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Las Vegas to get $55 million in tax credits to encourage investment in low-income areas

The U.S. Treasury Department’s New Markets Tax Credits program encourages investment in traditionally underserved communities by providing developers with a tax credit when they invest in low-income communities. Las Vegas Mayor Carolyn Goodman called the tax credits “the energizer we have been waiting for.”

Donald Trump agrees to pay $25M to settle Trump University lawsuits

President-elect Donald Trump agreed Friday to pay $25 million to settle lawsuits against his now-defunct Trump University for real estate investors, averting a trial in a potentially embarrassing case that he had vowed during the campaign to keep fighting.

Sen. Dean Heller urges Obama against last-minute monument designation for Gold Butte

In a letter Thursday, U.S. Sen. Dean Heller called on the president to “abandon any plans to unilaterally designate” new national monuments in the Gold Butte area of northeastern Clark County and in the Owyhee Canyonlands of southeastern Oregon, near the Nevada border.

RTC looks to $1.9M study for Southern Nevada high-capacity transit options

A $1.9 million contract was awarded to a team of transit experts who will develop a “high capacity transit plan” aimed at relieving congestion in Southern Nevada, including a light rail route that could connect McCarran International Airport, the Strip and downtown Las Vegas.

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Trump picks Sessions for attorney general post; Pompeo to head CIA

President-elect Donald Trump is moving ahead with filling key posts in his administration, picking Alabama Sen. Jeff Sessions for the job of attorney general and Rep. Mike Pompeo as head of the CIA.

Floyd Mayweather among unusual visitors to meet with Donald Trump

On his eighth day as the president-elect, Donald Trump met with New England Patriots owner Robert Kraft, flashed a thumbs-up in a photo with boxer Floyd Mayweather Jr. and got some foreign policy advice from pro skateboarder Billy Rohan, who says the United States could bring about peace by building skate parks around the world.

Businesses advised to adopt wait-and-see approach in wake of election

Businesses should take a wait-and-see approach to prepare for potential changes to federal policies, but investors have a few signals in deciding which direction they want to go, the chair of Nevada State Bank’s investment committee told business owners and others on Thursday in Las Vegas.

Most of new CCSD associate superintendents come from similar posts

Eleven of the 16 new associate superintendents for the Clark County School District are currently assistant chief student achievement officers, a similar position that the district is eliminating as it moves forward in its massive mandated reorganization.

Ohio congressman challenging Pelosi for House leadership

House Democratic leader Nancy Pelosi is facing a challenge from one of her caucus’ frustrated younger members as the party faces another two years in the minority.