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August 23, 2014

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Business and Economy

Nevada complaint seeks to require condoms in porn
Aug. 8, 2014
A Los Angeles-based group that wants porn performers to wear condoms during film shoots has filed its first complaint in Nevada. The AIDS Healthcare Foundation filed a formal complaint with Nevada's Occupational Safety and Health Administration against...
Casinos want customers to stop leaving kids in cars while they gamble
Aug. 8, 2014
The casino industry is partnering with child safety advocates to try to stop casino customers from leaving children unattended in cars while they gamble — an issue all over the country, including in Maryland, where a 4-year-old was left alone in a parking garage for...
This undated file photo made available by General Motors Co. shows the 2006 Chevy TrailBlazer SS sport utility vehicle. General Motors' troubles with safety recalls have surfaced in another case, this time with the company recalling a group of SUVs, including the 2006-2007 Chevrolet Trailblazer, for a third time to fix power window switches that can catch fire.
GM issues third recall on SUVs that can catch fire
Aug. 8, 2014
General Motors' troubles with safety recalls has surfaced in another case, this time with the company recalling a group of SUVs for a third time to fix power window switches that can catch fire. The problem, revealed in documents posted by federal safety regulators this week, is so serious that...
Fafie Moore, left, a Realty Executives owner/broker, and Realtor Helen Riley look over the backyard of a home being offered for sale in Henderson on April 8, 2013.
Rising Las Vegas home prices hit ‘nice milestone’
Aug. 8, 2014
Las Vegas housing prices inched up last month to the highest level in almost six years. The median sales price of previously owned single-family homes in Southern Nevada in July was $200,000, up 0.1 percent from June and 11.1 percent from July 2013, according to a new report from the Greater Las Vegas Association of Realtors. That’s the highest since August 2008, when the median sales price ...
Sheldon Adelson, chairman and CEO of Las Vegas Sands Corp.
Spending war over online gaming rages among Nevada casino companies
Aug. 8, 2014
Online gaming remains a divisive issue for Nevada casino companies, which are pouring money into lobbying on the issue while they joust over a potential ban. The proposed ban, contained in a measure championed by Sen. Lindsey Graham, R-S.C., and Rep. Jason Chaffetz, R-Utah, has helped trigger hundreds of thousands of dollars in spending from the gaming industry. One side, led by Las Vegas Sands CEO Sheldon Adelson, is...
A Mexican army soldier stands guard outside a Petroleos Mexicanos, Pemex, plant in Mexico City, July 11, 2007.
Mexican Senate approves opening of oil sector
Aug. 6, 2014
Mexico's Congress approved a comprehensive energy reform that will break more than seven decades of state monopoly and dramatically expand the role of foreign and private companies in ...
The spa treatment hall within Encore Las Vegas.
Resort spas might be key to luring medical tourists to Las Vegas, report says
Aug. 6, 2014
Despite its abysmal doctor shortage, business boosters are hoping to make Las Vegas a hot spot for medical tourism, a long hoped-for but elusive ...
In this Jan. 14, 2014, file photo, a Bank of America sign is photographed in Philadelphia.
BofA nears $16B mortgage settlement with U.S.
Aug. 6, 2014
Bank of America is nearing a $16 billion to $17 billion settlement to resolve an investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis. The deal with the bank, which must ...
County OKs plans for arena complex at site of former Strip water park
Aug. 6, 2014
The Clark County Commission signed off today on plans for a 22,000-seat arena on the north end of the Las Vegas Strip. The approval is a first step for...
A view of SLS Las Vegas as seen from atop Allure Las Vegas on Friday, July 4, 2014.
SLS Las Vegas gets preliminary OK for gaming license
Aug. 6, 2014
The Nevada Gaming Control Board today gave preliminary approval for a gaming license for SLS Las Vegas, which is set to open later this month on ...
In this photo taken Friday, Aug. 1, 2014, Yelp CEO Jeremy Stoppelman poses at his company's headquarters in San Francisco.
Yelp CEO reviews his own business after 10 years
Aug. 6, 2014
After Yelp posted the first quarterly profit in its history last week, the online business review site got panned on Wall Street. The company's stock plummeted 11 percent the day after the results came out, wiping out its gains for the year. CEO Jeremy Stoppelman didn't seem disturbed as he sat down to discuss Yelp's evolution in the 10 years since...
Artist Juli Adams on Tuesday, Aug. 5, 2014, in her home art studio in Seattle with one of her original drawings that a line of plush pet toys called "Angry Birds" was based.
Seattle artist sues over ‘Angry Birds’ pet toys
Aug. 5, 2014
A Seattle artist who designed a line of plush pet toys called "Angry Birds" is suing the company that sold them, saying it cheated her of millions of dollars when it reached a deal with the Finnish company that makes the insanely popular ...
In this June 18, 2014, photo, Jeff Bewkes, chairman and CEO of Time Warner, attends the 2014 Cannes Lions 61st International Advertising Festival in Cannes, France. Time Warner on Wednesday, July 16, 2014, said that it has rejected a takeover bid worth about $76 billion from Rupert Murdoch's 21st Century Fox and said it has no interest in further discussions about a combination of two of the world's largest media and entertainment companies.
21st Century Fox abandons pursuit of Time Warner
Aug. 5, 2014
Twenty-First Century Fox is abandoning its attempt to take over Time Warner in a proposed deal that would have combined two of the world's biggest media companies. The about-face announced Tuesday comes three weeks after ...
Gary Loveman, president, CEO and chairman of Caesars Entertainment, delivers a keynote address during the Global Gaming Expo (G2E) at the Las Vegas Convention Center Wednesday, November 17, 2010.
Caesars Entertainment, creditors trade lawsuits
Aug. 5, 2014
Caesars Entertainment’s ongoing financial troubles escalated this week with two lawsuits, one from the casino company alleging that some creditors are trying to force a default and another from creditors alleging Caesars transferred assets fraudulently. The first lawsuit was filed Monday by...
Tourists pose in front of the iconic Welcome to Fabulous Las Vegas sign Tuesday, March 6, 2012.
Why Las Vegas has recovered better than Atlantic City since the recession
Aug. 5, 2014
The recession hit gambling destination cities Las Vegas and Atlantic City especially hard, but though Las Vegas has been able to recover, Atlantic City has not, due in large part to ...

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