as ceo of mgm resort, he runs a dozen resort casinos in vegas with 50,000 workers, mgm is the largestnevada and its biggest source of tax revenue. >> we alone, one company, represents about 12% of the entire state budget. >> while tourism and gaming revenue are rising again, the state's largest casino still lost $4 billion last year. >> there are plenty of casualties along the strip. that's the half-built skeleton of the echelon. a planned five-hotel mega resort. but construction was stopped when the recession hit and has never resumed. >> up the strip, the bankrupt fon tan blue is also unfinished. the sahara closed doors last may. even mgm's massive city center, the largest privately-funded construction project in u.s. history nearlily didn't make it. >> we need to diversify our economy. >> for entrepreneurs, the city hasn't made it easy. >> if it wasn't a high-rise building orca sin owe, no one wanted to talk to you. >> mendenhall is executive vice president of switch, a high tech hub for data storage. its clients include the government, banks and fortune 500 companies. >> you're ac

i'm calling about mgm. buy, sell or hold?m, i think, is a -- i've got to tell you, first of all, the casino stocks are coming back. seconds vegas real estate has come back. henderson county is coming back. i think mgm is now the steal of the three. it is speculative, but i really, really like it here. now we're going go to larry who is super bowl bound, no doubt, in indiana, larry. >> hey, jim, a boilermaker boo-yah from west lafayette. >> holy cow! boilermakers, it was a larry bird. >> which high-end alcoholic beverage do you like better long-term as the economy continues to recover and should we wait for a pullback considering both companies are near their 52-week high? >> you know, i happened to have sampled both in great arc bupdance this very weekend. i can give you a taste test. diageo is cheaper. listen, if they had a bottle of jack i could at least use a little mouth wash. i think deageio represents better long-term growth. i'll say diageo, and then jim beam. although i have to tell you, the nigh high-end beams are pr

opensecrets.org says only two fortune 500 companies were active donors-- ohio-based american financial group and mgm resorts. >> companies are typically cautious animals; they want to avoid the limelight. >> reporter: target is the exception that proves the rule. in 2010, the retailer donated $150,000 to support a republican running for governor of minnesota. >> and when it was discovered that target had made this big contribution, there was a consumer backlash-- a consumer boycott by gay rights activists and moveon.org activists. and nobody wants to be the next target. >> reporter: supporters ofai mpinca f rgncem anoref campaign finance reform want to make sure investors know what publicly traded companies are doing with their cash. u.s. public interest research group is asking the s.e.c. to require more timely disclosure of corporate contributions to super-pacs. >> i save up money because i really support someone or some issue, and i don't want to know that my pension fund is going behind my back and doing the opposite. >> reporter: many corporate executives have donated to super-pacs, but the onl

attorney asked the judge to postpone that sentence to give the boxer time to train for a fight at the mgmyweather brings in hundreds of millions of dollars in profits for the city when he fights. >>> just ahead on the news edge at 6:00, he took $350,000 of your taxpayer dollars. tonight, we know exactly what he spent it on. new details on harry tho miss 's guilty plea. and hitting new lows up north in new hampshire. the new attack video aimed at john huntsman that is lighting up the web. and impressive job numbers bringing unemployment to its lowest rate in nearly three years. will it last? ♪ ♪ [ male announcer ] combine a pnc cashbuilder visa credit card with a pnc performance select checking account and get up to 1.75% cash back for just about every purchase. learn more and apply today at pnc.com/cashbuilder. pnc bank. for the achiever in you. plan.  >>> cosmo magazine has been around for a long time. a petition to band cosmo from openly sitting on magazine racks got signatures. they were concerned about the headlines. the magazine should be displayed in

my favorite is phil silvers who was an mgm contract player.ce" he said, i'm a jewish actor from brooklyn. they said learn the lines and audition. and he was supposed to say i think you should not get married. and he said, first of all -- >> thanks so much for joining us. up next, we'll learn how to make american classics, short ribs and pound cake, not together but at the same time. >>> this morning in today's kitchen, what's on the menu? timeless american meals made simple. from short ribs to pound cake, chef richard rosedale, executive chef at greenbriar in virginia is here. you've got exciting recipes that you might find intimidating, but you said you found ways to make them simple. >> we picked dishes that are timeless and try to put a contemporary spin. >> normally you braise the short ribs for 48 hours, how do we shorten it up? >> i'm going to ask you to help me out. if you can grab the vegetables, the celery, onions and carrots. >> and throw it in there. we're good. >> okay. >> perfect. and what we've got here is this the pot we've sear

i do like mgm. >> d.r. horton out with earnings. >> surprised at the positive.ng to continue to power higher. >> wendy's downgraded from neutral to buy at ubs. >> why was ubs recommending this at all? if a person downgrades mcdonald's there needs to be opportunity at 96, 97. tuch yield. >> kla-tencor. >> best quarter. when that merger with knis through, you've got a power house. >> american electric. >> it's fine. it's got a lot of coal. don't shoot the messenger. that's what they are. they were told to build that stuff by jimmy carter. now they're paying the place. 30, 40-year coal plants. epa wants to shut them. >>> more on these stocks. a couple big movers on the networking space causing ripples. report from juniper as well as riverbed. the current quarter was decent. guidance not good. juniper one of the biggest losers on s&p 500. riverbed also down sharply. and cisco is down as well, although some would argue that cisco is causing the pain. >> i think -- i know juniper well. i think k.j., kevin johnson, struggling here with a product line-up that was meant

my favorite is phil silvers who was an mgm contract player.you should not get married. and he said, first of all -- >> thanks so much for joining us. up next, we'll learn how to make american classics, short ribs and pound cake, not together but at the same time. hey guys, breakfast! ♪ [ female announcer ] if whole grain isn't the first ingredient in your breakfast cereal, what is? now, in every box of general mills big g cereal, there's more whole grain than any other ingredient. that's why it's listed first on the side. from honey nut cheerios to cinnamon toast crunch to lucky charms, get more whole grain than any other ingredient... without question. just look for the white check. >>> this morning in today's kitchen, what's on the menu? timeless american meals made simple. from short ribs to pound cake, chef richard rosedale, executive chef at greenbriar in virginia is here. you've got exciting recipes that you might find intimidating, but you said you found ways to make them simple. >> we picked dishes that are timeless and try to put a co