Las Vegas Business News

Las Vegas office market primed for investment buyers

The industrial market has shown extraordinary growth and the retail market has recovered from the Great Recession, but investors seem not to have noticed that Southern Nevada’s office market has posted three solid years of occupancy growth, as well.

After each peak you reach, keep climbing

Xavier Wasiak in North Las Vegas on September 7, 2016.

The senior vice president of industrial real estate brokerage Jones Lang LaSalle talks about the importance of individuality in the industry, the rewards of his profession and the pitfalls of being a devotee of rock climbing.

The Notes: Sept. 11-17

In the People: Avi Dan-Goor, Rob Schweizer, Diane Varney, Hanna Dam, Kameron Kildea, Casey Floyd, Dorian Stonebarger, Mike Yoder and more ...

Yahoo CEO could reap $44 million if she leaves after sale

Yahoo CEO Marissa Mayer appears on NBC's "Today" in New York to introduce a website redesign.

Yahoo CEO Marissa Mayer stands to collect a $44 million severance package if she leaves after Verizon completes its purchase of the once-mighty internet company ...

U.S. agency: Samsung Galaxy Note 7 too dangerous to use

In this July 28, 2016, file photo, the Galaxy Note 7, foreground, is displayed in New York.

The U.S. Consumer Product Safety Commission says owners of the Galaxy Note 7 smartphones should turn them off and stop using them because of the risk that their batteries can explode. The agency also says it's working with Samsung on ...

U.S. stocks slump as traders fear higher interest rates

This Aug. 9, 2011, file photo, shows a Wall Street street sign near the New York Stock Exchange, in New York.

Investor jitters over the possibility the Federal Reserve is ready to raise interest rates this year roiled Wall Street Friday, handing the stock market its worst day in more than two months. The Dow Jones industrial average ...

Poker pro faces 2 felonies over $215K in casino debt

A professional poker player who has won six World Series of Poker event championships since 1993 and millions of dollars in tournaments is fighting felony theft and ...

Who assumes biggest financial risk of a Las Vegas stadium? Panel tackles issue in latest meeting

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

What’s the risk each side of the stadium debate is willing to take? That question framed much of the Southern Nevada Tourism Infrastructure Committee meeting Thursday afternoon as developers and public leaders tried to inch closer to a proposal that could trigger a recommendation to Gov. Brian Sandoval. The developers made ...

Door latch recall to cost Ford, cut into full-year profits

This Feb. 11, 2016, file photo shows the Ford logo on display at the Pittsburgh International Auto Show in Pittsburgh.

Ford will spend $640 million to replace door latches on nearly 2.4 million cars, trucks and vans this year because the doors can pop open while the vehicles are moving. On Thursday, the company announced it would add 1.5 million vehicles to the pesky and growing recall, which ...

Mazda recalls 2.2M vehicles worldwide; rear hatches can fall

This Feb. 14, 2013, file photo, shows the Mazda logo on a sign at the 2013 Pittsburgh Auto Show, in Pittsburgh.

Mazda is recalling 2.2 million cars and SUVs worldwide because the rear hatches can fall on people and injure them. The recall covers certain 2010 through 2013 Mazda 3 compact cars, as well as ...

Exclusive: Inside Sheldon Adelson’s plan to build an NFL stadium in Las Vegas

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

A new NFL season begins today, with a rematch of last year’s Super Bowl between the Carolina Panthers and Denver Broncos. But as the season kicks off, a different team is ...

Las Vegas home prices take slight dip, but number of sales increases

A real estate sales report from January suggests that the housing market in Las Vegas will maintain a steady course this year on Tuesday, February 9, 2016.

Home prices dipped slightly last month in Southern Nevada, but sales volume increased despite a tight supply. The Greater Las Vegas Vegas Association of Realtors reported that the median sales price of single-family homes in Las Vegas was ...

Sex products CEO accused of fake journalism promoting his company

Scott Fraser, president and CEO of Empowered Products, responds to a question during an interview at the company Thursday, Jan. 29, 2015. The Las Vegas-based company makes Gun Oil, Pink and other adult lubricants.

The chief executive officer of a "sexual health" products retailer used a San Diego-based newsletter publishing business to promote products by ghost-writing articles and passing them off as ...

Lucky Dragon hotel and casino to open in December off the Strip

Sunlight illumnates the signature red glass windows of the hotel suites during an under-construction media tour of the Lucky Dragon Hotel and Casino, 300 W. Sahara Ave., in Las Vegas, July 7, 2016.

The Lucky Dragon Hotel and Casino in Las Vegas is officially opening for business in December. The Chinese-themed casino just off the Las Vegas Strip announced Tuesday that it will have its grand opening on Saturday …

Price of sex rising? Nye County officials consider hiking brothel licensing fees

A sign advertises the Love Ranch brothel, Wednesday, Oct. 14, 2015, in the Nye County community of Crystal, about 80 miles from Las Vegas.

Brothel owners in Nye County could soon find their businesses more expensive to operate. Proposed changes to the Nye County code on legalized prostitution would increase licensing fees by anywhere from $625 to $5,000 a quarter depending on the number of prostitutes on a brothel's roster ...

After yearslong dispute, a Station Casinos property to unionize

The clock tower of the Boulder Station hotel-casino obscures the resort's 15-story tower.

Las Vegas' powerful Culinary Union has scored a victory against a holdout casino chain that it has clashed with for more than a decade. The labor group says 67 percent ...

Report: Expanding legal sports betting would generate $11.9B in revenue

Football fans watch games during NFL opening day at the Red Rock Resort's race and sportsbook Sunday, Sept. 13, 2015.

Extending legalized sports betting beyond Nevada and other states where it is currently lawful would create nearly $12 billion in gross gaming revenue in the U.S., says a new ...

Panel zeroes in on tourism projects, but stadium recommendation pending

Metro Police Officers Rachel Calderon and Bryce Jones patrol Fremont Street in downtown Las Vegas on foot Monday, Aug. 8, 2011, as part of an initiative called Crime Free Corridor, a plan to reduce in crime in the downtown area.

After more than a year of meetings, the group Gov. Brian Sandoval created to identify and vet tourism-related projects is zeroing in on its recommendations. The Southern Nevada Tourism Infrastructure Committee has offered a glimpse of ...

Low taxes at dozens of firms in spotlight after Apple ruling

It turns out some wealthy companies are just like some wealthy hedge fund managers: They're taxed at far lower rates than nearly everyone else ..

The List: Convention centers, Sept. 4, 2016

Find out about convention centers. This week, we rank them by 2015 square footage as of Aug. 31.