U.S. businesses continued to hire at a healthy pace in January. Payroll processor ADP said Wednesday that companies added 234,000 jobs. Job gains at that pace are easily enough to drive down an already-low unemployment rate. Companies have been steadily adding jobs for the past eight years. On Friday, the government’s employment report for January will likely show a gain of 175,000 jobs.
Copper Cat Books in Henderson NV opened in December. Madelyn Reese/ Las Vegas Review-Journal
Warehouse developer Prologis bought 57 acres of land near the Las Vegas Motor Speedway. The property is linked to Louis Schooler, a San Diego businessman who was accused of real estate fraud. Schooler sailed solo to French Polynesia and went missing there. His boat was found in July 2016 on a sparsely populated atoll. He was declared dead after a police officer saw a corpse wash off Schooler’s boat, into the ocean.
“I just think its really sad, but people aren’t guilty of anything, until, in fact, you have the actual information,” Las Vegas Mayor Carolyn Goodman said about Steve Wynn. Read more at reviewjournal.com. Nicole Raz Las Vegas Review-Journal
Las Vegas mogul Steve Wynn has been accused of sexual misconduct by dozens of people, according to the Wall Street Journal. Wynn is accused of pressuring employees to perform sex acts, the report said. “The idea that I ever assaulted any woman is preposterous” Steve Wynn’s statement to the WSJ The newspaper reported “a decades-long pattern of sexual misconduct.” The report included details of a $7.5 million settlement paid to a manicurist who complained about Wynn’s behavior.
The Culinary union will ask Las Vegas casinos and hotels to supply guest room attendants with panic buttons amid national attention to the issue of workplace sexual harassment. The proposal is part of the union’s demands as it readies for talks for 50,000 of its 57,000 employees on a five-year contract with casinos next month, said Bethany Khan, a spokeswoman for Culinary Local 226. Panic buttons would allow guest room attendants to notify security if they are in an uncomfortable or threatening situation. The union will be renegotiating contracts with Caesars, MGM Resorts International and several downtown casinos starting in mid February.
The Culinary union will ask Las Vegas casinos and hotels to supply guest room attendants with panic buttons amid national attention to the issue of workplace sexual harassment. The proposal is part of the union’s demands as it readies for talks for 50,000 of its 57,000 employees on a five-year contract with casinos next month, said Bethany Khan, a spokeswoman for Culinary Local 226. Panic buttons would allow guest room attendants to notify security if they are in an uncomfortable or threatening situation. The union will be renegotiating contracts with Caesars, MGM Resorts International and several downtown casinos starting in mid February.
Wynn Resorts Ltd.’s new Paradise Park will be powered entirely by renewable energy using a dedicated 160-acre solar array built 375 miles away near Fallon that is capable of producing up to 20 megawatts of electricity. According to Wynn officials, no other Las Vegas resort is powered by a larger percentage of green energy. The solar array is slated to go online within the next few months and will deliver enough renewable energy to power 5,056 homes and eliminate 33,734 metric tons of CO2 emissions from the environment annually.
A mysterious software firm is buying more than 67,000 acres of land in Northern Nevada with plans to showcase its technology there. Blockchains LLC — whose website does not list any executives, a phone number or clear explanations of what its software does — is acquiring the land at the Tahoe Reno Industrial Center. It buying a landmass triple the size of Summerlin, Las Vegas’ largest master-planned community. The seller, developer Lance Gilman, says a major announcement from the company is expected by the end of February.
McCarran International Airport has unveiled its $30 million face-lift of Terminal 1 Passengers are now greeted with brighter lights, new terrazzo flooring, silver-colored wall panels and digital signs throughout Terminal 1 Terminal 1 is home to market-leader Southwest Airlines, along with Spirit, American, Delta and Las Vegas-based Allegiant. Work wrapped up in November in sprucing up the airport’s baggage claim area, ticketing lobby and restrooms, but airport officials waited to unveil the final product until Wednesday.
Buck Wargo interviews President and CEO of Las Vegas Global Economic Alliance Jonas Peterson.
“If we stay the course, we have the ability to unlock a ton of economic growth going forward,” said Jonas Peterson, president and chief executive officer of the Las Vegas Global Economic Alliance. “This is an election year. A lot of decisions are going to be made. … The system is working.” Read more at reviewjournal.com. Nicole Raz Las Vegas Review-Journal.
Buck Wargo interviews Shareholder of Piercy Bowler Taylor & Kern Scott Taylor.
R.W. Garcia is one of the largest (top 20) food manufacturers by employment in Clark County, according to the Nevada Department of Employment, Training and Rehabilitation. R.W. Garcia makes tortilla chips. You probably didn’t think of your local bakery as a food manufacturer, but that is how the government classifies such establishments.
Buck Wargo interviews Brent Pirosch who is a gaming analyst with CBRE.
Google representative talks about how Google Assistant integrates with Tile, ehose technology helps you locate lost items like keys, bags and phones. (Todd Prince/Las Vegas Review-Journal)
Walmart Boosts Minimum Wage to $11,
Gives Out Bonuses to Employees Walmart gave credit to President Trump’s
tax cut for enabling the move. Doug McMillan, Walmart CEO Doug McMillan, Walmart CEO The big-box store chain hit the jackpot, with the corporate tax cut coming all the way down to 21 percent from 35 percent. Walmart will also pay a one-time cash bonus to eligible employees of as much as $1,000. Bonuses will be determined by the length of an employee’s tenure with the store. The wage increase will go into effect as soon as February and add about $300 million in costs to what Walmart was already planning for the upcoming fiscal year.
Esports Arena Las Vegas will officially open March 22 in the former Luxor LAX nightclub with a series of events. (Nicole Raz/Las Vegas Review-Journal)
A lifetime of free flights and other prizes will be handed out in 80 cities during a national promotion offered through Sunday by Las Vegas-based Allegiant Air.
T-Mobile’s new, nightclub-themed Las Vegas Strip store opened Thursday, Jan. 4, 2018. Visitors can access 25 portable phone chargers, a photo booth and a concierge desk for buying tickets to T-Mobile Arena. Upstairs is a virtual reality headset and a non-alcoholic drink bar with sodas and juice shots. The store employs 79 people and is 9,000 square feet. This is the company’s fifth signature-style store after New York, Chicago, Miami and Santa Monica.
Over 100 companies giving ‘Trump Bonuses’ after the federal tax overhaul, according to the Washington Examiner South Point became the first Nevada gaming company to join that list Thursday The casino will dole out more than $1 million in bonuses for 2017 to its employees, doubling the amount of bonuses for 2016 In a letter to employees Dec. 21, chairman and CEO of WynnResorts Ltd. Steve Wynn praised the tax cuts, but did not promise any bonuses or raises at the time.
Lucky Dragon was designed to to the Asian-American and Asian immigrant crowd in Las Vegas and West Coast cities Lucky Dragon was positioned to become that community’s locals casino, The Dec. 2, 2016, launch of the first direct flight between Beijing and Las Vegas right before the official opening gave the casino another potential customer base. But things didn’t go according to plan The Review-Journal investigated signs of financial struggles in December 2017 A statement from officials Thursday said, “Effective immediately Lucky Dragon Hotel & Casino is beginning the process of repositioning and, in doing so, will have a reduction in staff while it temporarily closes all gaming and restaurant operations.”
The demographics of Southern Nevada are growing increasingly young, diverse and wealthy. “The diversification of the types of companies in Las Vegas has created a larger workforce pool,” said Jason Bruckman, vice president of workforce recruitment in Las Vegas for national staffing company Eastridge Workforce Solutions. “I’ve seen the demographic trend skew to a younger workforce.” The transplants making Las Vegas their home today are also younger and bringing in higher median household incomes. “Two early causes for the higher wage appear to be higher wages in the geographies of origin and the fact that we are attracting a workers to fill higher wage positions,” Aguero said.
