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Lawsuit over plumbing settled for $90 million

District Court Judge Timothy Williams approved a joint motion Friday for a $90 million settlement of a class action lawsuit involving faulty Kitec plumbing fixtures manufactured by Canada-based IPEX.

Taxable sales fall across Las Vegas, state

A statewide sales tax report has revealed steep drops in economic activity inside Nevada’s restaurants, furniture stores, car dealerships and clothing boutiques.

Station Casinos said to be near brink of default

Station Casinos Inc., which operates Las Vegas-area properties including Red Rock Casino and the 2-month-old Aliante Station, may be on the brink of default, an analyst said Friday.

In Brief

Exxon Mobil breaks own record for profit

Democrats tout agenda

The Democrats who control the state Legislature, under pressure to come up with alternatives to the governor’s unpopular budget proposals, presented an agenda Thursday for the legislative session. Assembly Speaker Barbara Buckley and Senate Majority Leader Steven Horsford put forward plans to prevent home foreclosures, create “green” jobs and embark on an intensive budget-building process that includes long-term fiscal planning.
Thomas Mitchell’s blog

Study forecasts shedding of jobs

The local economy will shed nearly 4 percent of its work force in 2009, a nationwide group of public officials predicts.

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