Shares of Tesla Motors Inc. gained more than 40 percent in their public trading debut Tuesday after the electric car manufacturer raised more money than expected in its initial stock offering. Investors snapped up Tesla’s shares even as the broader markets took a beating. The electric car maker, based in Palo Alto, Calif., is the first U.S. automaker to go public since Ford Motor Co. held its initial public offering in 1956.
Nevada bankruptcy filings posted a small decrease in May with fewer people seeking to repay their debt under Chapter 13 protection.
Tyree Brown, the homeowner who complained that Wells Fargo Bank blindsided him with a foreclosure during loan modification negotiations, has won the first round in court.
Nevada’s taxable sales posted their first real increase in nearly two years in April, according to the latest numbers from the state Department of Taxation.
U.S. Bankruptcy Court Judge Bruce Markell approved Black Gaming’s reorganization plan Monday, setting the stage for the Mesquite casino operator to emerge from bankruptcy later this year.
Last time we checked, we were still in the middle of a serious local recession.
RENO — Sparks city officials are appealing to the Nevada Public Utilities Commission after funding complications have left the city’s renewable energy development plans in limbo.
