Real estate observers said they’re watching how strict construction-defect rules that took effect in February will shape the market for condominiums and townhomes.
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President Barack Obama said on Tuesday the financial crisis in Greece should not create a major shock for the U.S. economy, but warned that its fallout could dampen global growth and encouraged both sides to reach a deal.
As record-high U.S. egg prices caused by a recent avian flu outbreak have swept the nation, Las Vegas Valley businesses are trying not to, well, crack as price increase affect commercial bakeries, retail customers and restaurants.
Molycorp Inc. failed to get approval from a U.S. Bankruptcy judge on Friday to borrow about $44 million at the rare-earth producer’s first bankruptcy hearing.
Taxable sales in Nevada rose in April, driven by big gains in sales by bars and restaurants, car dealers and building-material suppliers. Sales of tangible goods increased 5.5 percent year-over-year in April, to $4.12 billion, the state Department of Taxation reported Friday. Sales in Clark County were up 6.8 percent, to $3.11 billion.
Molycorp Inc., the only U.S. supplier of rare earths, filed for Chapter 11 bankruptcy protection on Thursday along with its North American subsidiaries to restructure $1.7 billion of debt in its U.S. and Canadian operations. The mine is near the border of Southern Nevada and California and employs Las Vegans who commute to work there.
Landry’s Inc. and Dotty’s Gaming and Spirits, among others, filed a federal lawsuit Friday in Las Vegas against Nevada Gov. Brian Sandoval and the state’s labor commissioner, Shannon Chambers.
The valley’s unemployment rate fell to 6.6 percent in May, down from 7.2 percent in April and 7.8 percent in May 2014, the state Department of Employment, Training and Rehabilitation said Tuesday. It was a seven-year low.
Nevada’s jobless rate fell slightly in May, as nearly all big employment sectors added jobs. Employers statewide added 8,000 jobs from April to May.
In a major shakeup of his senior management team, Microsoft CEO Satya Nadella has ousted three key executives. The most notable leaving is former Nokia CEO Stephen Elop.
PDQ, a restaurant brand known for chicken tenders, salads and sandwiches, plans to open its second Southern Nevada location in July at 3010 W. Sahara Ave.
Nevada has enough water not only for today, but for tomorrow — even a tomorrow that includes hundreds of thousands of new Las Vegans and millions more tourists.
The share of Clark County borrowers making low down payments jumped to 36 percent in the first quarter, up from 31 percent a year earlier.
U.S. job growth accelerated sharply in May and wages picked up, signs of strong momentum in the economy that bolster prospects for a Federal Reserve interest rate hike in September.
Fund managers from T. Rowe Price, Janus, and Mairs & Power have increased stakes in firms such as Ecolab Inc, Roper Technologies Inc and Flowserve Corp that make smart meters, efficient heaters, and software that helps cut water usage.
The “Heavy Hitters” in waste management came out swinging in Las Vegas on Wednesday with one them calling recycling a “broken model.”
Taxable sales edged up statewide and in Clark County in March, the state Department of Taxation reported Tuesday. Nevada businesses sold $4.55 billion in tangible goods in the month, up 2.6 percent from $4.43 billion in March 2014.
The Las Vegas Valley’s unemployment rate ticked down in April as the city’s employers added more jobs than expected.
Nevada’s jobless rate held steady at 7.1 percent for the fourth straight month in April, the state Department of Employment, Training and Rehabilitation reported Wednesday.
The Los Angeles City Council voted on Tuesday to increase the minimum wage in the nation’s second-largest city to $15 an hour by 2020 from the current $9, in a victory for labor and community groups that have pushed for similar pay hikes in several U.S. municipalities.
Once a Hollywood darling, the off-Strip Las Ramblas megaresort was a recession flop. Its vacant 60-acre site goes on sale Monday at a fraction of its past value.
Americans are becoming more apt to quit their jobs, a government report showed on Tuesday, a sign that a stronger labor market and falling unemployment rate could result in healthier wage growth and inflation.
Verizon Communications Inc is buying AOL Inc in a $4.4 billion bet that a push into mobile video and targeted advertising can help the biggest U.S. telecommunications company find new growth avenues.
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