The principle of separation of powers is an important part of the Nevada Constitution, which states that no one “charged with the exercise of powers properly belonging to one of these departments [Executive, Legislative and Judicial] shall exercise any functions, appertaining to either of the others, except in the cases expressly directed or permitted in this … [Read more...] about Public Employees as Legislators: Foxes Guarding the Henhouse?
Archives for August 2011
Nevada is a unique state, with challenges and opportunities not found anywhere else. Those who have chosen to make Nevada home have a stake in its future, and in supporting measures that promote its benefits and work on areas that need improvement. This article comples statistics from a number of sources to provide a straightforward look at the state of the Silver State. … [Read more...] about How We Stack Up: Nevada By the Numbers
If money makes the world go round then, well, the world is rotating a bit more creakily than it used to. Financing for the Nevada business community, or any business community in the U.S., still isn’t what it was before the economy took a turn for the worse. But it is getting better -- thanks to a variety of factors such as lenders that want and need to lend; a shakeout … [Read more...] about Financial Services: The Business of Smarter Lending
Nevada’s telecommunications industry has made it a priority to keep up with rapidly changing technologies, from the latest tablet to cloud computing and mergers and acquisitions. Telecommunication professionals have embraced these changes in their industry, while recognizing not all changes are perfect. Recently, executives representing this industry met at the law offices of … [Read more...] about Industry Focus: Telecommunications
As the economic recession continues to take its toll on the Silver State, it’s not exactly business as usual for public works in Nevada. Although individuals who plan and execute these public ventures are gamely trying to meet demand for services, they are finding themselves in a much more competitive environment that requires increased efficiency, but often with a paucity of … [Read more...] about Public Works: The Survivors Arena
Healthcare Heroes began in 2006 as a way to help address the critical shortage of healthcare educators in Nevada. Today, the event has become a statewide fixture in the hearts and minds of Nevada’s healthcare stakeholders. The program has a two-fold purpose that has remained unchanged in the six years since the inaugural event. It’s a way to donate scholarship funds to Nevada … [Read more...] about Healthcare Heroes 2011
Owner Sparks, NV Number of Employees: 29 Years in Nevada: 9 Years with Company: 9 What do you like most and least about your industry? I love that my industry leaves so much room for growth and opportunity in an environment as diverse as Nevada’s. Our laboratory is in a city environment in Sparks, but we recently opened up a satellite office in Elko, the heart of … [Read more...] about Michelle Sherven: WETLAB: Western Environmental Testing Laboratory
Record International Visitation for Las Vegas According to data garnered primarily from US Department of Commerce research, international visitors now contribute to Las Vegas’ bottom line more than ever before. Comprising 18 percent of overall visitation to Las Vegas and 27 percent of tourism revenue in 2010, international visitors have increased in the double digits over the … [Read more...] about August 2011: Around the State
The summer months are an excellent time to perform a review of current strategies for investments and financial plans. It’s comparable to halftime during a football game. Look at results from the first half and make the necessary adjustments to win the game. Here are some specific areas to include during a halftime analysis. Asset Allocation Many investors forget to … [Read more...] about Summer Review: Taking a look at the complete financial picture
Often lost in the debate over the Patient Protection and Affordable Care Act (PPACA) — the sweeping health care “reform” legislation popularly known as ObamaCare — is the impact it will have on education, public safety and other public services as health insurance subsidies begin to consume a greater share of state spending. Congressional Democrats claimed, when passing … [Read more...] about ObamaCare will Squeeze Education, Other Needs: Nevada Medicaid commitments on track to crowd out alternative priorities
Las Vegas The Las Vegas Valley industrial market slowed to a level not seen in several years. The vacancy rate edged up slightly to 18 percent as 135,600 square feet of negative net absorption was reported during the second quarter. For comparison purposes, the vacancy rate is up 13 basis points from the previous quarter (Q1 2011) and up 1.8 percentage points from the same … [Read more...] about Industrial Summary: Second Quarter 2011
The pace of U.S. economic growth slowed noticeably in first quarter 2011, with real GDP growth slowing to 1.9 percent at an annualized rate—a considerably weaker pace than the 3.1 percent figure posted in fourth quarter 2010. Providing evidence of continued economic weakness into second quarter, U.S. nonfarm employment rose by only 25,000 jobs (seasonally adjusted) in May and … [Read more...] about August 2011: Business Indicators
“Governor Kenny Guinn. As many successes as he had throughout his life – personal and professional - he never lost track of where he had come from; he treated everyone with respect. In a time when it is difficult to find true mentors and leaders, Kenny was the definition of class and sincerity.” Chris Ferrari • President, Ferrari Public Affairs George Maloof: “I’ve worked … [Read more...] about What notable Nevada figure do you most admire and why?