Top News & Analysis Las Vegas

  • Sept 8- Ford Motor Co lowered its 2016 adjusted pre-tax profit forecast to $10.2 billion from the at least $10.8 billion it forecast in July because of a $640 million charge for an expanded vehicle recall, the company said on Thursday. "With this expanded, we now expect our 2016 total company adjusted pre-tax profit to be about $10.2 billion. We continue to expect...

  • Sept 8- Ford Motor Co lowered its 2016 adjusted pre-tax profit forecast to $10.2 billion from the at least $10.8 billion it forecast in July because of a $640 million charge for an expanded vehicle recall, the company said on Thursday. "With this expanded, we now expect our 2016 total company adjusted pre-tax profit to be about $10.2 billion. We continue to expect...

  • HONG KONG, Sept 1- Macau, the world's biggest casino hub, posted a 1.1 percent rise in gambling revenue in August, the first positive monthly year-over-year growth in more than two years, after the opening of Wynn Macau's $4 billion resort in the southern Chinese territory. Macau, the only place in China where casino gambling is legal, is set for another multibillion...

  • CHICAGO, Aug 30- A federal judge on Tuesday gave Caesars Entertainment Corp a five-week shield from $13 billion in lawsuits, capping a week of frantic court hearings as the casino group struggles to salvage a high-stakes debt-cutting plan for its bankrupt subsidiary. Judge Robert Gettleman said at an emergency court hearing in Chicago that he will decide on...

  • Shares of Caesars had plummeted on Monday after a federal judge in Chicago ruled the company must face lawsuits seeking up to $11 billion. That ruling had opened the door to the U.S. District Court hearing on Tuesday in New York. That was prompted by a ruling late on Monday at an emergency hearing with a federal judge in Chicago, who issued a two-week stay of...

  • CHICAGO, Aug 26- Caesars Entertainment Corp must face lawsuits from bondholders seeking some $11 billion in claims, a U.S. judge ruled on Friday in a decision the casino company had warned could plunge it into bankruptcy alongside its operating unit. A current injunction expires on Aug. 29, a day before Caesars faces a potential ruling in New York on lawsuits from...

  • Mobileye, a key supplier of vision-based sensing systems, and Delphi, a provider of automotive safety systems, said they plan to begin testing a jointly developed turn-key system for self-driving cars early next year. The Mobileye/ Delphi alliance is the latest in a series of partnerships aimed at speeding deployment of automated driving systems.

  • Automakers and technology firms are striking new alliances to commercialize self-driving cars after being caught off guard by Silicon Valley companies such as Alphabet Inc, Tesla Motors Inc and Apple Inc, which have invested millions of dollars in the technology. Delphi and Mobileye said they will demonstrate their autonomous driving system in urban and...

  • Conor McGregor arrives at a UFC 202 mixed martial arts news conference, Thursday, July 7, 2016, in Las Vegas. McGregor is scheduled to fight Nate Diaz at UFC 202 in Las Vegas.

    Conor McGregor is still the favorite in Saturday's rematch versus Nate Diaz at UFC 202. For all his new-found calm, tempers flared again this week.

  • Olympic betting in full swing

    CNBC's Andrew Ross Sorkin takes a look at beating the odds in Vegas on the Olympics games.

  • Wynn Casinos PKG

    Wynn Resorts' Chairman Steve Wynn says the non-gaming entertainment will differentiate his resorts and attract visitors.

  • Macau Gaming

    After China's anti-corruption drive, we can expect regulations to favor the mass market gaming segment, says Union Gaming Group MD Grant Govertsen.

  • *Wynn Palace most expensive Macau resort yet. *Wynn says Macau becoming "normalized". MACAU, Aug 17- U.S. casino tycoon Steve Wynn's newest pleasure palace in Macau boasts massive dancing fountains but the Chinese territory is anything but bubbly as it prepares to welcome the $4 billion resort to its struggling glitter strip next week.

  • *Wynn Palace most expensive Macau resort yet. MACAU, Aug 17- U.S. casino tycoon Steve Wynn's newest pleasure palace in Macau boasts massive dancing fountains but the Chinese territory is anything but bubbly as it prepares to welcome the $4 billion resort to its struggling glitter strip next week. Casino bosses are upbeat, saying the new resorts on the Cotai strip...

  • Top Cities to start businesses

    CNBC ranks the emerging hot spots for small businesses based on their tax and regulatory climate, low cost of living and skilled workforce.

  • Tony Hsieh, CEO of Zappos

    After spending $350 million to revitalize downtown Las Vegas, Zappos CEO Tony Hsieh reveals what he wishes he'd done differently.

  • Refurbished neon signs brighten up the once blighted Fremont St. in downtown Las Vegas where Zappos.com CEO Tony Hsieh has contributed $350 million for redevelopment.

    The best metric of success is the number of serendipitous encounters between people of different backgrounds, says Zappos CEO Tony Hsieh, reflecting on his $350 million investment in the revitalization of recession-hit downtown Las Vegas, nearly five years into the project.

  • Store attendants help customers at an Apple store

    Apple said it plans to offer rewards of up to $200,000 to researchers who find critical security bugs in its products.

  • The contest was sponsored by DARPA, or the Defense Advanced Research Projects Agency, the U.S. military laboratory credited with creating the Internet. DARPA spent $55 million on the effort, which it dubbed the first "capture the flag" hacking contest played solely by computers. DARPA program director Mike Walker said the seven machines succeeded in...

  • The event, known as the Cyber Grand Challenge, concluded Thursday evening in a Las Vegas convention center ballroom after a digital battle among software programs running on seven supercomputers on a stage in a Las Vegas ballroom. The hacking competition was sponsored by DARPA, or the Defense Advanced Research Projects Agency, the U.S. military laboratory...