Latest Business News

Bold moves, tepid gains: Have central banks met their limit?

A television screen on the floor of the New York Stock Exchange shows the rate decision of the Federal Reserve, Wednesday, Jan. 27, 2016. The Federal Reserve is keeping a key interest rate unchanged while pledging to closely monitor developments in the global economy and financial markets.

The world's key central banks have worked themselves into contortions to try to rev up economic growth, raise inflation and coax consumers and businesses to borrow and spend more ...

As energy use rises, corporations turn to their own green utility sources

Workers install a rotator hinge at First Solar’s energy plant near Cholame, Calif., Aug. 18, 2016. Apple recently received a federal designation for its energy subsidiary that allowing it to become a wholesale seller of electricity, and will purchase the electricity generated by the plant to power its stores in California.

The words are stenciled on the front of the Apple Store, a glass box sandwiched between a nondescript Thai restaurant and a CVS pharmacy in downtown Palo Alto ...

Daily fantasy sports could make a comeback in Nevada

In this Wednesday, Sept. 9, 2015, photo, an employee in the software development department of DraftKings, a daily fantasy sports company, walks past screens displaying the company's online system stats in Boston.

Daily fantasy sports websites that were shut down in Nevada because they didn't have gambling licenses want to get back in the game, but officials who set policy for the gambling mecca of Las Vegas weren't impressed. A representative for daily fantasy …

Penny slot fortune: Hawaii woman wins $10.7M jackpot at Wynn Las Vegas

Wynn Las Vegas is shown in this Sept. 30, 2015, photo.

The woman, from Oahu, Hawaii, was playing an IGT Megabucks Wynn Wheel machine with $3 wagers around 9 p.m. when she it the jackpot ...

Las Vegas at forefront of chip technology for checked luggage

Travelers at the baggage claim in McCarran International Airport in Las Vegas, Aug. 4, 2016. The airport decided as part of a renovation in 2005 to become fully capable of incorporating radio chips into the bag-checking and sorting system. It has handled 160 million chip-tagged bags in the last 10 years.

The airline industry and some airport managers are intent on improving the luggage-tracking rate by looking beyond the 30-year-old baggage bar code. They are adopting ...

The Data: Aug. 21-27

All of the information your business needs: Bid opportunities, bankruptcies filed and building permits issued. To add to our data, email us at [email protected]

The List: Residential real estate brokerages, Aug. 22, 2016

Find out about residential real estate brokerages. This week, we rank them by by total 2015 local resale volume as of July 1.

People on the Move: Aug. 21-27

In the Notes: Mo Nemati, Stephanie Deines, Deborah Danielson, Christianne Klein, Jim McKusick, Cyndi Compan, Richard Metzler, Jared Smith, Jim Anderson and more ...

In Nevada, marijuana industry is growing up

Mitch Britten, CEO of Thrive Cannabis Marketplace, poses at the medical marijuana dispensary, Tuesday, May 17, 2016.

With prominent businesspeople throwing their hats into the medical marijuana ring and Nevada’s regulatory history, CEO Mitch Britten says the state is fertile ground for the budding industry.

View From The Top: What's right with Las Vegas

A birds-eye view of the Las Vegas Strip at dusk, Wednesday, Aug. 3, 2016.

There seem to be two types of essays penned in local papers about life in Las Vegas: the born-and-raised local who defends the city unconditionally and the skeptical transplant who constantly bemoans what it lacks. Well, as an adopted Las Vegan who has lived on both coasts and abroad, I’ve found much to like.

How much is a dilapidated Strip motel worth?

The owners of the White Sands Motel at 3889 Las Vegas Blvd. South are trying to sell the shuttered, decades-old property for $25 million on Saturday, August 13, 2016. .

The faded motel sign on Las Vegas Boulevard invites drivers to pull in, but a quick glance would easily persuade them to keep going. No slot machines, nightclubs, restaurants or even a bed with clean sheets over here. …

Updated overtime rules can improve management

Establishing trust and eliciting commitment to results from employees is a key management task. And knowing what work is expected and the approximate effort to produce it is core to good management.

Las Vegas could experience slight turbulence in international tourism

A Virgin Atlantic passenger jet takes off from McCarran International Airport Tuesday, August 2, 2016.

Americans comprise the bulk of Las Vegas’ 40 million-plus annual visitors, but international tourists are much more lucrative per person, as they stay longer and spend more money. But lately, this segment of the economy has …

Restaurateur: On and off the menu, never fear innovation

Chipper Pastron, founder and partner of MCC Hospitality Group, started working in the food and beverage industry as a teenager and says he knew right away it was his passion.

The owner of MCC Hospitality Group talks about the importance of trying new things in business, his longtime love of the food service industry and the fictitious character whose leadership he finds admirable.

U.S. Olympic gold hasn't made for winning bets in Las Vegas

A view of the race and sports book at the El Cortez Hotel in downtown Las Vegas Thursday, Aug. 20, 2015.

Rowing, shooting and judo — the U.S. may have won big gold medals in those Olympic events but some of the most prominent Las Vegas sports books didn't even bother with ...