Investors are jumping back into the real estate market and reaping big payoffs in distressed properties, home rentals and multi-apartment dwellings.» Read More
CARSON CITY, Nev.-- Nevada is turning to its own state government experts to provide technical support and oversight to its beleaguered health exchange.
CARSON CITY, Nev.-- Nevada's chief economist says the state gained 60,700 private sector jobs over the last three years. The assessment released Thursday by Chief Economist Bill Anderson says the figures exceeded previous job growth expectations and signals Nevada's economy continues its climb out of recession.
RENO, Nev.-- Tickets to the Burning Man festival in the Nevada desert are just as hot as ever. Burning Man spokeswoman Megan Miller tells the Reno Gazette-Journal everything went smoothly with their new online ticketing partner, Ticketfly, where tickets sold for $380. Information from: Reno Gazette-Journal, http://www.rgj.com.
By 2018, the median price of single-family homes will be close to the peak reached in 2006 before the national market cratered, according to the study from the Demand Institute, a nonprofit think tank operated by The Conference Board and Nielsen.
TOKYO/ MACAU, Feb 26- Billionaire Sheldon Adelson is willing to bet $10 billion that his Las Vegas Sands will become the leader in casino gambling in Japan, an offer he says his competitors can't match.
TORONTO, Feb 25- Many of the small Canadian-listed mineral explorers that supply global major miners with new projects are considering merging with peers, according to a Reuters survey, but for most it may be tough to close deals.
BOSTON, Feb 20- Herbalife executives will meet with U.S. lawmakers' staffs in Washington on Friday to explain the business model of the nutrition company that has been fending off accusations by billionaire investor William Ackman that it is running a pyramid scheme.
NEW YORK, Feb 20- A man who served prison time for conning Hollywood stars and reputedly inspired Leonardo DiCaprio's performance in "The Wolf of Wall Street" was in federal court on Thursday facing charges that he used a friend's credit card to buy liquor, a plane ticket and food, according to court filings.
NEW YORK, Feb 20- A man who served prison time for conning Hollywood stars and reputedly inspired Leonardo DiCaprio's performance in "The Wolf of Wall Street" was in federal court on Thursday facing charges that he used someone else's credit card to buy liquor, a plane ticket and food, according to court filings.
The National Association of Home Builders said on Tuesday that builder confidence dropped 10 points between January and February, from 56 to 46, the largest drop since the survey began in 1985. Readings below 50 mean more builders view market conditions as poor than favorable.
Feb 18- Robocoin said on Tuesday that later this month it will install the first automated teller machines in the United States that let users buy and sell bitcoin, the latest step into the mainstream for the digital currency.
The letter was prompted by a Wall Street Journal investigation into a night-time sniper attack in April 2013 on the Metcalf substation in southern California which threatened to blackout power to thousands of homes.
Feb 14- Wells Fargo& Co, the largest U.S. mortgage lender, is tiptoeing back into subprime home loans again. The small steps from Wells Fargo could amount to a big change for the mortgage market.
IVANPAH DRY LAKE, Calif./ LOS ANGELES, Feb 13- One of the world's largest solar projects, which uses heat from the sun to generate power in California, opened on Thursday but may be the last of its kind in The Golden State.
TORONTO, Feb 13- Barrick Gold Corp, the world's largest gold miner, reported a big fourth-quarter loss on Thursday as it took a hefty impairment charge, cut its gold reserve estimate by 26 percent and said costs per ounce would likely rise this year. Dundee Capital Markets analyst Josh Wolfson said Barrick's shares have underperformed so far this year.
Toronto- based Barrick forecast its all-in sustaining costs- a measure meant to capture the effective day-to-day cost of producing an ounce of gold- would be between $920 and $980 per ounce in 2014, up from $915 in 2013..
Feb 12- Shares of Talmer Bancorp Inc, backed by billionaire investor Wilbur Ross, rose as much as 7 percent in their market debut, valuing the U.S. bank holding company at about $971 million. Talmer's initial public offering raised about $203 million after its Class A shares were priced at $13 per share, near the lower end of its $12.50- $14.50 expected range.
Feb 12- Shares of Talmer Bancorp Inc, backed by billionaire investor Wilbur Ross, rose as much as 7 percent in their U.S. market debut, valuing the company at about $971 million. Talmer's initial public offering raised about $203 million after its Class A shares were priced at $13 per share, near the lower end of its $12.50- $14.50 expected pricing range.
Thanks to a longstanding legal exemption that Fed officials say limits their regulatory capacity, Morgan Stanley and Goldman Sachs may yet emerge from the regulatory upheaval that is upending banks' commodities trading better-off than their peers, who face potentially tougher new rules.
*Inland Diversified to get between 1.650 -1.707 Kite Realty shares. *Kite Realty to sell Inland's multi-family assets. Feb 10- Kite Realty Group Trust said it would buy Inland Diversified Real Estate Trust Inc for $1.2 billion in stock to boost its shopping center portfolio and help it enter new markets in the United States.