AUGUST 25 Issue - Vegas Business Digest Recap
AUGUST 25 2023 / ISSUE NO. 86 / ARCHIVE
This Week's Top Stories
U.S. Senate Subcommittee on Tourism, Trade, and Export Promotion Field Hearing in Las Vegas
Today, U.S. Senator Jacky Rosen (D-NV), chair of the Senate Commerce Subcommittee on Tourism, Trade and Export Promotion, led a field hearing that examined ways to attract large sporting and entertainment events to the U.S., with a focus on Las Vegas’ experience, and the impacts that sporting and live entertainment events have on the local economy.
Witnesses for the hearing included CEO and President of MGM Resorts International Bill Hornbuckle, CEO and President of the Las Vegas Convention and Visitors Authority Steve Hill, President and CEO of the Vegas Chamber Mary Beth Sewald, and President of the Las Vegas Raiders Sandra Douglass Morgan.
More Detail Coming Soon
Nevada Leisure and Hospitality Recovers; Unemployment Rate Decreases
Carson City, NV - According to the Nevada Department of Employment, Training and Rehabilitation’s (DETR) July 2023 economic report, Nevada’s unemployment rate decreased slightly from June to July, going from 5.4 percent to 5.3 percent for a decrease of 0.1 percentage points. The labor force in the state grew by 3,400 and July marked the 8th consecutive month that the state has seen an increase in the labor force.
Cortez Masto Highlights Support for Local AAPI Small Business Leaders at Roundtable and Ribbon Cutting
U.S. Senator Catherine Cortez Masto met with 16 local AAPI small business owners and community leaders to discuss her efforts to support Las Vegas’ growing AAPI business community and highlight federal resources available to help these businesses grow.
NFL And Las Vegas Super Bowl LVIII Host Committee Announce Official Events & Initiatives
Las Vegas, NV - Yesterday, the NFL and the Las Vegas Super Bowl LVIII Host Committee held a press conference to announce official events and activations for Super Bowl LVIII.
Q&A: Ivan Ferraz, Head of Nevada Commercial Banking at Wells Fargo
Ivan Ferraz is head of commercial banking for Wells Fargo in Nevada. Based in Las Vegas, Ferraz leads a team of bankers in Reno and Las Vegas focused on middle market and large corporate companies, both privately held and publicly traded, across a wide variety of industries. He has 25 years of banking experience, including 19 years with Wells Fargo.
Rosen Urges USDOT to Award $3.75 Billion for High-Speed Rail Between Las Vegas and SoCal
U.S. Senator Jacky Rosen (D-NV) held a press conference to call on the U.S. Department of Transportation (USDOT) to fund Nevada’s application, seeking $3.75 billion in federal funding to construct the Brightline West’s 218-mile high-speed rail project. The project will connect Nevada and Southern California through planned stations in Las Vegas and San Bernardino County, with connectivity into Los Angeles County through Metrolink.
Small Business
Community
- Harris Associates Hosts Back To School Supplies Drive, Donates to R. Guild Gray Elementary School
- Junior Achievement of Southern Nevada Announces New Inspiration Center
- Boyd Law School Receives New Gift To Fund Small Business Initiatives
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