Why is Warren Buffett buying utility stocks? Because "that's where the cash is," says award-winning author and Bloomberg News columnist John Wasik. Wasik's new book, "The Merchant of Power" (Palgrave, 2006), offers insight into the fascinating and evolving history of electrical-generating companies. Acclaimed by industry experts, "The Merchant of Power" delves into the history of the industry from Thomas Edison in the 1880s to the collapse of Edison protégé Sam Insull's powerful utility holding empire in 1932.

"Utilities have been cash generators for years, but unloved by the market in the wake of the Enron fiasco and industry consolidation," said Wasik, who doesn't pick stocks but can talk about industry history and growth. "Buffett is likely seeing utilities as palpable bargains. In addition, th...

Borgata Hotel Casino and Spa will unveil the largest poker room in Atlantic City on June 30, 2006, further staking its claim as a premier poker destination.

Borgata's 85-table, 21,500 square-foot poker room will feature an eighteen-table High Limit Room offering food service; a nine-table tournament area offering bleacher seating for tournament viewing that can be partitioned off as a "reserved" poker area, and a 58-table Main Poker Room offering live poker action outfitted with plasma televisions. As an added convenience, a safe deposit box room is provided by Borgata for poker customers. Already known as the East Coast's preeminent poker hub, Borgata will offer the largest variety of games and limits in Atlantic City including all variations of Texas Hold'em, Seven-Card Stud and Omaha.

To celebrate the opening of the poker room, Borgata has lined up exciting events throughout the summer:

WIP Grudge Match Final Table: June 30, 2006

WIP Sports Talk hosts Angelo Cataldi...