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

THE LATEST Business NEWS
Nevada’s legal marijuana industry faces banking problem

Following in the footsteps of Colorado, Washington and other states which have legalized recreational marijuana, Nevada is bracing for an influx of cash — cash that will have no bank to call home.

Inside Faraday Future offices, a startup comes to life

Faraday Future spokesmen say the company is working as fast as they can in Gardena, California, to bring the first autonomous electric vehicle to production in North Las Vegas, where it’s a starkly different scene of mostly stagnant dirt.

Wagering on Las Vegas Raiders a sure bet

Once it became clear last week that the NFL had cleared a path for the Raiders to relocate from Oakland to Las Vegas for the 2020 season, some hand-wringing re-emerged on the topic of betting on the team.

Valley Hospital Medical Center cut ties with union, union official says

Valley Hospital Medical Center has severed ties with Service Employees International Union Local 1107, the union reports. The move, which came Feb. 17, cut off contract negotiations, SEIU spokeswoman Dana Gentry said.

Bulk deal helps Summerlin developer reverse slide in land sales

Summerlin’s developer last year reversed a slide in land sales, thanks to a homebuilder’s bigger-than-usual purchase. But the bulk deal also pulled down average prices in the sprawling Las Vegas community for the first time in years.

Giunchigliani wants separate talks, votes for tax increases for stadium, convention center

When Clark County commissioners convene for their Nov. 15 meeting, they’ll have the option of codifying two hotel room tax increases to fund the upgrade of the Las Vegas Convention Center and the construction of a domed stadium in one fell swoop. But if Commissioner Chris Giunchigliani has her way, commissioners will take their time before raising the tax to finance $750 million in bonds for the $1.9 billion stadium project.

County Commission OKs plan to extend Las Vegas Monorail with Raiders in mind

Clark County commissioners, spurred by the Nevada Legislature’s approval of a plan for a stadium that could house Oakland Raiders, gave their unanimous approval Tuesday for the Las Vegas Monorail Co. to extend its route from MGM Grand to Mandalay Bay.

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