VINTAGE VEGAS: The Business Press looks at 25 of the Las Vegas Valley’s oldest businesses. All of them have figured out how to adapt to a rapidly evolving city that has a habit of erasing history by demolishing its well-known landmarks.
Alex Yemenidjian, a former top executive at MGM Grand and his partners, Canadian private equity firm Onex Corp., are launching a nearly $100 million plan to renovate the Tropicana, a 52-year-old property. The Review-Journal recently talked to Yemenidjian about the ambitious project.
Gridlock traffic can be a jaw-grinding, blood-boiling experience. Yet, despite a load of road construction projects under way to help ease traffic woes, commute times are set to worsen in the Las Vegas Valley. The biennial Nevada Legislature adjourned this year without addressing a looming $7 billion state transportation funding shortfall over the next decade. This has resulted in slashed highway construction spending amid record growth.
Jason Lindstrom saved a soldier’s life by reading a letter, a letter the soldier had written to his mother in case he didn’t come home.
CHASKA, Minn. (AP) — Y.E. Yang won his first major title at the PGA Championship today, and he took down Tiger Woods to do it. The South Korean finished at 8-under 283, three strokes ahead of Woods. Yang is the first Asian-born player to win a major.
It is only the second time Woods has lost when having the lead going into the final round on the PGA Tour, and the first time at a major. The world’s No. 1 player finishes the year without a major title for the first time in five years.