Top News & Analysis Nevada

  • SAN FRANCISCO, Dec 12- Private jet startup JetSmarter said on Monday it had raised $105 million in financing from a range of investors including the Saudi Royal Family and rapper and businessman Jay Z. The service costs $15,000 in membership fees for the first year and $11,000 after that, according to the company website. Still, JetSmarter has caught the...

  • *Macau to cut cash UnionPay cardholders can withdraw- SCMP. HONG KONG/ SHANGHAI, Dec 9- Casino stocks from Australia's Crown Resorts to Las Vegas Sands tumbled after a report that Macau, the world's biggest gambling hub, would limit cash withdrawals as part of a Beijing- led crackdown on illicit outflows. The South China Morning Post, citing a finance industry source,...

  • CHICAGO, Dec 6- The bank lenders of Caesars Entertainment Corp's operating unit said they might walk away from a plan to bring the casino unit out of its $18 billion bankruptcy, potentially sending a high-stakes reorganization plan into disarray. The committee of bank lenders, which includes Blackstone Group LP's GSO Capital Partners, has yet to resolve a...

  • LOS ANGELES/ CHICAGO, Nov 29- Scores of demonstrators were arrested on Tuesday as U.S. fast-food and airport workers led nationwide' Fight for $15' protests calling for higher pay and union rights in their first major action since Donald Trump was elected president. "needs to be held accountable for his promises," said Hector Figueroa, president of 32 BJ, a property...

  • Companies from Alphabet Inc's Google to Uber Technologies Inc and Tesla Motors Inc are vying to put autonomous vehicles on U.S. roads, which could radically reshape transportation across the country. Intel will provide a "system on chip" for autonomous vehicle systems that Delphi and Mobileye are developing together, Glen De Vos, Delphi's vice president of...

  • LOS ANGELES, Nov 28- U.S. wind and solar companies for the first time gave more money to Republicans than Democrats during the 2016 election cycle, according to federal campaign disclosures, part of a years-long effort to expand renewable energy's appeal beyond liberal environmentalists. The industry is now hoping its strategy of reaching across the...

  • BEIJING, Nov 25- Sharp drops in smartphone sales for China's Xiaomi Inc will not have a major impact on the company as profit growth will be driven by sales from smart home devices as well as revenue from its software eco-system, a senior executive said. Xiaomi was valued at $46 billion in its last fund-raising in 2014- making it briefly the world's most valuable...

  • District Judge Amos Mazzant, in Sherman, Texas, agreed with 21 states and a coalition of business groups, including the U.S. Chamber of Commerce, that the rule is unlawful and granted their motion for a nationwide injunction. The rule, issued by the Labor Department, was to take effect Dec. 1 and would have doubled to $47,500 the maximum salary a worker can earn and...

  • LOS ANGELES, Nov 17- Tesla Motors Inc Chief Executive Elon Musk won approval on Thursday from the electric luxury automaker's shareholders for an acquisition of SolarCity Corp, the solar energy system installer in which he is the largest shareholder. The stock swap deal, worth about $2 billion, caps a tumultuous year for Musk and Tesla. "Your faith will be rewarded,"...

  • TOKYO, Nov 17- Japan's Universal Entertainment Corp lost an appeal on Thursday in its defamation suit against Reuters, as a court upheld a lower court's ruling that the news agency did not imply that the pachinko-machine maker and casino operator had committed bribery. Universal had sued Reuters in December 2012, demanding 200 million yen and apologies, for...

  • President-elect Donald Trump and the UK government to increase spending on infrastructure. "There is a strong intent by the governments, be it the new administration of president-elect Trump or be it here in the UK to continue to be steadfast or even significantly increase investment into infrastructure... that plays very much into our strengths," Atkins' Chief...

  • Overall, the sector is expected to grow 16.5 percent in 2016, down from a prior forecast that called for 23 percent expansion, according to research firm GTM Research. Billed by many on Wall Street as a bailout of the nation's top residential solar installer, the $2.6 billion deal has made investors question how Tesla will absorb SolarCity's hefty debt-load,...

  • DETROIT, Nov 15- A Chinese tech entrepreneur's U.S. startup halted construction this week on a $1 billion electric vehicle factory in Nevada, a sign financial problems were escalating for Jia Yueting, who aimed to be a rival of Elon Musk's Tesla Motors Inc.. Faraday Future, based in Gardena, California, reportedly missed several payment deadlines with contractor...

  • DETROIT, Nov 15- Startup Faraday Future has stopped construction of a planned $1 billion electric vehicle factory in North Las Vegas, the company said on Tuesday, another sign of trouble for Chinese tech entrepreneur Jia Yueting, who hoped to displace Elon Musk's Tesla Motors Inc.. Faraday is part of a network of young EV companies in China and the United States...

  • Nov 15- Electric vehicle startup Faraday Future said on Tuesday it has stopped construction on a planned $1 billion factory in North Las Vegas, Nevada. The company, based in Gardena, California, reportedly missed several payment deadlines with contractor AECOM, according to a Nevada state official. The Faraday spokesman said the company is "refocusing its...

  • *Ban Ki- moon says Paris climate agreement "unstoppable". MARRAKESH, Morocco, Nov 15- France and the United Nations on Tuesday stepped up warnings to U.S. French President Francois Hollande, addressing almost 200 nations meeting in Morocco on ways to slow global warming, said that inaction would be "disastrous for future generations and it would be dangerous for...

  • *Ban Ki- moon says Paris climate agreement "unstoppable". MARRAKESH, Morocco, Nov 15- France and the United Nations on Tuesday stepped up warnings to U.S. French President Francois Hollande, addressing almost 200 nations meeting in Morocco on ways to slow global warming, said that inaction would be "disastrous for future generations and it would be dangerous for...

  • MARRAKESH, Morocco, Nov 15- U.N. At a meeting of almost 200 nations in Morocco to work out ways to implement the 2015 Paris agreement to limit greenhouse gas emissions, Ban said U.S. companies, states and cities were all pushing to limit global warming. "What was once unthinkable has become unstoppable," he told a news conference of the Paris Agreement, agreed by...

  • MARRAKESH, Morocco, Nov 15- U.N. At a meeting of almost 200 nations in Morocco to work out ways to implement the 2015 Paris agreement to limit greenhouse gas emissions, Ban said U.S. companies, states and cities were all pushing to limit global warming. "I am sure he will make a quick, wise decision," Ban said, saying that climate change was having severe impacts from the...

  • Recreational pot now legal in 8 states plus D.C.

    CNBC's Jane Wells reports on where the legalization of recreational marijuana currently stands.