Lowering the Education Bar: Nevada and the U.S. shortchange students or are we becoming a Third World country?

Americans no longer expect quality from our public education system, and U.S. students now lag behind those from other developed countries.

Americans no longer expect quality, much less excellence, from our public education system, and U.S. students now lag behind those from other developed countries. What’s happening in Nevada is a prime example of the dumbing-down of our public schools. Nevada’s high school juniors have trouble passing the math proficiency exam that’s required for graduation. In… [More...]

April 2014: Around the State

Read business news from around Nevada for April 2014.

Nevada Leads the Way in Clean Energy According to a report from the Clean Energy Project, since 2010 Nevada has invested at least $5.5 billion in clean energy projects. The state ranks sixth in the United States in installed solar capacity and will host four major trade conferences for the clean energy sector this year. The… [More...]

Stephanie Angold: The Find

Meet Stephanie Angold, owner of The Find.

Owner Reno http://www.thefind.com/ How did you first get into your profession? I have been in retail since I was 16. I worked through college and different clothing stores from corporate stores in a mall, to mom and pop businesses. If you could be another person for a day, who would you be? I would love to be one… [More...]

Mike Montandon: Providence Commercial

Meet Mike Montandon, Managing Partner of Providence Commercial and President of NAIOP Southern Nevada.

Managing Partner, Providence Commercial http://www.providencecommercial.com/ President, NAIOP Southern Nevada http://naiopnv.org/ How did you first get into your profession? I started in commercial real estate appraisal in the family business, then migrated into other aspects of commercial real estate. If you had to choose another profession, what would it be? I would be teaching at a university level.… [More...]

Luiz Oliveira: Sambalatte

Meet Luiz Oliveira, Owner of Sambalatte.

Owner Las Vegas http://sambalatte.com/ How did you first get into your profession? After I graduated from the university in Brazil, I developed a passion for hospitality because I could have a career working and traveling around the world, learn about new cultures and meet new people. After being laid off from my job, I realized that… [More...]

Celebrating the Constitution: The Long-Term Benefits of its Short-Term Inefficiencies

In all of life, actions have both short-term and long-term consequences — and often those outcomes stand in stark contrast to each other. If your three-year-old child is screaming for you to buy him a toy at the store, the quickest way to quiet him is to get the toy. But your actions will have… [More...]

Margins Tax Initiative: A Look at the Details

Running a business is no small feat in today’s economic environment. The negative impact of declining tax revenues from America’s businesses and citizens has been felt in local communities. These falling revenues are resulting in unprecedented steps being taken by municipality after municipality across the country. Closer to home, the example of North Las Vegas’… [More...]

Nevada State Bank: Established in 1959

Nevada State Bank (NSB), the largest state-chartered bank in Nevada, has grown along with the state for nearly 55 years, succeeding despite the economic challenges that managed to defeat many other financial institutions. Today, it operates 50 branches in 20 communities across the state, and has over $4 billion in assets. Beginnings: 1959-1979 In the… [More...]

Retail Summary: Fourth Quarter 2013

Southern Nevada The Las Vegas retail vacancy rate fell below 10 percent or the first time since 2008 as it ended 2013 at 9.2 percent. The latest rate is down 0.2 percentage points from the prior quarter and represents a decline of 0.8 percentage points from the prior year. During the fourth quarter, the retail… [More...]

Business Indicators: April 2014

Nevada business indicators: April 2014. Includes status of U.S. Nevada, Las Vegas, and Reno economies.

The “second” estimate for fourth quarter 2013 shows U.S. real gross domestic product increasing at an annualized rate of 2.4 percent, lower than the 3.2 percent growth first reported in the “advance” estimate. The revision consisted of a smaller increase in personal consumption expenditures from third to fourth quarter 2013. Non-residential fixed investment, net exports… [More...]

What is your personal philosophy regarding working with people?

Six Nevada executives share their personal philosophy regarding working with people.

“To always be aware of what people say they want and need. Then work together with integrity and all parties will achieve the desired results.” Jane Anthony | Sales Executive, LP Insurance Services, Inc. – “My philosophy is to have immediate connectivity with your customers. Do anything to help them. Talk a little, listen a lot,… [More...]

Lessons Learned: Integrity Matters

Successful businesses learned lessons from the recession: they learned to re-think their priorities and they found out who really had integrity.

American businesses are finally emerging from the recession – some of us survived bruised and battered, others didn’t make it and some companies managed to succeed by a combination of business smarts, ruthless cost-cutting and just plain luck. If the value of going through a crisis lies in the lessons we learn from it, maybe… [More...]

Eric Dobberstein: Hamrick, Evans & Dobberstein

Meet Eric Dobberstein, Nevada Managing Partner of Hamrick, Evans & Dobberstein.

Nevada Managing Partner Las Vegas http://www.hamricklaw.com/ How did you first get into your profession? I have always had an interest in the law and individual rights. After I got to experience the thrill of doing trial work, I was hooked. If you had to choose another profession, what would it be? Why? It would be as… [More...]

Karen Dallett: Friends of Black Rock – High Rock

Meet Karen Dallett, Executive Director of Friends of Black Rock - High Rock

Executive Director Gerlach http://blackrockdesert.org/ How did you first get into your profession? Conservation, wildlife, habitats, water, air and landscape quality have been the backdrop of my work throughout my lifetime. These are now front burner issues; the knob is on high. If you could stop time, what’s the one moment you’d want to relive over and… [More...]

Kevin Sullivan: Mutual of Omaha Bank

Meet Kevin Sullivan, Reno Market President of Mutual of Omaha Bank

Reno Market President Reno http://www.mutualofomahabank.com/ How did you first get into your profession? Out of college, I was accepted into a Management Candidate program with First Interstate Bank. What do you like most about your industry? I enjoy the interaction and relationships with clients – helping them with their financial needs. It’s rewarding to see their… [More...]

Nevada Celebrates Her Sesquicentennial: 150 Years of Statehood

The Nevada 150 Commission has planned a series of events, gatherings, exhibits and legacy projects to commemorate Nevada’s Sesquicentennial.

By executive order of Governor Brian Sandoval, the Nevada 150 Commission has planned a series of events, gatherings, exhibits and legacy projects to commemorate Nevada’s Sesquicentennial, a once-in-a-lifetime opportunity to showcase the unique contribution of Nevada’s rich culture and history. The yearlong celebration includes official community-based and signature Nevada 150 events, guaranteed to instill pride… [More...]

March 2014: Around the State

Read business news from around Nevada for March 2014.

Las Vegas Metro Chamber Joins the Board of the USTA The Las Vegas Metro Chamber has become the first metropolitan chamber of commerce in the nation to join the board of the United States Travel Association (USTA). The move signals the increased involvement of the chamber in travel and tourism. The USTA engages in a range… [More...]

Dermody Properties

When businessman John Dermody accepted the Nevada franchise for the Philco Appliance Company and relocated his family to Reno in 1950, little did anyone suspect that this move would be the catalyst that created a successful industrial development company, Dermody Properties. Appliances after World War II were like cell phones are today… consumers couldn’t get… [More...]

How Healthy is Nevada?

Here’s the bad news. When it comes to overall health, Nevada ranks in the lower half among all 50 states. That’s according to the 24th annual America’s Health Rankings from United Health Foundation. The report, the longest running of its kind in the country, placed Nevada No. 37 among all 50 states for overall heath,… [More...]

Why Government Shouldn’t Pick Winners and Losers: City Council Considering Plan to Subsidize Private Arena Developer

Imagine watching an NBA game. With the Los Angeles Lakers leading the Boston Celtics 95 to 82 in the fourth quarter, the referees stop the game and award the Celtics 15 of the Lakers’ points and make the score 97 to 80 with the Celtics now leading. That would be outrageous and unjust, wouldn’t it?… [More...]

Office Summary: Fourth Quarter 2013

Southern Nevada The Las Vegas office sector ended 2013 on a somewhat positive note as it reported positive net absorption for the third consecutive quarter. While the vacancy rate remains elevated, the latest period represents a decline of 0.2 percentage points compared to the prior quarter. Compared to a year ago, the rate is down… [More...]

Business Indicators: March 2014

Read Nevada business indicators: March 2014. Includes status of U.S. Nevada, Las Vegas, and Reno economies.

The “advance” estimate for fourth quarter 2013 shows U.S. real gross domestic product increasing at an annualized rate of 3.2 percent, below the 4.1 percent growth experienced during third quarter 2013. Personal consumption expenditures, non-residential fixed investment, net exports and state and local government spending made positive contributions. Federal government spending and residential investment made… [More...]