Las Vegas Business News

Sandoval heads to China on trade mission

Gov. Brian Sandoval left Wednesday for a 10-day economic development trade mission to ...

Rihanna, Mick Jagger party as gold-rush mood grips Havana

Fans take photographs of singer Rihanna as she gets on an American classic car after a photo shoot with photographer Annie Leibovitz at a building on the Malecon on Friday, May 29, 2015, in Havana, Cuba.

By midnight, the basement of one of Havana's hottest clubs is packed wall-to-wall for a private concert by one of Cuba's biggest pop stars. Squeezed among the usual crowd of sleek young Cubans and prowling European tourists, the owner of one of New York's hippest restaurants discusses ...

Hyatt hotels banning on-demand porn movies in hotel rooms

A room in the Hyatt at Orlando International Airport on Monday, April 23, 2012, in Florida.

Hyatt Hotels will no longer offer on-demand pornographic movies in its rooms. Hyatt is just the latest hotel company to ban on-demand adult entertainment from ...

Court orders Las Vegas company to pay Oracle $50 million in copyright case

Oracle, a Silicon Valley software giant, was seeking $245.9 million in damages from Rimini Street. The company plans to continue its litigation with Rimini Street, seeking an injunction against the Las Vegas firm and ...

Appeals court to reconsider New Jersey sports betting case

This July 11, 2014, aerial photo shows the Atlantic City, N.J., beachfront with many of its Boardwalk casinos.

Supporters of legalized sports betting in New Jersey won a victory Wednesday when an appeals court voted to reconsider an earlier ruling against the state. That means an August ruling that struck down a law allowing sports betting at casinos and racetracks is vacated, and ...

Wal-Mart expects profit to fall amid transformation push

In this May 28, 2013, file photo, an outdoors sign for Walmart is seen in Duarte, Calif.

Wal-Mart expects its profit to fall as the world's biggest retailer works to fend off intensifying competition and adapt to changing shopping habits. The company also forecast sales for its full fiscal year ...

8 years after going private, Station Casinos aims to be publicly traded again

An exterior view of Palace Station on Sahara Avenue on Tuesday, Dec. 13, 2011.

The company filed a registration statement with the Securities and Exchange Commission regarding a proposed initial public offering, but it did not specify the number of shares it will ...

JPMorgan earns $6.27 billion, but misses estimates

This Monday, July 13, 2015, photo shows a Chase Bank office tower in New York's financial center.

JPMorgan Chase & Co. saw its third-quarter profits rise 22 percent from a year earlier, helped by a significant one-time tax benefit. But the bank's results still missed analysts' expectations as revenue declined in all of its core businesses. The largest U.S. bank by assets said Tuesday it earned $6.27 billion after payments to preferred shareholders, up from ...

Riviera site to be empty lot by early 2017

Traffic passes in front of the Riviera on Sunday, May 3, 2015, in Las Vegas. The casino closed at noon May 4.

By early 2017, the site of the shuttered Riviera needs to be little more than a swath of land fit to host outdoor events. That’s when the area must be ready for a major construction industry trade show, Conexpo-Con/Agg, to ...

Top beer makers to join forces to face industry challenges

A beer vender pours Bud Light into a cup at Wrigley Field before Game 4 in baseball's National League Division Series between the Chicago Cubs and the St. Louis Cardinals, Tuesday, Oct. 13, 2015, in Chicago. Anheuser Busch InBev clinched a deal Tuesday to take over SABMiller in a bid to stave off the megabrewers' most serious problems: the surge in popularity of craft brews and weakening sales in the rich markets of the U.S. and Europe.

The world's biggest beer maker clinched a deal Tuesday to take over its nearest rival in a bid to stave off the megabrewers' most serious problems: the surge in popularity of craft brews and weakening sales in the rich markets of the U.S. and Europe. SABMiller accepted in principle a takeover bid worth 69 billion pounds ($106 billion) from Anheuser Busch InBev in a deal that ...

Development of skill-based games is altering casinos’ strategies

A player tries out the skill-based Guitar Warrior slot game at the Next Gaming booth during the Global Gaming Expo on Tuesday, Sept. 29, 2015, at Sands Expo Center. The machine plays a predetermined wager every time a user hits a correct note.

The casino industry has made a conscious decision to mesh better with another type of gaming — the kind normally found closer to a coffee table than a table game. Exactly how well the industry’s skill-based gamble will pay off remains to be seen ...

Group files petition to repeal new Nevada Commerce Tax

A group led by Republican Controller Ron Knecht has filed a petition seeking to repeal a new business tax backed by the Republican governor and most of the Legislature. A political action committee called RIP Commerce Tax, Inc. filed a petition with ...

Stockton University has sunk nearly $8 million in Showboat Casino

This photo taken Friday, April 24, 2015, shows the former Showboat and Trump Taj Mahal casinos in Atlantic City, N.J.

Records show Stockton University has spent nearly $8 million on the now-closed Showboat Casino since the school purchased the Atlantic City property last December. The Press of Atlantic City reports Stockton will be approximately $2 million short of its $26 million investment in the bankrupt casino if ...

‘Pawn Stars’ boss gets plaza rollin’; more sweet treats, Mexican eats in valley

Pawn Plaza celebrated its grand opening Oct. 9.

A Las Vegas open-air retail plaza held its grand opening last week as a California taco chain spiced things up with the debut of a new valley location. Meanwhile, the west valley greets a new ...

Getting past the noise: What would presidential hopefuls really do for Nevada?

Republican presidential candidate Donald Trump thanks his supporters after his speech Thursday, Oct. 8, 2015, at Treasure Island.

Over the next few months, Nevada will host Democratic and Republican debates, and residents will hear firsthand the views of the person who most likely will be the next president. What do they have to say about issues that affect the state, such as immigration, minimum wage ...

10 years, $4 billion: Clark County School District has plan to ease crowding

It’s settled: The Clark County School District will build 35 new elementary schools, two new high schools and expand or renovate dozens more campuses over the next 10 years. School board members recently voted to approve ...

Revitalizing North Las Vegas: Where do we start?

Lydia Garrett, president of the North Valley Leadership Team, stands by the entrance to an 18-acre parcel, formerly the Buena Vista Springs senior complex, in North Las Vegas Tuesday, Oct. 6, 2015. The Leadership Team wants the city to follow a mixed-use plan for the parcel based on results from a City of North Las Vegas survey of residents.

Lydia Garrett doesn’t like waiting for answers — not when people in her neighborhood are struggling to pay their bills and find jobs. Yet Garrett, president of the North Valley Leadership Team, a community group, says all that seems to come from the city ...

The Data: Oct. 11-17

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What Mars can teach us about using water

This undated photo provided by NASA and taken by an instrument aboard the agency's Mars Reconnaissance Orbiter shows dark, narrow, 100 meter-long streaks on the surface of Mars that scientists believe were caused by flowing streams of salty water. Researchers said Monday, Sept. 28, 2015, that the latest observations strongly support the longtime theory that salt water in liquid form flows down certain Martian slopes each summer.

Inspired by research from the red planet, scientists from across the country share ways Nevada can make the most of its most precious resource ...