- The nightlife mogul who opened the SLS Las Vegas hotel and casino on the Strip has won a gambling license from Nevada regulators after intense scrutiny into his past business dealings and drug use.
- The Cosmopolitan hotel and casino will have a new owner as state regulators cleared the way for Deutsche Bank AG to sell the Las Vegas Strip resort to a division of the Blackstone Group for $1.73 billion.
- The Cosmopolitan on the Las Vegas Strip is hiring William McBeath to be the hotel-casino's new president and CEO after the property's $1.73 billion sale to Blackstone Group is complete.
- A U.S. official says federal investigators have now connected the Sony Pictures Entertainment Inc. hacking to North Korea and are expected to make an announcement in the near future.
Oil Plunge Brings Jitters to Texas City Corpus Christi has ridden a rocket of a rebirth in recent years, propelled by a more than 30-fold increase in oil production at the nearby Eagle Ford Shale. But lower oil prices are taking a toll.
Fed Sets Stage for Rate Hikes The Federal Reserve took a delicate step toward raising short-term interest rates in 2015, but at the same time exposed its skittishness about signaling a historic move away from easy-money policies.
Ruble Volatile Despite Intervention The ruble strengthened in afternoon trading after Russia’s central bank announced measures to shore up the country’s banks following another volatile day for the currency.
US Business News
Are You Sure You Want to Use Email? Devastating leaks from Sony’s computer systems have dramatized the risks of storing corporate email for extended periods. Some people in Silicon Valley wonder if it is time to rethink that practice.
Car Safety Gear Cuts Traffic Deaths Deaths in U.S. car crashes have fallen by about a quarter in the last decade, new federal data released on Friday show, as safety features in newer models have powered a drop in fatalities even as auto-safety recalls have surged.
Google Seeks Partners for Self-Driving Car The head of Google’s autonomous-vehicle project said the company is looking for auto industry partners to bring its vision of a self-driving car to market within the next five years.
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