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Top News & Analysis Las Vegas

  • March 3- U.S. high-end department store chain Neiman Marcus has hired investment bank Lazard Ltd to explore ways to bolster its balance sheet as it seeks relief from $4.9 billion in debt, people familiar with the matter said on Friday. Neiman Marcus operates 42 Neiman Marcus Stores across the United States and two Bergdorf Goodman stores in Manhattan.

  • March 3- U.S. high-end department store chain Neiman Marcus has hired investment bank Lazard Ltd to explore ways to bolster its balance sheet as it seeks relief from a $4.9 billion debt pile, people familiar with the matter said on Friday. Neiman Marcus operates 42 Neiman Marcus Stores across the United States and two Bergdorf Goodman stores in Manhattan.

  • March 2- Liquidator Gordon Brothers Group won the auction on Thursday for the intellectual property of the Wet Seal LLC with a bid of $3 million, besting the $1.5 million initial offer from Canadian retailer YM Inc, people familiar with the matter said. Gordon Brothers and Versa Capital Management, the private equity owner of Wet Seal, declined to comment.

  • NEW YORK, March 2- A federal judge has rejected Las Vegas gambler William "Billy" Walters' bid to dismiss criminal insider trading charges after an FBI agent admitted to leaking details about the probe to reporters. The judge also rejected Walters' argument that the FBI agent, David Chaves, might have leaked information about other white-collar cases, and that this "...

  • NEW YORK, March 2- If you had to name just one person on Earth who is living his or her best life, David Copperfield would have to be among the finalists. Copperfield, 60, has become the world's foremost illusionist, with a show currently at Las Vegas' MGM Grand. By 10 years old, I was taking the bus to Manhattan's Port Authority, alone, and would sneak into Broadway shows and...

  • Las Vegas Sands Corp, The Venetian.

    Casino operators globally are eyeing entry into Japan, but one analyst said Japanese lawmakers may adopt Singapore's methods in limiting gambling.

  • HONG KONG, Feb 28- Macau casino operator Galaxy Entertainment Group posted a better-than-expected 51 percent rise 2016 net profit, thanks to a recovery in the world's biggest gambling hub, and forecast double-digit gaming revenue growth for this year. Galaxy, one of six listed casino operators in the Chinese territory of Macau, had been hit by sagging demand...

  • Robert Frank tries the $5,000 FleurBurger 5000 with Chef Hubert Keller.

    CNBC's Robert Frank discusses his experience tasting a $5,000 burger in Las Vegas.

  • A real estate agent shows a home to a prospective buyer in Miami.

    In local markets across the nation, there are too few listings to meet the strong buyer demand.

  • Feb 21- U.S. solar company First Solar Inc raised its 2017 sales forecast due to the timing of the sale of a major project, but said a large facility in Arizona had been canceled due to opposition to its location on tribal lands. First Solar raised its 2017 net sales forecast to $2.8 billion to $2.9 billion from $2.5 billion to $2.6 billion. First Solar said the more...

  • First Solar raised its 2017 net sales forecast to $2.8 billion- $2.9 billion from the $2.5 billion- $2.6 billion it previously forecast. The new revenue forecast allows for full revenue recognition on the Moapa project sale, located northeast of Las Vegas, Nevada, the company said. First Solar reported a net loss of $719.9 million, or $6.92 per share, for the fourth...

  • Starting this summer, you and your loved one can tie the knot at Taco Bell's flagship Cantina restaurant in Las Vegas.

  • Vegas Golden Knights is announced as the name for the Las Vegas NHL franchise

    The Golden Knights are about to show if a sport played on ice can do well in the scorching desert of Las Vegas.

  • TEL AVIV, Feb 9- Nochi Dankner, once one of Israel's most powerful businessmen who lost his business empire in the global financial crisis, has appealed to the country's supreme court against his conviction for manipulating share prices. It is expected to take several months until the Supreme Court hears the case and in the meantime Dankner will remain free, a...

  • TEL AVIV, Feb 9- Nochi Dankner, once one of Israel's most powerful businessmen who lost his business empire in the global financial crisis, has appealed to the country's supreme court against his conviction for manipulating share prices. It is expected to take several months until the Supreme Court hears the case and in the meantime Dankner will remain free, a...

  • NEW YORK, Feb 3- A former Morgan Stanley wealth manager in New Jersey has been criminally charged with stealing about $5 million from clients, and then going on a spending spree including private jet service, luxury cars, and country club memberships. Barry Connell, 50, was arrested early Friday in Henderson, Nevada, a Las Vegas suburb, and charged with wire fraud and...

  • President Donald Trump, will now not get a senior role at the White House, the New York Times reported on Wednesday. The White House, Scaramucci and SkyBridge Capital, the hedge fund he founded, were not immediately available for comment. In January, Scaramucci said he would join Trump's White House staff as an adviser and public liaison to government agencies and...

  • OTTAWA/ TORONTO, Jan 29- Canada will offer temporary residency to any travelers stranded by U.S. Immigration Minister Ahmed Hussen told a news conference he did not know how many people might be eligible but said only a handful of passengers headed to the United States from Canada had been denied boarding. The Canadian Council for Refugees and the Canadian Civil...

  • OTTAWA/ TORONTO, Jan 29- Canada will offer temporary residency to any travelers stranded by U.S. Immigration Minister Ahmed Hussen told a news conference he did not know how many people might be eligible but said only a small number of passengers trying to fly to the United States from Canada had been denied boarding. The Canadian Council for Refugees called on...

  • Jan 19- Las Vegas Sands Corp agreed to pay a $6.96 million criminal penalty to end a U.S. Department of Justice probe into whether it violated a federal anti-bribery law by making payments to a consultant to help it do business in China and Macau. The resolution of the Foreign Corrupt Practices Act case follows Las Vegas Sands' related $9 million civil settlement...