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As rates rise, exec pay soars
Salaries and other compensation for four of five senior executive positions at Sierra Pacific Resources more than doubled over five years, exceeding even recommendations from an expert hired by the [read more]
[ source ] http://www.lvrj.com : July 18, 2008
No GOP Gathering Planned
The Nevada Republican Party won't resume its unfinished state convention as scheduled at the end of this month, the party announced Thursday. Party Chairwoman Sue Lowden said not enough RSVPs were [read more]
[ source ] http://www.lvrj.com : July 18, 2008
More Surgeons Needed -- Stat!
In an effort to expand the expertise of trauma, general and critical care surgeons so that they can handle all emergency surgery procedures, the University of Nevada School of Medicine has started [read more]
[ source ] http://www.lvrj.com : July 18, 2008
Citigroup Posts $2.5B loss, But Beats Expectations
Citigroup posted another loss and laid off 6,000 employees in the second quarter as it struggled with surging loan defaults, but the $2.5 billion shortfall was smaller than Wall Street anticipated. [read more]
[ source ] http://www.lvrj.com : July 18, 2008
IGT Praised Despite Down Quarter
Only in these current market conditions, with gaming industry stock prices slumping to historic lows, would the leading slot machine manufacturer be praised for a quarterly earnings miss. Reno-based [read more]
[ source ] http://www.lvrj.com : July 18, 2008
Building Slumps to 17-Year Low
Builders started work in June on the fewest single-family U.S. homes since 1991 and manufacturing in the Philadelphia region contracted for an eighth straight month, signaling the economic slowdown [read more]
[ source ] http://www.lvrj.com : July 18, 2008
Lake Las Vegas Seeks Chapter 11 Protection
In one of the potentially largest bankruptcies in Nevada history, Lake Las Vegas, a 3,592-acre residential and resort development in Henderson, filed for Chapter 11 bankruptcy Thursday. Lake at Las [read more]
[ source ] http://www.lvrj.com : July 18, 2008
Apartment Occupancy Rate Falls by 3.2 Percent
Apartment occupancy growth in the Reno-Sparks area fell 3.2 percent in the second quarter from a year earlier, a report Thursday showed, possibly pulled down by an influx of condos into the housing [read more]
[ source ] http://www.rgj.com : July 18, 2008
State Attorney Targets Fraudulent ‘Consultants’
The foreclosure crisis has created a growth industry in bailout schemes. Assistant Chief Deputy Attorney General John Kelleher estimates dozens of "foreclosure consultants" have set up shop in the [read more]
[ source ] http://www.lasvegassun.com : July 18, 2008
Yucca Mountain Cost Estimate Tops $90 billion
The projected costs to build a nuclear waste repository at Yucca Mountain, ship used radioactive fuel to Nevada from around the country and operate the site for 100 years have grown to more than $90 [read more]
[ source ] http://www.lvrj.com : July 16, 2008
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