Latest Business News

Elon Musk has Trump's ear, and Wall Street takes note

Tesla CEO Elon Musk listens as President-elect Donald Trump speaks during a meeting with technology industry leaders at Trump Tower in New York, Wednesday, Dec. 14, 2016.

The election of Donald Trump and the accompanying rehabilitation of fossil fuels should have been, by all rights, devastating for Tesla Motors ...

27 January 2017
By James B. Stewart, New York Times News Service

Confident, or in denial? NLV mayor says Faraday plant 'will be built'

The Faraday Future FF91 concept car is displayed before the North Las Vegas "State of the City" address at Aliante in North Las Vegas Thursday, Jan. 26, 2017.

After watching a stylized video about Faraday Future during his State of the City address, North Las Vegas Mayor John Lee made a joke at the expense of Henderson Mayor Andy Hafen. It went something like this: Congratulations on that new Chick-fil-A, Andy. Hafen didn’t crack back — or if he did, it wasn’t loud enough to make it to the back of the room — but he easily could have by ...

27 January 2017
By Ric Anderson

Raiders submit draft lease for proposed Las Vegas stadium

An artist's illustration of a stadium on Russell Road and Las Vegas Boulevard was revealed during a Southern Nevada Tourism Infrastructure Committee meeting at UNLV Thursday, Aug. 25, 2016.

The push to bring the Raiders to Nevada moved forward today as the team submitted a draft 30-year lease agreement to the Las Vegas Stadium Authority Board and affirmed its preference ...

26 January 2017
By Adam Candee

Macau VIP rebound encourages Wynn in earnings call

The Wynn hotel-casino on Las Vegas Boulevard on Sept. 30, 2015.

During a 2016 fourth-quarter and year-end earnings conference call, Wynn Resorts principals, including CEO Steve Wynn, fielded questions about financial results and the state of ...

26 January 2017
By Thomas Moore

2016 was McCarran’s second-busiest year

McCarran International Airport's D Gates are seen from the new air traffic control tower Tuesday, Oct. 18, 2016.

McCarran International Airport served 47.4 million passengers last year, making 2016 the second-busiest year in the airport’s 68-year history. ...

26 January 2017
By Sun Staff

5 more chain restaurant expansions we'd like to see in Las Vegas

A view of a Chick-fil-A restaurant under construction at 9925 S. Eastern Avenue in Henderson Tuesday, Nov. 15, 2016.

With the opening of Giordano’s late last year and two Chick-fil-a restaurants today, Las Vegas continues to attract notable eateries to the valley. Katherine Jacobi, president and CEO of the Nevada Restaurant Association, said that as the national and local economies continue to grow, so should the Las Vegas restaurant scene. “Las Vegas as a whole is a ...

26 January 2017
By Chris Kudialis

0

iBorrow provides loan in Sahara Avenue office sale

A Los Angeles-based private direct lender for commercial real estate, iBorrow, recently provided a $1.7 million loan to a private group to acquire the Milan Business Center on Sahara Avenue. ...

25 January 2017
By Sun Staff

0

NV Energy and Apple partnering to build solar energy resources in Nevada

In this Wednesday, Dec. 7, 2011, file photo, a person stands near the Apple logo at the company's store in Grand Central Terminal, in New York.

NV Energy and Apple have jointly announced an agreement to build 200 megawatts of additional solar energy in Nevada to support the tech company’s Reno-based ...

25 January 2017
By Erin Ryan

Adelson: ‘optimistic’ about Japan prospects in earnings call

An exterior view of Palazzo on Tuesday, Nov. 15, 2011, on the Strip.

As was the case with the 2016 third-quarter financial results, the earnings conference call for the fourth quarter largely focused on numbers from Macau as well as other prospects for expansion in Asia.

25 January 2017
By Thomas Moore

Clayt Keefer: Confessions of a Chick-fil-A junkie

Cars line up in the drive-through during the grand opening of the Chick-fil-A restaurant at Stephanie and Warm Springs Road in Henderson Thursday, Jan. 26, 2017. Two Chick-fil-A restaurants opened in Henderson Thursday.

Ever since I moved from Alabama to Nevada to work at Greenspun Media Group last year, my daily lunch plans have captivated the newsroom. My eating habits ...

25 January 2017
By Clayt Keefer

Gunman at large after robbery at Silverton sportsbook

The Cantor Sports Book, now CG Technologies, at the Silverton holds its grand opening celebration on Thursday, Nov. 29, 2012.

An armed man robbed the sportsbook at the Silverton on Tuesday night and has not been apprehended, according to Metro Police. The man entered the casino about 8:50 p.m. armed with ...

25 January 2017
By Thomas Moore

Celtics, reach deal to put GE logo on uniform

A General Electric logo patch is displayed on a Boston Celtics uniform during a news conference Wednesday, Jan. 25, 2017, at GE's headquarters in Boston. The Celtics reached an agreement with GE to put the company's logo on the team's uniform beginning next season.

The Boston Celtics will take to the parquet court next season wearing a General Electric Co. logo on their uniforms. The team said Wednesday it has a three-year deal that makes the company its exclusive data analytics partner. The agreement calls for a GE patch — in green and white, not the ...

25 January 2017
By Jimmy Golen, Associated Press

Dow Jones industrial average breaks through 20,000 milestone

This April 22, 2010, file photo shows a Wall Street sign in front of the New York Stock Exchange.

The Dow Jones industrial average crossed the 20,000 mark for the first time Wednesday, the latest milestone in a record-setting drive for the stock market. Strong earnings from Boeing and other big companies helped push the Dow past the threshold early on. U.S. stocks closed solidly higher, lifting the ...

25 January 2017
By Alex Veiga, Associated Press

New Formula One chief's plans for expanded U.S. presence might include Las Vegas

Mercedes driver Lewis Hamilton of Britain steers his car during the Emirates Formula One Grand Prix at the Yas Marina racetrack in Abu Dhabi, United Arab Emirates, Sunday, Nov. 27, 2016.

After an American company, Liberty Media, recently acquired the Formula One series, Chase Carey — a longtime executive with Fox and DirecTV — was given the reins to overhaul the organization’s management, reach and ambition ...

25 January 2017
By Sam Borden, New York Times News Service

New table games have steep hurdles for success

Gamblers play craps on the casino floor of the Cromwell on the Las Vegas Strip, Monday, April 21, 2014.

When it comes to slots, new skill-based games have generated a lot of industry buzz. But in the world of table games, blackjack and baccarat (and to a lesser extent, craps and roulette) continue to dominate, and experts say that won’t change anytime soon. When it comes to games played on green felt, innovation means adding ...

25 January 2017
By Thomas Moore
« Older