Las Vegas Business News

Stocks advance ahead of Federal Reserve decision

tocks posted solid gains Wednesday ahead of a closely watched decision by the Federal Reserve on whether or not to raise interest rates. Beer companies gained on word of a possible deal between two giant brewers, and energy stocks rose ...

Investors buy 64 condo units at Sky Las Vegas high-rise on north Strip

Developers of the 45-story condo tower Sky Las Vegas, pictured on April 21, 2015, have found a buyer for 64 units at the high-rise.

A 45-story luxury high-rise, Sky is across the street from the mothballed Fontainebleau resort. Pathfinder picked up the remaining units that never sold after the 409-unit tower opened in 2007. The units at Sky, 2700 Las Vegas Blvd. South, were listed for sale in April at a price of ...

HP to jettison up to 30,000 jobs as part of spinoff

This Aug. 21, 2012, file photo shows an exterior view of Hewlett-Packard Co. headquarters in Palo Alto, Calif.

Hewlett-Packard says its upcoming spinoff of its technology divisions focused on software, consulting and data analysis will eliminate up to 30,000 jobs. The cuts announced Tuesday will be within the newly formed ...

Problem-prone Las Vegas Strip escalators to be replaced

The Nevada Department of Transportation board voted Monday to approve a $35 million deal with California-based Whiting-Turner Contracting Co. The money will help replace 16 escalators that allow crowds of pedestrians to ...

Ride-hailing companies Uber, Lyft get permits to operate in Nevada

In this Jan. 4, 2013, file photo, Lyft passenger Christina Shatzen gets into a car driven by Nancy Tcheou in San Francisco. Ride-sharing companies Uber and Lyft are preparing to enter the Las Vegas market.

The Nevada Transportation Authority today approved ride-hailing companies Uber and Lyft to operate in Nevada, although local regulatory hurdles still loom and ...

With Fed rate decision looming, stocks drift lower

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

The U.S. stock market drifted lower Monday following more signs of slowing growth in China. Traders were also looking ahead to a much-anticipated Federal Reserve meeting later this week. The central bank could raise interest rates for ...

How far does $5,000 subsidy go at private schools in Southern Nevada?

Sarah Emery and Kyle Wagner color in a worksheet during teacher Ilena Nelson's preschool Spanish class on Wednesday, Jan. 11, 2012. Henderson International School, a private school in Green Valley, started offering Spanish classes to preschoolers three years ago so students could video-conference with its sister school in Mexico.

Legislators passed a law that grants parents a subsidy for private school in the amount that the state otherwise would spend educating the child in public school, and many families would like to know what kind of dent that would make in their education bill ...

Drought is taming wild horses in Southern Nevada

Ribs show on a wild horse in an enclosure at the Oliver Ranch near Red Rock Canyon Thursday, Sept. 3, 2015. The horse was among horses rounded up near Cold Creek.

The Bureau of Land Management rounded up more than 200 wild horses. Some were euthanized, others sent to Utah for rehabilitation and adoption. They can’t survive on their own in the drought-stricken desert, BLM officials say ...

Owners putting up big money to save enclosed malls

A woman looks at a store directory Sunday, Sept. 6, 2015, at the south end of Boulevard Mall. The space at the south end, formerly Dillards, is undergoing a renovation.

Some analysts say enclosed shopping malls are relics of a bygone era, but the properties’ owners are invested in bringing them back to prominence. They have upgraded the buildings and hope new strategies to bring in shoppers will allow them to compete with flourishing shopping centers on the Strip ...

The Notes: Commercial Real Estate, Sept. 13-19

In the Notes: DC Building Group, Roche Construction, Security Properties, Penta Building Group, Burke Construction Group and more ...

People on the Move: Sept. 13-19

In the People: Marvin Chandler, MOe Rayner, Jeff Wood, Eric Larkin, James Griffis, Chris Connell, Jennifer D'Alessio, Eddie Castaneda, Nicole Williams and more ...

Rise of residential construction will lift all boats

As a general contractor, we have watched the residential construction industry become stronger, a sign that our commercial sector industry’s growth was coming ...

Business offers online shopping with a personal touch

Staffers at Bikini.com use their office studio space to capture their products as an online retailer that has "pop-up" shops at some of the most popular day clubs along the Strip, Friday, Nov. 16, 2014.

Director Shannon Follansbee hit the reset button on the business when Remark Media bought the company. The team streamlined the website and focused on creating a relaxed, luxury shopping experience for its customers ...

The Data: Sept. 14-20

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].

UNLV at the Big House: What it means for the Rebels

Michigan Stadium, aka "The Big House"

For one afternoon, the UNLV football team will be front and center on one of college football’s largest and most historic stages ...

Industry rebounding, but let’s not go overboard

Charles Van Geel, president of NAIOP, says warehousing stands out as the strongest prospect for investment and development in 2015.

The vice president of leasing and sales at American Nevada Company, who also serves as Southern Nevada chapter president of NAIOP, talks about the status of commercial real estate in the Las Vegas Valley, his predictions for the future and two presidents he admires ...

Why a solar company left Nevada

In this file photo, Vivint Solar employees install solar panels on a home.

In July, the Utah-based rooftop solar company Vivint said it was moving to Nevada — promising new jobs and economic development in the valley. A month later, the company said it was backing out of the state. The reason: A shakeup in the policy known as net metering, which gives rooftop solar customers a credit for ...

The List: Chambers of commerce

Find out about chambers of commerce. This week, we rank them by number of members as of Aug. 1.

He kept the party going on Fremont Street

Jeff Victor, president of Fremont Street Experience, makes a few remarks Tuesday, Nov. 27, 2012, before unveiling downtown's newest addition, SlotZilla, a permanent two-level zip line that spans 1,700 feet through the downtown canopy.

Jeff Victor, president of the Fremont Street Experience, has been instrumental in organizing nightly events in downtown Las Vegas and has less than a month left on the job. Today, live performances are staged every night at ...

Office Depot apologizes to woman over anti-abortion fliers

This July 12, 2010, photo shows signage at an Office Depot store in Mountain View, Calif.

The CEO Office Depot apologized Friday to a suburban Chicago woman who said the company discriminated against her religious beliefs when its employees told her that ...