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Artisan Hotel gets new life

Local hospitality operator Siegel Group acquired the Artisan Hotel on Friday, adding the troubled property to the company’s growing portfolio of local boutique hotels.

IN BRIEF

NEW YORK

Keep your 401(k) safe with these tips for ’10

DES MOINES, Iowa — Millions of 401(k) accounts have made up lost ground over the last 10 months. Helped by a stock market surge and continued contributions, the question now is how to keep from backsliding when market momentum slows or reverses.

Market share slot cap scrapped

Pennsylvania authorities have wiped out a 4-year-old limitation that held an individual slot machine manufacturer to just 50 percent of the games on a casino’s gambling floor.

Observer sees more suffering

For the first time in 27 years, the International Builders Show won’t feature The New American Home, a showcase of the latest home-building concepts, materials and construction techniques that eventually find their way into production homes across the nation. … The home being built by Domanico Custom Homes of Las Vegas was on schedule for completion in time for the industry trade show that runs through Friday at the Las Vegas Convention Center. … Then it got caught up in the credit crisis that has hammered the home-building industry. The private lender that was financing the project ran into its own credit problems and had to withdraw funding. … That’s a pretty good indication of what lies ahead for homebuilders in 2010 and beyond.