When the American Recovery and Reinvestment Act was passed in February 2009, President Obama and the Democrats in Congress promised that it would help the economy recover and keep more people employed. Taxpayers were put on the hook for $787 billion worth of pork projects in Congressional districts all across the country, and what results have we seen? The unemployment rate … [Read more...] about Stimulus Projects Give Taxpayers the Blues
Archives for September 2010
Representing the top attorney’s in Nevada, the 100 Southern Nevada lawyers and the 25 Northern Nevada lawyers included in the 2010 Legal Elite have earned the trust and endorsement of their peers. These attorneys have been recommended by the people that know them best, the lawyers they work with or see across a courtroom. Who better to determine a lawyer’s merit than another … [Read more...] about Legal Elite: Attorneys Choose Amongst Their Peers
As Nevada’s construction and gaming industries persistently remain on the ropes, its financial and political leaders look more and more to alternative energy as the economic redeemer that can help propel the state out of the current recession. Reeling from the highest unemployment rate in the nation, Nevada’s future is on the line as the need for economic diversification has … [Read more...] about Alternative Energy: Nevada’s Future
The media industry, like nearly every industry in Nevada, has suffered with the down economy. In addition to facing the challenges of reporting the news in these economic times, media companies also face the onslaught of the next wave of technology and must adapt to these new technologies almost immediately in order to remain competitive in news reporting. Recently, … [Read more...] about Industry Focus: Media
Financing projects is tougher than ever these days – but not impossible. Getting lenders to lend hinges on a variety of factors, some of which borrowers can control and others they can’t. Knowing the difference is key. In an August 2, 2010 speech to state government officials in South Carolina, Federal Reserve Chairman Ben Bernanke urged, but did not require, banks to … [Read more...] about Financing Your Project: The Basics Still Matter
President North Las Vegas Number of Employees: 6 Years in Nevada: 4 Years with Company: 4 What inspired you to get into your industry? My dad inspired me to get into construction. He is a concrete contractor. When my sister and I were as young as 12 years old he would bring us to his office in the summer and put us to work. He would take us to job sites and show … [Read more...] about Karly Urata: K&K Construction Supply, Inc.
As the economy slowly continues to turn, small business owners across the country remain concerned about controlling costs and minimizing risks. Now more than ever, small business decision-makers must continuously evaluate cost structures and work to enhance operational efficiencies amid a series of ongoing challenges: limited access to credit and loans, increasing costs, … [Read more...] about Containing Costs with a Strategic Approach to Workers’ Compensation Insurance
The Benefits of Website Leasing for a Business The terms “website” and “leasing” don’t normally go together, yet website leasing is a concept that gives small to medium sized businesses the access to essential online resources vital for competing with much larger businesses in the marketplace. When first considering the cost for a website that is seemingly out of reach … [Read more...] about The Benefits of Website Leasing for a Business
Nevada Commission on Tourism Expands Outreach to China The Nevada Commission on Tourism (NCOT) has expanded promotions to China seeking to tap into the country’s lucrative travel market. The new office opened recently in Shanghai and shares space with the U.S. Commerce Department. This is the second office the NCOT has opened in China. Green Chamber of Commerce Expands to … [Read more...] about September 2010: Around the State
Mining is not typically associated with the words high-tech or sophisticated. Rather, one might imagine high-tech as having something to do with computers, aircraft technology or even medical research. Although it may not be one of the first industries to come to mind, mining today is a state-of-the-art operation that encompasses everything from exploration and research to … [Read more...] about Mining: Start to Finish
Collaborate: (verb) to work jointly on an activity, to produce or create something Creating a culture of education requires the efforts of many people, some of them seemingly competitors, working together towards a common goal. It doesn’t happen overnight and it takes the dedication and commitment of all involved. Fortunately for Nevada, this is happening today among our … [Read more...] about An Education Collaborative: Creating a Culture of Education in Nevada
If you’ve followed the painfully drawn-out negotiations between Clark County and its firefighter union over the past year, you’ve no doubt learned much about the power that public-employee unions can exert over local governments in the Silver State. Local governments’ collective bargaining process is governed by Chapter 288 of the Nevada Revised Statutes, a set of laws which … [Read more...] about Money Behind Closed Doors: Union negotiations marked by compulsion, secrecy and predation
Las Vegas The Las Vegas Valley office market has yet to stabilize as vacancies edged upwards exerting downward pressure on average asking rents. During the second quarter, the market reported 426,800 square feet of negative net absorption, pushing the amount of occupied space down for the seventh consecutive quarter and to a level not … [Read more...] about Office Summary: Second Quarter 2010
Signs of further slowing in the U.S. economy are increasingly evident, and a second downturn seems possible, though not yet likely. The advance estimate for real GDP growth in second quarter was 2.4 percent at an annual rate, down from the 3.7 percent revised estimate for first-quarter 2010. U.S. nonfarm employment fell by 131,000 jobs in July, though private employment rose … [Read more...] about September 2010: Business Indicators
“I’d spend a few weeks in a dacha along Russia’s Volga River. It’s a beautiful, quiet place that has incredible World War II and Russian Civil War history. It’s also a great place to enjoy Russian shashlik.” Brin Gibson • Attorney, Lionel Sawyer & Collins “Greek Islands sailboat cruise. Gourmet meals, swimming in isolated coves, and spectacular views are just the … [Read more...] about If you could go anywhere, where would you go? Why?