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  • LAS VEGAS _ Pinnacle Entertainment Inc. on Thursday reported a fourth-quarter loss of $13.9 million, after reporting a profit in the same period a year earlier. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share. Pinnacle Entertainment shares have dropped 12 percent since the beginning of the...

  • WASHINGTON— Congress voted Thursday to permanently bar state and local governments from taxing access to the Internet, as lawmakers leapt at an election-year chance to demonstrate their opposition to imposing levies on online service. "The Internet is a resource used daily by Americans of all ages," said Senate Majority Leader Mitch McConnell, R- Ky., who...

  • LAS VEGAS— The arrival of Uber and Lyft in Nevada last fall and a state audit accusing regulators of allowing cabs to charge $47 million in excessive fees each year have the powerful Las Vegas taxi industry and its overseers in the hot seat, facing down a recommendation that the agency be disbanded and its duties passed to another entity. Nevada lawmakers met this...

  • *Silicon Valley carmaker plans 60-80 pct vehicle sales growth. Feb 10- Tesla Motors Inc Chief Executive Elon Musk on Wednesday promised investors that the electric luxury car maker would stop burning cash and start making money this year, sending the company's shares up sharply despite a wider fourth-quarter loss. Musk said Tesla would generate positive cash...

  • DETROIT— Tesla Motors posted its 11th straight quarterly loss Wednesday, and its results badly missed Wall Street's forecasts. Tesla said it will unveil the much-anticipated $35,000 car on March 31 and expects to start production at the end of 2017.. CEO Elon Musk said he's not worried about competition from the all-electric Chevrolet Bolt, which will have a...

  • Tesla reported a wider fourth-quarter net loss of $2.44 a share, compared with a loss of 86 cents a share a year earlier. "You cannot bet against Elon Musk," said analyst Ivan Feinseth of Tigress Partners. Musk said Tesla would generate positive cash flow even after investing $1.5 billion to add capacity to a huge battery factory in Nevada, and start producing...

  • NEW YORK— Professional racecar driver Scott Tucker was arrested Wednesday on criminal charges accusing him of living the high life on the backs of millions of desperate people who used his payday lending operation to get quick cash over the Internet. Authorities said Tucker was arrested Wednesday in Kansas City, Kansas, and would initially appear in court in...

  • DETROIT— Computers that control cars of the future can be considered drivers just like humans, the federal government's highway safety agency has decided. The redefinition of "driver" by the National Highway Traffic Safety Administration is an important break for Google, which is developing self-driving cars that get around without steering wheels, pedals—...

  • *Blames Nevada's new policy for some installation shortfall. Feb 9- SolarCity Corp said on Tuesday it installed fewer rooftop solar systems than expected for the second straight quarter and warned that its supercharged growth would slow in 2016, sending shares down more than 30 percent. SolarCity blamed some of the shortfall on Nevada's decision in December...

  • *Toyota to end Scion brand, re-badge as Toyota cars. *Partly victim of millennials changing car buying habits. TOKYO, Feb 10- When Toyota Motor looked to the future at the turn of the millennium and aimed its new, edgy Scion small-car brand at twenty-somethings, it could not have guessed that the model would be dead after just 12 years.

  • Now it is Tesla's turn to confront the bears Monday, 8 Feb 2016 | 6:24 PM ET

    The Silicon Valley electric luxury car maker reports results on Wednesday after the close of Wall Street markets. One person not selling is Chief Executive Elon Musk, who exercised options worth about $100 million on Jan. 27 and held the shares. Uncertainty about Tesla's prospects revolves around some short-term concerns and a broader long-term threat from...

  • LAS VEGAS— Nevada regulators fielded hours of arguments Monday on whether existing rooftop solar customers should be grandfathered into lower rates instead of paying higher ones approved just before the new year. Hundreds of rooftop solar workers showed up to the Nevada Public Utilities Commission meeting and brought cards signed by rooftop solar...

  • SALT LAKE CITY— A Utah businessman who made headlines as a helicopter-flying philanthropist before he became a key figure in an influence-peddling scandal that ensnared two former attorneys general went on trial for fraud on Monday, acting as his own attorney. Jeremy Johnson, 40, is accused of creating dozens of shell companies so his online company could...

  • Unwired reports 2Q loss Friday, 5 Feb 2016 | 4:13 PM ET

    RENO, Nev. _ Unwired Planet Inc. on Friday reported a loss of $12.7 million in its fiscal second quarter. The Reno, Nevada- based company said it had a loss of $1.35 per share. Keywords: Unwired Planet, Earnings Report.

  • BEVERLY HILLS, Calif.— A Beverly Hills- based beauty school says it's closing all 56 of its campuses in five states after losing federal funding over allegations of misconduct. It shut facilities this week in California, Nevada, Utah, Kansas and Connecticut. School officials told the San Gabriel Valley Tribune that about 5,000 students and employees will receive...

  • Correction: Las Vegas-Pay To Park story Thursday, 4 Feb 2016 | 2:40 PM ET

    LAS VEGAS— In a story Feb. 2 about MGM Resorts International outsourcing its Las Vegas Strip parking operations to a Chicago- based firm, The Associated Press erroneously reported the title of MGM Resorts executive Corey Sanders. SP Plus Corp. will handle paid parking at all non-union MGM Resorts International properties, including Mandalay Bay, Delano, Monte...

  • A federal jury in East Texas has ordered Apple to pay $625.6 million after finding that Apple services like FaceTime and iMessage infringed on technology patents held by Nevada patent-holding company VirnetX. VirnetX had previously won a $368 million verdict against Apple on similar claims in 2012. While an attorney for VirnetX praised the verdict, Apple...

  • CARSON CITY, Nev.— Electric carmaker Tesla's northern Nevada battery plant is creating jobs more slowly than first projected, although state officials say it's still making satisfactory progress. Nevada landed the factory after an intense competition between several states. Tesla reported it had invested $374 million in capital in Nevada so far, below the...

  • Amerco posts 3Q profit Wednesday, 3 Feb 2016 | 5:53 PM ET

    RENO, Nev. _ Amerco on Wednesday reported fiscal third-quarter profit of $81.8 million. On a per-share basis, the Reno, Nevada- based company said it had net income of $4.17. Amerco shares have dropped 10 percent since the beginning of the year.

  • SP Plus Corp. will handle paid parking at all non-union MGM Resorts International properties, including Mandalay Bay, Delano, Monte Carlo, New York-New York, Vdara, Aria, Bellagio, The Mirage and MGM Grand, the company said. Valets were told during an afternoon employees' meeting that SP Plus will hire MGM Resorts' approximately 400 non-union parking service...