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Boyd Gaming Corp. will not bid on any of Station Casinos’ assets in next week’s bankruptcy auction because the court-approved process makes it difficult for qualified bidders to compete fairly, the company said Friday.
The Federal Trade Commission adopted rules on Thursday that prohibit companies from charging upfront fees for promised elimination of credit card balances and other consumer debt.
New jobless claims fell last week for the third time in four weeks but remain elevated. The decline is a sign that the economy added jobs in July, still not enough to lower the nation’s high unemployment rate.
New-home prices will drop another 5 percent this year and stay essentially flat in 2011 as builders compete with more foreclosures and short sales, a Las Vegas housing analyst said Thursday at his quarterly presentation.
