Airport project finishes ahead of schedule
A construction project McCarran International Airport officials had hoped to finish before summer is done ahead of schedule.
On Friday, officials at the airport declared resurfacing of the 25L/7R runway and adjacent taxiway complete, save for some finishing touches.
The 10,500-foot runway has been under renovation since August and closed to traffic since Nov. 1. It should return to service by May 1.
At a cost of about $75 million, with nearly $31 million from the Federal Aviation Administration, workers at the airport replaced 144,000 cubic yards of asphalt and concrete with 200,000 cubic yards of concrete and 57,500 cubic yards of new asphalt.
Bank in Elko closed by federal regulators
Regulators late Friday closed Great Basin Bank, a $271 million-asset bank headquartered in Elko. Great Basin is the fourth Nevada bank to fail in the last 10 months.
Financial Institutions Division Commissioner George Burns said that Nevada State Bank will assume all $221 million in deposits at Great Basin, including those that exceed federal deposit insurance limits. Nevada State also agreed to buy $252 million of the assets.
The Federal Deposit Insurance Corp. estimated that the failure of Great Basin will cost the bank insurance fund $42 million.
AT&T support center opens up in Reno
AT&T has opened its High Speed Internet Technical Support Center in Reno.
The center will employ about 300 customer assistants and managers who help AT&T High Speed Internet subscribers with questions related to service.
AT&T opened a similar center in Las Vegas in October. It now employs 400 workers.
LV Chamber to present business survival event
The Las Vegas Chamber of Commerce has scheduled a Business Survival Boot Camp event from 9 a.m. to 1 p.m. today inside the trade group’s Town Square headquarters, 6671 Las Vegas Blvd. South, Suite 300.
The boot camp will cover topics ranging from cash-flow management and business strategies to identifying customer needs and creating a communications plan.
Cost is $40. Call 641-5822 for information.
Price for benchmark note falls; yield rises
The benchmark 10-year Treasury note fell 0.96 points to 98.28. Its yield jumped to 2.93 percent from 2.83 percent late Thursday, approaching the 3 percent level.
The 30-year bond fell 1.53 to 94.56, and its yield rose to 3.78 percent from 3.71 percent.