Business
Sales tax numbers slide below state projections
Submitted by admin on Thu, 07/30/2009 - 4:01amNevada's taxable sales continued their downward slide in May, for the first time dipping below the Economic Forum projections used to finalize the state budget.
Business highlights
Submitted by admin on Wed, 07/29/2009 - 4:01amIntuit's 120 layoffs include 25 in RenoRENO (AP) - About 25 workers in Reno are among those being laid off by Intuit Inc.
Nevada to get $13.9M for energy projects
Submitted by admin on Wed, 07/29/2009 - 4:01am(AP) - The U.S. Department of Energy has approved $13.9 million in federal stimulus funds for energy projects in Nevada, Gov. Jim Gibbons said Tuesday.Gibbons said the funding will help Nevada invest its future.
Business highlights
Submitted by admin on Wed, 07/29/2009 - 4:01amIntuit's 120 layoffs include 25 in RenoRENO (AP) - About 25 workers in Reno are among those being laid off by Intuit Inc.
V&T Railway: Getting on track
Submitted by admin on Wed, 07/29/2009 - 4:01amThe steam engine that will pull the V&T tourist train between Carson City and Virginia City finally arrived in Nevada Tuesday - by flatbed trailer.
Bernanke explains, defends Fed's actions
Submitted by admin on Mon, 07/27/2009 - 4:01amKANSAS CITY, Mo. -- After taking a pounding in Congress over the economic crisis and the multibillion-dollar bailout of ailing financial firms, Federal Reserve Chairman Ben S. Bernanke went to Middle America to try to explain the central bank's...
Industrial, distribution sectors begin to stir
Submitted by admin on Sun, 07/26/2009 - 4:01amSome significant leases of industrial space give observers hope that the worst days have passed for the manufacturing and distribution industries in Northern Nevada.
Business-friendly state key to luring mint's new jobs
Submitted by admin on Sun, 07/26/2009 - 4:01amRoss Hansen couldn't say enough to Northern Nevada reporters last week about the business-friendly environment of Nevada, where Hansen is moving his Northwest Territorial Mint from suburban Seattle.
Business Licenses
Submitted by admin on Sun, 07/26/2009 - 4:01amBusiness license issued in Carson City as of July 17:Arroyo Cleaning Services, 2209 Birch St., new general business, Roberto Arroyo, owner.Ayala Lawn Service, 4999 Highway 50 E, new general business, Alberto Ayala, owner.
Business Briefs
Submitted by admin on Sun, 07/26/2009 - 4:01amLeaders elected to NNDA committeeBonnie Betts has been elected chairwoman for the Northern Nevada Development Authority's banking and finance advisory committee. Larry Rodriguez has been selected vice chairman.
Staples hosting school supply drive
Submitted by admin on Sun, 07/26/2009 - 4:01amThe Staples store at 915 Jacks Valley Road is teaming up with DoSomething.org for the second annual national school supply drive.
Meltdown 101: The cash for clunkers program
Submitted by admin on Sat, 07/25/2009 - 4:01amWASHINGTON (AP) - Got an old gas guzzler in the garage? Car shoppers can take advantage of new government incentives worth $3,500 to $4,500. Owners can scrap their clunker in exchange for a new, more fuel-efficient vehicle, and lop off...
Carson City company buys South Meadows property
Submitted by admin on Sat, 07/25/2009 - 4:01amA Reno property in South Meadows has been acquired by a Carson City company that plans to develop an office building on the site.
Sales surge amid falling prices
Submitted by admin on Sat, 07/25/2009 - 4:01amAfter a dismal winter, real estate sales in Carson City have picked up the pace during the summer. "I think we are pulling out of our slump to a certain extent," said Kathy Tatro, Coldwell Banker Best Sellers.
Existing home sales show signs of recovery
Submitted by admin on Fri, 07/24/2009 - 4:01amWASHINGTON (AP) - The U.S. housing market is finally on the mend after its most far-reaching collapse in 70 years. That could help rebuild consumer confidence and revive the economy.
Business Briefly 7/24
Submitted by admin on Fri, 07/24/2009 - 4:01amNevada gaming regulators propose open dialogue
Traditions Casino in Dayton takes another step forward
Submitted by admin on Fri, 07/24/2009 - 4:01amRotate Black, Inc. of Petoskey, Mich., says it reached a deal with Schaller Development Group to build The Traditions Casino at Dayton. The planned casino is located on Highway 50 east of Sutro Tunnel Road.
Lower demand causes IGT's earnings to fall
Submitted by admin on Fri, 07/24/2009 - 4:01amRENO (AP) - International Game Technology said Thursday its third-quarter earnings fell 39 percent as the recession continued to stifle product demand in the casino industry, but the performance still beat Wall Street's expectations and...
Dow tops 9,000 as home sales rise for 3rd month
Submitted by admin on Fri, 07/24/2009 - 4:01amNEW YORK (AP) - Investors celebrated news of another jump in home sales by propelling the Dow Jones industrials to their first close above 9,000 since January.
Business Briefly 7/23
Submitted by admin on Thu, 07/23/2009 - 4:01amCasino deal preserved(AP) - Opponents of a Sparks casino project backed by developer Harvey Whittemore lost Wednesday in a bid to get the Nevada Supreme Court to erase a controversial settlement that allowed the project to move forward.
Merchant Thursday: Unique Sounds enjoys new digs
Submitted by admin on Thu, 07/23/2009 - 4:01amThe long journey to success for brothers Mitch and Khaled Abdelhady started in Jerusalem, and has taken them to owning a bright, shiny new building for their business, Unique Sounds.
Carson ranked among 23 metros showing a 'moderating' recession
Submitted by admin on Thu, 07/23/2009 - 4:01amTrying to see through the day-to-day fog of the economy is tough, yet, at least by some measures, Carson City's future is a bit brighter than others.
Mint to move operations to Dayton
Submitted by admin on Wed, 07/22/2009 - 4:01amA Washington state firm has purchased Medallic Art Company in Dayton, a move that could possibly bring about 200 new jobs to the area.
Chapter 7 for clinics named in hepatitis case
Submitted by admin on Tue, 07/21/2009 - 1:02pmLAS VEGAS (AP) - The three medical clinics at the center of last year's hepatitis outbreak have filed for bankruptcy, in a move that threatens to delay the first civil trial involving a patient infected with hepatitis C, which is...
Suit seeks damages from mining firm
Submitted by admin on Tue, 07/21/2009 - 12:57pmRENO (AP) - Five workers laid off last year from a northern Nevada mine have filed a civil lawsuit against a Canadian mining firm, claiming they were denied severance pay, notice, medical claims and retirement contributions required under...
Report: CIT Group board OKs $3 billion rescue loan
Submitted by admin on Mon, 07/20/2009 - 4:01amWASHINGTON (AP) - CIT Group Inc.'s board approved a deal late Sunday with major bondholders to keep the company out of bankruptcy with a $3 billion rescue loan, the New York Times reported.
Stalled Fontainebleau resort canceling 2010 events
Submitted by admin on Sun, 07/19/2009 - 4:01amLAS VEGAS (AP) - With construction on its $3 billion resort halted, Fontainebleau Las Vegas resort is canceling meetings and conventions scheduled for the first half of 2010.
Truck center discussed for USA Parkway
Submitted by admin on Sun, 07/19/2009 - 4:01amWhile Gov. Jim Gibbons stood before reporters and snipped a ribbon marking the completion of grading of USA Parkway across Storey County last week, Vince Griffith was thinking about the next seven miles of the parkway.
Room rates decline in Tahoe, Washoe
Submitted by admin on Sun, 07/19/2009 - 4:01amHotels in the Reno-Tahoe area are slashing rates in an effort draw visitors.Montbleu Resort, Casino and Spa at South Lake Tahoe, for instance, advertised $39 rooms during June.
Nevada Bar Association making $120,000 in grants
Submitted by admin on Sun, 07/19/2009 - 4:01amLAS VEGAS (AP) - The State Bar of Nevada says it's donating more than $120,000 to nine Nevada nonprofit organizations to boost legal service and education around the state.