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Archive for March, 2006
Thursday, March 9, 2006 Labor is the big issue By Ian Mylchreest Construction experts predicted that labor issues would be the top issue for the industry, reports the Reno Gazette-Journal. At a meeting up north, the Associated General Contractors Economist Ken Simonson told the AGC Outlook, “(Nevada) is on the leading edge of trying to get new employees and keeping them.”
And the downside is that labor shortages [...]
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Wednesday, March 8, 2006 Say it ain’t so! By Ian Mylchreest As the college basketball season is about to wash over us, we have some disheartening news about the probity of the game. Forensic economist Justin Wolfers claims to have evidence that college games with a big spread are fixed, reports the New York Times.
The economist has crunched the numbers for every game in the last [...]
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Wednesday, March 8, 2006 Two financial institutions enjoy a good day By Ian Mylchreest Times are good for two of the country’s premier financial institutions. Former Fed chair Alan Greenspan got an $8 million payday for his memoirs, reports the New York Times. And shares in the Big Board soared 19 percent on the Big Board on their first day.
Greenspan’s deal is the second biggest book deal ever, bested [...]
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Wednesday, March 8, 2006 L.A. Times does the Sun/R-J deal By Steve Sebelius A few quick thoughts on the Los Angeles Times’ story on the new arrangement between the Las Vegas Sun and the Review-Journal, which was published today. (If you haven’t already read it, you’re clearly not a member of the local media. You can read it out here if you’re so inclined.
• “Some observers,” writes [...]
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Tuesday, March 7, 2006 Sneak preview By Ian Mylchreest Red Rock Casino opened its doors to the gaming reporters from the Review-Journal and the Las Vegas Sun yesterday and both report the place is as beautiful and exciting as the Fertitta brothers wanted it to be.
Both reports point out the wonderful chandeliers, the three story rotunda and the luxurious bingo facilities. And the [...]
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Tuesday, March 7, 2006 Kohl’s sells off credit card arm By Ian Mylchreest Wisconsin-based Kohl’s is selling its credit card business to J.P. Morgan Chase for $1.5 billion reports, Bloomberg. And it plans to use the money and then some to buy back $2 billion worth of stock.
The deal will almost double profit this year. It will also help the company press ahead with plans to open 85 [...]
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Tuesday, March 7, 2006 Local phone company could be in play By Ian Mylchreest The fallout of the AT&T buyout of BellSouth may come home to Southern Nevada. Ma Bell’s biggest rival Verizon will be on the hunt for acquisitions, reports the New York Post. Among the candidates are Alltel, Qwest and Embarq Corp., the land line phone company that Sprint is spinning off.
The spin-off has been put in [...]
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Tuesday, March 7, 2006 Palestinians blowing it once again By Len Butcher Leave it to the Palestinians, or at least the Palestinian leadership, to blow any opportunity of getting their own state, or more importantly, bettering the lives of the people. Hamas, as we know, scored a stunning upset in the recent Palestinian elections and the reason for its victory was that the majority of Palestinians felt [...]
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Monday, March 6, 2006 Unions, Titus and more By Steve Sebelius On paper, the Culinary Union Local 226 would be a perfect fit with the gubernatorial candidacy of state Sen. Dina Titus. She’s a huge labor supporter, she’s lining up labor endorsements and she’s sympathetic to most every issue the Culinary cares about.
Then again, on paper, former state Sen. Joe Neal was a perfect fit [...]
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Monday, March 6, 2006 Hollywood’s stars should lighten up By Len Butcher Watched the Academy Awards last night, as I usually do each year, and yes, it was about as boring as every other year, with a few high spots that make it worth watching. I pretty much agreed with the choices for winners, even though some of my favorites didn’t win. I would like to have [...]
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