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UNLV group strikes deal to buy 42-acre site for stadium, other uses

The University of Nevada, Las Vegas Foundation, UNLV’s nonprofit fund-raising arm, has entered a deal with Wells Fargo to buy a 42-acre site at Koval Lane and Tropicana Avenue for $50 million for a potential football stadium, or other uses.

Arena developers sign with sponsors Toshiba, Coca-Cola

Developers of the $375 million arena behind New York-New York on the Strip have signed two major global brands — Toshiba and Coca-Cola — as founding sponsorship partners for the venue that is scheduled to open in April 2016.

Proxy firm urges withholding votes for Wynn candidates

A leading independent proxy advisory firm has recommended that Wynn Resorts shareholders withhold their votes for two company-recommended candidates to serve on the company’s board of directors. Institutional Shareholder Services, which monitors boardroom actions for institutional investors, also did not endorse a vote for company co-founder Elaine Wynn.

Lazy Dog Restaurant opens, welcoming people and pooches

California-based Lazy Dog Restaurant opened its Downtown Summerlin doors to dogs and humans alike on Monday. The Las Vegas location, 1725 Festival Plaza Drive, is the 16th in the chain, which started in 2003.

Bank of Nevada elevates Guedry to role of CEO

Bank of Nevada has elevated John Guedry to the position of CEO. Guedry follows longtime banking leader Bruce Hendricks in the top role at Bank of Nevada.

Bill mandating paid sick leave opposed by business groups

A bill requiring employers to offer paid sick leave was met with opposition Monday by business groups who said it would cost Nevada employers millions of dollars a year.

Las Vegas is getting another Shake Shack

Shake Shack has announced plans to open a second location in Downtown Summerlin in 2016.