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October 30, 2014

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Business and Economy

Former NBA player Jackie Robinson, center, smiles during an event to announce the construction of the All Net Resort & Arena Wednesday, Oct. 29, 2014, in Las Vegas. Developers have announced that they will construct a privately-funded sports arena and resort backed by former NBA player Jackie Robinson.
Developers say work to begin on Strip arena at site of old water park
Oct. 30, 2014
Developers said Wednesday they're starting construction on a privately-funded $1.4 billion retractable-roof sports arena and resort backed by a former UNLV and National Basketball Association player at a former water park site on the Las Vegas Strip. Although they await final ...
Apple chief executive and Alabama native Tim Cook waves to the crowd before he is honored by the Alabama Academy of Honor at the Alabama state Capitol on Monday, Oct. 27, 2014, in Montgomery, Ala.
Apple CEO Tim Cook: ‘I’m proud to be gay’
Oct. 30, 2014
Apple CEO Tim Cook says he's proud to be gay. The public declaration, in an essay written for Bloomberg Businessweek, makes Cook the highest-profile business CEO to come out as gay. Cook said that while he never ...
Kingsley Edwards, founder of Leetcoin, in his home office in downtown Las Vegas, on September 15, 2014.
Startups need investors. Here’s a way they find them in Las Vegas
Oct. 30, 2014
Kingsley Edwards, a longtime video game enthusiast, was growing frustrated with just playing virtual casino games for bitcoins. He wanted to compete against other gamers the way online poker players do ...
Kim Anderson, CEO of Southern Hills Hospital, Monday Oct. 28, 2014.
Balloon rides, Ebola and business: A talk with a hospital CEO
Oct. 30, 2014
Kim Anderson is CEO of Southern Hills Hospital and Medical Center and the visionary behind the annual Balloon Festival, which lands in Las Vegas this weekend. He talks about how the festival got started, the growth ...
Greenspun Media Group announces promotions in key leadership roles
Oct. 30, 2014
Key leadership roles within the Greenspun Media Group were reorganized Wednesday to better serve advertisers in its five weekly print publications and the company’s …
Uber West Coast Regional Manager William Barnes sits in the back of a car during a photo shoot Friday, Oct. 24, 2014, in Las Vegas. The ride sharing company has begun operations in Nevada.
Judge refuses to put brakes on Uber ride-sharing service
Oct. 29, 2014
Uber scored an early victory in court today when a Clark County District Court judge declined to issue a temporary restraining order that would have prevented ...
Nevada taxable sales up 7.5 percent in August
Oct. 29, 2014
Taxable sales, one indicator of the Nevada economy, grew to $4 billion in August, a 7.5 percent increase from the same month a year ago. It was the 49th consecutive month ...
An aerial view of a residential neighborhood in Las Vegas, Nevada.
Investors’ retreat from Las Vegas housing market triggers sales slowdown
Oct. 29, 2014
When investors flocked to Las Vegas for cheap homes after the economy crashed, they resurrected the housing market with sorely needed ...
Uber West Coast Regional Manager William Barnes sits in the back of a car during a photo shoot Friday, Oct. 24, 2014, in Las Vegas. The ride sharing company has begun operations in Nevada.
Judge to hear motion today about Uber ride-sharing service in Las Vegas
Oct. 29, 2014
Less than a week after launching in Nevada, ride-sharing company Uber finds itself in court today fighting for the right to ...
Owners of the Hughes Center office park are building a retail plaza that's slated to open in summer 2015 with low-priced eateries. Above, a rendering.
Hughes Center adding cheaper eating options at office park
Oct. 29, 2014
Owners of the Hughes Center are bringing a slate of new eateries to the Las Vegas office park. The Blackstone Group, which bought the 68-acre property last year for $347 million, recently started construction of ...
The Wynn Macau and Encore towers, looking fairly familiar.
Casino mogul Steve Wynn still ‘very bullish on Macau’
Oct. 28, 2014
Wynn Resorts, which runs the Wynn and Encore properties on the Strip in addition to resorts in Macau, reported its third quarter earnings today. Wynn Resorts Chairman Steve Wynn ...
North Las Vegas Mayor John Lee gives the North Las Vegas State of the City Address at Aliante Casino in North Las Vegas, Jan. 16, 2014.
North Las Vegas looks to lure companies to industrial park
Oct. 28, 2014
North Las Vegas announced today it plans to establish an economic diversification district at its Apex Industrial Center to lure businesses with the same type of tax incentives given to Tesla in Northern Nevada. Mayor John Lee said ...
An exterior view of the Harmon tower in MGM Resorts' CityCenter on Thursday, Aug. 7, 2014. The 26-floor tower, deemed structurally unsound, will be demolished piece by piece.
Jury selection begins in case of flawed Strip hotel tower
Oct. 28, 2014
The Harmon Hotel tower was designed to soar 48 stories over MGM Resorts International's massive CityCenter complex, offering hotel guests and condominium owners unparalleled views at ...
Las Vegas Strip casinos can be seen behind new home construction in Summerlin Wednesday, July 30, 2014.
Report: Outlook for new-home sales not ‘too exciting’
Oct. 28, 2014
A sluggish year for Las Vegas homebuilders isn’t expected to pick up anytime soon, a new report says. Local builders sold 605 new homes last month, bringing the year’s total to ...
Dice roll across the craps table during the opening of the Downtown Grand Las Vegas Hotel and Casino in Las Vegas Sunday, October 27, 2013.
Nevada gaming revenue down nearly 6 percent last month
Oct. 28, 2014
Nevada gaming revenue dropped in September, the second straight month of decline, the state reported today. The state Gaming Control Board said Nevada casinos won ...

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