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Job layoffs as mortgage refinance boom slows

A recent spike in interest rates has caused a decline in refinancing activity, a drop-off that has curtailed a two-year refinancing wave that started in 2011 and led to the nation’s largest banks shedding thousands of mortgage jobs.

Caesars withdraws proposal to build Boston hotel-casino

Caesars Entertainment Corp. withdrew late Friday from a proposal to build a $1 billion hotel-casino in Boston after questions about the company’s suitability were raised by Massachusetts regulators.

Wynn gives $25 million for blindness research

Las Vegas casino tycoon Steve Wynn said Friday that he gave $25 million to support blindness research at the University of Iowa after becoming convinced that its scientists were leading the way in the search for a cure.