Latest Business News

Short supply of beef and pork is creating largest price increase in years

The co-owners of Smokeys BBQ, Rosco Carrasco, left, with brisket, and Paul Calhoun with pork ribs, are being faced with passing higher prices on to their customers.

Soaring meat prices are hitting producers, suppliers and consumers across the country. The price of beef and veal shot up more than 10 percent from June 2013 to June 2014, according to the most recent Consumer Price Index. Pork prices rose by 12 percent. The largest price increases in three years are driven by ...

Neighbor who triumphed over Trump is moving on

The Trump Plaza towers over Vera Coking's three-story rooming house Wednesday, July 23, 2014, in Atlantic City. The decrepit boarding home owned by the Atlantic City woman who has been turning down multimillion-dollar offers for the building in the shadow of Trump Plaza since the 1980s is now up for auction.

She once called Donald Trump "a maggot, a cockroach and a crumb." This week, he remembered her as "an impossible person." The woman who became a folk hero for resisting decades-long efforts by big-name developers like Trump to displace her Atlantic City boardinghouse is now 91 and, apparently ...

Downtown Grand names 4 new executives

A view of the lobby following an official opening ceremony for the Downtown Grand in downtown Las Vegas Tuesday, Nov. 12, 2013.

The Downtown Grand has a slate of new executives. Management announced today that Marie Ramsey was hired as chief financial officer; Jeffrey Rabinowitz joined as ...

Las Vegas Strip’s first Bitcoin ATM becomes operational

For those willing to take a chance on the digital currency Bitcoin, there's a new way to get cash on the Strip. As with a regular ATM, people who use this ...

Nevada taxable sales up 8 percent in May

Taxable sales, one indicator of the economy, rose by 8 percent in May compared to the same month a year ago, spurred by business in Clark and Washoe counties. The state Department of Taxation reported...

Jackson-Orlando flights in works with Allegiant

An Allegiant Airlines jet takes off from McCarran International Airport on Friday, Aug. 26, 2011.

ow-cost carrier Allegiant Air and Jackson airport officials are awaiting federal approval of two direct flights a week to and from Orlando, Florida. The airline is seeking a subsidy from the...

Hyundai recalls 883,000 Sonatas to fix gear shifters

This undated file product image provided by Hyundai shows the 2013 Hyundai Sonata.

Hyundai is recalling its popular Sonata midsize sedan to fix problems with the gear shift levers. The recall covers 883,000 cars from the 2011 through 2014 model years. The Korean automaker says ...

New-home sales in Las Vegas slide in first half of 2014

Cass Via, a maintenance worker at the High Roller, looks over a home listing in his RV at the Oasis Las Vegas RV Resort Tuesday, July 29, 2014. Via is in the market for a house but says he will be buying a pre-owned home, not a new one.

Sales of new homes in the Las Vegas Valley are down sharply in the first six months of this year compared with the first half of last year. Prices have risen dramatically and builders continue to pull permits, but the reasons some prospective buyers aren't closing deals are ...

Task force: Graduate medical education a key to solving Nevada’s doctor shortage

While UNLV continues to form a budget proposal for its medical school, a governor’s task force has recommended that the state spend $12 million to ...

Ticket me Elmo? NYC mulls law for impersonators

A visitor to Times Square stands for photos with costumed characters Monday, July 28, 2014, in New York. New York Mayor Bill de Blasio said Monday that he believes the people wearing character costumes in Times Square should be licensed and regulated.

New York City officials are turning up the heat on Elmo, Cookie Monster and Statues of Liberty impersonators — Times Square costumed characters who often demand money for posing in photos with tourists. The city wants to rein in ...

Twitter’s quarterly results soar, stock flies high

In this Feb. 2, 2013, file photo, a smartphone display shows the Twitter logo.

The little blue bird is flying high. Stronger-than-expected financial results pushed Twitter's stock sharply higher on Tuesday after the short messaging service said its revenue ...

Suspects in alleged World Cup betting scheme freed from custody

A wealthy Malaysian businessman who was charged in a World Cup betting scheme has been let out of jail after his poker-star friends posted his bail and immigration officials cleared his release. Fifty-year-old Wei Seng Phua and...

Wynn Resorts 2nd-quarter profit rises on Las Vegas strength

An exterior view of the Wynn and Encore Tuesday, November 15, 2011.

Wynn Resorts Ltd.'s second-quarter earnings increased 57 percent, bolstered by strong results in Las Vegas. The casino operator's adjusted profit topped...

‘Keurig machine for beer’ gets outpouring of interest

Synek's co-founder Steve Young, left, and Strategic Director Michael Werner show their "Keurig machine for beer," for which a successful Kickstarter campaign has seen them raise more than $648,000 for development, manufacturing and marketing expenses.

At the end of a 30-minute interview with Steve Young this month, a colleague of the beer entrepreneur checked his smartphone, leaned over and told him, “We just made another $5,000.” By then, Young was checking his phone many, many times a day. Since the 28-year-old launched a crowdfunding campaign on Kickstarter on June 24 for what has been dubbed the “Keurig machine for beer,” the St. Louis resident said he’s getting a thousand messages daily from people around the world inquiring about the product, eight months before it’s available for sale.

Police facing bigger crowds on streets downtown, on the Strip

Pedestrians stroll with drinks at the Fremont Street Experience Thursday, July 17, 2014.

Downtown’s rebirth is gaining so much steam and the way tourists are enjoying Las Vegas is changing so fundamentally that it’s forcing Metro Police to change the way they ...