A steep contraction in the per-pound price of molybdenum - down from an early-September price of $34 to just $11 by the end of the month - has significantly impacted Nevada mining companies.
Carson City - Nevada has handed out tax incentives worth an estimated $45 million to lure solar and geothermal projects to Nevada over the past four years.
So far, the state has received in return promises that the projects' developers will create 89 permanent jobs.
It's a number so small that some lawmakers are questioning whether taxpayers are getting a good return on their investment in the incentives.
CARSON CITY -- The Public Employees Retirement System has lost more than $4 billion on its investments since July, according to system executives who also told Nevada legislators Monday that they cannot legally cut benefits to existing participants.
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