Business and Economy - Las Vegas Sun

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Judge in Station Casinos case refuses creditors' request: Nov. 20, 2009; By Cy Ryan; RENO – A federal bankruptcy judge has refused, for the time being, a request by the unsecured creditors of Station Casinos to hire another firm to aid in seeing whether there was any fraud or unsavory dealings in the handling of its finances.

Joint venture will acquire Hughes Center owner: Nov. 20, 2009; By Steve Green; A big nationwide real estate deal announced today includes the high-end, 115-acre Hughes Center office and business complex in Las Vegas. Its owner, Crescent Real Estate Equities Limited Partnership of Fort Worth, Texas, has been taken over by Barclays Capital, part of London-based banking giant Barclays Bank Plc.

A view of Veer Towers, left, and the Mandarin Oriental, Las Vegas are shown during a tour of MGM Mirage's CityCenter project Wednesday, Nov. 18, 2009. The photo is taken looking east from the Aria toward Las Vegas Boulevard. Properties in the $8.5 billion project will open next month.

Two more CityCenter structures earn high green ratings: Nov. 20, 2009; By Amanda Finnegan; Mandarin Oriental and Veers have both reached the high environmental standard, bringing the total of LEED Gold certified facilities to six. Others include Crystals retail district, Vdara, ARIA’s hotel tower and separately, its convention center and theater.

Vegas company to pay $1 million to settle Arizona case: Nov. 20, 2009; By Steve Green; Global Cash Access Holdings Inc. of Las Vegas on Thursday disclosed details about its agreement with Arizona gaming regulators, saying it will pay $1 million to settle an investigation involving actions years ago involving the company's founders.

Many medical office parks, such as the Medical Pavilion at Southern Palms on Fort Apache Road near Southern Hills Hospital, have high vacancy rates.

Vacancy rate for medical office buildings remains stable: Nov. 20, 2009; By Brian Wargo; The medical office market, even though it is slumping, is outperforming the rest of the local commercial sector because it doesn’t have the same level of distressed properties facing foreclosures, industry analysts said.

Gaming regulators, manufacturers disagree on computer-code writers: Nov. 20, 2009; By Richard N. Velotta; State gaming regulators and slot machines manufacturers are at odds over how Nevada should monitor independent contractors hired to write computer codes for new or updated machines.

Sen. John Ensign mingles with veterans and active duty military personnel after speaking to a group of injured veterans who were invited for a four-night stay at the Venetian.

Veterans get Las Vegas salute at Venetian’s ‘wounded warrior’ event: Nov. 20, 2009; By Richard N. Velotta; The Great Hall at the Venetian was lined with shouting, sign-carrying employees, but this was no organized labor demonstration.

Las Vegas condo hotels remain a tough sell — just ask Trump: Nov. 20, 2009; By Brian Wargo; Sales in the local high-rise market rose 7 percentage points in the third quarter, but closings at the Trump International have been essentially nonexistent, according to the latest report by a Las Vegas research firm.

LV Chamber hires CEO recruiter to find successor: Nov. 20, 2009; By Richard N. Velotta; The Las Vegas Chamber of Commerce has begun its search to replace longtime President and CEO Kara Kelley.

Foreclosures fuel land bargains for investors: Nov. 20, 2009; By Brian Wargo; Foreclosure sales are dominating the raw land market and suppressing prices, but they are creating bargains for investors, analysts said.

The List: Construction Equipment Dealerships: Nov. 20, 2009; By Ulf Buchholz, Marcia Mohr

NVCI director tabbed for Murren Chair: Nov. 20, 2009; In Business Las Vegas; John Ruckdeschel, CEO and director of the Nevada Cancer Institute, is the recipient of the newly created Murren Family Distinguished Director’s Chair.

Visitation figures finally up, but Las Vegas can’t start partying yet: Nov. 20, 2009; By Richard N. Velotta; It has been awhile since Southern Nevada tourism leaders had anything to cheer about after months of visitor volume declines.

Mediation is reducing foreclosures: Nov. 20, 2009; By Brian Wargo; Nevada’s new foreclosure mediation program is paying dividends already.

Health costs burden business: Nov. 20, 2009; By Nicole Lucht; When Michael MacQuarrie lost his home-inspection job with a builder, he lost his health insurance, and after his COBRA coverage ran out he sought insurance on the open market. Because of his medical history, he was denied.

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Golf Classic (Tue., 8:30 a.m.)
Health & Fitness Affair (Tue., 6 p.m.)
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Entrepreneur Awards
Nov. 3, 2009
Best Places to Work (IBLV)
Oct. 28, 2009
Sir Awards (IBLV)
Oct. 22, 2009
Diversity in Action
Sep. 23, 2009
Angel Awards @ Hard Rock
Jun. 25, 2009

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In Business TV

Nov. 13 The nation's economic recovery skips Nevada. Plus, a local strip club puts the brakes on its controversial stripper mobile. And, is JP Morgan Chase reneging ... Watch »

Nov. 6 Home buyers and job seekers get a helping hand from Washington. Plus, dozens of loan modification companies operating in the state have been told to ... Watch »

Oct. 30 The state's budget woes worsen as sales tax receipts plummet. Plus, the nation's foreclosure hot spots are shifting. And, In Business looks at an effort ... Watch »

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Society Calendar

Sun, Nov 22"The Madwoman of Chaillot" a play by Jean Giraudoux: at College of Southern Nevada Cheyenne Campus, 2 p.m. ($10 - $12)
Sun, Nov 22The Magical Forest: at Opportunity Village , 5:30 p.m. ($7.75 - $9.75)
Mon, Nov 23Holiday Toy Drive - sponsored by AFAN: AFAN Offices, 701 Shadow Lane, suite 170, LV 89106 (near UMC & Valley Hospitals), 9 a.m.
Mon, Nov 23Salvation Army's ANGEL Tree @ Richard Harris Law Firm: Richard Harris Law Firm - 801 South 4th Street, LV 89101, 9 a.m.
Thu, Nov 26Food Drive / Free Performance @ Bonkerz Comedy Club: at Bonkerz Comedy Club, 8 p.m.

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