The Nevada Policy Research Institute (NPRI) recently released the 2016 edition of the Nevada Piggy Book. This is good because Nevada taxpayers need to know about government waste, which is an especially important topic while the Legislature is in session. However, it’s also depressing to see these examples of how our hard-earned money is being thrown away by politicians and … [Read more...] about Nevada Piggy Book: Required Reading for Taxpayers
Archives for March 2017
Executives Weigh In: Power Poll 2017
Most executives would agree, 2016 saw a boost to industry across the Silver State. From call centers and manufacturers to new sports teams and residential and commercial development throughout the state, Nevada is on the rise. This boom in industry is also prompting many business leaders to question when the other shoe will drop. “Cautiously optimistic” has been the phrase … [Read more...] about Executives Weigh In: Power Poll 2017
Avoiding a Business Foul: Practical Steps to Dodge Business Litigation
The best litigation for business decision makers is the litigation that never happens. Court cases are time-consuming, expensive and take a business owner’s mind off business. The best way to avoid litigation? Document everything, know your obligations and be certain your protections are in place. “It sounds a little simplistic, but I would say, know your legal obligations, … [Read more...] about Avoiding a Business Foul: Practical Steps to Dodge Business Litigation
Industry Focus: Healthcare
The healthcare industry continues to face challenges involving access to care, physician shortages and coordination between providers in the Silver State. A group of Nevada’s healthcare leaders recently met at the Las Vegas offices of City National Bank to discuss these issues and new opportunities on the horizon for the industry. Connie Brennan, publisher and CEO of Nevada … [Read more...] about Industry Focus: Healthcare
Family Owned Business 2017
Congratulations Finalists! The 2017 class of Family Owned Businesses are comprised of some of outstanding and hard-working families who care for their businesses and their communities. We are honored to name each and everyone of them a Family Owned Business Finalist. This year’s honorees were chosen by a panel of judges who reviewed hundreds of nominations to narrow it down … [Read more...] about Family Owned Business 2017
Nevada’s Treasurer’s Office: From Education Savings Accounts to Investing State Funds
As State Treasurer, my office was asked to administer the Educational Savings Accounts (ESAs). We acted expeditiously to establish rules for the program, which we completed over a year ago. With the help of the Attorney General’s office, we fought two lawsuits, finally ending up at the Nevada Supreme Court. Though the Court didn’t like the way the ESA’s were funded, the … [Read more...] about Nevada’s Treasurer’s Office: From Education Savings Accounts to Investing State Funds
Movers and Shakers: Virginia Toalepai
President & CEO World Wide Safety (4 years in NV) Type of Business: Safety Consultants | Hails from: Apia, Samoa | 4 years with company in Nevada | Based in: Las Vegas How did you first get into your profession? I was introduced to the safety industry by my ex-husband. What is your pet peeve? People who tell me that something is impossible or it cannot be … [Read more...] about Movers and Shakers: Virginia Toalepai
Around the State: March 2017
USA Parkway Extension Hits Midway Mark The Nevada Department of Transportation (NDOT) has reached the 50 percent milestone in the completion of the USA Parkway extension. The project connects Interstate 80 and U.S. 50 in Storey and Lyon counties. USA Parkway was originally constructed as a privately-built, six mile road connecting I-80 to the Tahoe Reno Industrial Center east … [Read more...] about Around the State: March 2017
Welcome to Nevada: March 2017
Alltrade Tools A designer and manufacturer of premier tools and shop equipment, Alltrade Tools is in the process of relocating its distribution facility from Long Beach, CA to Reno. Company executives chose Reno for its business-friendly climate and the opportunities the growing community offers. The company serves clients globally and will create an additional 35 jobs in … [Read more...] about Welcome to Nevada: March 2017
Lawmakers Should Focus on Consequences of Minimum Wage Hikes – Not Mere Intentions
It didn’t take the new Nevada legislature long before it started toying with the idea of raising the minimum wage. Introduced within the first week of Nevada’s 79th legislative session, SB106 would incrementally increase the minimum wage from the current $8.25 per hour to a grand total of $12 per hour. Another more aggressive proposal — AB175 — was introduced the following … [Read more...] about Lawmakers Should Focus on Consequences of Minimum Wage Hikes – Not Mere Intentions
Nevada Land: Priorities for Today in Planning for Tomorrow
Protecting counties from restrictive federal land policies, potentially transferring U.S. government-owned land to the state, creating state parks. These and other current land matters in Nevada, some in the courts, some ongoing, many controversial, are numerous. That is, in large part, because the state contains the highest percentage of federally owned and managed land, 87 … [Read more...] about Nevada Land: Priorities for Today in Planning for Tomorrow
Red Report: March 2017
E Sale, Industrial ADDRESS 5406 E. El Campo Grande Ave. Blgds. 7/8 C, 89115 BUYER Exhibit Options SELLER Thomas & Mack Development DETAILS 20,028 SF; $1,962,744 APN 123-28-310-002 BUYER’S REP The Larkin Team of NAI Vegas SELLER’S REP Jake Higgins and Kevin Higgins, SIOR of CBRE Sale, Land ADDRESS NWC of Tropical Pkwy. & Range Rd., 89115 BUYER Madison/Chewy, … [Read more...] about Red Report: March 2017
Office Summary: Fourth Quarter 2016
Southern Nevada Las Vegas Valley’s speculative office vacancy rate in Q4, 2016 increased by 0.1 points to 20.2 percent from Q3, 2016. Compared to Q4, 2015, the office vacancy rate was up 0.2 points, from 20 percent. Vacancy rates ranged from 15.4 percent for Class C space to a high of 28.2 percent for Class A space at the end of Q4. The office market has fluctuated back and … [Read more...] about Office Summary: Fourth Quarter 2016
March 2017: Business Indicators
The “advanced” estimate for U.S. real gross domestic product (GDP) for the fourth quarter of 2017 increased at a 1.9 percent annualized rate. Although the real GDP growth rate decelerated compared to last quarter’s 3.5 percent increase, the underlying categories showed more strength. Consumer spending stayed robust and business investment finally moved out of a negative or … [Read more...] about March 2017: Business Indicators
If You Could Make a Sentence Long Speech to the Entire World, What Would You Say?
“Do what you love, live well, love well, drink honest wines, eat your veggies and root for the underdog.” Shaji Matthew | Owner, Terra Vigna “‘Announcing your plans is a good way to hear God laugh.’ – Al Swearengen, Deadwood TV Series” Karen Baresell | CEO, United Way of Northern Nevada and the Sierra “Leaders are tasked with making important decisions each day, some will … [Read more...] about If You Could Make a Sentence Long Speech to the Entire World, What Would You Say?