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  • NEW YORK, June 23- Federal prosecutors in Manhattan are pursuing insider trading cases on a pace not seen since 2012- before a major appellate ruling limited their ability to bring charges against hedge fund managers and other traders. Since May alone, those charged include famed Las Vegas sports gambler William "Billy" Walters and hedge fund manager Sanjay...

  • Michael Steven Sandford, a 19-year-old British national, was arrested at the Treasure Island hotel in Las Vegas.

  • The bankruptcy of the operating unit, Caesars Entertainment Operating Corp, in January 2015 has pitted some of the most aggressive investors on Wall Street against each other. Several hedge funds that own bonds are suing the Caesars parent in New York and Delaware, alleging it reneged on guarantees from bonds issued by CEOC prior to the unit's $18 billion...

  • NEW YORK, June 13- The U.S. Supreme Court on Monday said federal judges should have more discretion to boost penalties in patent infringement cases and ordered an appeals court to review whether Zimmer Biomet Holdings Inc willfully violated Stryker Corp patents on a surgical cleaning wand. In a unanimous opinion, the high court also ordered the appeals court in...

  • NEW YORK, June 13- The U.S. Supreme Court on Monday said federal judges should have more discretion to boost penalties in patent infringement cases and ordered an appeals court to review whether Zimmer Biomet Holdings Inc willfully violated Stryker Corp patents on a surgical cleaning wand. In a unanimous opinion, the high court also ordered the appeals court in...

  • June 8- XpressWest, the private U.S. firm proposing to build a high-speed rail link between Las Vegas and Los Angeles, terminated a joint venture with Chinese companies less than nine months after the deal was announced, citing delays faced by its partner. Las Vegas- based XpressWest said the decision to end the relationship stemmed from problems with "timely...

  • June 8- XpressWest, the private company proposing to build a high-speed rail line between Las Vegas and Los Angeles, announced Wednesday that it had terminated its joint venture with China Railway International, less than nine months after the deal was announced. Las Vegas- based XpressWest said the decision to terminate its relationship with the consortium...

  • SINGAPORE, June 6- A former top U.S. intelligence official on cyber security has warned that government investigators may never be able to ascertain who carried out a cyber heist that led to the theft of $81 million from Bangladesh's central bank in February. Sean Kanuck, who was the most senior official in charge of cyber security at the Office of the Director of...

  • BRUSSELS, June 3- International diamond producers on Friday unveiled a new marketing slogan "Real is Rare" to reach out to a younger generation of buyers, although major producer De Beers says diamonds will always be forever. But last year the Diamond Producers' Association, which groups producers such as De Beers, part of Anglo American, and Rio Tinto, was set up to...

  • Bet on casino stocks?

    Adam Trivison, Gabelli & Company, and Harry Curtis, Nomura Securities, discuss investing in casino stocks in Macau and Las Vegas, and "Fast Money" trader Guy Adami weighs in.

  • Sales at companies offering gourmet or "better burgers," which typically use fresh meat rather than frozen and often include exotic ingredients, jumped 15 percent last year over 2014 to $5 billion, according to Technomic, a research firm based in Chicago, home of the world's largest livestock futures trading market. While that is still a small part of the $80...

  • Ultimate designer mansion on Enclave Court

    CNBC’s Robert Frank goes inside a $22 million mansion in Las Vegas.

  • *Macau unit says parent reached confidential settlement. HONG KONG, June 1- Sands China Ltd, the Macau casino company controlled by U.S. billionaire and prominent Republican donor Sheldon Adelson, said its parent Las Vegas Sands Corp has settled with a former chief executive, bringing an end to a near six-year legal battle. Steve Jacobs, who led Sands' Macau...

  • Mojave Desert.

    NOAA's Climate Prediction Center estimates how much above average temperatures are going to be over historical summers.

  • Wynn Resorts plans a water park, despite Nevada drought

    A Las Vegas casino operator is proposing a development anchored by a 38-acre man-made lake.

  • Wynn Resorts Chairman and CEO Steve Wynn.

    The Las Vegas casino magnate is proposing an extravagant water paradise in drought-stricken Nevada.

  • MANILA, May 24- More than three months have passed since $81 million was stolen in a brazen cyber-heist from Bangladesh's central bank and sent to Manila- yet authorities in the Philippines appear no closer to nabbing those who laundered most of the money through a bank and casinos here. Several official and private investigators said they had hoped to make...

  • NEW YORK, May 19- U.S. authorities on Thursday charged a former chairman of Dean Foods Co and a professional Las Vegas gambler with engaging in an insider trading scheme that netted more than $40 million and included a tip that benefited professional golfer Phil Mickelson. William "Billy" Walters, who has built a multimillion-dollar fortune as a famed Las Vegas...

  • NEW YORK, May 19- A lawyer for Carl Icahn said on Thursday that the billionaire activist investor was never accused of any wrongdoing as part of an insider trading probe that involved the former chairman of Dean Foods Co, Las Vegas betting legend William "Billy" Walters and famed golfer Phil Mickelson. Icahn has never been accused of any wrongdoing and as he has said...

  • NEW YORK, May 19- In the month since Prince died and his heirs began wrangling over his estimated $300- plus million estate, many Americans have moved "draft a will"- arguably one of life's most unpleasant tasks- to the top of their to-do lists. Since then, Nolo.com, a legal information site, saw a 24 percent spike in sales for its downloadable WillMaker service, 42 percent...