Las Vegas Business News

Microsoft’s new businesses shine, but PC software still sags

In this Oct. 6, 2015, photo, Microsoft CEO Satya Nadella closes a presentation of new devices in New York. Microsoft reports quarterly financial results Thursday, Oct. 22, 2015.

Microsoft may still be suffering from lagging sales of personal computers, but the tech giant has taken some cues from rivals like Apple and Google — and it's now seeing substantial growth in ...

22 October 2015
By Brandon Bailey, Associated Press

Strong company earnings send stock indexes sharply higher

Trader Sal Suarino, right, works on the floor of the New York Stock Exchange, Thursday, Oct. 22, 2015.

The U.S. stock market rebounded Thursday from a two-day slump, notching its biggest gain in more than two weeks and pushing the Dow Jones industrial average up more than 300 points. The gains brought ...

22 October 2015
By Alex Veiga, Associated Press

Fresh & Easy grocery chain to shutter all of its stores

A Fresh & Easy market near South Decatur Boulevard and West Cactus Avenue on Monday, March 19, 2012, in Las Vegas.

Fresh & Easy will shutter all 97 of its remaining stores in California, Arizona and Nevada and cease operations after nearly a decade of struggling to catch on with consumers. The grocery chain headquartered in Torrance, California, announced Wednesday that ...

22 October 2015
Associated Press

Man who brought fake chips to poker tournament gets prison

In this June 26, 2013, photo, the Borgata Hotel Casino & Spa is seen in Atlantic City, N.J., with the nearby Water Club reflected in its gold glass facade.

A poker player is going to prison for bringing millions of dollars in counterfeit chips to a tournament and then breaking the plumbing when he flushed them down a toilet to hide the evidence. A judge on Thursday sentenced Christian Lusardi to five years in prison. Lusardi also must pay ...

22 October 2015
Associated Press

Apple cleaning up act in China with more renewable energy

In this Sept. 5, 2014, photo, the Apple logo hangs in the glass box entrance to the company's Fifth Avenue store in New York.

Apple is cleaning up its manufacturing operations in China to reduce the air pollution caused by the factories that have assembled hundreds of millions of iPhones and iPads during ...

21 October 2015
By Michael Liedtke, Associated Press

Pricey rent in San Francisco makes it cheaper to commute from Las Vegas

George Limperis, a realtor with Paragon Real Estate Group, walks in the backyard of a property in the Noe Valley neighborhood in San Francisco, Wednesday, July 30, 2014. In the souped-up world of San Francisco real estate, where the median selling price for homes and condominiums hit seven figures for the first time last month, the cool million that would fetch a mansion on a few acres elsewhere will now barely cover the cost of an 800-square foot starter home that needs work and may or may not include private parking.

The basic math goes like this: $1,012 in rent for a two-bedroom apartment within 10 miles of Las Vegas, $1,120 on four round-trip flights a week (working remotely on the fifth day)

21 October 2015
By Eric Jaffe, Business Insider

Ferraris, Maseratis drive off Wynn casino lot to auto mall

An exterior view of the Wynn and Encore Tuesday, November 15, 2011.

Ferraris and Maseratis at the Wynn Las Vegas casino-resort that were once ogled by car-lovers paying $10 each or offered for sale to high-rollers are now a few miles away in a nearby auto mall. Towbin Motorcars of Las Vegas which already sells ...

21 October 2015
Associated Press

Fresh & Easy begins closing down operations

A Fresh & Easy market near South Decatur Boulevard and West Cactus Avenue on Monday, March 19, 2012, in Las Vegas.

Fresh & Easy, the grocery chain that has struggled for years in Southern California, said Wednesday that it was closing its business — but holding out hope for a buyer. The company operates 97 stores in California, Nevada and ...

21 October 2015
Los Angeles Times

Allegiant profits soar on higher revenue, cheap fuel

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 from small, underserved cities to warm-weather tourist spots, reported earnings today for ...

21 October 2015
By Eli Segall

Tech for babies? It exists, and here are some of the latest products

The 4moms Origami Stroller has a power-folding function that folds the stroller with the click of a button. It also is a cellphone-charging, mileage-counting, LCD-sporting stroller, with generators in the rear wheels that charge the stroller as you walk.

In two upcoming conventions in Las Vegas, technology companies will display products aimed at a consumer sector that is growing in more ways than one. The market? Babies. Or, more accurately ...

21 October 2015
By Daniel Rothberg

Las Vegas casino quiz: Can you name property by seeing its door handle?

Look carefully at this South Strip resort's door handles, and you'll see an elephant. That's a clue.

You know Bally’s was once MGM Grand, Westgate Las Vegas started life as The International, and The D Las Vegas used to be Fitzgerald’s. But how well do you really know the casinos of Las Vegas? Can you tell the property by its unique door handle? Did you ...

21 October 2015
By Las Vegas Sun Staff

Investors buy Summerlin health-club building for $51 million

Investors recently purchased the 143,000-square-foot Life Time Athletic club building at 10721 W. Charleston Blvd.

The sales price was the highest nationally this year for a freestanding, single-tenant retail building, according to Faris Lee Investments broker Patrick Luther, who represented ...

20 October 2015
By Eli Segall

Here’s what is changing in health insurance for thousands of Las Vegas teachers

Here’s something nobody ever wants to hear: Brace for changes to your current health care plan. But that’s exactly what’s happening with the Teachers Health Trust ...

20 October 2015
By Ian Whitaker

Idaho tribe’s casino sanctioned for hosting racy performance

This photo taken March 4, 2015, shows a sign near the entrance to the Coeur d'Alene Casino Resort in Worley, Idaho.

Regulators have temporarily suspended an American Indian casino's liquor license after determining the Idaho venue hosted an all-male revue that featured simulated sex acts and ...

20 October 2015
Associated Press

Lawyer: Reno journalists were victims in violent encounter with Tesla guards

Framing of Tesla Motors’ new factory under construction is visible June 14, 2015, behind a security gate on Electric Avenue at Tahoe Reno Industrial Center about 15 miles east of Sparks along U.S. Interstate 80.

Security personnel at Tesla’s Northern Nevada battery manufacturing plant engaged in a violent skirmish with two employees of the Reno Gazette-Journal earlier this month and ...

19 October 2015
By Daniel Rothberg

Despite ruling, DraftKings allows some customers in Nevada to play

Jason Robins, CEO of DraftKings, speaks during a fantasy sports and sports betting panel Tuesday, Sept. 29, 2015, at the Global Gaming Expo. Moderator Tom Roche of Ernst & Young listens at left.

Legal Sports Report publisher Chris Grove wrote during the weekend that, based on tests conducted by his website, Nevada customers could still play with real money on ...

19 October 2015
By J.D. Morris

DraftKings says probe shows employee didn’t use inside information

In this Wednesday, Sept. 9, 2015, photo, an employee in the software development department of DraftKings, a daily fantasy sports company, walks past screens displaying the company's online system stats in Boston.

A law firm hired by DraftKings to investigate claims an employee used valuable inside information to win a $350,000 second-place prize on a competing daily fantasy sports site contest confirms that it didn't and couldn't have happened. The Boston-based daily fantasy sports company released ...

19 October 2015
By Kimberly Pierceall, Associated Press

JW Marriott gets fresh look; Michelin chef brings Riviera-inspired cuisine to the Delano

Skyfall Lounge officially opened Oct. 1, 2015, atop the Delano.

A new location of a popular chicken wings joint debuts on the Strip today as a health care clinic opens in Henderson. A Summerlin hotel undergoes a series of renovations, and new stores are popping up at an outlet mall. Meanwhile, an award-winning chef serves up ...

19 October 2015
By Pashtana Usufzy

Convention centers must evolve with technology

Convention center facilities today need to be built smarter, not just larger. This means investing in the infrastructure to support events large and small, engaging with visitors in new and exciting ways, and using big data to create an optimal environment for attendees.

19 October 2015
By Mark Haley

Class can make you a beast in the gym

Australian Nathan Helberg works out during a class at World ZUU Fitness, 4985 S. Fort Apache Rd., Monday, Sept. 14, 2015. The Las Vegas venue is the first U.S. location for the animal-based fitness concept.

Australian Nathan Helberg developed his exercise regimen because, while he was pleased with his muscular strength, he was unhappy with his range of motion. His first expansion into the United States came in Las Vegas.

19 October 2015
By VEGAS INC Staff
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