Caesars Entertainment Corp. is making payments to a portion of the company’s current and former employees who lost a combined $78.6 million in deferred compensation when the casino giant’s largest operating unit filed Chapter 11 bankruptcy in January.
With a three-day Memorial Day weekend on the horizon and a growing national economy, Las Vegas officials are expecting travel to the Las Vegas Valley to compete with the Mayweather-Pacquiao fight and New Year’s for the biggest event of 2015 so far.
U.S. Justice Department investigators have identified criminal wrongdoing in General Motors Co’s failure to disclose a defective ignition switch, and they are negotiating what is expected to be a record penalty, the New York Times reported on Friday.
The chairman of solar panel firm Hanergy lost $15 billion on Wednesday when shares in the company plummeted 47% in Hong Kong trading — in about an hour. The company saw $18.6 billion wiped off its market value.
A bill sought by a group of small limousine companies to make it easier for them to increase their fleets and grow their businesses won approval in the Assembly on Friday and now heads to Gov. Brian Sandoval.
Rents in April were 4 percent higher than a year before, according to a report from Zillow. That’s the fastest increase in two years, outpacing home prices which rose by 3 percent, the report showed.
Casino operator Affinity Gaming formally rejected a buyout offer proposed by the company’s largest shareholder, saying the price was too low.
We asked 30 major bloggers and personal finance experts to share both the most bizarre things they’ve ever done to save money — and the lessons they learned through the experience.
MasterCard Inc, the world’s No. 2 debit and credit card company, said it failed to reach a settlement with Target Corp over claims related to the 2013 data breach at the retailer as a key condition was not met.
