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Business

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

THE LATEST Business NEWS
 
Bitcoin exchange in Japan said to be insolvent

A major bitcoin exchange has gone bust after secretly racking up catastrophic losses, other virtual currency companies said Tuesday — a potentially fatal blow for the exotic new form of money.

 
Huge solar-thermal plant opens near Nevada-California border

The Ivanpah Solar Electric Generating System, sprawling across roughly 5 square miles of federal land near the California-Nevada border, formally opens Thursday. It’s considered a key marker in the emerging solar power industry.

 
Comedy duo tied to ‘Dumb Starbucks’ in Los Angeles

It was a caffeine-charged Hollywood whodunit: Just whose bright idea was the “Dumb Starbucks” coffee shop that popped up and started serving free drinks from the corner of an otherwise uncelebrated strip mall.

 
Report: Pilots often head to wrong airports

On at least 150 flights, including one involving a Southwest Airlines jet last month in Missouri and a jumbo cargo plane last fall in Kansas, U.S. commercial air carriers have either landed at the wrong airport or started to land and realized their mistake in time.

 
CVS drugstores to phase out tobacco sales

CVS, the nation’s second-largest drugstore chain, is kicking the habit of selling tobacco products as it continues to shift its focus toward being more of a health care provider.

 
Microsoft chooses new CEO; Gates moving to advisory role

Microsoft has named Satya Nadella, an executive in charge of the company’s small, but growing business of delivering software and services over the Internet, as its new CEO. Company founder Bill Gates is leaving the chairman role for a new role as technology adviser.

 
Google Glass gaining fashion sense

Starting Tuesday, Google is offering an optional attachment for prescription lenses and new styles of detachable sunglasses for Google Glass.

 
Dow tumbles 318 points; sell-off takes Las Vegas companies with it

National and international economic fears converged to start a two-day rout in global markets this week, capped by a 318-point drop in the Dow Jones industrial average Friday.

 
2 arrested at Texas border may be connected to Target security breach

A South Texas police chief said Monday that two Mexican citizens who were arrested at the border used account information stolen during the Target security breach to buy tens of thousands of dollars’ worth of merchandise. But a federal official said later there currently was no connection between the arrests and the retailer’s credit card data theft.

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