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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
IN BRIEF

NEW YORK

Tumble in home prices eases in LV

WASHINGTON — Declines in home prices in the Las Vegas, Cleveland, Los Angeles, and Washington D.C., metro areas — all ravaged by foreclosures — eased somewhat in January, a new report shows.

Riviera may be forced into bankruptcy

The parent company of the Riviera could be the third local gaming company to be forced to file for bankruptcy within the past 12 months, possibly as early as this week.

Gibbons: Give energy companies break

CARSON CITY — Republican Gov. Jim Gibbons drew a largely negative response from legislators Tuesday when he urged them to reduce taxes to induce renewable energy companies to build facilities in Nevada.

INVESTOR MAY HELP TROUBLED CITYCENTER

Los Angeles-based Colony Capital, which owns the Las Vegas Hilton and 75.9 percent of Station Casinos, could be bringing some much-needed cash to the troubled $8.7 billion CityCenter development, according to news reports.

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