Las Vegas 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 ...

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 ...

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 ...

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. ...

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 ...

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. ...

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 ...

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.

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 ...

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 ...

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 ...

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 ...

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 ...

Analyst: Las Vegas businesses should make Plan B for possible trade wars

Tourists ride an escalator down from a pedestrian overpass Thursday, April 28, 2011, on the Strip.

Las Vegas business operators and investors have reason to be optimistic about the local economy as President Donald Trump begins carrying out his economic plan. But they also would be wise to watch Trump carefully on trade matters and should start making a contingency plan to deal with ...

At one Las Vegas hotel, $7,500 gets you everything

The European pool is shown at the Artisan Hotel on Sahara Avenue, Monday, Jan. 23, 2017.

You don’t need to be as rich as Steve Wynn or Sheldon Adelson to control a Las Vegas hotel. In fact, all you need is $7,500. That’s how much it costs to rent out the entire Artisan Hotel, including its ultra lounge, bar, pool, private dining rooms, outdoor patio, indoor and outdoor wedding chapel and all 63 rooms. Granted, the $7,500 is the base rate. You’ll pay more on ...

Roberta Ross sells Reno's Ross Manor after 30-year legacy

Roberta Ross sold the Ross Manor, also known as Ross Apartments, which has been in the Ross family since the 1970s. Roberta Ross has run it since 1985, and on Dec. 22, 2016, she sold the property to Ed Ceran and 21 other people under a tenants in common agreement.

On Dec. 22, Roberta Ross sold a big piece of her life. For 31 years, Ross worked at and then later owned one of the oldest apartment buildings in downtown Reno, the iconic Ross Manor at West and First streets ...

The List: Labor unions, Jan. 22, 2017

Find out about labor unions. We rank them by the number of members as of the most recently available filing with the Department of Labor.

People on the Move: Jan. 22-28

In the Notes: Alfredo T. Alonso, Tim Brooks, Georgeann Pizzi, Dawn Newburg, Erick Vidmar, Carson Redford, Michael Boychuck, Rossi Ralenkotter, Samuel Hazen, Fuilala Riley, Jessica Colvin and more ...

When the dorm room is the boardroom

Avetis Mazmanyan, founder of Mezze Foods, meets with Carrie Hogan, owner of Fresh52 Farmers Market on Saturday, Nov. 19, 2016, at Tivoli Village during the weekly farmers market.

More and more college students are inspired to work for themselves, and that initiative is being nurtured ...

Paint-and-sip studio owner: In Vegas, every night is Saturday night

Ivan Phillips is the owner of Wine and Canvas, a paint and sip business.

Ivan and Jennifer Phillips bought their paint-and-sip franchise last year and have enjoyed it running it so much, they are telling their friends in England to open similar businesses.