Regulators seized Nevada Commerce Bank this afternoon, making it the 10th Nevada bank to fail since 2008.
City National Bank will assume Nevada Commerce Bank’s deposits. Deposits are insured up to $250,000 by the Federal Deposit Insurance Corp.
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Business for Allegiant Travel Co., the parent of discount flier Allegiant Air, grew modestly in March, but that may soon end.
The Las Vegas visitor tally was hurt by a major convention schedule change in February.
A District Court hearing to install a receiver at the World Market Center’s Building A was called off as unnecessary.
A plan buried in the Nevada recession has resurfaced. Marriott International plans to build a large hotel across the street from the Las Vegas Convention Center but has not laid out a timeline.
Thrifty is nifty these days. Just ask Savers, a nationwide chain of 220 for-profit thrift stores.