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Updated: 12 min 22 sec ago

Revel: Atlantic City's Most Expensive Failure

Tue, 09/02/2014 - 3:58am

Gamblers placed their last bets Tuesday morning at the casino which just opened two years ago. Meanwhile, the Showboat shut down over the weekend and the Trump Plaza closes later this month.

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Summer Box Office Receipts Are The Worst In 8 Years

Tue, 09/02/2014 - 3:58am

Steve Inskeep talks to Kim Masters, editor-at-large for The Hollywood Reporter, about the business of the box office. She's also the host of member station KCRW's The Business.

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Detroit Bankruptcy Battle Begins In Federal Court

Tue, 09/02/2014 - 2:30am

The city's plan to restructure its debt has been praised as a creative way to protect both pensioners and its art museum. But some creditors — and residents — feel like they're being railroaded.

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Eric Cantor Joins Wall Street Investment Bank

Tue, 09/02/2014 - 1:30am

Former House Majority Leader Eric Cantor is joining the boutique investment bank Moelis & Company. The Virginia Republican was unexpectedily defeated in a June primary.

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As Casinos Close, Atlantic City Tries To Pivot Focus Elsewhere

Mon, 09/01/2014 - 3:07pm

Thousands of employees lost their casino jobs with the closure of the Showboat and Revel casinos in Atlantic City. This is the latest development in a painful transition for Atlantic City, which faces greater competition for gamblers from neighboring states.

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Why Do We Blindly Sign Terms Of Service Agreements?

Mon, 09/01/2014 - 3:07pm

Audie Cornish talks with University of Chicago Law School professor Omri Ben-Shahar about terms of service agreements for software and websites.

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Showboat Casino Is Latest In Atlantic City To Close Its Doors

Mon, 09/01/2014 - 10:08am

The casino's closure will be followed today by the shutdown of The Revel. The Trump Plaza Hotel and Casino will likely close Sept. 16. They are casualties of competition from outlets in other states.

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It Might Sound Stupid, But Maybe It Isn't The Economy This Time

Mon, 09/01/2014 - 8:21am

An oft-repeated bit of campaign advice held that, "It's the economy, stupid." But maybe in this mid-term election cycle, that's not quite right.

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