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Top News & Analysis Nevada

  • LAS VEGAS _ MGM Growth Properties LLC on Tuesday reported a key measure of profitability in its second quarter. The Las Vegas- based real estate investment trust said it had funds from operations of $121.7 million, or 50 cents per share, in the period. The average estimate of three analysts surveyed by Zacks Investment Research was for funds from operations of 50...

  • A manufacturer's explanation that corrosion caused an amusement ride to fly apart in a deadly accident at the Ohio State Fair doesn't answer why or when it began rusting away or how it went unnoticed. "You don't want puddles in any ordinary steel, whether it's a car, a gutter on a house or a playground," said Oliver Moghissi, a former president of NACE International, a...

  • MILWAUKEE— The arraignment planned for Tuesday of a British cybersecurity researcher, who was arrested last week in Las Vegas on federal charges that he created and distributed a malware program to obtain banking passwords from unsuspecting computer users, has been postponed until next week. Hutchins was released Monday from a jail outside Las Vegas, where...

  • The video game tournaments are known as esports and are a rapidly growing industry around the world, with industry reports saying they generated $500 million last year and soon could be a $1.5 billion industry. Associated Press. Caesars Entertainment was first in the nation to adopt skill-based slot machines to woo millennials in Atlantic City, but bailed on...

  • LAS VEGAS— The Latest on plans for a British cybersecurity researcher who was arrested in Las Vegas to appear in federal court in Milwaukee on charges that he created and distributed malicious software designed to steal banking passwords in 2014 and 2015:. An Electronic Frontier Foundation lawyer says he is awaiting word that bail has been posted for British...

  • LAS VEGAS _ Southwest Gas Corp. on Monday reported second-quarter profit of $17.9 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 28 cents per share. Southwest Gas shares have increased nearly 5 percent since the beginning of the year.

  • DETROIT, Aug 7- Tesla Inc said on Monday it would raise about $1.5 billion through its first-ever offering of junk bonds as the U.S. luxury electric car maker seeks fresh sources of cash to ramp up production of its new Model 3 sedan. The move to issue junk bonds- lower-quality investments that offer higher yields- represents a bet by Tesla Chief Executive Elon Musk...

  • LOS ANGELES— Electric car maker Faraday Future says it has decided to build vehicles at an existing factory in California. The move comes less than a month after the company scrapped a plan to build a $1 billion factory in Nevada. Faraday said Monday it signed a lease on a 1 million-square-foot factory in Hanford, California, about 200 miles north of its Los Angeles...

  • Marcus Hutchins, a hacker who won acclaim after helping in May to curb the spread of WannaCry ransomware during an attack that crippled thousands of computers worldwide, is at the Southern Nevada Detention Center in rural Pahrump, facility spokeswoman Kayla Gieni said. Hutchins' attorney in Las Vegas, Adrian Lobo, didn't immediately respond to telephone and...

  • Aug 7- U.S. health insurer Anthem Inc said on Monday it will no longer offer Obamacare plans in Nevada's state exchange and will stop offering the plans in nearly half of Georgia's counties next year. Anthem also said it will only offer Obamacare plans in 85 of Georgia's 159 counties. It said these changes do not impact Anthems Medicare Advantage, Medicaid or...

  • DETROIT, Aug 7- Tesla Inc said on Monday it would raise about $1.5 billion through its first-ever high-yield junk bond offering, as the U.S. luxury electric car maker seeks fresh sources of cash to ramp up production of its new Model 3 sedan. The debt offering marks Tesla's debut in the junk-bond market and the company will start road-shows on Monday, IFR reported,...

  • Anthem Health Insurance

    U.S. health insurer Anthem will no longer offer Obamacare plans in Nevada's state exchange, the state's insurance commissioner said Monday.

  • Aug 7- U.S. health insurer Anthem Inc will no longer offer Obamacare plans in Nevada's state exchange, the state's insurance commissioner said on Monday. The move comes after Republican senators last month failed to repeal and replace Obamacare, former President Barack Obama's signature healthcare reform law, creating uncertainty over how the program...

  • NEW YORK, Aug 7- U.S. health insurer Anthem Inc will no longer offer Obamacare plans in Nevada's state exchange, the state's insurance commissioner said on Monday. Nevada had said in June that residents in 14 counties out of 17 in the state would not have access to qualified health plans on the state exchanges. Anthem's decision to leave the state entirely does not...

  • WASHINGTON— The Interior Department on Monday unveiled a plan to protect the threatened sage grouse that gives Western states greater flexibility to allow mining, logging and other economic development where it now is prohibited. Interior Secretary Ryan Zinke announced the strategy for the ground-dwelling bird that has suffered a dramatic population...

  • **Far and away the largest subsidy was the $2.3 billion in state and local incentives given to GM in 2009 for its Orion Township plant north of Detroit, which builds the Chevrolet Bolt EV and the Sonic. **Nevada has provided $1.6 billion in incentives since 2014 to two relatively young automakers: $1.3 billion to Tesla Inc for its battery factory outside Reno and $335...

  • LAS VEGAS _ Golden Entertainment Inc. on Friday reported second-quarter net income of $1.7 million. Golden Entertainment shares have increased 66 percent since the beginning of the year. Keywords: Golden Entertainment, Earnings Report.

  • LAS VEGAS— A Las Vegas federal judge set bail of $30,000 on Friday for a celebrated young British cybersecurity researcher accused by U.S. prosecutors of creating and distributing malicious software designed to steal banking passwords. "This is excellent news," said Nicholas Weaver, a computer scientist at the University of California at Berkeley.

  • Marijuana plants stand in a flower room at the grow facility for Sense of Healing dispensary in Denver, Colorado.

    Now that one of the nation's largest cannabis companies has bought the entire California desert town of Nipton, a question remains: Will the new owners rename the place Potsylvania?

  • LAS VEGAS _ Caesars Acquisition Co. on Thursday reported a second-quarter loss of $2.7 million, after reporting a profit in the same period a year earlier. Caesars Acquisition shares have increased 44 percent since the beginning of the year. Keywords: Caesars Acquisition, Earnings Report.