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EXCLUSIVE-Feds probe L.A.-area casino over cash transactions

ST LOUIS, May 22- A federal grand jury is probing a Los Angeles- area casino following allegations by state authorities the business allowed some players to evade transaction reporting requirements and possibly launder money, a source said. The grand jury is probing the operations of the Gardena- based Normandie Casino, the source said. Lauren Miller, general...
Source: Reuters | By: Brett Wolf
Pickets, bankruptcy greet Atlantic City casinos for summer

ATLANTIC CITY, N.J.- The crucial summer season will start with three Atlantic City casinos in bankruptcy and one beset by regular pickets and protests. Union members picketed Thursday evening outside the Trump Taj Mahal, in their seventh protest against the casino or soon-to-be-owner Carl Icahn over health insurance and pension benefits canceled by a...
Source: The Associated Press | By: By WAYNE PARRY, Associated Press
Stockton head passes on Maine job to unravel Showboat mess

ATLANTIC CITY, N.J.- The acting president of Stockton University is giving up a university presidency in Maine to help unravel the New Jersey school's stalled deal to convert a former Atlantic City casino into a satellite campus. Harvey Kesselman was named acting president on April 28, with the understanding he would leave Stockton to become president of the...
Source: The Associated Press | By: By WAYNE PARRY, Associated Press
DEALTALK-Abandoning Par IPO for $8 bln sale could help TPG with its own

May 18- TPG Capital LP may have helped its own campaign to go public after pulling Par Pharmaceutical Holdings Inc's IPO. TPG was preparing to begin an IPO investor roadshow for Par Pharmaceutical Holdings before it agreed to sell the generics drugmaker to Endo International Plc for around $8 billion. Founded in 1992 by David Bonderman and James Coulter, San...
Source: Reuters | By: Greg Roumeliotis and Olivia Oran
2014's highest paid CEOs  

CNBC's Sharon Epperson reports on the top five super earners in 2014.
Source: CNBC.com
Higher yields sting stocks as jobs take center stage

Payroll data will be key for bonds, stocks and the dollar, and it could set the stage for a bigger markets move when jobs report number is released.
Source: CNBC.com | By: Patti Domm
Higher rates sting stocks; markets await job data

Payroll data will be key for bonds, stocks and the dollar, and it could set the stage for a bigger markets move when jobs report number is released.
Source: CNBC.com | By: Patti Domm
Caesars gets temporary extension to keep control of bankruptcy

CHICAGO, April 29- A judge on Wednesday allowed the operating unit of Caesars Entertainment Corp to control its bankruptcy for another month, as creditors try to reach common ground with a court-appointed investigator probing the company's pre-bankruptcy dealings. An independent examiner has been tapped to investigate whether the company's equity...
Source: Reuters | By: Tracy Rucinski