By Devin Banerjee and James Callan, Bloomberg Caesars Entertainment Corp., the largest owner of U.S. casinos, said it’s creating a venture that will raise as much as $1.2 billion to finance growth investments and bolster the parent company’s balance sheet. The venture, Caesars Growth Partners LLC, intends to buy a stake in Planet Hollywood Resort […]
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By Kathryn Reed Politics vs. policy. Silver State vs. Golden State. Environment vs. economics. Control vs. compromise. Locals vs. outsiders. Pick a battle. Pick a side. That’s what lawmakers in Sacramento and Carson City are doing. The prize – control of Lake Tahoe. The winners – hard to say. The losers – likely the people […]
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By Jen Gurecki NAIROBI, Kenya – “This is the most dangerous thing you’ll do all day,” I said to the group as we crossed the road. No lions or machine guns, just cars, motorbikes and matatus. The traffic lights function, but most people are color blind to the red, green and yellow. Crosswalks should be […]
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By Anjeanette Damon, Las Vegas Sun CARSON CITY — Following more than an hour of riveting and personal floor speeches — during which one state senator publicly announced for the first time he is gay — the Nevada Senate voted 12-9 to begin the process of repealing the gay marriage ban from the state Constitution. […]
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By Kathryn Reed PLACERVILLE – Like all farmers, grape growers have a precarious relationship with Mother Nature. “In 2011 we never picked the Merlot. If the birds won’t eat it, you can’t make wine,” Vaughn Jodar of Jodar Vineyards in Placerville told Lake Tahoe News. “2012 was beautiful. People are thrilled with the wines out […]
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By Mark Harden, Denver Business Journal With a boost from ample late-season snow, Vail Resorts said today that skier visits at its seven mountain resorts in Lake Tahoe and Colorado rose 5.5 percent for the 2012-13 ski season through April 14 over its results the previous season. That marked a distinct improvement from the company’s […]
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By Jia Lynn Yang, Washington Post The days of tax-free online shopping could finally be numbered. The Senate is planning to vote on a bill as soon as this week that would give states the authority to collect sales taxes on all Internet purchases, handing local governments as much as $11 billion per year in […]
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Publisher’s note: This is one of a few stories about construction planned for the Lake Tahoe Basin this summer. By Kathryn Reed El Dorado County planners are busy plotting what will be happening in the basin for the next few years. And while improvements to roads and bike trails could happen this year, 2014 will […]
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By Naureen S. Malik and Lynn Doan, Bloomberg California may face the biggest regional power shortages in more than a decade this summer, sending wholesale prices higher, as idled nuclear reactors and low hydroelectric output cut generating capacity. The California Independent System Operator Corp. said last month that managing the state grid, especially in parts […]
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By Kathryn Reed While a definite solution has not been decided upon, most of the talk at last week’s South Tahoe Public Utility District meeting centered on having an intertie be the solution to the water issue for the T.J. Maxx building. That building at the Y is owned by the Garfinkles and is serviced […]
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