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Business

For Las Vegas business news covering casinos, energy, housing, entrepreneurs and more turn to the Las Vegas Review-Journal.

THE LATEST Business NEWS
Grand Entrance

After 16 days of preliminaries, the main event has arrived.

Sahara closing some towers

The Sahara has closed two of its three hotel towers for the winter season because of low demand, but the casino and other attractions will remain open, a property spokeswoman confirmed.

Rose nightclub owners want lease deal kept

The owners of the embattled Privé nightclub at Planet Hollywood Resort will ask a judge today to enforce a lease agreement for a new nightclub in Mandalay Bay’s retail center, Mandalay Place.

IN BRIEF

Commission poised to reject bid to review gas rate decision

More foreclosures on horizon, say analysts

A cloud of foreclosures will hang over Las Vegas for at least a couple of more years and median prices will continue to fall in 2010, most likely by double digits, executives from two California-based real estate tracking firms said Tuesday.

Brookings report finds LV among hardest hit

The six-state Intermountain West region has been hit hardest by the economic crisis, with Las Vegas, Phoenix and Boise, Idaho, remaining as the most troubled metropolitan areas in the entire nation in the third quarter, Brookings Mountain West reported Monday.

Stocks rise after Dubai gets bailout

DUBAI, United Arab Emirates — Oil-rich Abu Dhabi pumped $10 billion into its indebted neighbor Monday, sending stocks soaring while sparing Dubai and the rest of the Emirates federation the humiliation of an imminent default by one of the struggling Arab boomtown’s star companies.

IN BRIEF

NEW YORK

CityCenter born of collective creativity

When the design firm of New York-based Ehrenkrantz, Eckstut & Kuhn Architects, EE&K, laid out a master plan for a site on the Strip known as 55 West more than five years ago, the challenge was to develop a location with New York City-type density but with Las Vegas accessibility.

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