In The News: Lee Business School
UNLV's Lee Business School has announced the creation of the Lee School Prize for Innovation and Entrepreneurship, as the school looks to compel entrepreneurs to develop innovations to help address the problems facing the hospitality, entertainment or travel industries due to COVID-19.
In a post-COVID-19 world, people are going to be far more worried about keeping safe from viruses and other pathogens. That concern will probably hurt tourist destinations like Las Vegas, which is why UNLV's Lee Business School is offering a total of $1 million to entrepreneurs who can figure out how to ease those concerns.
Trustees Greg and Ernest Lee of the Ted and Doris Lee Family Foundation have revealed the creation of the Lee School Prize for Innovation and Entrepreneurship, a joint collaboration with the Lee Business School at UNLV.
ҳ| 鶹ýӳ half of Southern Nevada’s public-sector union contracts are under negotiation or will expire at the end of June, giving labor groups an immediate opportunity to accept or fight concessions to help balance government budgets devastated by the COVID-19 crisis.
Gov. Steve Sisolak has praised Nevadans for adhering to COVID-19 shutdown directives, but if control measures are reduced too soon, the disease will likely spread beyond control, said Brian Labus, an epidemiology expert at the UNLV School of Public Health.
Gov. Steve Sisolak has praised Nevadans for adhering to COVID-19 shutdown directives, but if control measures are reduced too soon, the disease will likely spread beyond control, said Brian Labus, an epidemiology expert at the UNLV School of Public Health.
A few neon lights at the casinos are still flashing, “open 24 hours”, stands above a closed burger bar. A homeless person sets up in a restaurant entrance for the night. On a pedestrian bridge over the Strip, the legendary entertainment mile in Las Vegas, Cici Ballard - pink hair, tattooed forearms - stands with friends and points to the deserted sidewalks below them, the closed bars, the silhouettes of the hotel towers. "It's kind of scary," she says, pulling her cigarette deeply.
Joseph Guerrero is done with the Las Vegas hospitality industry.
From 2007 to 2009, the Great Recession affected Las Vegas more than anywhere else in the United States. The Las Vegas’s economy will, once again, be dealt a difficult hand as a result of the COVID-19 global pandemic, according to Stephen M. Miller, director of the Center for Business and Economic Research (CBER) and economics professor at UNLV's Lee Business School.
The $349 billion in federal funding for cash-strapped small businesses has dried up in less than two weeks.
The $ 349 billion in federal funds for small businesses with liquidity problems ran out in less than two weeks.
Nevada could have the largest number of unemployed workers in the US due to the coronavirus pandemic. In a state where an estimated one in three workers is employed by the leisure and hospitality industry, 320,000 Nevada workers are at risk, twice the number in the late 2000s, which could push Nevada’s unemployment rate above 30 percent, according to a recent report by Las Vegas-based economic research firm Applied Analysis, reported by The Wall Street Journal.