Business News

Keeping It Local: The Chocolate Shoppe

Updated: 8:26 AM - When you walk through the door of the Chocolate Shoppe, you instantly know you've entered a place where life is a little sweeter.
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Nevada Casino Regulators Scold Caesars For Bankruptcy

Posted: 03/26/2015 - Nevada gambling regulators are calling the bankruptcy of Caesars Entertainment Corp.'s debt-heavy subsidiary an embarrassment and lamenting the company's inability to pay 63 former executives some $33 million in promised pension payments.

UNR Students Developing New Drone Technology

Posted: 03/25/2015 - Technology to make drone flights safer. With an ambitious goal of having their product on the market by June 2015 Nevada Dynamics will be looking to hire more employees soon.
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Economic News

  • Fed's Yellen Pitches Cautious Tack on Rate Increases
    Federal Reserve Chairwoman Janet Yellen laid out a case for a “gradualist approach” to interest-rate increases in the years ahead, spelling out in greater detail than she has before the risks of moving too aggressively to tighten U.S. credit.
  • Economic Growth, Corporate Profits Slowed as 2014 Ended
    The U.S. economy slowed in the final months of 2014 and corporate profits fell, putting the growth trajectory on a lower path ahead of an apparent slowdown early this year.
  • March Consumer-Sentiment Index Slips
    U.S. consumer optimism slipped in March as a slight bump in gasoline prices and bad weather weighed on lower-income households.
  • White House Stays Course on Homeownership Push
    Officials at the White House and U.S. Department of Housing and Urban Development are close to tapping Edward Golding, a senior adviser at HUD, to lead the Federal Housing Administration.
  • India's Jaitley Asks for Patience
    Indian Finance Minister Arun Jaitley has a simple message for critics pushing for deeper change in the economic policies of the world’s largest democracy: It’s coming, be patient.
  • U.S. Jobless Claims Fall
    The number of Americans seeking first-time unemployment benefits fell last week, the latest sign of an improving labor market.
  • Dynamic Scoring: A Potential Super Model
    Capital Account: Chief economics commentator Greg Ip says estimating the costs of policy using dynamic scoring shouldn’t be feared if the estimates and assumptions are transparent and rigorous.
  • Durable-Goods Orders Fall, Raising Worries Over GDP Growth
    Businesses cut orders on big-ticket items and continued to postpone investment last month, further evidence of the economy slowing sharply at the start of the year.
  • Wabash Shows Another Side of the Economic Divide
    Employment in the small Rust Belt city fell nearly 15% during the recession and remains off by 10%. The situation could be worse were it not for local leaders who saw that the Indiana community’s survival depended on it being more like cities that are drawing residents away.
  • Inflation, New-Home Sales Look Solid
    A pickup in consumer prices and higher demand for new homes point to a firming in two areas of recent concern for the economy, potentially reassuring the Federal Reserve as it considers raising interest rates later this year.

US Business News

  • Fears Push Car Makers Deep Into Silicon Valley
    Silicon Valley is becoming the nexus of an emerging car industry that has giants like Mercedes-Benz, Ford and others racing to tap the region’s know-how.
  • Tycoon Li's Horizons Ventures Bets on Tech Startups
    Li Ka-shing’s venture-capital fund, run by his longtime companion Solina Chau, is accelerating investments from Israel to Silicon Valley.
  • Motorola Has a Hit---in Brazil
    The Moto G has become the best-selling smartphone in Brazil, helping Motorola double its market share to 18% of unit shipments. The Moto G’s runaway popularity indicates the extent to which lower-priced, midtier cellphones will be increasingly important for vendors globally.
  • Silicon Valley Venture Firm Prevails in Sex-Bias Suit
    A jury said prominent venture-capital firm Kleiner Perkins Caufield & Byers didn’t sexually discriminate or retaliate against a former female partner, in a closely watched case that raised questions about the treatment of women in Silicon Valley.
  • Intel in Talks to Buy Chip Maker Altera
    Intel is in advanced talks to buy Altera—a maker of programmable semiconductors used in phone networks and cars—in a deal that would be the computer chip-making giant’s largest takeover ever.
  • How Wall Street Helps Tech Workers Cash In
    Financial firms are creating a murky, ad hoc market where the red-hot stocks of closely held technology companies trade largely out of sight of regulators, other investors and the companies themselves.
  • Dow to Merge Chlorine Business With Olin
    Dow Chemical said it would split off a significant portion of its chlorine business and merge it with Olin in a deal valued at $5 billion. The deal’s value of $5 billion includes $2 billion in cash.
  • Yahoo, Microsoft Extend Search-Deal Talks
    Yahoo and Microsoft agreed to push back the deadline for renewing their Web search alliance another month, as the two sides hash out whether and how to revise an alliance that has sparked friction.
  • Microsoft Acquires Collaboration Startup LiveLoop
    Microsoft has acquired LiveLoop, a San Francisco startup that developed a service to let people collaborate on PowerPoint documents.
  • Regulators Have Hands Full With Tesla's Hands-Free Driving
    Tesla has provided auto executives and regulators a better view into the nascent electric vehicle market, but now it is in focus for another reason: autonomous vehicles.
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