Business News

Keeping It Local: The Chocolate Shoppe

Updated: 03/27/2015 - 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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More Business News

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.
  • Dufry Nears World Duty Free Deal
    Swiss airport retailer Dufry said it has agreed to buy Italy’s World Duty Free in a deal that values the latter at about $3.9 billion, including debt.
  • ChemChina Won't Rule Out Pumping Up Pirelli Offer
    The Chinese chemical company behind a bid to buy tire maker Pirelli—in a potential $7.7 billion deal—won’t rule out an improved offer, even as it suggested it had limited financial firepower to offer more.
  • Best Buy to Shutter Canadian Future Shop Chain
    Best Buy Co. said it would shutter its Canadian chain Future Shop to focus attention on its namesake brand, a move that will cut about 1,500 jobs across the country.
  • Chairman of Dubai's Drydocks World Resigns
    The chairman of Dubai’s shipyard arm Drydocks World has stepped down and has been replaced by an official from the emirate’s department of finance.
  • 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 market where the red-hot stocks of closely held technology companies trade largely out of sight of regulators, other investors and the companies themselves.
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