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Business

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

Three new perks added for Costco members

As a long-time Costco member, you learn pretty quickly that it’s actually cheaper to be a member than not be one, despite having to pay to shop at the warehouse club.

THE LATEST Business NEWS
Builder manages to thrive in downturn

Having spearheaded a number of million-dollar projects in Las Vegas, Michael Nigro has thorough knowledge of the thousands of things that can thwart construction.

Condominium owners file lawsuit

16 Meridian owners have sued the property’s developer and operator, alleging fraud, conspiracy and wrongful taking of furniture and funds.

COMING IN THIS WEEK’S BUSINESS PRESS

FAMILY MATTERS: As much as family-owned businesses have been romanticized over the years as the backbone of the economy, data prove the ventures are fragile. The magazine Family Business Review reports that fewer than one-third of family-owned companies survive to the second generation.

It’s plain that pain’s a regular refrain

The delay of a $734 million expansion at the Mohegan Sun casino in Connecticut says as much about the economic state of the gaming industry as the Aug. 1 announcement by Boyd Gaming Corp. that it was halting construction of the $4.8 billion Echelon.

BUSINESS CALENDAR

LAS VEGAS CHAMBER

Passing the tax burden

The casino industry and the general business community have long disagreed on how to subsidize Nevada’s multibillion-dollar biennial budget.

Hurt hitting the high end

The upper echelon of income earners, once regarded as somewhat immune to general economic woes, is starting to feel the pain of living in a city with the nation’s highest foreclosure rate, local luxury home brokers said.

Million Dollar Decision

Blame it on a working-class inability to grasp very large numbers, but even today, a “million-dollar house” sounds like it would be a pretty impressive place to live.

Closed car lots causing scramble

The demise of Bill Heard Chevrolet and Vista Chevrolet, his other local dealership, is creating grief for some Southern Nevadans and opportunities for others.

Las Vegas Average Gas Prices
Regular
Diesel
Source: AAA
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