Steve Green
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Story Archive
- US Airways reports loss after Las Vegas cutbacks
- JetBlue also swings to a loss in the quarter
- Thursday, Jan. 29, 2009
- US Airways Group Inc., the second-busiest airline in Las Vegas, today reported a hefty loss of $541 million or $4.74 per share for the fourth quarter that ended Dec. 31 -- substantially worse than its loss in the year-ago quarter of $79 million or 87 cents per share.
- AeroMexico starts nonstop flights from McCarran to Mexico City
- Wednesday, Jan. 28, 2009
- AeroMexico, which has been growing in Las Vegas, will expand again when it launches nonstop flights between Las Vegas and Mexico City on Thursday.
- Wells Fargo, Colonial report drop in profits
- Wednesday, Jan. 28, 2009
- Banking giant Wells Fargo & Co. of San Francisco, a big lender in Nevada, today reported a quarterly loss of $2.55 billion or 79 cents per share as it built up reserves to cover bad loans.
- Las Vegas Sands directors hit with shareholder lawsuit
- Wednesday, Jan. 28, 2009
- Veteran securities fraud attorney Marc Henzel has filed a lawsuit against Sheldon Adelson and the other Las Vegas Sands Corp. directors, alleging they failed to properly oversee the casino-resort giant and are responsible for a huge decline in the value of its stock.
- Index shows further decline in home prices
- Tuesday, Jan. 27, 2009
- More news on the troubled Las Vegas housing market is out today and it confirms what industry observers are saying: Prices here tumbled in the final months of 2008 at a rate greater than in most other cities.
- Profit up for Las Vegas-based Allegiant
- Tuesday, Jan. 27, 2009
- A Las Vegas-based airline today reported its quarterly profit increased as revenue rose and expenses fell.
- Nevada State Bank's parent company reports $498.1 million loss
- Monday, Jan. 26, 2009
- The parent company of Nevada State Bank reported a huge loss today because of bad loans and other issues tied to the economic slowdown.
- Small businesses key to economic recovery, report says
- Monday, Jan. 26, 2009
- A new report is highlighting the importance of small businesses in the economic recoveries of Nevada and the rest of the nation.
- Crew members sue NLV airline over missing pay for war-zone flights
- Friday, Jan. 23, 2009
- Charter aircraft crew members who made flights for the government into war zones in Afghanistan and Iraq are suing a North Las Vegas airline, claiming the company failed to pay all of the federal hazard pay they are due for their work.
- Nevada workers' comp insurer to cut 14 percent of jobs
- Friday, Jan. 23, 2009
- A big Nevada insurance company said today it's cutting its workforce by about 14 percent. Employers Holdings Inc., parent of Employers Insurance Company of Nevada, said the layoffs are in response to the economic downturn and are part of a restructuring plan following the company's acquisition of AmCOMP Inc.
- While economy is down, business is up for pawn shop company
- Friday, Jan. 23, 2009
- Business is good for a big operator of Las Vegas pawn shops as struggling consumers seek out short-term loans.
- Fortune list drops Station Casinos, adds Zappos.com
- Henderson-based Zappos.com debuts on the list of best companies to work for in America at No. 23
- Thursday, Jan. 22, 2009
- Station Casinos Inc.'s four-year run on Fortune magazine's prestigious 100 Best Places to Work list ended today when the Las Vegas company was not included in the 2009 list -- but another Southern Nevada company is ranked for the first time.
- With Encore complete, Wynn lays off design employees
- Wednesday, Jan. 21, 2009
- With the $2.3 billion Encore Las Vegas resort up and running on the Strip, Wynn Resorts is now trimming the size of its development staff. Wynn Design and Development, the design and construction affiliate of Wynn Resorts, says 53 people were laid off Friday, reducing the workforce from 129 employees to 76.
- Palazzo sues timeshare company over missing rent
- Tuesday, Jan. 20, 2009
- A lawsuit has been filed over a multimillion dollar dispute pitting the Palazzo hotel-casino and its shopping mall against a Las Vegas vacation timeshare company.
- Mixed trends seen for Las Vegas office, retail sectors
- Thursday, Oct. 12, 2000
- Brokers say the beleaguered Las Vegas-area office space market may be stabilizing after three years of decline, but retail vacancies remain at record levels amid a glut of empty buildings.