Business News

US Judge Refuses to Halt Fracking in Nevada

Posted: 09/27/2014 - A federal judge has refused to block the release of oil and gas leases in Nevada that critics say will be used for hydraulic fracturing that could harm sage grouse and cause more environmental damage than the Bureau of Land Management admits.

Man Who Raised $55K For Potato Salad Throws Party

Posted: 09/27/2014 - An Ohio man who raised $55,000 in a joking crowdfunding appeal to pay for his first attempt at making potato salad has thrown a huge public party that promised "peace, love and potato salad."

Nevada Employee Insurance Program Got Bad Rap

Posted: 09/26/2014 - The Pew Charitable Trusts has revised a report on state employee health insurance benefits to show Nevada's program is better than originally stated and generally in line with national averages.

Pink Scolari's in South Reno Closing

Updated: 09/23/2014 - Scolari’s Food & Drug Company has announced the closure of its store, widely known as the pink Scolari's, at 8165 South Virginia Street in Reno. The closing will be effective October 31, 2014.
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Nevada Changes Urged to Promote Electric Cars

Posted: 09/22/2014 - A nonprofit group promoting energy efficiency is recommending a number of ways Nevada can do more to promote the use of electric cars in the wake of Tesla Motors' plans to build a $5 billion battery factory in the state.

$70M Grant For Biofuels Plant Planned East of Reno

Updated: 09/21/2014 - A California-based biofuel company building a plant east of Reno has been awarded a $70 million grant from the U.S. Department of Defense to help speed delivery of its high-tech process that converts household garbage into jet fuel.

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US Business News

  • EBay to Spin Off PayPal Business
    Coming competition in paying for everyday purchases with smartphones, including an aggressive entry from Apple, pushed online retailer eBay to reverse course and set free its PayPal unit.
  • Doctors Net Billions From Drug Firms
    Drug and medical-device companies paid at least $3.5 billion to U.S. physicians and teaching hospitals during the final five months of last year.
  • 'Made in USA' Spurs Lawsuits
    Chinese nets and bolts ensnare Lifetime Products' basketball hoops in litigation over whether they qualify for "Made in USA" labeling.
  • U.K. Regulator Investigates Tesco
    The U.K. Financial Conduct Authority has notified Tesco that it has launched a full investigation into the U.K.-based supermarket's recent overstatement of expected profit for the half year.
  • EU Says Apple, Fiat Tax Deals Broke Rules
    European Union regulators said they believe that tax deals granted to Apple in Ireland and Fiat in Luxembourg constitute illegal state support for the companies.
  • Adidas Plans Shareholder Return
    German sportswear giant Adidas is launching a shareholder return program in an effort to assuage disgruntled shareholders following a profit warning and dissatisfaction with the company's turnaround efforts in recent months.
  • Microsoft Offers Windows 10 Peek
    Microsoft Corp. wants to give back to customers the Windows they loved. The company on Tuesday offered the first public peek at the next version of its flagship operating system.
  • FCC Makes Pitch for TV Stations' Spectrum
    The Federal Communications Commission is adopting a hard-sell strategy for next year's spectrum incentive auction in an effort to entice reluctant broadcasters to participate.
  • Crude-by-Rail Proposals Spur Opposition
    Oil companies and railroads have united to fight some proposed federal rules on oil-train safety after a year of pointing fingers at each other over explosive accidents.
  • Bangkok Airways Prepares IPO
    Thai full-service carrier Bangkok Airways plans to start testing investors' appetite for a $500 million initial public offering, which would be the country's biggest share sale so far this year.
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