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Investors are buying Las Vegas homes again

The valley has seen one of the largest upticks in investor purchases in the U.S., according to a new report.

Dear Penny: Do I really have to tip 20% at a buffet?!

To answer this common question, we have to shift the way we understand tipping. The reason we tip is not to offer a thank-you or a reward to service workers for an outstanding or even sufficient job.

THE LATEST
INSIDE BUSINESS

Casino company taps three vice presidents

Housing market forces project shift

KINGMAN, Ariz. — The prolonged housing slump has prompted a change in the development strategy of a Las Vegas couple working to establish a master-planned community in northwest Arizona.

IN BRIEF

DETROIT

Elad Group settles lawsuit over unpaid broker fees

The owners of the New Frontier site on Wednesday settled a multimillion-dollar lawsuit involving the property’s sale just a day before they went to court for a trademark dispute over the company’s proposed name for a new resort on the property.

IGT wins; battle begins

A federal judge has ruled in favor of International Game Technology in a patent infringement dispute with rival gambling equipment maker Bally Technologies.

INSIDE BUSINESS

New 7-Eleven opens on Blue Diamond Road

Broker price opinions get look

A Nevada Real Estate Commission task force crafted new language Wednesday for proposed regulations on broker price opinions, a method used by real estate agents to give buyers and sellers an estimate on the price of a home.

RAISED FROM THE DEAD

In redeveloping The Mirage’s volcano, designers quickly realized they needed more than just some high-tech pyrotechnic enhancements to return the 20-year-old Strip-front mountain to its landmark status.