas, Ackman also said that hedge funds should deliver high returns or cut their...

  • Mallinckrodt shares hit a session low of $39.60 after the comments and were last down 3.5 percent. The U.S. Justice Department has been investigating Mallinckrodt along with other drug companies like Gilead, Valeant and Celgene for drug pricing practices. Earlier this year, Mallinckrodt agreed to pay $100 million to settle a lawsuit alleging that a company it...

  • LAS VEGAS, May 18- Billionaire investor Daniel Loeb said on Thursday that he is still making money even as the hedge fund industry struggles. Loeb, who oversees the $16 billion hedge fund firm Third Point LLC, said there are ways to earn money on mergers and acquisitions and by nudging company management to perform better. Loeb was speaking at the annual SkyBridge...

  • LAS VEGAS, May 18- Noted short-seller Jim Chanos on Thursday slammed the alliance between Express Scripts and Mallinckrodt Plc, saying their practices make drug prices excessively high. Chanos, speaking at SkyBridge Capital's SALT conference in Las Vegas, called the companies' use of third parties "a really questionable practice" and dubbed the partnership a "...

  • LAS VEGAS, May 18- Anthony Scaramucci was soaking up plenty of love this week at his high-profile hedge fund conference even as his political ambitions remained in limbo. The outspoken Wall Street figure in January agreed to sell his SkyBridge Capital LLC on the expectation of a public liaison job with U.S. The uncertainty over a White House position allowed...

  • LAS VEGAS, May 18- Hedge fund managers said they are looking beyond the United States for investment ideas as the so-called Trump bump stock market rally shows signs it may be fizzling. Credit specialists Marc Lasry of Avenue Capital and Bruce Richards of Marathon Asset Management noted the relatively calm political climate there compared to the United...

  • The plans of Malaysia- based Genting Group for the site on the Strip's northern end include a 100,000- square-foot casino, dining options of authentic Asian cuisine and retail space. "The company has really taken a look at the market in Las Vegas throughout the past couple of years, and it has really shifted to something that's much more modern."

  • LAS VEGAS, May 17- Former Federal Reserve Chairman Ben Bernanke said on Wednesday that he is "puzzled" by how little markets have reacted to major political risks, and skeptical about the Trump administration's ability to fulfill its pledges to stoke faster growth. "It puzzles me that markets are very blasé about political risk until the last minute," Bernanke...

  • WASHINGTON— The Associated Press has promoted reporters Kathleen Hennessey and Bradley Klapper to a pair of key leadership positions in its Washington bureau. Hennessey will direct coverage of the White House and the Trump administration, while Klapper will oversee AP's reporting on foreign affairs. She later joined the Washington bureau of The Los...

  • PROVIDENCE, R.I.— An elephant stretches its trunk through a window to soothe a sick child. The other closed this month, in Providence, Rhode Island, and with it, the end to a way of life few others have experienced. The Associated Press was allowed to observe it extensively.