Borders To Liquidate Assets…Close All Stores

Borders To Liquidate Assets…Close All Stores

Borders Group reported today that, in accordance with the terms of its financing agreement, the Company will submit to the Court for approval the previously-announced proposal from Hilco and Gordon Brothers to purchase the store assets of the business and administer the liquidation process. Borders said that, in the absence of a formal proposal from […]

Thank You Incline Village Sales Company!!

Thank You Incline Village Sales Company!!

Incline Village, NV…We would like to thank the Incline Village Sales Company for Advertising on LakesideNews.net!!! A little about their company from their website is below.. A premier Incline Village Real Estate Office, Incline Village Sales Company has been serving Incline Village, Nevada and Crystal Bay for over 49 years. We offer an extensive list […]

Fed Eyes Additional Easing of Monetary Policy in Report to Congress

Fed Eyes Additional Easing of Monetary Policy in Report to Congress

Washington, DC…Chairman Bachus, Ranking Member Frank, and other members of the Committee, I am pleased to present the Federal Reserve’s semiannual Monetary Policy Report to the Congress (PDF). I will begin with a discussion of current economic conditions and the outlook and then turn to monetary policy. The Economic Outlook The U.S. economy has continued […]

Village Shopping Center Plays Host for Chamber Mixer

Village Shopping Center Plays Host for Chamber Mixer

Incline Village, NV…The Incline Village Shopping Center was a filled with cars on Thursday night as the Mark Twain Cultural Center the Dead Sea Warehouse and more played host of a North Lake Tahoe Chamber of Commerce Mixer. There were hotdogs, music, friendship and more as local business leaders mixed and mingled. Next up is […]

Subsidiary of Vail Resorts, Acquires Parent Company of O2GearShop.com

BROOMFIELD, Colo. — Specialty Sports Venture (“SSV”), a wholly-owned subsidiary of Vail Resorts, Inc. (NYSE: MTN) announced that it has acquired the assets of Outdoor Outlet, LLC, a Wisconsin-based company that owns and operates O2GearShop.com, a rapidly growing online retailer of outdoor/snowsports goods and equipment with more than 2 million total visits last year. “The […]

Tahoechamber.org wants your input on signs in the City

Tahoechamber.org wants your input on signs in the City

South Lake Tahoe, CA……Signage in the City of South Lake Tahoe has long been a contentious topic among business owners. For some the city sign ordinance is not strict enough and has resulted in a complicated visual assault on the eyes of visitors, while another business owner may tell you the sign ordinance is too […]

Full House Resorts to Lease Hyatt’s Grand Lodge Casino

Full House Resorts to Lease Hyatt’s Grand Lodge Casino

LAS VEGAS, Jun 30, 2011 — Full House Resorts (nyse amex us:FLL) today announced it has entered into a five-year lease agreement with Hyatt Equities L.L.C. for the Grand Lodge Casino at Hyatt Regency Lake Tahoe Resort, Spa and Casino in Incline Village, Nevada on the north shore of Lake Tahoe. The Company will pay […]

Statewide Sales and Use Tax Rate Decreases by 1% July 1

Sacramento, CA…The statewide sales and use tax rate will decrease from 8.25 percent to 7.25 percent on July 1, 2011, Board of Equalization Chairman Jerome E. Horton announced today. The 1 percent decrease applies, generally, to all taxable transactions in California. In areas where voters have approved additional sales taxes, the total tax rate applied […]

Jobless Claims Drop By 1,000 Last Week

In the week ending June 25, the advance figure for seasonally adjusted initial claims was 428,000, a decrease of 1,000 from the previous week’s unrevised figure of 429,000. The 4-week moving average was 426,750, an increase of 500 from the previous week’s unrevised average of 426,250. The advance seasonally adjusted insured unemployment rate was 2.9 […]