News

Station Casinos abandons efforts to swap pair of secured term loans for unsecured notes

By ARNOLD KNIGHTLYLAS VEGAS REVIEW-JOURNAL

December 15, 2008 - 9:56 am

Station Casinos this morning announced it was abandoning its efforts to swap a pair of 10 percent secured term loans due in 2016 for five sets of unsecured notes.

The company had extended the deadline twice since announcing the offer on Dec. 25.

The company was seeking a private exchange of the debt at a significant discount to par. Senior noteholders were being offered $540 per $1,000 in debt; subordinated noteholders are being offered $200 per $1,000 of bonds.

Some of the debt was trading as low as $80 per $1,000 when the initial offer was made.

The Great Seal of the State of Nevada is hung on a wall in the Nevada Legislature. (Ellen Schmi ...

4 companies planning to expand in Clark County approved for over $1M in tax incentives

By Emerson Drewes / RJ

November 11, 2025 - 11:54 am

Four companies have been approved for over $1.18 million in abatements in Clark County in sectors such as fintech, car parts, defense and law enforcement training and textiles.

The Las Vegas Boat Harbor and Lake Mead Marina within the Lake Mead National Recreation Area on ...

States poised to blow past Colorado River deadline without a deal. Here’s what we know.

By Alan Halaly / RJ

November 11, 2025 - 10:41 am

Seven Colorado River states race to meet a federal deadline on a long-term water deal as tensions rise and the Trump administration eyes possible intervention.

People wait in line at the Southwest ticket desk at Harry Reid International Airport Sunday, No ...

Despite vote ending shutdown, Las Vegas airport still sees delays, cancellations Tuesday

By Richard N. Velotta / RJ

November 11, 2025 - 9:32 am

Because of a backlog of work, including inspections and safety checks, the nation’s aviation system isn’t expected to bounce back right away once Congress votes.

A California Highway Patrol cruiser in 2023. (Thaddeus Miller/The Fresno Bee/TNS)

Chased by police, driver covers 173 miles on California freeways before escaping into Mexico

Salvador Hernandez, Los Angeles Times

November 11, 2025 - 8:01 am

A minivan driver fled from police across four counties, speeding across freeways and evading the California Highway Patrol until the suspect made it across the border into Mexico, officials said, where they seemingly escaped.

An image of U.S. Army veteran Paul Millholland is photographed at family friend and fellow vete ...

Nevada widow’s quest: Lost records hamper late Army veteran’s recognition

By Casey Harrison / RJ

November 11, 2025 - 9:52 am

Jan Millholland seeks posthumous recognition for her late husband Paul, whose Army service records were lost in a 1973 military archives fire.

A Southwest Airlines plane taxis down the runway as others sit at gates at Baltimore/Washington ...

US flight cancellations will likely drag on even after shutdown ends

By Rio Yamat and Josh Funk Associated Press

November 10, 2025 - 8:50 pm

Air travelers should expect worsening cancellations and delays this week even if the government shutdown ends, as the Federal Aviation Administration rolls out deeper cuts, officials said.

Speaking to reporters, Senate Majority Leader John Thune, R-S.D., responds to Senate Democratic ...

Senate approves bill to end the shutdown in 60-40 vote

By Mary Clare Jalonick, Lisa Mascaro, Kevin Freking Associated Press

November 10, 2025 - 7:16 pm

The Senate passed legislation Monday to reopen the government, bringing the longest shutdown in history closer to an end as a small group of Democrats ratified a deal with Republicans.

Las Vegas emergency pantry helps feed over 1,700 dogs, cats

By Spencer Levering / RJ

November 10, 2025 - 5:34 pm

Cuts to SNAP benefits spurred by the government shutdown caused The Animal Foundation to organize and distribute nearly 9,000 pounds of pet food, its CEO Hilarie Grey said.

Nevada Republican Party Chairman Michael McDonald speaks as Clark County Republican Party Chair ...

Nevada’s Republican ‘fake electors’ among those pardoned by Trump

By Ricardo Torres-Cortez / RJ

November 11, 2025 - 9:49 am

President Donald Trump on Sunday issued preemptive pardons for six defendants accused in Nevada’s so-called “fake electors” case that charged prominent Republican Party officials in the state.

Senate passes spending bill: Nevada senators paved way to end 40-day government shutdown

By Ricardo Torres-Cortez / RJ

November 10, 2025 - 6:30 pm

By breaking rank with fellow Democrats, Nevada’s Sens. Catherine Cortez Masto and Jacky Rosen were instrumental in ending a stalemate that brought the federal government closer to reopening after more than 40 days.