Las Vegas Sun

February 11, 2016

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Business and Economy

Solar supporters rally in front of the Public Utilities Commission offices Wednesday, Jan 13, 2016.
PUC signals it will stand firm against solar industry on rates
Feb. 10, 2016
The state’s utility commission, scheduled to issue a highly anticipated order on rooftop solar rates on Friday, filed a draft ruling late Wednesday that suggested it would ...
A high-end home is shown in the northwest part of the valley Dec. 9, 2015. The vacant home, now listed for sale, was be used by squatters police and neighbors say.
Las Vegas’ sizable inventory of vacant homes continues to shrink
Feb. 10, 2016
Las Vegas’ inventory of vacant homes is shrinking but remains above the national average. Some 2.1 percent of Clark County homes — or 13,364 properties — are empty, compared to ...
MGM Resorts’ outsourcing of 300 part-time jobs on Strip starts Friday
Feb. 10, 2016
MGM Resorts International is outsourcing some 300 part-time jobs at its three arenas and event centers on the Strip starting Friday. The casino company is bringing in four companies to oversee certain “on-call positions” at the …
Cox finishing project to give Henderson businesses faster Internet
Feb. 10, 2016
Cox Communications expects to complete construction this month on a project to provide Henderson businesses with Internet speeds of 10 gigabits per second or greater — speeds that make it possible to ...
Vivint Solar employees install solar panels on a home. The company operates in 10 states.
Report: Nevada’s growing solar industry facing big slowdown
Feb. 10, 2016
Despite emerging regulatory uncertainty, the solar industry in Nevada employed more workers last year than all states except Massachusetts and California ...
A house is shown for sale Tuesday, Feb. 9, 2016, in Las Vegas. A real estate sales report from January suggests that the housing market in Las Vegas will maintain a steady course this year.
Report suggests Las Vegas housing market will hold course in ’16
Feb. 10, 2016
If January was any indicator, Las Vegas’ housing market should experience more of the same in 2016 compared to recent years: higher prices, fewer purchases and over-reaching sellers. Used-home buyers continued paying bigger price tags in January, and even though sales volume rose from a year ago, it remained well below recent years’ first-month totals. Meanwhile, homeowners kept putting more ...
Solar supporters hold signs during a rally in front of Public Utilities Commission offices Wednesday, Jan 13, 2016.
The war over solar: As major ruling looms in Nevada, here are key factors
Feb. 10, 2016
As many as 1,000 people are expected to be on hand Friday, when the Public Utilities Commission is expected to rule on appeals of a controversial decision on solar energy. With the decision date approaching, here are some of the key factors that will ...
An new oil well is drilled near new apartments in Midland, Texas, Jan. 29, 2016. There are now virtually no wells in the United States profitable to drill. That has forced some companies into a fatal spiral, producing oil simply to satiate their lenders.
As oil prices plummet, mounting debt catches up with U.S. producers
Feb. 10, 2016
While crude prices have dropped more than 70 percent over the last 20 months, a reckoning in the nation’s vast oil industry has only just begun. Until recently, companies were able to ride out the slump using ...
Elon Musk, CEO of Tesla Motors Inc., unveils the company’s newest products, Powerwall and Powerpack in Hawthorne, Calif., Thursday, April 30, 2015. Musk is trying to steer his electric car company's battery technology into homes and businesses as part of an elaborate plan to reshape the power grid with millions of small power plants made of solar panels on roofs and batteries in garages.
Tesla urges Nevada regulators to nix rate hike for solar customers
Feb. 9, 2016
An executive for Tesla Motors is calling on the Public Utilities Commission of Nevada to reconsider a decision that increased the fixed service fee solar customers pay NV Energy ...
Vivint Solar employees install solar panels on a home. The company operates in 10 states.
Governor directs task force to work on rooftop solar policy
Feb. 9, 2016
Gov. Brian Sandoval is asking an energy task force to take up hot-button issues including rooftop solar rate-setting and the Clean Power Plan. The governor's chief ...
Shoppers make their way along walkways Thursday, Oct. 9, 2014, during the grand opening of Downtown Summerlin.
Clothing retailer H&M coming to Downtown Summerlin
Feb. 9, 2016
Clothing chain H&M has announced plans to open a store at Downtown Summerlin, the Swedish retailer’s latest expansion in Nevada, where it already operates five locations. H&M, known for selling trendy apparel at low prices, said today it’s opening a roughly 20,000-square-foot store this spring at the open-air Summerlin mall at Sahara Avenue and the 215 Beltway. It did not give a more precise ...
Bryon Stephens, president and COO of Marco’s Pizza, stands in Marco’s Pizza at 3400 S. Hualapai Way on Thursday, Feb. 4, 2016. Stephens recently appeared on CBS’ “Undercover Boss.” The franchise has nearly 700 locations in 35 states and plans to open eight more in the Las Vegas Valley, Stephens said.
For Marco’s Pizza operating chief, ‘Undercover Boss’ appearance was eye-opener
Feb. 9, 2016
When he was featured on the CBS reality-TV series “Undercover Boss,” Bryon Stephens got a close look at some of the shortcomings of his business. Now Stephens, the president and chief operating officer of Marco’s Pizza, is out to incorporate his findings into plans to ...
NLV aiming to entice businesses to industrial park south of Apex
Feb. 9, 2016
Apex Industrial Park will be the home of electric carmaker Faraday Future, but it's not North Las Vegas' only development hope. Several miles south of Apex lie 1,100 acres ...
SolarCity workers practice installing solar panels at the company's new facility in Las Vegas.
Nevada solar customers sue SolarCity over marketing
Feb. 8, 2016
A Northern Nevada couple is suing SolarCity, alleging that the national rooftop solar installer omitted and failed to disclose information about future rates before it ...
An exterior view of the Mirage Thursday, Feb. 26, 2015.
MGM Resorts announces board members for real estate investment trust
Feb. 8, 2016
MGM Resorts International today revealed the names of seven people who will sit on the board of its planned real estate investment trust. The board of the trust, commonly known as a REIT, will be ...

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