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January 29, 2015

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Business and Economy

In this Jan. 15, 2015, photo, Federal Reserve Chairwoman Janet Yellen is acknowledged by International Monetary Fund Managing Director Christine Lagarde, right, with British Prime Minister David Cameron, during a roundtable meeting at the IMF in Washington.
Fed sees strengthening economy but stays ‘patient’ on rates
Jan. 28, 2015
The Federal Reserve's outlook for the U.S. economy is steadily brightening. Yet the Fed will be "patient" in raising interest rates from ...
Many Nevadans’ personal finances put their economic future at risk, report says
Jan. 28, 2015
Nevadans may not be on the edge of financial disaster anymore, but their personal finances remain among the worst in the country, with many residents unable to ...
A line of customers waits to order sliders at the grand opening of White Castle at the Best Western Plus Casino Royale on Tuesday, Jan. 27, 2015, on the Strip.
White Castle reopens after closing to restock amid huge crowds
Jan. 28, 2015
An influx of White Castle burger lovers caused the newly opened fast-food joint to close for more than two hours to restock. White Castle opened at 2 p.m. Tuesday at Casino Royale on the Strip, with ...
Steve Hill, with the Governor's Office of Economic Development, answers questions on the Senate floor during the second day of a special session at the Nevada Legislature, Thursday, Sept. 11, 2014,  in Carson City, Nev.  Lawmakers are  considering an unprecedented package of up to $1.3 billion in incentives to bring Tesla Motors' $5 billion battery factory to the state.
$12 billion, 14,000 jobs, 33 new companies: Nevada’s economic recovery by the numbers
Jan. 28, 2015
It’s been three years since Gov. Brian Sandoval unveiled plans to remake Nevada’s economic development efforts, launching a Governor’s Office of Economic Development and ...
4 buddies did unheard of in ‘World Series’ of NFL betting
Jan. 28, 2015
If there's a secret to how four buddies managed to beat the house 76 percent of the time during the NFL's regular season to win a record-setting ...
An exterior view of Caesars Palace, June 6, 2013.
Judge says Caesars bankruptcy case will proceed in Illinois
Jan. 28, 2015
A federal judge in Delaware ruled Wednesday that the Chapter 11 case of casino giant Caesars Entertainment Corp. will proceed in Illinois, denying a motion by several ...
An exterior view of Caesars Palace on Thursday, June 6, 2013.
Judge ready to rule on venue for Caesars bankruptcy case
Jan. 27, 2015
A Delaware judge is set to rule on whether the Chapter 11 case of casino giant Caesars Entertainment Corp. should proceed in Delaware or in Illinois. After hearing final arguments Tuesday, the judge said he would rule on Wednesday. Several creditor groups want the case to proceed in Delaware, where they filed ...
Nevada unemployment rate dips to 6.8 percent in December
Jan. 27, 2015
Nevada’s unemployment rate last month dropped to 6.8 percent, its lowest since June 2008 and down from 9 percent in December 2013. The rate was also down from ...
President Barack Obama listens at right as U.S. Attorney Loretta Lynch speaks in the Roosevelt Room of the White House in Washington on Saturday, Nov. 8, 2014, where the president announced he would nominate Lynch to replace Attorney General Eric Holder.
Gaming lobby entering debate on Obama’s pick for attorney general
Jan. 27, 2015
Seeking a federal crackdown on illegal gambling, the gaming industry’s leading Capitol Hill lobby is wading into the debate over President Obama’s pick to be ...
A KB Home roof is tiled during the Super Saturday sales event at the master-planned community of Inspirada on Saturday, Oct. 4, 2014.
2014 not a robust year for Las Vegas homebuilders
Jan. 27, 2015
Las Vegas homebuilders, after bouncing back strong from the recession, had a lackluster 2014. Sales volume dropped hard, prices were volatile, and after ramping up construction plans in the first half of the year, developers pulled back sharply ...
Las Vegas philanthropists to meet to talk strategies, successes
Jan. 27, 2015
About 150 philanthropists will gather Feb. 6 for the fourth annual Philanthropy Leaders Summit at Las Vegas City Hall. The agenda will include local and national speakers sharing new and time-honored fundraising and operating strategies. ...
Las Vegas limo company gets $200,000 fine for shorting its workers
Jan. 26, 2015
A Las Vegas limousine company has been fined $232,317 for illegally withholding pay from nearly 500 employees. An investigation found that limousine and shuttle bus service Executive Las Vegas made improper ...
Protesters to rally against high payday lending fees
Jan. 26, 2015
With federal regulators scrutinizing payday lenders, activists in Las Vegas and across the country will take to the streets to protest an industry known for its sky-high fees. The Progressive Leadership Alliance of Nevada plans to ...
Blake Sartini in the Gold Bar, a private enclave in Golden Gaming headquarters, on Thursday, Feb. 2, 2012.
Golden Gaming to take over Maryland casino in merger with Minnesota company
Jan. 26, 2015
Golden Gaming is growing again — this time beyond state lines. The Nevada tavern and slot route operator announced ...
In this Monday, Jan. 12, 2015, photo, a man takes pictures of Caesars Palace in Las Vegas.
Attorneys battle over venue for Caesars bankruptcy case
Jan. 26, 2015
A court battle over whether the bankruptcy case of casino giant Caesars Entertainment Corp. should proceed in Delaware or in Illinois was postponed Monday because of a snowstorm bearing down on the East Coast. The judge presiding over ...

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