Multi-million dollar homes, hot cars and over-the-top travel are nothing unusual for high net worth individuals in Nevada. In fact, luxury living is becoming more common here, according to experts surveyed by Nevada Business Journal. One well-known expert on “champagne wishes and caviar dreams” is Robin Leach, who moved to Las Vegas seven years ago to be close to the rich … [Read more...] about Luxury Lifestyles in Nevada
Archives for June 2006
Industry Focus: Healthcare Professionals
As part of its monthly Industry Outlook series, Nevada Business Journal invited healthcare professionals to discuss the various challenges brought about by the escalation of healthcare costs and the growing need for more medical services. They confronted concerns such as the shortage of physicians, specialists and residencies; recruiting healthcare professionals and educators; … [Read more...] about Industry Focus: Healthcare Professionals
Business Insurance: Protecting Your Assets
Business owners never expect their companies to suffer a disaster, so oftentimes they don’t purchase insurance or enough coverage. Hurricane Katrina is a reminder, however, that damage can happen at any time and can be extensive. Businesses can sustain other kinds of losses, too – theft, wrongful termination suits, accidents in the company car, on-the-job worker injuries and … [Read more...] about Business Insurance: Protecting Your Assets
Nevada’s Mega Machines
Nevada’s rapid population growth, robust economy, new job creation and low unemployment rate are fueling an unprecedented statewide building boom. Nevada will see $12.3 billion worth of construction spending this year, a $312 million increase from 2005, said Cliff Brewis, senior editorial director for McGraw-Hill Construction. Roughly $4.8 billion will be spent on new homes, … [Read more...] about Nevada’s Mega Machines
A Nation of Immigrants, But Also a Nation of Laws
Immigration reform and border control have received a lot of press coverage lately, and debates are raging about the best way to deal with the estimated 12 million people living in the U.S. illegally. Competing bills in Congress are attempting to tackle these issues, and many thousands of people participated in marches on May 1 for a nationally-publicized \"Day Without … [Read more...] about A Nation of Immigrants, But Also a Nation of Laws
The IRS Manufacturing Deduction – Can You Benefit from It?
The new tax deduction for manufacturing applies to most manufacturing companies, but also to some non-manufacturing companies and to some self-employed individuals. It was enacted as part of the American Jobs Creation Act of 2004 to help United States manufacturers remain competitive with similar foreign compa The new tax deduction for manufacturing applies to most … [Read more...] about The IRS Manufacturing Deduction – Can You Benefit from It?
Heritage Bank of Nevada: Continuing Success for Small Businesses
Heritage Bank, a Northern Nevada bank serving small and mid-sized businesses, has filled an important void to several communities throughout the area. Established in 1995, it has three branches in Reno and one in Carson City. In the fourth quarter of 2006, another bank branch is set to open in Spanish Springs to keep up with the growth of outlying communities. Heritage Bank … [Read more...] about Heritage Bank of Nevada: Continuing Success for Small Businesses
Ticor Title of Nevada: Insuring Projects Throughout the State
In 2003, Pioneer National Title of Nevada became Ticor Title of Nevada. By then, it supported five offices in Las Vegas providing title insurance and escrow services for both residential and real estate transactions. Although Ticor is more than 100 years old, it was bought during the 1990s and its name disappeared, resurfacing in 2003 after Pioneer was purchased by Fidelity … [Read more...] about Ticor Title of Nevada: Insuring Projects Throughout the State
June 2006: Building Nevada Briefs
Partnership Acquires Las Vegas Portfolio Stoltz Real Estate Partners and GoldenTree InSite Partners are acquiring a portfolio of office/flex buildings and land parcels they intend to develop in Las Vegas. The seller is a partnership between Urdang Advisors and Stoltz Real Estate Partners. Although financial details of the transaction were not disclosed, Stoltz and GoldenTree … [Read more...] about June 2006: Building Nevada Briefs
June 2006: Business Indicators
The Fed has continued its course of pushing the short-term federal funds rate upward, as it foresees further expansion with increasing prospects for inflation. But, by all accounts, the Fed will soon pause to assess the effectiveness of the interest-rate increases. Recent events in the Middle East may well be the key reason for a reassessment. Uncertainties have pushed oil … [Read more...] about June 2006: Business Indicators
June 2006: Business Up Front
Economic Freedom throughout the World The world is economically freer today, according to the 12th annual "Index of Economic Freedom," published by The Wall Street Journal and The Heritage Foundation. Of the 157 countries graded in the 2006 index, 99 improved their overall scores, compared to 51 whose scores worsened and five that remained unchanged. Twenty are classified … [Read more...] about June 2006: Business Up Front
Miracle Flights for Kids: Flying for Life
What do you do when your child needs cancer treatment at Memorial Sloan-Kettering in Manhattan and your insurance carrier says, "Sorry, that’s out of network"? Or when your doctor tells you your newborn has such a rare bone disorder that several of her ribs are malformed or missing, and the only place in the country able to perform the surgery she needs is 1,500 miles away? How … [Read more...] about Miracle Flights for Kids: Flying for Life
June 2006: Face to Face
Name: Todd N. Ferguson Title: Managing Shareholder, Reno Office Company: Kafoury, Armstrong & Co. Type of Business : Certified public accountants providing audit and accounting, tax preparation and planning, and consulting services. Location: Reno Years in Nevada: 65 Years with Company: 21 Biggest Business Challenge: CPA firms … [Read more...] about June 2006: Face to Face
June 2006: Nevada Briefs
SBA Announces Nevada Winners The Nevada district office of the U.S. Small Business Administration (SBA) recently named the winners of its small business awards for 2006. Michael Micone, president and owner of Accountants Inc., was named SBA’s Small Business Person of the Year for the State of Nevada. Accountants Inc., which provides staffing solutions for accounting and … [Read more...] about June 2006: Nevada Briefs
WorkPlace vs. MySpace.Com: The Blogosphere Battle Between Employer and Employee
Blogs are proliferating at an astonishing rate: over 15 million of the online Internet diaries now exist, with an estimated 900,000 new blog postings added to the Web each day. The word "blog" is actually a contraction of the words "web" and "log." While most blogs have nothing to do with work, an increasing number of legal cases demonstrate that blogs are having a serious … [Read more...] about WorkPlace vs. MySpace.Com: The Blogosphere Battle Between Employer and Employee