LAS VEGAS (AP) - Las Vegas is getting a mega bowling facility. South Point Hotel and Casino announced Tuesday that it has struck a 12-year deal with the United States Bowling Congress to host several annual events in a new $30 million bowling center. The new facility will include more than 60 lanes. The hotel-casino expects to begin ...
PLANO, Texas (AP) - J.C. Penney on Monday confirmed that Goldman Sachs will provide it with $1.75 billion in financing. Rumors about the financing had begun to circulate Friday. The five-year senior secured term loan can be used to fund the company's operations as well as pay off some of its debt. It will be secured by real ...
NEW YORK (AP) - The prom is making a big comeback.
MENLO PARK (AP) - Facebook CEO Mark Zuckerberg reaped a gain of nearly $2.3 billion last year when he exercised 60 million stock options just before the online social networking leader's initial public offering. The windfall detailed in regulatory documents filed Friday saddled Zuckerberg, 28, with a massive tax bill. He raised the money to pay it by selling 30.2 million Facebook ...
S&P BOOSTS OUTLOOK FOR US GOV'T'S LONG-TERM DEBT: WASHINGTON (AP) - Standard & Poor's Ratings Services upgraded its outlook Monday for the U.S. government's long-term debt. S&P cited the government's strengthened finances, a recovering U.S. economy and some easing of Washington's political gridlock.
NEW YORK (AP) - Microsoft's upcoming Xbox One gaming console will be able to play used games, clearing up a worry among gamers and video game retailers such as GameStop, which trade in used games. That means video games discs users buy will not be limited to one Xbox One device, and players can share or trade in the games they have bought for other used games, just as they have been able to do ...
SACRAMENTO (AP) - PG&E and its contractors have agreed to pay $50.5 million to settle Department of Justice allegations that the utility was responsible for two wildfires that scorched 18,000 acres of national forest land in Northern California. The U.S. Attorney's office in Sacramento announced the settlement Thursday. DOJ alleged in a lawsuit that a dropped cigarette lit by a work crew hired by a PG&E contractor ignited a 2004 fire that burned 13,000 acres ...
SAN FRANCISCO (AP) - Microsoft will add its popular Outlook email program to more tablets running on a lightweight version of its Windows operating system as part of a free software update this year. The Outlook 2013 app will be given to owners of Microsoft's Surface tablet and similar devices running Windows RT. That's a slimmed down version of Windows 8, a radical overhaul of the ubiquitous operating system used on most personal computers. Microsoft ...