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T-Mobile Paying Up to $90M for Cramming

Posted: 12/19/2014 - T-Mobile US will pay up to $90 million, mostly in refunds, for billing customers for cellphone text services they didn't order, under a settlement with federal regulators.

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Caesars To File Bankruptcy In January

Posted: 12/19/2014 - Caesars Entertainment officials say the casino giant's debt-heavy operations arm will file bankruptcy in mid-January to reorganize its finances now that the company has the OK from some creditors for a financial fix to shed about $10 billion in debt.

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Dog Rehab Center Expanding New Facility

Posted: 12/19/2014 - A rehab center for dogs has big plans for its new facility in Washoe Valley, but need help from the community in getting it done.

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Ice Cream Economics

Updated: 12/19/2014 - A local family thinks their ice cream sandwiches will be the next big thing in Midtown.

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Hotelier Wins Gambling License

Posted: 12/18/2014 - 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.

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State Okays Cosmopolitan's $1.73B Sale

Posted: 12/18/2014 - 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.

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Cosmopolitan Names New CEO

Posted: 12/17/2014 - 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.

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Stocks Jump as Fed Promises Patient Approach

Updated: 12/17/2014 - The U.S. stock market had its best day in more than a year after the Federal Reserve said it would to remain "patient" in its approach to raising interest rates.

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Lower Gas Prices-Winners/Losers

Updated: 12/16/2014 - The cost of gasoline continues to drop. That no doubt means more money in your pocket just in time for the holidays. The trend should continue. The market closed December 16 with the price for a barrel of oil at $55.

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Apple Wins Class-Action iPod Trial

Posted: 12/16/2014 - After just a few hours of deliberation, a jury in California has found in favor of Apple in a billion-dollar class-action lawsuit over the price of its iPod music players.

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Caesars Misses $225 Million Interest Payment

Posted: 12/15/2014 - Caesars Entertainment Corp. officials say they won't make a $225 million interest payment due Monday on some of its debt as the company keeps negotiating with senior bondholders to restructure the company's finances.

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Bank Of Russia Hikes Rate To Aid Sinking Currency

Posted: 12/15/2014 - The Bank of Russia has drastically raised its key interest rate to 17 percent from 10.5 percent to try to boost its currency, which has been plunging along with oil prices.

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Sony Threatens To Sue For Publishing Stolen Emails

Posted: 12/15/2014 - A lawyer representing Sony Pictures Entertainment is warning news organizations not to publish details of company files leaked by hackers in one of the largest digital breaches ever against an American company.

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Agreement to Sell Rancharrah Nears

Updated: 12/15/2014 - An agreement to purchase the prominent Harrah family estate Rancharrah is being discussed and preliminary development plans are being reviewed by the Reno Planning Department.

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Two Businesses Fail In Santa Crawl Alcohol Sting

Posted: 12/15/2014 - The Siri Bar, located in Siri Casino and the Cal Neva Casino Bar were the only two businesses that failed during Saturday's underage alcohol compliance operation.

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Downtown Businesses Prepare for Santa Crawl

Posted: 12/15/2014 - It's the largest bar crawl in the nation and it's home to the Biggest Little City. The 14th Annual Santa crawl is set to draw in more than 15-thousand people...and it's all for a good cause.

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