Las Vegas Business News

Openings & Closings: Juicery, bakery, art-supply store among new businesses

The Cupcakery

A new woodshop and art-supply store will help fill the valley’s creative needs, while a new juicery and a bakery will help serve the valley’s palate. Also, Fremont Street says goodbye to one of its oldest casinos.

Despite stock fall, financial health of many is still solid

Many Americans have just absorbed a financial beating — at least as measured by their stock holdings. It's the kind of blow that can ...

U.S. stocks rebound to log best day in 4 years

Trader Tommy Kalikas works on the floor of the New York Stock Exchange, Wednesday, Aug. 26, 2015. U.S. stocks are opening sharply higher Wednesday after slumping for six straight days amid concern that growth in China was slowing more quickly than previously thought.

An afternoon surge Wednesday gave the stock market its best day in close to four years, as stocks rebounded from a six-day slump. The Dow Jones industrial average rose ...

Will court ruling on N.J. gaming stop spread of legal sports books? Don’t bet on it

Bettors stand in line to make their wagers at the LVH sports book during the second round of the NCAA basketball tournament Thursday, March 20, 2014.

Efforts to open legal sports books outside Nevada suffered a major setback Tuesday when a federal appeals court denied New Jersey’s attempt to bring betting on athletics to its ...

Local governments win arbitration ruling eliminating longevity pay for some union employees

Local governments across the valley scored a major victory in the ongoing controversy over employee pay when an arbitrator sided with ...

U.S. stocks reverse in final hour; Dow falls 205 points

Traders Fred DeMarco, left, and Kevin Lodewick, right, work on the floor of the New York Stock Exchange, Tuesday, Aug. 25, 2015. U.S. stocks jumped at the open after China's central bank cut interest rates to support its economy.

U.S. stocks are closing lower Tuesday after falling sharply in the ...

Ashley Madison users in U.S. sue cheating website

A June 10, 2015, photo from files showing Ashley Madison's Korean website on a computer screen in Seoul, South Korea.

Eight people across the U.S. who registered to use Ashley Madison are suing the cheating website after hackers released personal and detailed information of millions of users, including ...

U.S. stocks surge after China cuts rates to help economy

A trader watches his screens when the curve of the German stock index DAX went up close to 10,000 points again at the stock market in Frankfurt, Germany, Tuesday, Aug. 25, 2015.

Stocks surged Tuesday morning on Wall Street, erasing some of the heavy losses of a day earlier, after China cut interest rates to try to ...

Federal ban on sports betting upheld by appeals panel

The federal ban on sports betting in all but four states was upheld Tuesday, dealing a blow to New Jersey's latest effort to expand gambling options to help its ...

$30M battery recycling plant breaks ground in Nevada

A California company has broken ground on a $30-million battery recycling plant in Nevada that federal officials say will be the first of its kind ...

Caesars stock posts strong gains in wake of restructuring announcement

Fountains and entrance about exterior of Caesars Palace on Wednesday, August 5, 2015.

Amid global stock-market carnage today, shares of Caesars Entertainment Corp. bounced higher after the casino giant announced a restructuring deal ...

Switch becomes first Nevada company to join Obama climate initiative

Technology firm Switch opened a new data center — Supernap Las Vegas 9 — on Thursday, Aug. 13, 2015.

Data company Switch is the first Nevada business to sign the the White House’s American Businesses Act on Climate Pledge, joining companies like Apple and Amazon in ...

Investigators can’t determine cause or source of Cosmopolitan pool fire

A fire broke out Saturday, July 25, 2015, at the Cosmopolitan. The blaze was at the Bamboo Pool on the casino's rooftop.

Investigation into the cause of the July pool deck fire was inconclusive, the Clark County Fire Department ...

New era: Las Vegas area’s first medical marijuana dispensary opens

Dozens of customers wait in line to purchase marijuana on Monday, Aug. 24, 2015, opening day of Euphoria Wellness, the first marijuana dispensary in Las Vegas.

Standing outside Euphoria Wellness in the southwest valley, Joe LaMarca beamed as he recounted all the work it took to hang a banner above his medical marijuana dispensary ...

U.S. stocks pare losses after 1,000-point Dow plunge

People watch trading boards at a private stock market gallery in Kuala Lumpur, Malaysia on Monday, Aug. 24, 2015. Stocks tumbled across Asia on Monday as investors shaken by the sell-off last week on Wall Street unloaded shares in practically every sector.

U.S. investors got a serious jolt Monday when the Dow Jones industrial average tumbled 1,000 points minutes after the market opened in a wave of selling that circled the globe after a historic plunge in Chinese stocks.

At Clean Energy Summit, Reid calls for modernization of Nevada’s energy systems

Senate Minority Leader Harry Reid, D-Nev., gives opening remarks during the National Clean Energy Summit 8.0 on Monday, Aug. 24, 2015, at Mandalay Bay Convention Center.

Sen. Harry Reid compared the Nevada’s power infrastructure to a “Model T Ford” in opening remarks at today’s Clean Energy Summit at the Mandalay Bay Convention Center. The Senate minority leader advocated for new investments in solar energy and other forms of clean power, distributed storage and ...

U.S. stocks plunge in early trading after Chinese stock rout

People watch trading boards at a private stock market gallery in Kuala Lumpur, Malaysia on Monday, Aug. 24, 2015. Stocks tumbled across Asia on Monday as investors shaken by the sell-off last week on Wall Street unloaded shares in practically every sector.

U.S. stock markets plunged in early trading Monday following a big drop in ...

Fremont Street landmark closes, but juicery, bakery and more open in valley

The founders of Pressed Juicery are Carly de Castro, Hayden Slater and Hedi Gores.

A new woodshop and art supply store help to feed the valley's creative side, while a juicery and a bakery serve the valley's palate. Also, Fremont Street says goodbye to one of its oldest casinos ...

Steve Wynn: From ultimate Vegas insider to outsider in Boston

Las Vegas casino magnate Steve Wynn and Boston Mayor Martin J. Walsh are at odds over Wynn's plans to open a casino in the Boston suburb of Everett, Mass.

Casino mogul Steve Wynn, who many credit with transforming Las Vegas, has faced pushback in Massachusetts, where he plans to build a new resort. Boston and two nearby cities ...

For family jeweler, ‘there are no rules’

Stuart Berger, owner of Berger & Son Fine Jewelers, is reflected in a mirror in the store at the Fashion Show Mall Monday Aug. 3, 2015.

Berger & Son Fine Jewelers is a family owned and operated business with more than 40 years of experience in Las Vegas.