Wednesday, June 19 2013 1:30 PM EDT2013-06-19 17:30:30 GMT
HENDERSON, Nev. -- The killing of a woman in 1996 has police asking the public for help in solving the cold case crime. Diane Hietbrink, 58, was found dead in her home at 302 Nebraska Street on Sept.More>>
The killing of a woman in 1996 has police asking the public for help in solving the cold case crime.More>>
HBO and James Gandolfini's managers say the actor famous for his role in "The Sopranos" has died in Italy.More>>
James Gandolfini, whose portrayal of a brutal, emotionally delicate crime boss in HBO's "The Sopranos" was the brilliant center of one of TV's greatest drama series and turned the mobster stereotype on its head, died...More>>
Wednesday, June 19 2013 8:25 PM EDT2013-06-20 00:25:44 GMT
LAS VEGAS -- A U.S. District Judge has sentenced a Henderson man to 15 years in federal prison for multiple child pornography offenses. Richard Carl Brown, 35, was convicted in February on several charges,More>>
A U.S. District Judge has sentenced a Henderson man to 15 years in federal prison for multiple child pornography offenses.More>>
Wednesday, June 19 2013 7:06 PM EDT2013-06-19 23:06:17 GMT
LAS VEGAS -- Obesity is an epidemic that's plagued our nation for decades. The American Medical Association now labels obesity a disease. There are 78 million obese adults and 12 million obese children. ElectedMore>>
Elected officials are trying to combat the obesity crisis in Las Vegas. On Wednesday, the Las Vegas City Council passed a resolution that increases access to healthy food options in under served areas.More>>
Wednesday, June 19 2013 6:52 PM EDT2013-06-19 22:52:04 GMT
LAS VEGAS -- Metro Police are reopening their academy so they can put 50 new police officers on the streets. The police academy graduated its last class in Jan. 2012. The money for the additional officersMore>>
Metro Police are reopening their academy so they can put 50 new police officers on the streets.More>>
Wednesday, June 19 2013 6:43 PM EDT2013-06-19 22:43:29 GMT
LAS VEGAS -- Old-fashioned police work, combined with cutting-edge scientific methods, is solving crimes every day across Las Vegas. After almost 36 years, the head of Metro's crime lab is retiring.More>>
Old-fashioned police work, combined with cutting-edge scientific methods, is solving crimes every day across Las Vegas.More>>
Wednesday, June 19 2013 6:26 PM EDT2013-06-19 22:26:47 GMT
LAS VEGAS -- The city of North Las Vegas is desperate to fix its vast foreclosure problems and is considering using its eminent domain powers. Eminent domain is usually meant to take over buildings inMore>>
The city of North Las Vegas is desperate to fix its vast foreclosure problems and is considering using its eminent domain powers.More>>
Wednesday, June 19 2013 4:38 PM EDT2013-06-19 20:38:39 GMT
LAS VEGAS -- Metro Police are investigating a crash involving a motorcyclist and a truck. Police say the motorcyclist slammed into the back of a truck on the Sahara westbound exit from I-15 south. TheMore>>
Metro Police are investigating a crash involving a motorcyclist and a truck.More>>
Wednesday, June 19 2013 3:33 PM EDT2013-06-19 19:33:59 GMT
LAS VEGAS -- Sue Lowden, a former state senator and the former chairwoman of the Nevada Republican Party is considering a run for lieutenant governor in 2014. "I am seriously thinking about it. I willMore>>
Sue Lowden, a former state senator and the former chairwoman of the Nevada Republican Party is considering a run for lieutenant governor in 2014.More>>
Claim: A new advertisement airing on KLAS-TV Channel 8 from Priorities USA Action, a super political action committee that supports President Barack Obama, features a man who says, "With Romney and Bain Capital, the objective was to make money. Whether the companies they came in and worked with made money or not was irrelevant. Bain Capital always made money. If we lost, they made money. If we survived, they made money. It's as simple as that. He promised us the same things he's promising the United States. He'll give you the same thing he gave us. Nothing. He'll take it all."
Verdict: Partly true and partly misleading. The ad sources a Reuters story published in January on Bain Capital, the private equity company co-founded by Republican presidential nominee Mitt Romney. Reuters reported that Bain made at least $8.5 million in profit on a steel mill in Kansas City, Mo., even though the facility eventually closed and cost 750 people their jobs. In addition, a federal insurance agency had to issue a $44 million bailout to pay for the mill's underfunded pension plan, Reuters reported. The man featured in the ad, Pat Wells, was one of the steelworkers who lost his job. Wells made sense when he said that Bain Capital's objective was to make money.
But the ad lost steam when he claimed that Bain always made money. The Wall Street Journal, which also reported in January on Bain's track record, examined 77 businesses that the company invested in during Romney's tenure from 1984 through 1999. The newspaper found that 22 percent either filed for bankruptcy reorganization or closed within eight years after Bain first invested, and an additional 8 percent "ran into so much trouble that all of the money Bain invested was lost." Some 70 percent of the returns Bain investors made came from only 10 deals and four of those companies also declared bankruptcy.
Reuters likewise reported: "Romney's career at Bain included both successes and failures. That is not unusual in the private equity business, where investors buy troubled companies and try to turn them around, often through aggressive use of debt."