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From left, Sens. Amy Klobuchar, D-Minn.; Maria Cantwell, D-Wash.; Heidi Heitkamp, D-N.D.; and Charles Schumer, D-N.Y., participate in a news conference June 11 in Washington. They called on Senate Majority Leader Mitch McConnell to move forward quickly with a real path to extending the life of the Export-Import bank. (associated press)
Exporters stuck in limbo Business owners feel backstabbed by Congress’ failure to reauthorize federal Export-Import Bank By Julie Ann Formoso | Staff writer
Carlos Banchik was practically raised on construction sites. As a boy in Argentina, he helped his father, an engineering contractor, build low-income housing. ¶ Following in his dad’s footsteps was only natural. ¶ In 2003, Banchik started a small engineering business, Innova Technologies, in Las Vegas. ¶ While hundreds of companies nationwide tanked exports, Continued on page 15
$35.3M
SLS Las Vegas’ net loss during the first quarter of this year. Since opening in August, the resort has struggled financially while trying to position itself as a locals casino.
7
Number of Haggen grocery stores in Southern Nevada. The Washington-based chain is laying off employees just months after buying 146 stores in Southern Nevada, Southern California and Arizona.