Latest Business News

Allegiant boss Gallagher receives near $3 million bonus

Maurice Gallagher, chairman and CEO of Allegiant Travel Co., has stakes in various ventures outside the airline industry.

Reaping a windfall from record profits, Allegiant Air boss Maurice “Maury” Gallagher booked a nearly $3 million bonus last year, far above his usual payout, the company disclosed ...

What will $500M get you in Las Vegas? Raiders owner hopes it’s home for his team

Oakland Raiders owner Mark Davis stands with local Raiders fans after a meeting of the Southern Nevada Tourism Infrastructure Committee on Thursday, April 28, 2016, at UNLV.

The long-running search to find a new home for the Oakland Raiders took a step forward Thursday when owner Mark Davis said he wants to move the franchise to ...

Tropicana owner Penn National gaming grows revenue, earnings in first quarter

A view of the Tropicana on the Las Vegas Strip, May 5, 2008.

Penn National Gaming, the casino company that owns the Tropicana and operates M Resort, reported its first-quarter earnings today ...

Panel agrees existing solar customers should pay old power rate

Vivint Solar employees install solar panels on a home. The company operates in 10 states.

Representatives from NV Energy, the state Bureau of Consumer Protection and solar companies agreed in principle today that most existing rooftop solar customers should ...

Raiders owner willing to spend $500 million on move to Las Vegas

Oakland Raiders owner Mark Davis leaves a meeting of the Southern Nevada Tourism Infrastructure Committee on Thursday, April 28, 2016, at UNLV.

Oakland Raiders owner Mark Davis said today he was serious about moving his team to Las Vegas and offered a half-billion-dollar pledge for a proposed ...

Another dip in international travelers recorded at Las Vegas airport

British Airways' inaugural, nonstop flight from London to Las Vegas arrives at McCarran on Oct. 25, 2009.

The number of airport passengers going through Las Vegas keeps going up, but fewer of them are international travelers. McCarran International Airport announced Thursday that traffic was up 5.5 percent last month compared to ...

Nevada gambling revenue down 3 percent in March

A couple plays an electronic craps machine during the opening of the casino floor at the Cromwell, formerly Bill's Gamblin' Hall & Saloon, on the Las Vegas Strip and Flamingo Avenue, Monday, April 21, 2014.

State officials say Nevada gambling revenue was down 3 percent in March compared with the same month a year ago due to lower winnings in the Las Vegas area. The Nevada Gaming Control Board said Thursday that the state's casinos won ...

Allegiant Travel revenue, earnings up in 1st quarter

In this Thursday, May 9, 2013, file photo, two Allegiant Air jets taxi at McCarran International Airport in Las Vegas.

The parent company of Las Vegas-based Allegiant Air, an ultra-low-cost carrier that flies mostly from small, underserved cities to warm-weather tourist spots, reported earnings today for ...

Construction set for senior community at Henderson’s Union Village

A senior living community planned for the Union Village health care complex in Henderson will look similar to Franklin Park Sonterra in San Antonio, pictured here.

Construction of a senior living community at Union Village, a 170-acre health care complex being built in Henderson, should begin later this year, developers ...

With new corporate name, Station Casinos IPO raises more than $531 million

This file photo shows Red Rock Resort in Summerlin.

Shares of Red Rock Resorts Inc., the new corporate name of Station Casinos, began publicly trading on the Nasdaq Stock Market today after the company raised more than $531 million in ...

McDonald’s testing McNugget recipe without preservatives

In this March 4, 2015, photo, an order of McDonald’s Chicken McNuggets is displayed for a photo in Olmsted Falls, Ohio.

McDonald's is testing Chicken McNuggets with no artificial preservatives as it works to revive its U.S. business. The world's biggest hamburger chain says it began testing the new recipe in about 140 stores in Oregon and Washington in March. It's the latest move by McDonald's to step up the quality of its food as it ...

15 apartment complexes sold for $600 million might set precedent in Las Vegas

A view of Parkway Townhomes, formerly Camden Summit Apartments, 2675 Windmill Parkway, on Tuesday, April 26, 2016, in Henderson. On Tuesday, Camden Property Trust announced the sale of 15 properties, a retail center and undeveloped land in the Las Vegas Valley.

A Houston real estate giant has sold more than a dozen Las Vegas Valley apartment complexes, in what’s said to be the largest, local apartment deal in memory. Camden Property Trust announced Tuesday that it sold 15 apartment complexes, a retail center and about 19.6 acres of undeveloped land for $630 million combined. The company did not name the buyers. But people with knowledge of the deal said ...

No Fed rate hike expected today, but what about in June?

Federal Reserve Board Chair Janet Yellen testifies on Capitol Hill in Washington, Wednesday, Feb. 10, 2016, before the House Financial Services Committee hearing on monetary policy and the state of the economy.

On this, pretty much every economist agrees: The Federal Reserve will keep interest rates unchanged when it ends its latest policy meeting Wednesday. What's unclear is whether ...

Developers to present $1.2 billion downtown Reno project

The developers of a $1.2 billion redevelopment project in downtown Reno that includes plans for two hotels, residential and office space are set to present their proposal to ...

Land investors gobble up 800 acres in BLM auction

After passing on hundreds of acres at government auctions last year, Las Vegas land investors scooped up almost everything offered Tuesday and paid above the asking price ...