45°F
weather icon Clear
Little done to prevent misuse of ‘internal disaster’
 
Little done to prevent misuse of ‘internal disaster’

It’s been one year since people were diverted from UMC on Oct. 1, but county policy remains unchanged. UMC issued an “internal disaster” alert that night, telling ambulance drivers to avoid the hospital. It apparently contributed to the erroneous dispatch that UMC was “completely out of beds.” The alert wasn’t intended for mass casualty incidents, but neither hospital nor local health officials plan to erect policy changes to preclude its use during them. Instead, the health district is relying on a technical change to the computer system on which the alert runs. And UMC instituted an extra sign-off on capacity notifications. “(‘Internal disaster’) must be available for hospitals to use at all times,” a UMC spokeswoman said in an email. “The codes provide important notifications to both EMS and area hospitals regarding hospital status.”

Waste management company files for bankruptcy
 
Waste management company files for bankruptcy

After a long-winded battle with waste-management company Republic Services, Simple Environmental Services Group has declared bankruptcy. The recycling and waste management company filed for bankruptcy with the U.S. Bankruptcy Court in July. According to Simple ESG’s filing, the company had more than 1,186,000 creditors, more than $1.05 million in reported assets and about $2.8 million in reported liabilities. The company used Republic Services — which has an exclusive franchise agreement with all municipalities in Southern Nevada — to collect clients’ trash. It also worked with other vendors to collect and haul recycling and provided additional services like graffiti removal. In a March 5 letter and obtained by the Review-Journal from Simple ESG to its clients, the company acknowledged that its clients had been receiving delinquent notices, service interruption notices, emails and phone calls regarding Republic Service accounts. Tim Oudman, area president at Republic Services

$84.3M of Las Vegas office space sold
 
$84.3M of Las Vegas office space sold

Las Vegas investor Ofir Hagay and partners recently bought several office buildings for $84 million combined. They picked up seven buildings in Summerlin and vacant space in Town Square Las Vegas. The sale comes as Las Vegas’ once-battered office market finds stronger footing. Hagay and other investors have been buying buildings amid job growth and shrunken vacancies.

SEC files complaint against Tesla CEO
 
SEC files complaint against Tesla CEO

U.S. securities regulators are asking a federal court to oust Tesla Inc.’s Elon Musk as chairman and CEO, alleging in a complaint that he committed securities fraud with false statements about plans to take the company private. The Securities and Exchange Commission says in the complaint filed Thursday that Musk falsely claimed in an Aug. 7 statement on Twitter that funding was secured to go private at $420 per share, a substantial premium over the price at the time.
Elon Musk, Tesla CEO Local experts say Tesla’s Gigafactory in Reno is secure — with or without its current CEO, and even if the company were to go belly up. Sam Abuelsamid, senior research analyst at Navigant Research

Nevada Gaming Statistics: The Last Six Months
 
Nevada Gaming Statistics: The Last Six Months

UNLV collects top-line results for the past six months in five Nevada reporting areas Here are some stats from February through July 2018 Statewide, gaming revenues are up 4.58% for the past six months, with a 3.33% increase in slot win and a 6.91% increase in game win. The Las Vegas Strip is up 5.16% for the period, with slot win up 2.05% and game win up 8.32% Downtown Las Vegas is up for the period (0.16%), with a higher slot win (+1.44 %) offset by a lower game win (-2.73%). The Boulder Strip is up 5.97% for the period. Slot win is up 6.42%, helped by an improving game win (+2.45%) Washoe County is up, with a higher total win (+5.37%), higher slot win (+5.88%), and higher game win (+2.97%) Source: UNLV center for gaming research https://gaming.unlv.edu/reports/6_month_NV.pdf

Shining Star schools
 
Shining Star schools

Rancho High School is one of 31 Shining Star schools in the state, which serve a high population of low-income students while also achieving academic success. But this year, the school lost half a million in weighted funding to help poor students or English language learners. The funding applies only to underperforming schools. Budget cuts and funding mechanisms have led some educators to feel they’re being punished for performing well.

Steve Wynn sexual misconduct allegations
 
Steve Wynn sexual misconduct allegations

Steve Wynn, the founder of Wynn Resorts, stepped down as CEO and chairman of Wynn Resorts in February amid investigations of sexual impropriety. Wynn released a statement at the time saying “In the last couple of weeks, I have found myself the focus of an avalanche of negative publicity.” “Therefore, effective immediately, I have decided to step down as CEO and Chairman of the Board of Wynn Resorts, a company I founded and that I love.” Wynn Resorts also released a statement saying, “Wynn Resorts remains as committed as ever to upholding the highest standards and being an inclusive and supportive employer.”

Miami developer ventures to Las Vegas
 
Miami developer ventures to Las Vegas

Miami developer Related Group is looking to build apartment complexes in the Las Vegas suburbs. The company had ventured to Las Vegas during the mid-2000s bubble to build condo towers. It never built them and instead flipped the project sites for big paydays. Related is returning amid an apartment-construction boom that’s heavily concentrated in the suburbs, especially the southwest valley.

Trump tariffs having an impact
 
Trump tariffs having an impact

November 2017: the White House imposed 20 per cent tariffs on imported Canadian lumber March 2018: 25 percent tariff on steel and 10 percent tariff on aluminum go into effect with exemptions for selected countries July: US tariffs on $34 billion of Chinese imports go into effect August: US imposes tariffs on $16 billion of imports from China September: US tariffs on $200 billion of Chinese imports take effect Source: Peterson Institute for International Economics, https://piie.com/system/files/documents/trump-trade-war-timeline.pdf

1 2 3 5
:)