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BUSINESS - Feb. 09, 2010
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Granite Transformations owner Michael Moffitt, left, on Monday checks work by employees Tony Bravo and Mike Lair at the company’s shop at 6285 S. Valley View Blvd. A vibrant foreclosure market, with its abundance of repair-needing homes, has boosted Granite Transformations’ business. But after more than two years of unrelenting downturn, Moffitt said he is too gun-shy to begin hiring or increasing pay just yet.
DUANE PROKOP/LAS VEGAS REVIEW-JOURNAL.
SOUTHERN NEVADA ECONOMY: Holding off on hiring

Business is resurgent at Mike Moffitt's home-remodeling company, but that doesn't mean he plans to hire anytime soon.

MGM to divest from Atlantic City

MGM Mirage wants to divest itself from its Atlantic City holdings by placing its 50 percent ownership stake in the Borgata resort and its vacant land into a trust arrangement.

Boosted by rate hike, NV Energy reports profit

A mid-year rate increase helped local power utility NV Energy transform a quarterly loss into a profit, though it wasn't enough to boost the company's overall annual earnings.
BUSINESS HEADLINES (Feb. 09, 2010)
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