Business and Economy - Las Vegas Sun

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Report: Las Vegas existing home prices to continue slide: July 29, 2010; By Buck Wargo; Las Vegas existing home prices will decline 14 percent by early 2011 and another 4 percent by early 2012, according to a report released today by a Wisconsin research firm.

Wynn Encore Macau, the newest resort, stands in Macau, Wednesday, April 21, 2010. Billionaire Steve Wynn opened his latest hotel and casino in Macau Wednesday and said he aims to start building a massive new resort in the Chinese gambling mecca next year.

Wynn Resorts reports booming profits: July 29, 2010; By Amanda Finnegan; Wynn Resorts more than doubled its profits during the second quarter of 2010 as business continued to boom in the Macau region of China.

McCarran reports drop in June traffic: July 29, 2010; By Kyle Hansen; The number of passengers traveling through McCarran International Airport fell just above 1 percent in June, the airport said Thursday.

Ex-Disney official named to board of Las Vegas Sands Corp.: July 29, 2010; By Sun Staff; Wing Chao, most recently the executive vice president of Walt Disney Imagineering, has been elected to the board of directors of Las Vegas Sands Corp.

Delta plans new route between Las Vegas and Hartford, Conn.: July 29, 2010; By Richard N. Velotta; Delta Air Lines will stick its toe in the water on a new route with Saturday-only nonstop flights between Las Vegas and Hartford, Conn., beginning Oct. 2.

Southwest Airlines planes sit at McCarran International Airport.

Southwest quarterly earnings soar: July 29, 2010; By Richard N. Velotta; Dallas-based Southwest Airlines, the market leader at McCarran International Airport, rode an all-time-high quarter for revenue to become the fifth of six major air carriers to be profitable in 2010’s second quarter.

Analysts: Weakness in gaming industry continues: July 28, 2010; By Steve Green; Weak consumer confidence, unemployment and cheap hotel rooms indicate the gaming industry is likely to see continued weakness at least through the end of the year, a new report says.

Southwest trims flights to Las Vegas: July 28, 2010; By Richard N. Velotta; Southwest Airlines will offer more than 1,600 fewer seats a day into the Las Vegas market in the winter months following a seasonal schedule change that takes effect in November.

Viad reports $3 million in earnings: July 27, 2010; By Richard N. Velotta; Viad Corp, parent company of Las Vegas-based convention services contractor Global Experience Specialists, said the convention and meetings industry appears to be stabilizing after reporting that earnings narrowed in the company’s second quarter.

Las Vegas golf course taken over by FDIC to go on auction block: July 27, 2010; By Buck Wargo; A Las Vegas golf course taken over last summer by the Federal Deposit Insurance Corp. when it seized Community Bank of Nevada will be auctioned off to the highest bidder.

IGT reports quarterly profits up nearly 52 percent: July 27, 2010; By Amanda Finnegan; International Game Technology saw its profits increase by nearly 52 percent during its fiscal third quarter, the Reno-based gaming manufacturer reported today.

Las Vegas home prices fall again: July 27, 2010; By Steve Green; Las Vegas home prices fell again in May and among big U.S. cities, only Detroit's housing market has performed worse than Las Vegas's during the recession.

R-J mob source hit with copyright suit: July 27, 2010; By Steve Green; Former mob enforcer turned government witness Anthony Fiato over the years has been the subject of a book by Las Vegas Review-Journal columnist John L. Smith and a source for Smith's news columns.

Boyd Gaming says revenue, income down for Borgata casino: July 26, 2010; By Steve Green; Boyd Gaming Corp. of Las Vegas today said revenue and net income fell during the second quarter for its half-owned Borgata casino resort in Atlantic City.

Zappos culture guide Jon Wolske - how many companies have that position? - and fellow Zappos employees welcome a tour group last week with a choreographed weight-lifting routine to the tune of "Eye of the Tiger" in the Zappos office building in Henderson. Zappos departments regularly compete for the best tour-welcoming cheer or performance.

Zappos branches into tour biz — of its offices: July 26, 2010; By Amanda Finnegan; The sound of cowbells echo off the cubicle walls of the Zappos Henderson office. A few steps farther and passers-by are greeted with crackling noisemakers. Naturally, the noisemakers match the Mardi Gras masks hanging from the ceiling and the beads dripping from employees’ desks.

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Best Places to Work awards

It's time for In Business Las Vegas' Ninth Annual Best Places to Work awards program.

Best Places to Work is a contest researched by Quantum Workplace and published by In Business Las Vegas. Participating companies will administer an online employee engagement survey to determine the honorees. The results are based solely on the opinions of the judges who matter most: employees.

There is no cost to participate. Participating companies receive a free overview report of their results. Firms can then purchase advanced reporting to compare their scores to benchmarks of similar-sized companies in the Las Vegas area and to industry competitors nationwide.

The top performers will be recognized in a special issue of In Business Las Vegas in October 2010.

Nominate your company BEFORE August 6. Find out more about the program and sign up your company here.

Diversity in Action awards

In Business Las Vegas will again honor local businesspeople with its Diversity in Action awards. The honorees will be people who have made contributions in support of diversity, which includes nationality, physical/mental disabilities, sexual orientation, and age or gender equality, in the Southern Nevada business community. Some of these people will have overcome adversities and obstacles to advance diversity. Others will have championed the cause. The honorees will be profiled in a special publication Sept. 24. Click here for a nomination form. Deadline for submissions is Thursday, Aug. 19. Click here to download the nomination form.

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