Las Vegas Business News

Nevada getting $4 million for apprenticeship programs

Governor Steve Sisolak and U.S. Secretary of Labor Marty Walsh attend a meeting with Nevada's workforce leaders to discuss how the American Jobs Plan will effect Nevada at CSN's Charleston Campus Tuesday, June 22, 2021.

Nevada will get almost $4 million from the federal Department of Labor as part of $130 million earmarked for workforce development nationwide. The grant to develop ...

22 June 2021
By John Sadler

Cash further squeezes an already tight Southern Nevada housing market

Vivek Sah is director of UNLV’s Lied Center for Real Estate.

As Southern Nevada’s frenzied seller’s market continues, a new concern about the area’s housing market has emerged. More buyers, according to the latest statistics from the Las Vegas Realtors trade group, are closing deals with cash. In May, 31% of all existing homes sold in the Las Vegas area were purchased with cash ...

21 June 2021
By Bryan Horwath

Financing tool can help developers keep PACE with environmental trend

Ultimately, PACE financing benefits property owners by facilitating access to long-term, fixed-rate and low-cost capital, and benefits the community by encouraging clean and renewable energy improvements.

21 June 2021
By Jamie Thalgott

People on the Move: June 21, 2021

In the Notes: Credit One Bank, Southwest Medical, CLS Holdings USA Inc., GoMeyra, Brittany Walker and more ...

21 June 2021
By VEGAS INC Staff

Escapism on rebound: Strat exec excited by possibilities of Vegas tourism comeback

The Strat's Stephen Thayer says the Boring Company’s underground transport system can be a game-changer for the resort corridor.

"We’ve seen it time and time again where we’ve had downturns in Las Vegas for various reasons. Each time, Vegas seems to come back stronger than it was before. It feels like that is what's happening this time."

17 June 2021
By Bryan Horwath

Programs offer stability for unbanked Nevadans

In this July 14, 2014, file photo, a man passes by a Wells Fargo bank office in Oakland, Calif.

Peter Guzman knows it can be easier to swindle those in the unbanked population within the Latino community in Las Vegas. People who don’t have a bank account often pay for services in cash, said Guzman, president and ...

14 June 2021
By Bryan Horwath

PR exec: Financial topics will be ‘front and center in media for the next few years’

Alana Kohl, founder and president of AdvisorPR, poses in her office Thursday, April 22, 2021.

Many industries ground to a halt as the COVID-19 pandemic gripped the nation and world. Not so for Alana Kohl, whose AdvisorPR firm kicked into high gear.

14 June 2021
By VEGAS INC Staff

Gambler wins $1.2 million playing Ultimate Texas Hold’em at the Venetian

An exterior view of the Venetian in Las Vegas,Tuesday, March 17, 2020.

A gambler at the Venetian hit a $1.2 million spade royal flush Tuesday while playing Ultimate Texas Hold’em, according to a news release. The hand triggered the “mega tier” of the Venetian’s Millionaire Progressive promotion. To win the ...

9 June 2021
By Bryan Horwath

Construction exec's advice to young women: Don't wait your turn; speak up

Marisa Palomo, executive director of the PENTA Building Group, poses in front of the company offices Tuesday, June 1, 2021.

Marisa Palomo has spent her entire career in a male-dominated industry. As executive director of the Penta Building Group, she has made it a point to reach out to young women, mentoring them and instilling in them the fortitude to follow their dreams, no matter where that path leads.

7 June 2021
By VEGAS INC Staff

Physical therapy centers help patients regain their balance, one step at a time

James Mortenson, Regional Director of FYZICAL Therapy and Balance Centers, Friday May, 7, 2021.

Fyzical uses a computer system to assess whether patients’ ears, joints or eyes are affecting their balance. The clinic also uses an overhead support system Mortensen compared to a rock-climbing harness to help eliminate a patient’s fear of falling while challenging their balance.

7 June 2021
By Sara MacNeil

The Notes: June 7, 2021

In the Notes: Immunize Nevada, The Firm Public Relations & Marketing, Nevada Hand Inc., John A. Fortin, Tom Axtell and more ...

7 June 2021
By VEGAS INC Staff

Reopening of business is music to Las Vegas’ ears

Rick Springfield performs during a free concert Aug. 12, 2017, on the 3rd Street Stage at the Fremont Street Experience in Las Vegas. From midnight Monday, May 31, until 4 a.m. Tuesday, June 1, the “Downtown Rocks Again!” event will feature eight acts on three stages as the city celebrates the reopening of business.

It will be the first time since the start of the pandemic last spring that live music will take place along the popular pedestrian mall.

31 May 2021
By Bryan Horwath

People on the Move: May 31, 2021

In the Notes: Michael Vita, Kip Kelly, Tom Brady, Bryan Jones, Taylor Booth, Judi Steele, Rich Broome and more ...

31 May 2021
By VEGAS INC Staff

Technological innovation is the next step in Las Vegas’ evolution

The Harry Reid Research and Technology Park opened in January 2020 near Sunset Road and Durango Drive.

To woo the world back, Las Vegas is going to have to borrow and twist a phrase from Hamilton: We’re going to have to innovate our way out.

31 May 2021
By Bo Bernhard

Las Vegas health care executive: Don't let anyone tell us we can't do great things

Maureen Schafer, CEO of Nevada Health & Bioscience Asset Corporation (NHBC), poses at the construction site of the UNLV School of Medicine's first permanent building, the Medical Education Building (MEB), 625 Shadow Lane, Tuesday, Jan. 26, 2021.

Maureen Schafer has experience in hospitality, real estate, media, politics and philanthropy, but there was something about health care that drew her in.

29 May 2021
By VEGAS INC Staff

10 signs Las Vegas is coming back strong this Memorial Day weekend

Tourists ride escalators to Planet Hollywood and the Miracle Mile Shops on the Las Vegas Strip Saturday, April 17, 2021.

Casino revenue is up. More and more people are flying to Las Vegas. And conventions, one of the final pieces to a full economic recovery, are returning.

28 May 2021
By Bryan Horwath

Cosmo on Las Vegas Strip to return to paid self-parking next week

The Cosmopolitan

Non-hotel guests will be charged $10 for up to four hours to park beginning Tuesday. It’s free for Nevada residents for the ...

27 May 2021
By Bryan Horwath

Nevada casino winnings top $1B in April as tourists return

People ride an escalator along the Las Vegas Strip, Saturday, April 24, 2021, in Las Vegas.

For the second month in a row, casinos in Nevada reported $1 billion in house winnings in April, showing signs that tourism business is returning faster to pre-pandemic levels than some experts expected.

27 May 2021
By Associated Press

For Memorial Day, Vegas chapel proposes free nuptials

A Las Vegas chapel plans to honor the military on Memorial Day by offering a chance to say “I do.” KVVU-TV reports that the Little Vegas Chapel is offering weddings free of charge Monday for ...

24 May 2021
Associated Press

Russian to be deported after foiled Tesla ransomware plot

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.

A Russian man was sentenced Monday to what amounted to time already served in U.S. government custody and will be deported after pleading guilty to trying to pay a Tesla employee $500,000 to install computer malware at the company’s Nevada electric battery plant in a bid to ...

24 May 2021
By Ken Ritter and Scott Sonner, Associated Press
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