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Business

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

Will Las Vegas Valley home prices drop in 2026?

While the residential real estate market continues to recover from the wake of the pandemic, Las Vegas will not see a recovery in home sales or price growth compared to most other major metro regions in the country.

THE LATEST Business NEWS
LVCVA votes to continue R&R pact

Las Vegas boosters approved a new deal Tuesday with the makers of the “What happens here, stays here” ads that have become ubiquitous in the last seven years — but at a lower cost than previous pacts.

Nevada banks facing merger

A New York investment company led by former casino analyst Jason Ader has agreed to buy the Nevada deposits and some assets of Colonial Bank of Montgomery, Ala., and North Las Vegas-based 1st Commerce Bank, the company said Tuesday.

IN BRIEF

Las Vegas Sands Corp. executive promoted

Geothermal system to put cool in school

Its natural lighting, V-shaped hallways and loftlike design give a cutting edge vibe to the new Veterans Tribute Career and Technical Academy. … What’s also cool is what can’t be seen: a geothermal system of 180 wells buried 400 feet deep. … They cool the building through a closed-loop system that sends hot water to be cooled beneath the Earth’s surface.

Al Gore and more coming to Las Vegas for renewable energy summit

Former Vice President Al Gore and U.S. Energy Secretary Steven Chu will appear in Las Vegas Aug. 10 to participate in the National Clean Energy Summit 2.0 at the University of Nevada, Las Vegas, Senate Majority Leader Harry Reid, D-Nev., said today. It’s the second year that the national summit will come to Las Vegas.

IN BRIEF

Utilities commission schedules hearings

LVCVA to consider pact for union staff

Union workers for Las Vegas’ biggest booster group would get a raise under a proposed new labor contract despite a hiring freeze and other cuts at an organization that has slashed revenue projections 26.7 percent in the past 12 months.

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