IN BRIEF

Golden Gaming in talks to buy Roadrunners

Golden Gaming is negotiating a deal to acquire the four Roadrunner Saloons owned by Michael Corrigan Restaurant and Real Estate Group for an undisclosed price.

Nevada gaming regulators this month approved Golden Gaming's application for a restricted gaming license for all four locations -- West Flamingo Road west of the Las Vegas Beltway; Centennial Center Boulevard and Azure Road near the U.S. Highway 95 and Beltway interchange; Eastern Avenue and Pebble Road north of the Beltway in Henderson; and on North Buffalo Drive north of the Summerlin Parkway.

Golden Gaming owns 41 taverns in Nevada with 35 in Clark County under brands including PT's Pub, PT's Place, PT's Gold and Sierra Gold.

CARSON CITY

Commissioner named for insurance division

Nevada Department of Business & Industry Director Dianne Cornwall on Friday named Scott Kipper commissioner of the Division of Insurance.

Kipper replaces Alice Molasky-Arman, who retired in September.

Kipper has more than 23 years of experience in the insurance industry. Since 2007, Kipper has served as the Insurance Administrator of the Oregon Insurance Division. Before serving in Oregon, Kipper served as Deputy Commissioner at the Office of Health Insurance for the Louisiana Department of Insurance and Senior Regional Director for State Affairs at America's Health Insurance Plans.

M Resort starts taking reservations for rooms

M Resort has begun accepting room reservations for the $1 billion property's opening sometime in March.

No official date has been set, but an announcement by the property Friday said potential guests can make reservations through the hotel's Web site at www.themresort.com or by calling 877-673-7678. Rooms and suites range from 550 to 2,400 square feet.

M Resort is being built by a company headed by Anthony Marnell III and will have 390 hotel rooms. The property is on 90 acres at the southeast corner of St. Rose Parkway and Las Vegas Boulevard.

OKLAHOMA CITY

Uniform supplier to pay penalties, settle charges

North America's largest uniform supplier has agreed to pay almost $3 million in penalties to resolve federal occupational safety violations in six cases, including one in which a Tulsa employee fell into an industrial dryer and died.

Under the agreement announced Friday by the U.S. Department of Labor, Cintas Inc. is required to certify that it has implemented immediate interim measures to protect employees from hazards in areas of Cintas facilities where garments are washed.

In addition to the Tulsa case, the settlement arises from working conditions in Cintas plants in Mobile, Ala.; Columbus, Ohio; Bedford Park, Ill.; and the Texas cities of San Antonio and Corpus Christi.

RICHMOND, Va.

CarMax reports loss of $21.9 million in quarter

Auto retailer CarMax Inc. on Friday posted a $21.9 million loss in the third quarter, reversing year-earlier profit. Slumping sales and store traffic, and loan loss write-downs in its auto finance arm hurt results.

The Richmond, Va.-based company says it lost 10 cents per share in the quarter that ended Nov. 30, reversing earnings of $29.8 million, or 14 cents per share, a year earlier.

Total sales fell 23 percent to $1.46 billion in the quarter, down from $1.89 billion a year ago. CarMax said that same-store sales, or sales at stores open at least a year, tumbled 25 percent during the quarter.

The results were far short of Wall Street estimates. Analysts polled by Thomson Reuters expected earnings of 1 cent per share on revenue of $1.56 billion.

Trump club sues city over building permits

Developer Donald Trump's National Golf Club near Los Angeles sued the city of Rancho Palos Verdes, Calif., claiming it's wrongly withholding permits to build 20 luxury homes on a scenic tract overlooking the Pacific Ocean.

The Trump Club owner, VH Property Corp., on Thursday asked a judge to allow construction of the new homes and to award at least $100 million in damages based in part on lost profits, in a complaint in state Superior Court in Los Angeles.

Homes at the golf course, with views of Los Angeles, the Pacific and Santa Catalina Island, cost as much as $12.5 million each, according to the club Web page. Trump agreed to buy the site in 2002 after a 1999 landslide that sent the 18th hole into the sea.

FedEx delays delivery of freighter planes

FedEx Corp., after reporting its biggest drop in U.S. air shipments in seven years Thursday because of the recession, said it delayed delivery of some Boeing Co. 777 Freighter planes by as long as 17 months.

The revised schedule will defer commitments of $275 million from 2009 to future periods, Memphis, Tenn.-based FedEx said Friday in a regulatory filing. The second-biggest U.S. package- shipping company is the largest customer for Boeing's new model.

FedEx is buying more-efficient Boeing 757 and 777 freighters as it expands overseas air deliveries and retires older jets.

Electronic Arts raises planned job-cut count

Electronic Arts Inc., the second-biggest video game publisher, boosted planned job cuts to 1,000, or 10 percent of its work force, and will consolidate or close at least nine studio and publishing locations.

The changes, to be carried out by March 31, will yield savings of about $120 million a year and cost as much as $65 million over the next several quarters, the company said Friday in a statement. The actions expand on a 6 percent reduction announced in October.

SAN FRANCISCO

Oracle Corp. earnings slip from year earlier

Oracle Corp. on Friday said its quarterly earnings slid for the first time in three years.

The Redwood Shores, Calif.-based company said it earned $1.3 billion, or 25 cents per share in its second quarter ended Nov. 30. The net income dipped by $7 million from the same time last year while earnings per share remained the same.

Excluding expenses for employee stock compensation and its acquisition of smaller rivals, Oracle said it would made 34 cents per share, matching the average estimate among analysts polled by Thomson Reuters.

Revenue rose 6 percent to of $5.61 billion.

BROOMFIELD, Colo.

Vail Resorts will hold prices for ski lift tickets

In a concession to the economy, Vail Resorts Inc. says it's holding its prices steady for multiday lift tickets at its five ski resorts.

Beginning Saturday, guests who buy PEAKS advance tickets a week in advance for at least three days of skiing or snowboarding will pay the same prices as last season. So a three-day adult ticket for Vail would be $267, or $89 per day. A single day at Vail normally costs $97.

Vail Resorts operates Vail, Beaver Creek, Breckenridge and Keystone in Colorado and Heavenly in the Lake Tahoe area.

NEW YORK

Treasury yields climb back from record lows

Treasury yields recovered from record lows Friday after the U.S. government bailed out the automotive industry.

The 10-year note fell 0.56 points to 113.66, and its yield rose to 2.13 percent from 2.07 percent.

The 30-year bond fell 1.16 to 140.06, and its yield rose to 2.55 percent from 2.53 percent.