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July 31, 2014

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Business and Economy

This July 3, 2014, photo shows Microsoft Corp. signage outside the Microsoft Visitor Center in Redmond, Wash.
Microsoft to cut up to 18,000 jobs over next year
July 17, 2014
Microsoft announced the biggest layoffs in its history Thursday, saying it will cut up to 18,000 jobs or 14 percent of its staff as it works to cut down on management layers and integrate the Nokia cellphone business it bought in April. The news sent Microsoft's stock up 2 percent in...
After an hourlong bus ride, Mary Coleman, a part-time employee at a Popeyes, was once told to go home without clocking in, even though she was scheduled to work. Unpredictable hours and on-call shifts have kindled a nationwide movement to give part-time workers more rights.
A national movement’s push to give steadier shifts to part-timers
July 17, 2014
As more workers find their lives upended and their paychecks reduced by ever-changing, on-call schedules, government officials are trying to put limits on the harshest of those scheduling practices.
Las Vegas-based gold dealer launches first digital currency backed by bullion
July 16, 2014
http://www.reuters.com/article/2014/07/16/gold-bitcoin-idUSL2N0PR2CU20140716
A man drinks beer from a plastic cowboy boot on Fremont Street Saturday, June 30, 2012.
Police can now confiscate booze in downtown casino district
July 16, 2014
From now on, if you have a bag of liquor and you open it on the Fremont Street Experience, police have the option of confiscating the booze. That was the lesser punishment considered ...
Construction continues on the new Downtown Summerlin project as developers lead a media "hard hat" tour of the project on Thursday, May 15, 2014.
Developer secures $312 million loan for Summerlin mall, office project
July 16, 2014
Summerlin developer Howard Hughes Corp. has secured a nearly $312 million loan to finance its massive retail and office project ...
The U.S. Army Corps of Engineers recently awarded a $30 million contract for a three-story, 240-room dormitory at Nellis Air Force Base that's slated to open in late 2016. A rendering is seen above.
New barracks to replace ‘outdated’ dorms at Nellis Air Force Base
July 16, 2014
Ground will be broken next year on a $30.4 million dormitory for airmen at Nellis Air Force Base. After the new barracks is finished in 2016, two dorms built in 1975 ...
People try out a Bridesmaids video slot machine by International Game Technology (IGT) during the G2E convention at the Sands Expo Center Tuesday, Sept. 24, 2013.
Las Vegas-based IGT sold in deal valued at $6.4 billion
July 15, 2014
Italian lottery operator Gtech is purchasing Las Vegas-based slot maker International Game Technology for $6.4 billion, the companies announced early Wednesday. The cash and stock deal also includes ...
Super Liquor co-owner pleads guilty in tax scheme
July 15, 2014
Ramzi Suliman pleaded guilty to one count of conspiracy to defraud the United States ...
Las Vegas developer buys Reno’s blighted Kings Inn
July 15, 2014
The Kings Inn, the long-abandoned hotel-casino that has come to symbolize downtown Reno blight, has been sold to a Las Vegas developer. The sale isn't final until …
State will gather opinions about minimum wage in Friday workshop
July 15, 2014
The session will be held at 9 a.m. Friday at 555 E. Washington Avenue, Room 2450, in Las Vegas and at the office of the state Gaming Control Board in Carson City ...
This artist's rendering released Wednesday, March 27, 2013, by Wynn Resorts shows a proposed resort casino on the banks of the Mystic River in Everett, Mass.
Boston mayor: ‘No-win’ situation with Wynn; will boycott arbitration
July 15, 2014
State gambling regulators are weighing how to respond to Boston Mayor Marty Walsh's refusal to participate in arbitration with Wynn Resorts for a ...
Touro training: Student LaShare Edwards displays her nursing skills in a lab at Touro University Nevada in Henderson on March 9, 2009.
Touro University gets $2 million for campus projects after bond sale
July 15, 2014
The Henderson medical school and three sister campuses — one in the San Francisco Bay area and two in New York — recently banded together to borrow $148.1 million. The Southern Nevada campus got about $40 million.
First grade student Angel Rosales and his sister Marisol look over one of Angel's compositions during a parent-teacher conference at Lois Craig Elementary School in North Las Vegas Wednesday, Oct. 23, 2013. Marisol helped her mother with some translation. About 80 percent of students at the school are Hispanic.
Report: Nevada Hispanics face many obstacles to scholastic, financial success
July 15, 2014
A new report says Hispanics in Southern Nevada trail their counterparts in neighboring states when it comes to ...
The El Cortez in downtown Las Vegas Monday, June 10, 2013. STEVE MARCUS
Ultimate Gaming to run online poker for the El Cortez
July 14, 2014
The historic El Cortez casino, a holdover from Las Vegas’ mob days, is now lockstep with 21st century gambling. Real-money poker website Ultimate Gaming has reached a deal to run the downtown resort’s...
A view of the the Downtown Grand in downtown Las Vegas Tuesday, Nov. 12, 2013.
Downtown Grand adjusts food options; Presto Café offers healthy provisions
July 14, 2014
A Chinese restaurant and sports book deli at the Downtown Grand say goodbye as Japanese Cuisine By Omae holds its soft opening. Five Guys launches a new location ...

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