Las Vegas hopes to blitz Super Bowl with ads

Jan. 1, 2010

By Richard N. Velotta

Executives with the Las Vegas Convention and Visitors Authority and its contracted advertising agency, R&R Partners, will meet early this month to determine if the city’s popular “What happens here, stays here” television ads can be aired during the Super Bowl.

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Growth of distressed commercial properties slows, hits $17.6 billion

Jan. 1, 2010

By Brian Wargo

The number of commercial properties in distress in the Las Vegas area grew in the fourth quarter — but at a slower pace.

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The List: September 2008-August 2009 Conventions

Jan. 1, 2010

By Ulf Buchholz

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New-home prices drop as number of sales rises

Jan. 1, 2010

By Brian Wargo

The median price of new homes sold in November in the Las Vegas area dropped under $200,000 for the first time in six years and builders sold the largest number this year, a local research firm reported.

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Demanding rent, Bank of America sues for control of shopping center

Jan. 1, 2010

By Steve Green

Investors moved Dec. 17 to seize control of Village Square, a Las Vegas shopping center, charging its owner has failed to turn over rent to the investors as required.

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Survey: Business leaders have hope for national economy, little for LV

Jan. 1, 2010

By Brian Wargo

Southern Nevada business leaders remain pessimistic about the short-term outlook for Las Vegas’ economy and last month suggested any recovery will take a long time.

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Rust Belt, Las Vegas comparison premature — even with gaming in peril

Jan. 1, 2010

By Brian Wargo

Las Vegas may have more in common with Pittsburgh and Detroit than many people realize, says Mary Riddel, a UNLV economist and the interim director of the Center for Business and Economic Research.

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Las Vegas firms learning from recession

Jan. 1, 2010

By Brian Wargo

Having endured the brutal economic downturn of 2009, Las Vegas businesses have learned a thing or two from the continuing recession.

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Analyst sees signs of improvement in economy

Jan. 1, 2010

By Brian Wargo

Although the Las Vegas economy is mired in a deep recession, a local analyst has pointed to signs of improvement and some hope on the horizon.

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McCarran traffic up slightly in November; year is down

Jan. 1, 2010

By Richard N. Velotta

Traffic at McCarran International Airport was up slightly in November compared with a year ago, and the airport’s busiest carrier, Southwest Airlines, had its most improved month of the year with a 9.3 percent increase in passengers.

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Sluggish economy still hurting retail sales

Jan. 1, 2010

By Brian Wargo

High unemployment and cautious consumer spending are expected to dampen retail sales in Las Vegas once the holiday counts are completed at the end of January, retail analysts said.

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Get cracking

Jan. 1, 2010

Sen. Dianne Feinstein, D-Calif., has introduced legislation that would limit development of renewable energy projects in California’s Mojave Desert, and that has some energy companies looking elsewhere.

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Credit union CEO: Talks continue over cash infusion

Dec. 31, 2009

By Brian Wargo

Negotiations are continuing for a cash infusion into troubled Silver State Schools Credit Union, but a plan won’t be finalized until next week at the earliest, the CEO said today.

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Retail vacancy rate dips for first time in 3 years

Dec. 31, 2009

By Brian Wargo

The vacancy rate for office and industrial buildings rose in the fourth quarter, but the retail market halted its slide for the first time in three years, according to a report released this week by CB Richard Ellis.

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Companies seek payment for work on stalled Summerlin project

Dec. 30, 2009

By Steve Green

Construction companies are agitating to be paid for work on the Shops at Summerlin Centre regional shopping mall -- and one says the mothballed project is losing value as its exposed steel superstructure deteriorates due to exposure to the weather.

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