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Top News & Analysis Nevada

  • 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...

  • NEW YORK/ WASHINGTON, Feb 27- President Donald Trump sought on Monday to bring the nation's largest insurance companies on board with his plans to overhaul Obamacare, saying their help was needed to deliver a smooth transition to the Republicans' new plan. "We must work together to save Americans from Obamacare you people know that and everyone knows that- to...

  • NEW YORK/ WASHINGTON, Feb 27- President Donald Trump sought on Monday to bring the nation's largest insurance companies on board with his plans to overhaul Obamacare, saying their help was needed to deliver a smooth transition to the Republicans' new plan. "We must work together to save Americans from Obamacare you people know that and everyone knows that- to...

  • NEW YORK, Feb 27- President Donald Trump sought on Monday to bring the nation's largest insurance companies on board with his plans to overhaul Obamacare, saying their help was needed to deliver a smooth transition to the Republicans' new plan. "We must work together to save Americans from Obamacare you people know that and everyone knows that- to create more...

  • SAN FRANCISCO, Feb 22- Tesla Inc said on Wednesday its mass-market Model 3 sedan was on track for volume production by September, relieving investors who see the electric vehicle as the avenue to profitability for the young company. But the carmaker's operations continued to burn through money, and it plans an additional $2 billion to $2.5 billion in capital...

  • The company said it planned to invest between $2 billion and $2.5 billion in capital expenditures ahead of the start of Model 3 production. The company has been investing heavily on production of its latest models and in its $5 billion gigafactory, which makes lithium-ion battery cells in Nevada. The company, led by billionaire entrepreneur Elon Musk, is...

  • 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...

  • Spicer: Dodd-Frank did opposite of what intended to do

    White House Press Secretary Sean Spicer answers questions about deregulation plans and potentially rolling back Dodd-Frank.

  • 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...

  • Nevada in the crosshairs of fate of public lands

    CNBC's Scott Cohn reports on the renewed debate over whether to return federal lands back to the states or to private ownership.

  • Feb 7- Jobs in the U.S. solar industry grew 25 percent last year to include more than 260,000 workers, according to a report by sector advocacy group the Solar Foundation on Tuesday. Solar's dramatic jobs growth, including its largest annual percentage gain in the six years the Solar Foundation has tracked the data, is a key benefit renewable energy advocates hope...

  • 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...

  • LONDON, Jan 3- There's lithium in them there Cornish hills! "Cornwall's mining industry set for 50 bn pound revolution," proclaimed a headline in The Sun newspaper. The company, led by Jeremy Wrathall, a graduate of Cornwall's famous Camborne School of Mines and now a banker with Investec, is currently trying to raise 5 million pounds to start an exploration...

  • 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...

  • DETROIT/ BEIJING, Feb 1- Electric luxury car startup Faraday Future, one of several Chinese-funded companies taking aim at Elon Musk's Tesla Inc, is throttling back on plans to build vehicles in the United States, the company and public officials said. Faraday, an affiliate of Beijing- based Leshi Internet Information and Technology Corp, has also pared its...

  • 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...

  • STUTTGART, Jan 27- German car parts maker Bosch reported a slide in profits for 2016 as it invested in the development of products for connected and electric vehicles. It also aims to decide by the end of the year whether to start making its own cells for production of batteries to compete with Asian rivals, Chief Executive Volkmar Denner said.