Mgm | featured news

Round two of due diligence has begun in the process to find a buyer for MGM, with a couple Hollywood studios figuring among the half-dozen advancing bidders.

MGM's ongoing financial difficulties could be reaching the point of no return -- which would complicate the futures of the Bond franchise and "The Hobbit."

Floyd Mayweather Jr. weighed in at 146 pounds on Friday afternoon, two pounds heavier than the weight stipulated in the contract for his comeback fight against lightweight champion Juan Manuel Marquez on Saturday night at the MGM Grand Garden Arena.

Britain's Ricky Hatton loses his light-welterweight fight against Manny Pacquiao at the MGM Grand in Las Vegas.

Shares go on a roller coaster, first dropping sharply on reports that bondholders were pushing to force the company into Chapter 11, and then rising fast on news that it cut a deal with its joint-venture partner on its multibillion-dollar CityCenter project.

Allen Iverson has been banned from both MGM and Greektown casinos in downtown Detroit, the Detroit News reported on its Pistons blog.

MGM and the Farrelly brothers are closing in on their cast for “The Three Stooges.” Studio has set Sean Penn to play Larry, and negotiations are underway with Jim Carrey to play Curly, with the actor already making plans to gain 40 pounds to approximate the physical dimensions of Jerome “Curly” Howard.