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NV Energy CEO Yackira to retire in June

NV Energy CEO Michael Yackira will retire in June. He will be replaced by Paul Caudill, former president of MidAmerican Solar. Caudill joins the electrical utility immediately.

Caesars taps Live Nation to book The Axis at Planet Hollywood

Caesars Entertainment announced Thursday that Live Nation Entertainment will oversee booking the remodeled theater at Planet Hollywood, reopening as The Axis on Dec. 27 with the first date in Britney Spears’ exclusive concert run, “Britney: Piece Of Me.”

 
40 million hit in Target security breach

The nation’s second-largest discounter acknowledged Thursday that data connected to about 40 million credit and debit card accounts was stolen as part of a breach that began over the Thanksgiving weekend.

Ocwen Financial Corp. to provide $32.7 million in principal reduction in Nevada

Ocwen Financial Corp. will provide more than $32.7 million in principal reductions to underwater borrowers in Nevada, under a settlement announced Thursday that closes an investigation into the nation’s largest nonbank servicer of home mortgages.

Carnival Cruise Lines posts surprise quarterly profit

Carnival Cruise Lines posted a small but surprising fourth-quarter profit as it began to win back passengers after a year when its ships were often seen in the news behind tow boats.

Poster to appeal rejection of suitability to Nevada Gaming Commission

Former Golden Nugget owner Tim Poster is appealing the Nevada Gaming Commission decision that blocked his chance to take the position of chief operating officer at Wynn Las Vegas. (File, Las Vegas Review-Journal)

 
Red wheel captures energy, turning bicycles into hybrids

A Massachusetts startup is launching a new device that transforms almost any bicycle into an electric-hybrid vehicle using an app on a smartphone.