It’s free money!

Using federal stimulus money to prop up struggling state budgets has been a wonderful success, according to Chad Stone, an economist at the leftist Center on Budget and Policy Priorities in Washington, D.C.

CityCenter upstages earnings

With the opening of the $8.5 billion CityCenter roughly four months away, MGM Mirage quickly found out that Wall Street had more interest in the prospects for the massive Strip development than the company’s $212.6 million operating loss in the second quarter.

Ensign payment could be issue

Kansas gaming regulators may be forced to look into $96,000 in payments former casino executive Michael Ensign made to the family of a woman who had an affair with his son, Sen. John Ensign, R-Nev.

IN BRIEF

BofA will pay penalty for misleading investors

Lender loses cash in quarter

Community Bank of Nevada lost $37 million in the second quarter, a report filed with regulators shows.

Stratosphere parent company cuts long-term debt

American Casino & Entertainment Properties, parent of the Stratosphere, on Monday said it cut its long-term debt load from $1.1 billion to $574 million in the second quarter, easing some stress on its financial stability.

Cal Neva will go up for sale at Lake Tahoe

The private equity group that controls the Cal Neva resort at Lake Tahoe has put the property once owned by entertainer Frank Sinatra on the market.

Anemia may not mean iron deficiency

Anemia is a sign of a disease, not a disease itself and its complexities extend far beyond sickle cell and iron deficiency. It is condition resulting from a significantly decreased number of red blood cells, which carry oxygen throughout the body. Anemia often causes fatigue, dizziness, weakness and pale nailbeds.

CityCenter limos to run on compressed natural gas

CityCenter’s fleet of 26 stretch-limousines will be powered by compressed natural gas, in keeping with a commitment developers of the $8.5 billion project have made toward sustainability.

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