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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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

  • U.S. Coding Website GitHub Hit With Cyberattack
    A popular U.S. coding website is enduring an onslaught of Internet traffic meant for China’s most popular search engine, in an episode that security experts say represents a likely attempt by China to shut down anticensorship tools.
  • Tobacco Companies to Meet with FTC Ahead of Merger Decision
    Reynolds American and Lorillard are expected to meet this week with members of Federal Trade Commission ahead of a final decision by the agency on whether to allow the companies to merge, according to people familiar with the matter.
  • Greece Gives Details on Port Sale
    Greece has told creditors it expects to raise at least $545 million from the privatization of the Piraeus port, according to Greek officials.
  • Holcim Shareholder Opposes Lafarge Deal
    Eurocement Holding, the second-largest shareholder in cement company Holcim, plans to vote against the Swiss company’s union with Lafarge unless the financial terms of the deal are altered, according to a person familiar with situation.
  • Aabar, Arabtec Consider More Investments in Egypt
    Abu Dhabi investment firm Aabar and U.A.E. construction company Arabtec are looking to step up their investments in Egypt, the chairman of both entities said, underscoring the deepening ties between the two countries.
  • Airport Retailer Dufry Agrees To Buy World Duty Free
    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.
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