CEOs of Nevada banks met recently to discuss issues vital to their industry, which included topics such as staffing, competition, fraud and taxes. Connie Brennan, publisher of Nevada Business Journal, served as the moderator for the event as part of Nevada Business Journal’s monthly Industry Focus series, which brings CEOs together to discuss pertinent issues in their industry … [Read more...] about Industry Focus: Bankers
Archives for October 2006
A company’s Website is a valuable asset that should be carefully protected. Failure to do so could severely limit what rights a company has in the content of its own Website, may result in others retaining rights in the same content, or may lead to lawsuits. Independent Web Designers and Ownership Protecting the content of a Website starts at the design stage. A company … [Read more...] about Your Company’s Website: Who Really Owns It?
Nevada Contractors Association Winners The District at Green Valley Ranch Station, an $80 million development by American Nevada Company, won the Building Project of the Year award from the Nevada Contractors Association. The 406,000-square-foot complex contains retail, office, residential and entertainment components. It is situated on 30.6 acres at I-215 and Green Valley … [Read more...] about October 2006: Building Nevada Briefs
Employers seeking to make workplace accommodations for employees with disabilities can find help on the Internet through Searchable Online Accommodation Resource (SOAR). SOAR is a Web-based service of the President’s Committee on Employment of People with Disabilities. The program takes the user through a step-by-step process, beginning with the identification of the impairment … [Read more...] about October 2006: Business Up Front
With the announcement on October 4, 2000, of the merger between Firstar Corporation and U.S. Bancorp, Nevada may have seen the last of the banking mergers for awhile, ending a decade-long succession of mergers and acquisitions by the state’s largest financial institutions that has left customers reeling, often driving them into the waiting arms of the state’s community … [Read more...] about What’s Ahead for Nevada’s Banks – Is the Merger Frenzy Over at Last?
After all the mergers and acquisitions taking place in the banking industry over the last few years, Silver State Bank is one community bank that is holding its own and continuing to thrive. Chairman and CEO Tod Little and President Corey Johnson opened the bank’s first branch in July 1996 in Henderson. The bank has now expanded to five branches serving individuals and small … [Read more...] about Silver State Bank: Growing with Southern Nevada
Two UNLV Buildings Topped Off Topping-off ceremonies were recently held at UNLV for two new buildings on campus. The Cox Pavilion, scheduled to open in March, will be a multi-purpose, state-of-the-art venue connected to the Thomas & Mack Center. The $16.8 million, two-story facility will be home to the women’s volleyball team and the Lady Rebels basketball team. It … [Read more...] about October 2006: Building Nevada Briefs
Jared Opens Henderson Location Sterling Jewelers Inc. has opened its second Jared The Galleria of Jewelry superstore in Southern Nevada. The new store, located in the Eastgate Power Center in Henderson, offers a selection of over 7,000 jewelry items in addition to an on-site, full-service jewelry repair center, a children’s play area and a refreshment area for customers. … [Read more...] about October 2006: Nevada Briefs
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
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 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 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
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 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?
Competition, fraud, compliance, technology… to say the financial services industry has its hands full would be an understatement. Both banks and credit unions are facing challenges on many fronts... Competition Heightens Banks have to keep score of who’s teaming with whom. Among recent merger announcements is word that Western Alliance Bancorporation and Bank of Nevada … [Read more...] about Nevada’s Financial Institutions
As part of its monthly Industry Outlook series, Nevada Business Journal gathered with marketing professionals to discuss the issues their organizations face in today’s changing marketplace. They confronted concerns such as the evolution of media channels, recruiting new talent, the changing role of the PR/advertising agency, and client loyalty. Connie Brennan, publisher of the … [Read more...] about Industry Focus: Marketing Professionals
Remember 1986? Most offices had an IBM Selectric typewriter, but not every office had a computer. Fax machines were brand-new, expensive technology. For junior executives and middle managers, beepers were a “must-have” accessory, but if you were a real mover-and-shaker in the business world (or wanted to be) you had a brick phone installed in your car. The Internet was confined … [Read more...] about 1986-2006 Twenty Years of Covering Nevada Business News
It has been more than a century since the president of Western Union foolishly rejected a chance to buy the patents for a novel new invention called the telephone. The decision was one of the worst corporate mistakes ever, but a valuable lesson was learned – to succeed in telecommunications, you have to stay ahead of the curve. In 2006, Nevada’s major telecommunications … [Read more...] about Telecom: Past, Present, & Future
Nevada’s economy and steady job growth are attracting record numbers of new residents, causing a rapid urbanization in the state’s major cities. Developers and investors are now fast-tracking projects in order to meet the demand for services ranging from offices and homes, to shops and restaurants. The state’s unprecedented development activity has taxed its contractors and … [Read more...] about Rising Construction Costs: Creative Solutions Needed
Since March 1988, when we purchased the two year-old Nevada Business Journal magazine, we have been the voice of Nevada’s business community, speaking out against higher taxes and government regulations and warning voters about political dirty tricks. On the occasion of the magazine’s 20th anniversary, we reviewed some of the topics the magazine has covered in its Commentary … [Read more...] about After Twenty Years We’re Still Looking Out for You