Working + The Economy
Clark County learns lessons from first spin in decades around Las Vegas Grand Prix track
The Las Vegas Grand Prix generated close to $1.5 billion in overall economic impacts, but not without significant costs to residents and government workers, according to a debriefing presented Tuesday to the Clark County Commission. The county estimated visitor spending on the Formula 1 event in late November amounted to $884 million. The average Grand […]
Patagonia retail workers in Reno vote to form company’s first union in U.S.
Patagonia retail workers in Reno voted to unionize. The Reno Patagonia outlet store, located at 130 S Center St., is the first of the outdoor retailer’s U.S. stores to vote for union representation. Nine of 15 eligible workers voted to join United Food and Commercial Workers (UFCW) Local 711, according to the National Labor Relations […]
IRS launches its new free tax filing program
The U.S. Department of the Treasury and the Internal Revenue Service launched its new, free tax filing program in Nevada and 12 other states Tuesday. Nearly 20 million people qualify for the Direct File program including 480,000 Nevadans, according to the Treasury Department release. In Nevada and the dozen other states participating in the Direct File […]
Immigrant, business advocates frustrated by Biden’s humanitarian parole for new arrivals
WASHINGTON — Immigration advocates and business leaders on Friday urged President Joe Biden to use his executive authority to extend work visas to long-term undocumented people and immigrant spouses of U.S. citizens, following his State of the Union address Thursday night that centered on the economy and immigration reform. In a Friday press call organized […]
F1 exec Fretwell ‘odd choice’ to chair Vegas Chamber, say some business owners
When Las Vegas Grand Prix chief operating officer Betsy Fretwell took the reins this week of the Vegas Chamber Board of Trustees, she pledged to work to maximize the economic impact of big sporting events for small businesses, according to news reports. But business owners who blame the race for a months-long disruption to their […]
Businesses bailing on NV because of new paid leave law, economic development officials claim
A new paid family medical leave requirement for companies receiving tax breaks from the state continues to receive pushback from economic development officials, who say the policy is hindering their efforts to relocate and expand business in Nevada. In order to qualify for tax abatements through Nevada Governor’s Office for Economic Development, companies with more […]
Super Bowl schmooze: $2M CEO courting experiment a success, LVGEA tells lawmakers
Up to nine of the 16 out-of-state companies whose CEOs were wined and dined during Super Bowl Week will relocate to Southern Nevada, the head of the Las Vegas Global Economic Alliance predicts. LVGEA in the lead up to Super Bowl LVIII at Allegiant Stadium earlier this month launched a new initiative, branded as the […]
NV Energy proposes monthly service charge jump of $28 in Northern Nevada
The basic service charge of $16.50 paid monthly by NV Energy customers in Northern Nevada could increase to $44.40 if the utility has its way. The utility says the move is a means of reducing a $7.8 million subsidy paid by ratepayers who buy electricity from the utility, to the benefit of solar rooftop customers, […]
Electricity, natural gas bills expected to fall in April
An extended economic hangover caused by high electric and natural gas bills for Nevada ratepayers will begin to subside in April, as the exorbitant cost of natural gas in 2022 and early 2023, coupled with higher usage resulting from frigid temperatures that winter, fall off the 12-month rolling average used by NV Energy and Southwest […]
FTC, Nevada file lawsuit to block merger between grocery giants Kroger, Albertsons
Attorney General Aaron Ford on Monday announced that Nevada has signed onto a Federal Trade Commission lawsuit to block the proposed merger of Kroger and Albertsons, arguing the $24.6 billion deal is anticompetitive. “Nevadans made their concerns known regarding this merger, and we listened,” said Ford in a statement, referring to a series of public […]
Consumer groups call on NV to keep rule that led to $20M in auto insurance refunds
The Nevada Department of Insurance returned $20 million to more than 160,000 drivers in the state whose premiums were increased during the pandemic because of a low or declining credit score. The average return was $127. But during a state insurance advisory group meeting this week, consumer groups warned that many Nevadans, even those with […]
Complaint over ‘excessive discipline’ of people of color marks start to SEIU-Clark contract talks
As SEIU Local 1107 begins contract negotiations this week for its 7,000 county employees, the union has said Clark County has withheld “vital documents” to aid in bargaining, including information on the number of people of color who have been disciplined. President Michelle Maese, the president of the union, asked the county on Oct. 13 […]