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Fed announces unprecedented actions to stabilize markets – VIDEO
 
Fed announces unprecedented actions to stabilize markets – VIDEO

The Federal Reserve announced several new measures on Monday. Among the announced programs
is a further commitment of $300 billion “supporting the flow of credit” for Main Street businesses. (Las Vegas Review-Journal)

Motel 8 on south Strip will become site of hotel-casino
 
Motel 8 on south Strip will become site of hotel-casino

Israeli hoteliers Asher Gabay and Benny Zerah bought Motel 8 on the south Strip for $7.4 million, records show. They plan to bulldoze the property and build a hotel-casino. Motel 8 was built in the 1960s and used to be one of several roadside inns on what’s now the south Strip. But it looks out of place today, dwarfed by the towering Mandalay Bay right across the street.

Bettor Investments turned into a bad bet
 
Bettor Investments turned into a bad bet

Bettor Investments formerly operated a Nevada-licensed entity betting operation. The company promised “conservative growth, profits and stability for our investors.” Matt Stuart, who ran the fund, shut it down in late 2016 and never made good on an agreement with shareholders.

Black History Month panel gives Las Vegas entrepreneurs advice
 
Black History Month panel gives Las Vegas entrepreneurs advice

Five people with experience in business and government spoke Friday to the Urban Chamber of Commerce in Las Vegas Among their advice: line up potential clients before starting a business, attend networking events and seek advice from experts in the industry The chamber, founded in 1980, has hundreds of members and focuses on the welfare of black-owned businesses in Las Vegas