Top News & Analysis Nevada

  • CHICAGO, Sept 14- Billionaire investors Marc Rowan and David Bonderman are among Caesars Entertainment Corp directors who must disclose details of their wealth to creditors of the casino holding company's bankrupt subsidiary, a U.S. judge said on Wednesday. Junior creditors accuse directors of Caesars and its private equity sponsors Apollo Global...

  • MACAU, Sept 13- U.S. casino mogul Sheldon Adelson opens his fifth resort in the Chinese gambling hub of Macau on Tuesday, as signs emerge of a turnaround in the territory's fortunes after two years of falling revenues cast doubt on the wisdom of new developments. Macau's casino industry has been hit by China's slowing economic growth, a campaign against...

  • MACAU, Sept 13- U.S. casino mogul Sheldon Adelson opens his fifth resort in the Chinese gambling hub of Macau on Tuesday, as signs emerge of a turnaround in the territory's fortunes after two years of falling revenues cast doubt on the wisdom of new developments. Sands China, a subsidiary of Adelson's Las Vegas Sands, throws open the doors of the $3 billion Parisian...

  • VANCOUVER, Sept 12- Barrick Gold Corp, the world's biggest gold producer, said on Monday it would partner with Cisco Systems to incorporate digital technology in all aspects of its mining business, aiming to improve productivity and reduce costs. Toronto- based Barrick said it planned to spend around $100 million between now and the end of 2017 working with Cisco...

  • Toronto- based Barrick said it would work with Cisco to first develop a flagship digital operation at its Cortez gold mine in Nevada, embedding technology in various parts of the operation to deliver better, faster and safer mining. "Harnessing the potential of digital technology will unlock value across our business, helping us grow our free cash flow per share,"...

  • 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...

  • 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...

  • SAN FRANCISCO, Sept 7- Tesla Motors Inc said on Wednesday it had entered into an agreement with Deutsche Bank whereby the electric car maker can borrow up to $300 million for its vehicle leasing program, part of a broader effort to bolster the company's finances. In a filing with the U.S. Securities and Exchange Commission, Tesla said the new liquidity meant its own...

  • RENO, Nev., Sept 6- Raising U.S. interest rates makes sense now that the economy is at full employment and "within sight" of the central bank's 2- percent inflation goal, a top Federal Reserve official said on Tuesday. "An increase is on the table" at the Fed's next meeting, on Sept 20-21, San Francisco Fed President John Williams told reporters after a speech in Reno, Nevada...

  • RENO, Nev., Sept 6- Raising U.S. interest rates makes sense now that the economy is at full employment and "within sight" of the central bank's 2- percent inflation goal, a top Federal Reserve official said on Tuesday. "An increase is on the table" at the Fed's next meeting, on Sept 20-21, San Francisco Fed President John Williams told reporters after a speech in Reno, Nevada...

  • RENO, Nev., Sept 6- San Francisco Fed President John Williams said Tuesday he does not worry about a flat or inverted U.S. Treasury yield curve signaling that a recession is looming. "A lot of what we are seeing is about what is happening globally, not specifically about the U.S," Williams said after a speech in Reno, Nev., referring to the fact that long-term yields are much...

  • *Cepheid soars on $4 bln Danaher offer. Sept 6- Wall Street was set to open little changed on Tuesday as investors weighed the chances of an interest rate hike following a lackluster jobs report. The odds edged down to 50.6 percent from 53.6 percent for December, according to CME Group's FedWatch tool.

  • *Wall Street ended higher on Friday as a weak jobs report trimmed the prospects of a rate hike when the Fed meets on Sept. 20-21. The odds edged down to 50.6 percent from 53.6 percent for December, according to CME Group's FedWatch tool. *A reading of the Institute for Supply Management's index for non-manufacturing activity is expected to remain little changed at...

  • President Barack Obama said on Wednesday as he began a 10- day trip to stress the urgency of curbing climate change and attend a G20 meeting in China. "No nation, not even one as powerful as the United States, is immune from a changing climate," Obama said after landing in Hawaii, the Pacific island state where he grew up. Earlier on Wednesday, Obama stopped in to a summit...

  • 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...

  • President Barack Obama said on Wednesday that preserving natural places would help the world adapt to warming temperatures as he began a 10- day trip to stress the urgency of curbing climate change and attend a G20 meeting in China. "The challenges of conservation and combating climate change are connected, they're linked," Obama said during a stop in Lake Tahoe,...

  • The electric carmaker plans to raise money through an equity or debt offering, it said in a filing with the U.S. Securities and Exchange Commission. U.S. regulators are probing a May 7 fatality in Florida in which a driver using Tesla's Autopilot system crashed into a truck. The timing of the SEC filing on Tesla's fundraising plans "reinforces the need for...

  • Obama, who is racing to cement his legacy on climate change before his presidency ends on Jan. 20, will showcase both progress and looming threats in stops at Lake Tahoe, Nevada; Honolulu; and an ocean refuge in the remote Midway Atoll. At a Nevada summit on the health of Lake Tahoe, whose average surface temperature reached an all-time recorded high last year, Obama...

  • WASHINGTON, Aug 31- President Barack Obama on Wednesday embarked on a 10- day trip during which he will stress the urgency of curbing climate change and try to achieve some final agreements on the issue with world leaders at a G20 meeting in China. Obama, who is racing to cement his legacy on climate before his presidency ends on Jan. 20, will showcase both progress on...