Top News & Analysis Nevada

  • LAS VEGAS, Jan 4- At one of the year's top technology conventions where "mobility" is the buzzword, it is a real pain to get around. Over 165,000 people from 150 countries descend on Las Vegas this week for CES, the annual show where exhibitors are boasting of ways to ease commuting. "Las Vegas is the poster child for dysfunctional traffic," said Gartner Research Director...

  • Jan 4- Electric car maker Tesla Motors Inc has started mass production of lithium-ion battery cells at its gigafactory in Nevada along with Japan's Panasonic Corp, the company said on Wednesday. The cylindrical "2170 cells", which will be used to power Tesla's energy storage products and the new Model 3 sedan, have been jointly designed by Tesla and Panasonic, its...

  • LAS VEGAS, Jan 3- Electric vehicle start-up Faraday Future showed off in Las Vegas on Tuesday a prototype of a vehicle set for production next year as the China- backed company strives to win credibility in the crowded sector and weather its funding challenges. Advance reservations for the car- which insiders say will retail for about $180,000- are being taken for...

  • LAS VEGAS, Jan 3- Electric vehicle start-up Faraday Future showed off its first production vehicle prototype in Las Vegas on Tuesday as the China- backed company strives to win credibility in the crowded sector and weather its funding challenges. Advance reservations for the car- which insiders say will retail for about $180,000- are being taken for $5,000.

  • NINGDE, China, Dec 26- A dusty village on the outskirts of Ningde, a third-tier city in China's southeast, seems an unlikely place for the headquarters of a potential global leader in future automotive technology. Yet China's top-down industrial policy diktats- move up the value chain, clean up polluted urban skies, and shift to plug-in cars- have Contemporary...

  • CHICAGO, Dec 23- Caesars Entertainment Corp's bankrupt operating unit resolved a dispute with its lenders on Friday, paving the way for a consensual plan to push the casino group out of its $18 billion Chapter 11.. In filings with the U.S. Bankruptcy Court in Chicago, bank lenders said they had reached an agreement over their recovery terms and were withdrawing a...

  • Under New Mexico regulations, healthcare facilities must report a suspected outbreak of C. difficile to the state Health Department within 24 hours. But Casa Maria staff did not contact authorities until March 4, 2014, according to the Health Department report on its investigation of the outbreak, a copy of which was obtained by Reuters. When a Health...

  • Dec 21- Hotels in Las Vegas and Washington owned by U.S. President-elect Donald Trump reached agreements with their workers' unions that will end a series of cases alleging the hotels violated federal labor law, the Trump Organization and unions said on Wednesday. More than 500 food and beverage and housekeeping employees at the Trump International Hotel Las...

  • NEW YORK, Dec 21- The U.S. Justice Department's internal watchdog has opened a criminal probe of an FBI agent's leaks to journalists about an insider trading probe involving a Las Vegas sports gambler and professional golfer Phil Mickelson, a prosecutor said on Wednesday. Joan Loughnane, chief counsel for Manhattan U.S. Attorney Preet Bharara, disclosed the...

  • Dec 21- Hotels in Las Vegas and Washington owned by U.S. National Labor Relations Board against the Las Vegas hotel, union spokeswoman Bethany Khan said. Eric Danziger, the chief executive of Trump Hotels, called Unite Here Local 25, the union representing workers at the hotel, which is down Pennsylvania Avenue from the White House, an "important partner" in a...

  • Dec 21- Hotels in Las Vegas and Washington D.C. owned by U.S. The four-year contracts effective Jan. 1 will provide employees of Trump International hotels in those cities with annual raises and pension and health care benefits, Trump Hotels and four unions said in a joint statement. National Labor Relations Board against the Las Vegas hotel, union spokeswoman...

  • Dec 20- Legalizing recreational marijuana in California is creating a gold rush for a decidedly less intoxicating sector: warehouses in which to grow the plants. Shares of industrial warehouse companies such as Prologis Inc, Rexford Industrial Realty Inc and Terreno Realty Corp that have significant exposure to the California market should benefit even if...

  • CANNON BALL, N.D., Dec 18- Two weeks after a victory in their fight against the Dakota Access Pipeline, most protesters have cleared out of the main protest camp in North Dakota- but about 1,000 are still there, and plan to remain through the winter. "I've seen some of my friends leave but I will be here until the end and will stand up to Trump if he decides to approve the...

  • The civil lawsuit, led by antitrust investigators in Connecticut, comes one day after the U.S. Department of Justice filed criminal charges against two generic drug industry executives, alleging that they colluded to fix prices and split up market share. "We believe that this is the tip of the iceberg," Connecticut Attorney General George Jepsen told Reuters in...

  • WASHINGTON, Dec 15- DeVry University has agreed to pay $100 million to settle a U.S. Federal Trade Commission lawsuit accusing the for-profit school of misleading potential students with ads promoting job and salary success for graduates, the agency said on Thursday. Under the settlement, DeVry will forgive $50.6 million in debt owed by students for tuition...

  • WASHINGTON, Dec 15- Twenty states filed a lawsuit Thursday against Mylan NV, Teva Pharmaceuticals and four other generic drug makers, saying they conspired on pricing of two common generic drugs, according to a copy of the complaint. The civil lawsuit is one piece of a broader generic drug pricing probe that remains under way at the state and federal level, as well...

  • WASHINGTON, Dec 15- Connecticut and 19 other states filed a lawsuit on Thursday against Mylan NV, Teva Pharmaceuticals and four other generic drug makers saying they entered into illegal conspiracies that raised prices on two common generic drugs, the New York state attorney general's office said in a statement. The civil lawsuit is one piece of broader...

  • DETROIT/ SAN FRANCISCO, Dec 14- Three electric-car startups funded by Chinese billionaire Jia Yueting will display vehicles at the giant CES 2017 trade show in Las Vegas next month, and two former executives told Reuters that one of the companies plans to roll out a dozen models through 2026.. They described it as a large, luxury flagship sedan designed to sell for...

  • NEW YORK, Dec 14- SkyBridge Capital, the hedge fund investment firm founded by outspoken industry defender Anthony Scaramucci, is for sale, according to a person familiar with the situation. Scaramucci, a fundraiser and adviser to President-elect Donald Trump, recently began an auction process for the New York- based firm as he considers potential roles in the...

  • DETROIT/ SAN FRANCISCO, Dec 14- Three electric-vehicle startups funded by Chinese billionaire Jia Yueting will show off new prototype vehicles at the giant CES 2017 trade show in Las Vegas next month, with one of the companies privately mapping out an ambitious 10- year, 12- vehicle rollout, according to two former executives. On Wednesday, another of the...