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September 2, 2010

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Daily, local business news powered by Las Vegas Sun and In Business Las Vegas.

NLV Council fighting for monument threatened by power lines
Sept. 2, 2010
NV Energy has drawn a lot of heat in North Las Vegas after proposing a 260-foot swath of land rich with fossils be used for transmission lines to connect green energy plants across the state.

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Governor’s Conference on Tourism could be last if it flops
Sept. 2, 2010
Former Nevada Gov. Richard Bryan, who developed the first Governor’s Conference on Tourism more than two decades ago, will be honored at December’s revamped two-day event.

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Former Lady Luck owner has plans for Las Vegas market
Sept. 1, 2010
The state Gaming Control Board today recommended approval of the licensing of the company that once owned the shuttered Lady Luck casino in downtown Las Vegas.

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Planning Commission waives zoning codes for massage studio
Sept. 1, 2010
A family-practice massage studio is one step closer to becoming a reality. Last week, the Las Vegas Planning Commission unanimously approved the owner’s request to waive zoning codes and open Ilan Massage Studio.

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Why we are writing about the R-J copyright lawsuits
Sept. 1, 2010
Some commentators are wondering why the Las Vegas Sun, and our sister publication In Business Las Vegas, have published so many stories about the Las Vegas Review-Journal/Righthaven LLC copyright infringement lawsuit campaign.
Report: Nevada should be hub for clean-energy innovation
Sept. 1, 2010
In 19th-century America, the government awarded land grants to start what would become the transcontinental railroad and establish universities such as Rutgers and Michigan State.

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Settlement reached after judge refuses to dismiss copyright suit
Aug. 31, 2010
Las Vegas copyright enforcement company Righthaven LLC won a legal victory in one of its lawsuits Tuesday when a federal judge refused to dismiss the suit.

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Moody's downgrades debt rating of Stratosphere owner
Aug. 31, 2010
Disappointing financial results by the owner of the Stratosphere hotel-casino in Las Vegas resulted in a debt rating outlook downgrade today.

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Las Vegas Sands Corp. Chairman Sheldon Adelson gives testimony during the a trial resulting from a lawsuit by Hong Kong businessman Richard Suen.
Sheldon Adelson appeals $58.6 million judgment
Aug. 31, 2010
Gaming mogul Sheldon Adelson says a Las Vegas jury relied on “wishful thinking” in awarding $43.8 million to a Hong Kong businessman who says he used his influence to help Adelson get approval for two casinos in Macau. Adelson says there was no evidence presented at a 29-day trial to award the money to Richard Suen, who claims he was offered $100 million at one point.

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Gaming industry tradeshow moving to Sands Expo
Aug. 31, 2010
The gaming industry’s annual tradeshow will find a new spot on the calendar and a new home in Las Vegas next fall. G2E is scheduled for Oct. 4-6 next year, rather than the middle of November.

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Nevada Job Connect is shown in December 2008, months after the nation's economy began to sputter. A report released Tuesday shows there's no sign of job growth in the state through the next several months.
UNLV: No job growth in forecast through end of the year
Aug. 31, 2010
A UNLV economic index projects little employment growth in Southern Nevada over the next four to six months. The August index released today by the Center for Business and Economic Research showed a .04 percent increase over July but 0.54 percent decline from August 2009.

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A view of the Riviera on the Las Vegas Strip on Dec. 26, 2007.
Riviera bankruptcy plan includes new equipment, improvements
Aug. 30, 2010
The Riviera Las Vegas hotel-casino would be spruced up and receive new gaming equipment under its parent company's bankruptcy reorganization plan. Unable to service its approximately $291 million in debt and liabilities, Riviera Holdings Corp. filed for Chapter 11 reorganization in Las Vegas on July 12.

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UNLV Center for Business and Economic Research names new director
Aug. 28, 2010
The UNLV Center for Business and Economic Research has named a former director at the Federal Reserve Bank in Dallas as its new director.
Las Vegas' busiest air carrier expanding in N.J.
Aug. 28, 2010
Southwest Airlines, the busiest air carrier at McCarran International Airport, has negotiated a lease agreement with Continental Airlines that would enable Southwest to operate up to 18 round trips a day from Liberty International Airport in Newark, N.J.

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1st Commerce Bank target for sale, consolidation
Aug. 27, 2010
Changes are likely at 1st Commerce Bank in North Las Vegas after two events Friday. A sister company, Bank of Las Vegas, revealed it is seeking approval from the Federal Deposit Insurance Corp. to consolidate 1st Commerce Bank into Bank of Las Vegas.

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Nevada Entrepreneur Awards

Many companies prosper with age, but some don't need much time at all to blossom into something great. For its 4th annual Nevada Entrepreneur Awards special publication, "In Business Las Vegas" is accepting nominations spanning industries such as technology, health care, entertainment and development to find companies surviving and thriving in today's tough economy. The honorees will be profiled in a special publication on Nov. 5. Deadline for submissions is Friday, Sept. 17. Click here to download the nomination form.

In Business TV

Dec. 11

Bank of America responds to criticism from U.S. Sen. Majority Leader Harry Reid about its home loan modification program. Plus, a couple of veteran gamers ... Watch »

Dec. 4

Five years and $8.5 billion later, Citycenter opens its doors during bleak times. Will the gamble pay off? Plus, will a move to ensure union ... Watch »

Nov. 27

Federal,state and local authorities join forces to fight mortgage fraud. Plus,a local doctor cops a plea in the medical mafia case. And, is the recession ... Watch »

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