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Caesars, Quintain to Build Wembley Casino

LONDON (Reuters) - U.S. casino firm Caesars Entertainment Inc. and Quintain Estates have formed a joint venture to turn the area around London's Wembley Stadium into a $600 million leisure and gambling resort. The 50-50 joint venture, Caesars' first foray into the European casino market, would include a 400-room luxury hotel, conference facilities, a casi...

Vegas Comes to Wembley with Casino Plan

By Ben Harding LONDON (Reuters) - Rundown land surrounding London's Wembley Stadium will be transformed into a glitzy $600 million gambling resort in a joint venture between U.S. group Caesars Entertainment and Britain's Quintain Estates. "Caesars Wembley" will sit 200 yards from the reborn home of English football -- the new 90,000-seater National Stadium -- and will incorporate a casino, a luxury hotel, designer shops and ballrooms, the two firms sa...

Summer concerts: croak to croon?

Summer concerts: From croak to croon? After a lousy 2004, concert promoters have reason to think this year will be different. April 7, 2005: 3:22 PM EDT By Krysten Crawford, CNN/Money staff writer NEW YORK (CNN/Money) - After striking a low note last year, the concert business is poised to sing. For the live-music industry, "last year was the perfect storm of things that could go wrong," said Ray Waddell, a senior writer for Billboard magazine. Now, one week after U2 k...

Woman fired for not wearing lipstick

Woman fired for not wearing lipstick A court will hear the discrimination lawsuit of an employee who says lack of makeup cost her a job. May 17, 2005: 11:19 AM EDT SAN FRANCISCO (Reuters) - A federal appeals court agreed on Friday to reconsider the case of a bartender who was fired from her job at a Nevada casino for refusing to wear lipstick, blush and other make-up. Alleging sex discrimination, Darlene Jespersen sued her employer, Harrah...

The great investment guru poker showdown

The great investment guru poker showdown Four money managers, two pro gamblers, a table in Vegas and a challenge to the laws of investing. April 29, 2005: 12:07 PM EDT By Stephen Gandel, MONEY Magazine NEW YORK (MONEY Magazine) - Until Bill Miller did it, nobody ever called 76-year-old Walter Clyde "Puggy" Pearson a giant of the investing world. Pearson's formal education stopped in fifth grade. He's a professional gambler...

Britney Spears' pregnancy test sells

Britney Spears' pregnancy test sells Oops...a Canadian radio station has sold her alleged pregnancy test to GoldenPalace.com for $5,001. May 12, 2005: 6:56 AM EDT NEW YORK (CNN/Money) - The Internet casino noted for its unusual eBay purchases acquired Britney Spears' alleged pregnancy test for $5,001, ac...

Stocks Seen Lower, Weighed by TI Outlook

NEW YORK (Reuters) - U.S. stock futures pointed to a slightly lower open on Tuesday with technology stocks set to face pressure after Texas Instruments Inc. (TXN.N: Quote , Profile , Research ) trimmed its quarterly earnings target. The update on Monday from Texas Instruments, the world's largest maker of chips for cell phones, dampened some investors' mood after the regular session. Its shares slid more than 3 percent in...

Wall Street Seen Mixed Ahead of CPI

By Marie Maitre PARIS (Reuters) - Wall Street is seen opening unchanged at best on Wednesday ahead of inflation figures and with oil prices still firmly above $50 a barrel. On the corporate front, technology stocks will be in focus with earnings from telecoms equipment maker Ciena (CIEN.O: Quote , Profile ,...

U.S. Stocks Seen Higher; Pixar Eyed

NEW YORK (Reuters) - U.S. stock futures pointed to a higher market open on Thursday as oil prices stayed below $55 a barrel and as investors lapped up beaten-down shares after recent declines in the market. Shares of Pixar Animation Studios Inc. (PIXR.O: Quote , Profile , Research ) stand to gain a day after its board approved a 2-for-1 split of the company&#...

Stocks Seen Flat to Slightly Off at Open

NEW YORK (Reuters) - Stock futures pointed to a flat to slightly lower open on Wednesday, with investors bracing for a key inflation figure and with oil prices still firmly above $50 a barrel. Merger activity may give markets a shot in the arm, as Medco Health Solutions Inc. (MHS.N: Quote , Profile , Research ) said it would buy specialty pharmacy services provider Accredo Health In...

Kerkorian to bid for big stake in GM

DETROIT (Reuters) - Billionaire Kirk Kerkorian's investment company on Wednesday offered to buy a large minority stake in General Motors Corp. (GM.N: Quote , Profile , Research ) at a premium to the struggling automaker's depressed stock price. The announcement from Tracinda Corp., which said it would spend up to $868 million to buy as many as 28 million GM shares, bo...

Harrah's closes merger with rival Caesars

By Deena Beasley LOS ANGELES (Reuters) - Harrah's Entertainment Inc. (HET.N: Quote , Profile , Research ) on Monday closed its $6.8 billion purchase of rival Caesars Entertainment (CZR.N: Quote , Profile , Research ) , creating the world's largest casino operator and upping its bet on Las Vegas. Chief Executive Gary Loveman said Harrah's has its...

Kerkorian bids for stake in embattled GM

DETROIT (Reuters) - Financier Kirk Kerkorian made a bold bet on General Motors Corp. (GM.N: Quote , Profile , Research ) on Wednesday, offering to more than double his stake to 8.8 percent in a move that raised investor confidence in America's industrial backbone and drove U.S. stocks broadly higher. The unexpected announcement by Kerkorian's Tracinda Corp., which could pressure GM's management into speeding up a restructuring, sent the automaker's shares soaring 18 perce...

As Gambling Goes Mainstream, Deals Mount

By Deena Beasley LOS ANGELES (Reuters) - The planned purchase of the storied Golden Nugget casino in Las Vegas by Landry's Restaurants Inc. (LNY.N: Quote , Profile , Research ) is further evidence of how gambling has become mainstream entertainment, analysts say. Outside businesses are looking favorably on the casino industry, which is known for generally strong cash ...  
 
 
 
 
 
 
 
 
 
 
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