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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
Labor secretary sees brighter days for LV

Who knew serving as the nation’s chief labor-law enforcer could become such a gustatory whirlwind? … That’s what the job became on Thursday for U.S. Labor Secretary Hilda Solis on her first official visit to Las Vegas as labor secretary. While in town for the afternoon, Solis spent more than an hour at Nevada Partners and the Culinary Training Academy on Lake Mead Boulevard in west Las Vegas.

Valley home prices tumble to 2001 levels

Las Vegas home prices have retreated to 2001 levels, although two-thirds of the homes being sold now are foreclosures, housing analyst Larry Murphy of SalesTraq said Wednesday.

Commission sets date to decide on power-rate bid

As the first in a series of hearings on NV Energy’s big rate case wrapped up Wednesday, the state’s Public Utilities Commission set a date for a decision on the utility’s rate-increase request.

IN BRIEF

Community bank out of Nasdaq compliance

Labor Secretary Hilda Solis to visit Las Vegas, tour work sites

WASHINGTON — Labor Secretary Hilda Solis is scheduled to make her first trip to Las Vegas as a Cabinet member today where she will address a labor gathering and visit two or three work sites, officials said.

Growing number go ‘green’

CARSON CITY — Senate Majority Leader Steven Horsford found nothing but support on Earth Day for his bill to use federal stimulus money to create “green jobs” for the anticipated renewable energy economy in Nevada.

Lawn mower trade-ins popular

A program that will allow Clark County residents to swap gasoline-powered lawn mowers for electric ones is doubling in size this year, thanks to a $200,000 donation from NV Energy.

Industrial vacancy in Las Vegas at seven-year high

Every sector of commercial real estate in Las Vegas is suffering — including the industrial market, once thought to be somewhat invincible as national companies looked to establish big-box distribution and warehouse centers in the valley.

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