Caesars Entertainment Operating Co (CEOC), the main operating unit of Caesars Entertainment Corp, said it would file for Chapter 11 bankruptcy protection by mid-next month to cut its burgeoning debt.
A former securities arbitration official's wrongful termination suit against the Financial Industry Regulatory Authority (FINRA) is set to head to trial, despite the Wall Street watchdog's effort to end the dispute, a U.S. judge has ruled.
Russia will not be intimidated over its actions in Ukraine and Crimea, President Vladimir Putin said on Saturday as his foreign ministry warned that it was preparing to retaliate against fresh Western sanctions.
Charlie Shrem, an outspoken supporter of bitcoins, was sentenced to two years in prison on Friday for indirectly helping to send $1 million in the digital currency to the Internet black-market bazaar Silk Road.
