Las Vegas Business News

Nikkei rises on weak yen but other Asian indexes mixed

Asian shares were mixed Wednesday, as the Tokyo benchmark jumped in the first trading of 2017, helped by a weak yen. Other indexes lost some gains from earlier this week ...

3 January 2017

Faraday Future unveils speedy electric car at CES, plans to resume construction in NLV

The silver-bodied FF 91 speedy electric car has a sleek black hood, fluorescent head and tail lights, and a 130-killowatts-per-hour battery which allows for travel up to 378 miles on a full charge. It was revealed during CES in Las Vegas on Jan. 3, 2017.

Faraday broke ground on its $1.3 billion car factory in North Las Vegas’ Apex Industrial Park in April, and while it stopped construction to focus on building the FF 91, a company official said Tuesday that he expects construction to resume soon...

3 January 2017
By Chris Kudialis

Whole lotta latte: Barista wins $900,000 in NFL betting contest

Damon Graham spent much of his Sunday at Starbucks working as he usually does, making lattes and double espressos for thirsty customers. Then he took a lunch break to ...

3 January 2017
By Tim Dahlberg, Associated Press

Drone-testing range coming to Henderson

Business Operations Manager Brett Kanda flys a drone during a groundbreaking ceremony held at Nevada State College for the HUVR or Henderson Unmanned Vehicle Range on Jan. 4, 2017.

Hoping it will deliver new businesses, jobs and tax revenue, officials will break ground a drone-testing range in Henderson on Wednesday. The 6-acre site, adjacent to the Nevada State College, is a project of Henderson and the Nevada Institute for Autonomous Systems, a nonprofit corporation created by the Governor’s Office of Economic Development to promote ...

3 January 2017
By Thomas Moore

Despite November dip, McCarran passenger count nears record highs

Las Vegas Strip casinos are viewed from inside the new Federal Aviation Administration (FAA) air traffic control facility at McCarran International Airport Tuesday, Oct. 18, 2016.

The passenger count dipped in November from a busy October, but 2016 is poised to be one of the best in the history of McCarran International Airport when year-end totals become available. ...

3 January 2017
By Adam Candee

Kitty litter helps Wyoming bentonite past drilling slump

Kitty litter products are displayed Dec. 16, 2016, at a store in Cheyenne, Wyo. The market for a peculiar type of clay mined in Wyoming is looking up, thanks to a better outlook for oil and gas drilling and to kitty litter.

The market for a peculiar type of clay is looking up thanks to improved prospects for oil and gas drilling and to cat owners who use the stuff to soak up their pets' business ...

2 January 2017
By Mead Gruver, Associated Press

Samsung, Hyundai Motor see growing uncertainties in 2017

Chiefs of Samsung Electronics and Hyundai Motor said Monday their businesses would face increased uncertainties due to growing protectionism ...

2 January 2017
By Youkyung Lee, Associated Press

US Sen. Warren seeks to pull pot shops out of banking limbo

Senate Banking Committee member Sen. Elizabeth Warren, D-Mass., questions Wells Fargo Chief Executive Officer John Stumpf on Sept. 20, 2016, on Capitol Hill in Washington. Warren is leading a new effort to make sure vendors working with marijuana businesses don't have their banking services taken away.

As marijuana shops sprout in states that have legalized the drug, they face a critical stumbling block — lack of access to the kind of routine banking services other businesses take for granted ...

2 January 2017
By Steve LeBlanc, Associated Press

The List: Temporary employment agencies, Jan. 1, 2017

Find out about temporary employment agencies. We rank them by by w2s mailed for the 2015 tax year.

2 January 2017
By VEGAS INC Staff

The List: Permanent staffing firms, Jan. 1, 2017

Find out about permanent staffing firms. We rank them by number of permanent placements in 2015.

2 January 2017
By VEGAS INC Staff

The Data: Jan. 1-7

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].

2 January 2017
By VEGAS INC Staff

Nonprofit organizations have bottom lines, too

The standard for nonprofits is high. I’ve seen people have what seems like an allergic reaction when the words overhead and investment are applied to nonprofits. The reality is that nonprofit is nothing more than a category on a business application form. You must operate the organization like a business.

2 January 2017
By Scott Emerson

American Red Cross of Southern Nevada celebrates a century of good works

American Red Cross chapter volunteers have been assisting Southern Nevadans in need for 100 years, starting with group of women who knitted sweaters, socks and caps for troops fighting in WWI.

In June, the American Red Cross of Southern Nevada turns 100. Founded by a small group of volunteers who rolled bandages and knitted warm clothes for soldiers fighting in World War I, the aid organization has grown into “a springboard for the betterment of our future — our children. We are not your grandparent’s Red Cross.”

2 January 2017
By Danielle Birkin, Special to VEGAS INC

Apparel retailer has eye for safety, style

GRACEDBYGRIT store owners Kimberly Caccavo and Kate Nowlan at new recently opened business within Tivoli Village on Wednesday, Dec. 14, 2016.

Inspired by the story of an aspiring triathlete who was attacked while on a run, Kimberly Caccavo and Kate Nowlan set out to create clothing that empowers women and keeps them safe. Designs are elegant, figure slimming, functional and built for performance so women can look their best doing what they love ...

2 January 2017
By VEGAS INC Staff

The Notes: Jan. 1-7

In the Notes: W. West Allen, Tim Frawley, Leighton Koehler, Jon Hinkin, Dr. James Carpenter and more ...

2 January 2017
By VEGAS INC Staff

Real estate salesman: ‘Las Vegas is having a last-call sale’ for condos

Uri Vaknin owned an art gallery in Atlanta — with a client list that included Elton John — before changing careers to real estate.

A partner at real estate investment firm KRE Capital talks about the benefits of buying a condominium in Las Vegas, the importance of art to the city, and the next destination he’ll check off on his bucket list of world travel.

2 January 2017
By VEGAS INC Staff

Our community is what we make of it, so let’s get involved

Since most people in Las Vegas are transplants, we are relatively free from the cliques and exclusive social networks seen in other cities. There are no barriers to involvement here. Doors are open in Las Vegas. People here are quick to accept newcomers, and it’s easy to get involved.

2 January 2017
By Tyler Corder

In red states, businesses gearing up to fight bathroom bills

The Nashville Predators team is among about 300 companies, ranging from health-care giant HCA to FedEx, joining under the moniker Tennessee Thrives to oppose bathroom and religious objection bills, which they consider discriminatory and bad for business ...

1 January 2017
By Jonathan Mattise, Associated Press

Fireworks crew toils to make Las Vegas launch sizzle for New Year's

Pyrotechnician Henry Herman loads aerial shells during New Year's Eve fireworks preparation atop Treasure Island on Friday, Dec. 30, 2016.

Fireworks by Grucci pyrotechnician Henry Herman stood in an orange T-shirt with his hands folded on the roof of Treasure Island on Friday, admiring a masterpiece he and six colleagues spent the last week ...

31 December 2016
By Chris Kudialis

Official: Power won't be fully restored at the Rio for days

The Nevada Highway Patrol and Metro Police block the entrance to the Rio off Flamingo Road after a power outage at the Masquerade Tower led to guests being evacuated on Thursday, Dec. 29, 2016.

The busy New Year's holiday weekend is likely to come and go before a Rio casino hotel tower in Las Vegas fully recovers from a power outage that prompted a 900-room evacuation, officials said Friday. Spokesman Richard Broome of the Rio's parent company, Caesars Entertainment, said the company is testing to see whether rooms on the lowest 20 floors can be occupied Friday. That could mean about 500 rooms would ...

30 December 2016
By Michelle Rindels, Associated Press
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