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October 25, 2014

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Business and Economy

Taxis wait at "the pit" for fares at McCarran International Airport. At any time, there are about 2,000 cabs on Las Vegas streets.
Uber arrives in Las Vegas today; battles with taxi companies loom
Oct. 24, 2014
Technology company Uber has arrived in Las Vegas and plans to launch its ridesharing service today, a move that could spark an all-out battle with ...
The Revel resort, right, is shown next to the closed Showboat in Atlantic City, Monday, Sept. 1, 2014. Four of Atlantic City's 12 casinos have closed this year.
Gaming industry could soon grow — or shrink — in these 5 places
Oct. 24, 2014
As Las Vegas’ major gaming companies are considering further domestic growth, states such as Massachusetts, New Jersey and California are themselves debating the expansion — or retraction — of gambling ...
Report: Apex Industrial Park could create 57,960 jobs
Oct. 23, 2014
North Las Vegas has big plans for the 7,000 acre Apex Industrial Park north of the city that could create thousands of jobs and billions of dollars in economic impact. But getting ...
Nevada solar plant workers get nearly $2 million in back pay
Oct. 23, 2014
Federal labor officials have recovered almost $2 million in unpaid compensation for workers at a 1,600-acre solar-panel plant near Tonopah. The U.S. Department of Labor said today it recovered about $1.91 million in back wages and fringe benefits for ...
South Point poker website gets final approval
Oct. 23, 2014
South Point’s online poker website, Real Gaming, received final approval from state gambling regulators today. Real Gaming became the third real-money online poker site to operate in Nevada when it ...
This Aug. 9, 2011, file photo, shows a Wall Street street sign near the New York Stock Exchange, in New York.
Stocks surge as U.S. companies report higher profits
Oct. 23, 2014
Stocks are rising sharply in afternoon trading, driven by big profit gains from U.S. companies. Caterpillar and 3M led the gains among industrial stocks, which rose significantly more than the rest of the market. Caterpillar rose ...
In this Oct. 11, 2014, photo, Earvin "Magic" Johnson addresses the audience after receiving the Brass Ring Award for his humanitarian efforts at the 2014 Carousel of Hope Ball at the Beverly Hilton Hotel in Beverly Hills, Calif.
Magic Johnson ready to assist tech in diversity
Oct. 22, 2014
Retired Los Angeles Laker Magic Johnson became famous for dishing out assists to his teammates during his Hall of Fame basketball career. Now, as an entrepreneur focused on minority markets ...
The Trump Taj Mahal casino and resort is pictured Sept. 10, 2014, in Atlantic City, N.J.
Casino owner: Taj Mahal to stay open throughout November
Oct. 22, 2014
Trump Entertainment Resorts is dropping its threat to close Atlantic City's Taj Mahal casino on Nov. 13. The company said Wednesday it still cannot guarantee the Taj Mahal won't close by the end of the year, but added it will definitely remain open throughout ...
An Allegiant Airlines jet takes off from McCarran International Airport on Friday, Aug. 26, 2011.
Allegiant Travel earnings down 17 percent for 3rd quarter
Oct. 22, 2014
The parent company of Las Vegas-based Allegiant Air, a discount carrier that connects small cities to resort destinations, reported earnings today for the third quarter ending Sept. 30. Allegiant, with small base fares and lots of add-on fees, said its average total fare ...
A view of the white "bathtub" ring around Lake Mead Monday, Aug. 18, 2014. Taken in the area near Callville Bay Resort & Marina.
Company’s water conservation contest offers cash prizes for students
Oct. 22, 2014
Las Vegas K-12 students have a chance to turn ideas about water conservation into cash, courtesy of ...
Las Vegas-based casino owner Full House Resorts looks for buyer
Oct. 22, 2014
Full House Resorts Inc., the casino and hotel operator, said Wednesday that it is putting itself up for sale. The company, based in Las Vegas, evaluated strategic alternatives and decided that ...
The grand opening of SLS Las Vegas on Friday, Aug. 22, 2014, on the Strip.
SLS helping keep north Strip from going south, nearby business operators say
Oct. 22, 2014
For businesses on the north end of the Strip, the opening of the tourist corridor's first casino since the recession — SLS Las Vegas — hasn't been a game-changer. But it has led to ...
This Thursday, Dec. 19, 2013, photo shows a Target retail chain logo on the exterior of a Target store in Watertown, Mass.
Target offers free shipping on all holiday items
Oct. 21, 2014
Target Corp. is offering for the first time free shipping on all items for its online holiday customers, including even $6 lipsticks, as the discounter throws itself in the ring to compete better with ...
A view of the pool at Oasis at Gold Spike in downtown Las Vegas on Tuesday, Oct. 21, 2014. The Oasis, a boutique hotel owned and operated by the Downtown Project, officially unveiled renovations during a tour Tuesday.
Downtown Project shows off Oasis boutique hotel
Oct. 21, 2014
The Downtown Project has entered the hotel business. The $350 million campaign to transform the once-blighted area around East Fremont Street now includes a 44-room boutique hotel ...
Pro leagues, NCAA file to stop New Jersey sports betting
Oct. 21, 2014
The four major U.S. pro sports leagues and the NCAA have made another court filing in their efforts to stop New Jersey from allowing legalized sports betting. The order to show cause was filed ...

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