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Exec: Eldorado-MTR Merger a Powerful Combination

Posted: 09/10/2013 - The proposed merger of MTR Gaming Group and Eldorado Resorts creates new opportunities for growth, and executives with both companies say investors should expect to see acquisitions in coming years.

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Time Warner Joins IBM in Retiree Health Switch

Updated: 09/10/2013 - Media and entertainment company Time Warner Inc. plans to move its retired workers off its health plan and provide money to them to purchase coverage on private exchanges at the beginning of next year.

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Job Market Vital Signs

Posted: 09/08/2013 - Federal Reserve policy makers will have conflicting data on the strength of the job market to consider when they gather later this month to decide whether to ease the Fed's economic stimulus.

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IBM Moving Retirees Off Health Plan

Posted: 09/07/2013 - IBM plans to move many retired workers off its health plan and give them money to buy coverage on a health-insurance exchange. The move is part of a corporate trend away from providing traditional retiree health benefits as costs rise.

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US Employers Add 169K Jobs, Rate Falls to 7.3%

Updated: 09/06/2013 - U.S. employers added 169,000 jobs in August and much fewer in July than previously thought. The slowdown in hiring could complicate the Federal Reserve's decision later this month on whether to slow its bond purchases.

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Applications for US Jobless Aid Near 5-Year Low

Updated: 09/05/2013 - The number of Americans seeking unemployment benefits dropped 9,000 last week to a seasonally adjusted 323,000, near the lowest level since June 2008. The figure shows that employers are laying off fewer and fewer workers.

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Toyota Recalls 369,000 Vehicles

Updated: 09/04/2013 - Toyota is recalling 200,000 vehicles worldwide for a hybrid-system problem and another 169,000 vehicles for an engine bolt defect.

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Businesses Ease Burners' Return

Posted: 09/03/2013 - As the Playa dust finally starts to settle, burners are trying to make the tough transition back to reality, but before they return home, many of them have to decompress.

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Verizon Agrees to Stake from Vodaphone

Posted: 09/02/2013 - Verizon will own its wireless business outright after agreeing to a $130 billion deal to buy the 45 percent stake of Verizon Wireless owned by British cellphone company Vodafone.

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Nevada Sales Up 1.2 Percent in June

Posted: 08/27/2013 - Sales at electronics stores and auto dealers in June helped keep Nevada's consumer-driven economy heading in a positive direction.

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Penney's Largest Investor to Sell Entire Stake

Posted: 08/26/2013 - J.C. Penney's largest investor and former board member, William Ackman of Pershing Square Capital Management, is selling his nearly 18 percent stake in the company.

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Burning Man Boosts Local Economy

Updated: 08/26/2013 - It's one of the busiest times of the year for stores in town. The gates to Burning Man open tonight and as thousands of burners from around the world make their way to the Black Rock Desert, they're making last minute stops to gather supplies. Burners are doing more than just enriching our culture with art.

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Wells Fargo Laying Off Mortgage Workers

Posted: 08/22/2013 - Wells Fargo is laying off workers from its mortgage unit, the latest sign that the mortgage refinancing boom has cooled.

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State Board Cuts Harrah's Reno Tax Value By $4M

Posted: 08/20/2013 - A state tax panel has ordered a $4 million reduction in the taxable value of Harrah's hotel-casino in Reno but Harrah's officials say it's still about twice as much as the $8 million they think they could get if they tried to sell the aging property.

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