Although more than 79 percent of people in the United States identify themselves as Christians, there’s a growing body of evidence that the media and the government, including the military, are doing their best to turn Americans against Christianity. TV comedians and shows like The Simpsons regularly mock Christians, and Saturday Night Live even aired a “comedy” skit … [Read more...]
Archives for October 2013
The Cyber State: Nevada’s Burgeoning Technology Industry
The Brookings Report; Unify, Reorganize, Diversify: An Economic Development Agenda for Nevada, commissioned by the Governor’s Office of Economic Development in 2011, identified seven industry clusters Nevada should develop, specifically naming the technology and aerospace industries. In 2013, many in those industries are looking at and locating in, Nevada. Tech Comes to … [Read more...]
Franchising: A Rapid-Growth Business Model
Since 1985, Reno-headquartered franchisor, Port of Subs Inc., has sold licenses to entrepreneurs to independently own and operate its made-fresh-to-order sandwich shops, in accordance with the brand and the parent companies’ wishes. Today, the corporation has 108 franchisees in addition to 35 of its own locations, spread throughout the western U.S., and it continues to expand. … [Read more...]
Industry Focus: Bankers
The past several years have brought many changes to the banking industry including new security threats, a distressed market and changing customer expectations. Nevertheless, the industry works to push through these issues and carry on into the future. Recently, executives representing banking met at the Las Vegas offices of City National Bank to discuss what the future of … [Read more...]
Manufacturing in Nevada: Focus on Education, Jobs and the Future
No one with an eye on this state’s economic future should minimize the importance of manufacturing which, like so many business sectors in Nevada and nationwide, has taken a licking and kept on ticking. “The manufacturing sector is still reeling from the recession,” says Frank Woodbeck, director of the department of Employment Training and Rehabilitation (DETR) for the State … [Read more...]
Builders & Developers: Resurgence in the Market
Commercial builders and developers in Nevada are moving ahead – not as robustly as they would like, to be sure – with projects in a variety of segments. John Restrepo, the principal of RCG Economics LLC in Las Vegas, has observed that Southern Nevada’s three major commercial markets – industrial, office and retail – are “moderately improving, although the overall numbers and … [Read more...]
October 2013: Around the State
UNR Establishes New Minor for College of Engineering The University of Nevada, Reno (UNR) has combined the studies of robotics, computer science and mechanical design by establishing a minor in Unmanned Autonomous Systems (UAS) in the College of Engineering. A UAS is defined as a high-tech, intelligent machine capable of traveling by air, land or sea without a human crew on … [Read more...]
Can Hollywood be ‘Caged’ in Nevada? Film-tax credit drew big-name supporters, but has shaky track record
He began: “My name is Nicolas Cage, and I am an American filmmaker.” On May 7th of this year, Cage appeared before a legislative committee to ask it to implement a film-tax credit in the State of Nevada. He argued that the lack of these tax credits was the only thing holding back a deluge of producers coming into the Silver State to build movie studios and film movies. … [Read more...]
Promilla Mohan: Davidson’s Organic Teas
Director Sparks http://www.davidsonstea.com/ How did you first get into your profession? My grandfather started the organic tea movement in the 1920’s followed by my dad. We were all raised in the tea farms in Darjeeling and tea was an integral part of our lifestyle. We started tea parties at the age of 2 and would pick our very own fresh tea leaves from the farm and … [Read more...]
Ann Louhela: Western Nevada College
Project Director Fallon http://www.wnc.edu/ How did you first get into your profession? I work for Western Nevada College on a grant-funded program to diversify, expand and increase recognition for the contributions of Nevada agriculture. I am an event manager by trade and first started working with farmers 10 years ago when I was an event manager for the City of Sparks … [Read more...]
Bryce Kunimoto: Holland & Hart, LLP
Litigation Partner and Diversity Committee Chair Las Vegas http://www.hollandhart.com/ How did you first get into your profession? I was inspired to enter the legal field after hearing stories from my American born-grandparents, both U.S. Citizens, who were interned during World War II at a Japanese internment camp in Idaho. I was optimistic that if one day I became a … [Read more...]
New Tangible Property Regulations: Tax Deduction Opportunities and Potential Pitfalls
The new tangible property regulations from the IRS are some of the most dramatic tax law changes to affect businesses since the 1986 Internal Revenue Code overhaul. These rules are complicated and require immediate action from all businesses that own tangible property, as they are effective now. Lack of action could mean lost opportunity to take advantage of these rules to … [Read more...]
Nevada Real Estate & Development Report: October 2013
Projects Henderson, 89052 Hospital Burke Construction has begun construction on the Seven Hills Behavioral Institute Expansion project. Plans for the project include the conversion of an existing one story, 15,000 SF office building to an institutional occupancy building. Upgrades will provide additional space for 36 new inpatient psychiatric beds located within two nursing … [Read more...]
Retail Summary: Second Quarter 2013
Southern Nevada The retail market continued to report stabilizing conditions in the second quarter of 2013 as vacancies improved. The vacancy rate fell to 9.8 percent during the second quarter, down 30 basis points from the prior quarter. Compared to a year ago, the rate reported a more substantial decline of 90 basis points. The second phase of Desert Marketplace was the only … [Read more...]
October 2013: Business Indicators
Revised estimates for second quarter 2013 show U.S. real gross domestic product increasing at an annualized rate of 2.5 percent, an improvement over the 1.7 percent growth first reported. Federal government spending made negative contributions. Personal consumption expenditures, private inventory investment, business fixed investment, residential investment and state and local … [Read more...]
Is Nevada’s Recession Over?
“Yes. The pendulum is swinging back in a positive direction. Get ready... good things are happening now and it’s about to get fun again!” Mike Mixer • Managing Partner, Colliers International – Las Vegas - “We see promising signs that the recession is over and the economy is on a sustainable upswing. Certainly, there are challenges that remain, but our clients are … [Read more...]
