In September of last year, Nevada State Senator Heidi Gansert was a guest columnist with Nevada Business Magazine. She explained how, in the last session, Democrats ignored the two-thirds supermajority constitutional requirement to pass two bills: SB 551 and SB 542. The first, SB 551 prevented the Modified Business Tax (MBT) from sunsetting as scheduled and made the higher rate … [Read more...] about Democrats & Legislative Council Bureau Running Amok
Archives for March 2020
A Look at EducationMoving at the Speed of Knowledge
A vibrant, diverse economy requires a trained, educated workforce. A trained, educated workforce capable of taking on the diverse needs of its community requires a system of education designed to meet the needs of individuals and institutions in that economy. “We have to ensure that students who come out of college have good written and verbal skills and can work … [Read more...] about A Look at Education
Everything Must GoBankruptcies in Nevada
Bankruptcies might not be hitting Nevada as hard as they were during and immediately following the Great Recession, but they’re still impacting the state’s economy. At the height of the recession’s bankruptcy fallout in 2009, 60,837 businesses filed in the U.S., according to the American Bankruptcy Institute (ABI). That number was down to 22,232 in 2018, the last full year … [Read more...] about Everything Must Go
Industry FocusTransportation
Nevada’s transportation industry has come a long way in the past several years. However, industry leaders are still challenged with meeting the needs of increased populations and moving people and products more efficiently. Recently, executives representing transportation in Nevada met at the Las Vegas offices of City National Bank to discuss industry challenges. Connie … [Read more...] about Industry Focus
Promises and PitfallsGovernment Projects in Nevada
As privately-funded construction booms around Nevada, projects from public agencies are adding fuel to the already hot market. But contractors eyeing big public works jobs in the pipeline find themselves dealing with new, sometimes troublesome rules. The stakes are high with a lot of big construction contracts in the pipeline. Follow the Funds A $347 million plan for … [Read more...] about Promises and Pitfalls
Philippe Ziade
Founder and Chairman of the Board, Growth Holdings Type of Business: Real Estate, Development, Technology, Hospitality, Construction, Architecture, InvestmentBased: Las Vegas, NVHails from: Lebanon Years Company Has Been in Nevada: 22Years with Company in Nevada: 22Employees with Company: 150 “Connecting Minds and Creating the Future” What was your first job? I … [Read more...] about Philippe Ziade
Forecasting Major Changes in HealthcareLooming Federal Mandates Will Significantly Impact Nevada Care Providers
In January, Nevada Business Magazine curated a thoughtful group of representatives in the state’s healthcare sector through its monthly industry roundtable. The discussion revealed what top thinkers in the healthcare space had to say about challenges and projections for Nevada healthcare in the coming years. In particular, Mason Van Houweling of University Medical Center … [Read more...] about Forecasting Major Changes in Healthcare
The Highest Sales Tax in the Nation Won’t Fix Nevada Education
Nevadans deserve an education system that actually works, not merely one that costs more money. Nevada already spends roughly $10,200 per student, an amount comparable to numerous states (and nations) that outperform us academically on a regular basis. And yet, the Clark County Education Association (CCEA) is convinced that a simple billion-dollar tax hike will, somehow, fix … [Read more...] about The Highest Sales Tax in the Nation Won’t Fix Nevada Education
Around the StateMarch 2020
Cure 4 the Kids and CCSD Debut Education Center The Cure 4 the Kids Foundation and the Clark County School District (CCSD) have partnered to open an education center. The center will help childhood cancer patients and others with catastrophic conditions maintain their educational progress during extended medical treatments. The center will be located in the same building as … [Read more...] about Around the State
Commercial RE ReportOffice Summary: Fourth Quarter 2019
Northern Nevada By Colliers International | Reno Office vacancy continued to decrease in Reno/Sparks, dropping to a very healthy 10.1 percent in the fourth quarter of 2019, down from 11.8 percent in the fourth quarter of 2018. After a sharp increase in vacancy in the first quarter of 2019, when it reached 13.1 percent, vacancy fell in every quarter thereafter. There … [Read more...] about Commercial RE Report
Business IndicatorsMarch 2020
The “advance” estimate of U.S. real gross domestic product (GDP) for the fourth quarter of 2019 grew at an annual rate of 2.1 percent for the second consecutive quarter. As a result, the U.S. economy expanded by 2.3 percent in 2019. Despite slowed consumer spending, the U.S. economy expanded, boosted by net exports, which rebounded strongly after two consecutive quarters of … [Read more...] about Business Indicators
Last WordWhat Business Book Would You Recommend to Others?
Victor Fuchs PresidentHelix Electric The Energy Bus by Jon Gordon “I highly recommend The Energy Bus by Jon Gordon. This book takes readers on an inspiring ride, re-enforcing the power of positivity and importance of teamwork, revealing the true accomplishments that both can lead to.” Michelle Bacigalupi Vice President & General ManagerJW Marriott Las … [Read more...] about Last Word