41°F
weather icon Clear

Business

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

THE LATEST Business NEWS
Privé gets limited liquor license

County commissioners are keeping the Privé nightclub at Planet Hollywood Resort on a short leash, at least for a few more weeks.

Global goes after Colonial’s Nevada loans

The New York investment company that is negotiating to buy the Nevada deposits and 21 branches of Colonial Bank from BB&T Corp. also may buy the bank’s Nevada loans, a source said Monday.

Gaming stocks rise in August

Gaming stocks took an upward spin in August, and the trend had nothing to do with revenues or results.

IN BRIEF

NEW YORK

Station Casinos’ creditors file new objection

Unsecured creditors on Monday filed a second objection to parts of Station Casinos’ plans to fund continuing operations while the locals gaming company is in bankruptcy.

Buying & Bailing: Walking away from ‘underwater’ mortgage has pitfalls

You bought your place for $350,000 in 2006. Today, you might get $175,000 for it. You owe at least $100,000 more than it’s worth. Could you perhaps buy that exact same model across the street for $150,000, walk away from your underwater mortgage and start over with a sane housing payment? And would it be so wrong if you did buy and bail?

Experts say exceedingly few homeowners possess the financial wherewithal to indulge in the practice, which grabbed national headlines in a recent Time magazine cover story.

Las Vegas Average Gas Prices
Regular
Diesel
Source: AAA
MOST READ
LISTEN TO THE TOP FIVE HERE