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October 20, 2014

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Business and Economy

A sign seen early Tuesday, Sept. 16, 2014, announces the closing of Trump Plaza Hotel & Casino in Atlantic City, N.J.
Las Vegas rebounds as Atlantic City spirals down
Oct. 5, 2014
On a Tuesday morning in September, employees of Atlantic City’s Trump Plaza braced themselves as news of the resort’s closure arrived. The announcement was hardly unexpected, but its sting was acute. It confirmed a sinister trend for the resort town: One-third of Atlantic City casinos have closed this year, three within the past month. And the decline is expected to continue. Meanwhile, Las Vegas continues to bounce back. Why? ...
A view of the Las Vegas Strip taken from a helicopter May 21, 2012.
Have we reason to fear terrorism on the Strip?
Oct. 5, 2014
As an American landmark, the Strip is in the limelight. That’s true for tourists, but also for terrorists. The question for Metro Police is: When terror threats emerge, how should police share them without needlessly scaring tourists and residents? Two recent but vague ...
Will Las Vegas law usher street performers onto Strip?
Oct. 5, 2014
Any ordinance for Las Vegas still is months away, but it seems likely regulation is coming — but the Strip is not Las Vegas, technically.
Kellie Duran owns and operates Kiss My Honey, which makes organic, paraben-free, all-natural lip balms.
Organic lip balm a natural venture for Las Vegas mother
Oct. 5, 2014
Kellie Anaya Duran just wanted a lip balm that was safe for her toddler to use. Several months later, she found herself at the Emmy Awards, handing out her new product and getting shout-outs from celebrities.
Dow jumps 208 on job gains; Gold, bonds fall
Oct. 3, 2014
Investors think the U.S. economy is at a perfect temperature for stocks: not too hot, not too cold. The latest evidence came Friday in a jobs report that showed a pickup in hiring last month that could mean ...
Man arrested in alleged mortgage lending fraud scheme
Oct. 3, 2014
A Las Vegas man was arrested Wednesday in connection with a mortgage lending fraud scheme in which people paid large down payments for houses they never received, according to the Nevada Attorney General’s Office. Jose Christian Delgado, 39, of Las Vegas and ...
GM issues 2 more recalls for SUVs, mini cars
Oct. 3, 2014
General Motors announced two more recalls Friday, pushing its total for the year to 71, affecting almost 30 million vehicles in North America. The biggest of the new recalls covers just over ...
Nevada JobConnect on Maryland Parkway in Las Vegas Wednesday, May 11, 2011.
Surge of hiring cuts U.S. jobless rate to 5.9 percent
Oct. 3, 2014
In a burst of hiring, U.S. employers added 248,000 jobs in September and helped drive down the unemployment rate to 5.9 percent, the lowest since July 2008. The Labor Department's report Friday also showed that employers added ...
A view of earth-moving equipment at Pompeii Mine in Searchlight on Sunday, Sept. 28, 2014.
Mining company revives long-dormant gold exploration in tiny Searchlight
Oct. 3, 2014
There are no grocery stores or doctor’s offices in this speck of a town outside Las Vegas. Most people live in mobile homes, and new suburban-style housing tracts have streets and utilities but, like a ghost town, few or no homes. There are no major employers, and the only restaurants are McDonald’s and a small casino with 10-cent coffee. But a mile or so north of town, a small company is trying to ...
The Global Gaming Expo, the gaming industry's annual convention, takes place at the Sands Expo on Tuesday, Sept. 30, 2014.
Sneak preview: See the slots previewed at Global Gaming Expo
Oct. 3, 2014
As always, the Global Gaming Expo featured a number of slot machines that will soon debut on casino floors. Much of the equipment that major gaming technology companies showed off skewed toward pop culture themes — and television shows in particular. Here are a few ...
This Monday, Sept. 29, 2014, photo shows signage outside the headquarters of Isis Pharmaceuticals Inc. in Carlsbad, Calif. The pharmaceutical company, which shares its name with ISIS, a notorious Islamic militant group that the United States is fighting in Iraq and Syria, has no plans to change a brand it has built over 25 years.
Businesses with name ‘Isis’ fight bad brand image
Oct. 3, 2014
Aeran Brent is tired of visitors asking about her store's name or snapping pictures of the sign outside. Unfortunately, that's life for a small business owner whose shop — Isis Bridal and Formal — shares a name with ISIS, the acronym of a notorious Islamic militant group that ...
New casinos could be banned on Reno’s north edge
Oct. 2, 2014
The city of Reno is considering a plan to ban any new casinos or unrestricted-gambling licenses on the north edge of downtown as part of an effort to ...
Las Vegas Sands Corp. CEO Sheldon Adelson speaks at the Global Gaming Expo, Wednesday, Oct. 1, 2014, in Las Vegas.
Sheldon Adelson interested in northern New Jersey casino
Oct. 2, 2014
Billionaire casino magnate Sheldon Adelson says he's interested in building a casino in the northern New Jersey Meadowlands if the state allows the expansion of gambling beyond Atlantic City. Speaking Wednesday at a casino industry forum in Las Vegas, the chairman ...
Traffic is shown on Bicentennial Parkway at the Inspirada master-planned community in Henderson, Monday, Sept. 29, 2014.
Back in business: Henderson’s Inspirada eager for a comeback
Oct. 2, 2014
On the outskirts of southern Henderson, near large swaths of open desert and a small airport buzzing with private planes, the Inspirada community has been a prime example of ...
IBM city expert talks Las Vegas tech
Oct. 2, 2014
Michael Dixon wants Las Vegas to be a smarter city — and he hopes to give local leaders some insight to make it happen.

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