Business News

Caesars Unit Seeks More Time for Bankruptcy Plan

Updated: 10/09/2015 - The debt-heavy subsidiary of casino giant Caesars Entertainment Corp. is again asking a federal court to give it more time to file its bankruptcy plan to get out from under $10 billion of its $18.4 billion in debt.

Local Invention Reduces Restroom Wait Times

Posted: 10/09/2015 - A simple device, created in Reno, could reduce your wait for the restroom by ten minutes. The brain child of a local woman is popping up in stadiums, casinos and airports. Inventor Joey Mares says the idea came to her in a flash.

Amazon Challenges Etsy with Amazon Handmade

Updated: 10/08/2015 - Amazon is launching a site for handcrafted goods called Amazon Handmade, hoping to capitalize on shoppers' appetite for homemade items ahead of the holiday season.

Brothel Owner Offers Relief From Student Debt

Updated: 10/08/2015 - Graduates often start out their careers with tens of thousands of dollars in loans. The owner of the Bunny Ranch Brothel says he has an idea. Some graduate students, however, may find the price of the offer not worth the cost.

Mt. Rose Ski Tahoe Optimistic and Hiring

Updated: 10/07/2015 - Hundreds of jobs are up for grabs, and no suits or ties are required. Mt. Rose Ski Tahoe is optimistic about this season and wants you to be a part of it.

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US Business News

  • UAW Head Confident in New Labor Pact With Fiat Chrysler
    United Auto Workers President Dennis Williams is confident he won’t have a repeat rejection on a revised pact with Fiat Chrysler, arguing the new deal gives entry-level workers a “clearer path” to parity with higher-seniority workers.
  • Judge Rejects H-P Settlement Over Aruba Merger
    A Delaware judge rejected the settlement of a shareholder lawsuit against Hewlett-Packard Co., saying the welter of litigation challenging corporate mergers has become a systemic problem.
  • Russian Missile Strikes in Syria Trigger Alert to Airlines
    Russia’s long-range missile strikes against targets in Syria have prompted European officials to issue a safety alert to airlines flying in Iraq, Iran, and over the Caspian Sea amid growing concerns about the risk to commercial flying near conflict zones.
  • Succession for EMC Chief in Focus Amid Dell Talks
    A potential buyout of EMC by Dell could solve a long-standing problem for the data-storage giant: finding a successor to longtime Chief Executive Joe Tucci.
  • Tesla Runs Into Some Doubters
    Shares of Tesla stumbled nearly 11% this week, booking their worst weekly percentage drop in over a year, after several Wall Street analysts signaled concerns about the stock.
  • Peru's Economic Woes Echo Latin America's
    Peru is serving as a symbol of downgraded hopes across emerging economies buffeted by a collapse in commodity prices, the pullback in China and an upswing in the dollar.
  • Fed's Rate Delay Spurred by Worry Over Low Inflation
    Federal Reserve officials held off on raising short-term rates at their September meeting because of worries about when inflation would rise to 2% after running below that target for more than three years.
  • Treasury's Lew Calls on Countries to Boost Growth
    The world’s finance officials must avoid resorting to “beggar-thy-neighbor” policies to revive growth, U.S. Treasury Secretary Jacob Lew said as economic leaders confronted an increasingly dour outlook for the global economy.
  • Chinese Officials Pledge Flexibility on Exchange Rate
    A top Chinese central banker said the yuan exchange rate would become “more flexible,” suggesting China will continue to unwind its tight grip over its currency.
  • WSJ Survey: Economists See U.S. Near 'Full' Employment
    The U.S. economy is at last on the cusp of full employment after years of sluggish recovery and widespread joblessness, according to economists in a Wall Street Journal survey.
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