It has been 40 years since Las Vegas suffered the third deadliest fire in modern U.S. history when 85 people perished in a Las Vegas Strip casino fire. Less than three months later another deadly hotel fire occurred, spurring Nevada lawmakers to enact some of the toughest fire safety and building sprinkler regulations in the nation. Today, mandated fire sprinkler and … [Read more...] about Las Vegas Valley Water District
Archives for October 2020
Sisolak’s AgendaPartisan Politics at its Worst
Unfortunately, by now, I think we’ve all grown accustomed to partisan politics and amoral politicians using social issues to further their own political agenda. At no time has this practice been more prevalent, or more blatant, than in 2020. With a presidential election looming next month, it’s never been clearer that, when it comes to winning, many politicians will do whatever … [Read more...] about Sisolak’s Agenda
Economic Development in the Time of COVID-19Diversify, Grow, Survive or Thrive
“Before March 2020, Nevada led the country in producing new jobs,” said Jonas Peterson, president and CEO, Las Vegas Global Economic Alliance (LVGEA). “Our economic development plan was working, and our economy was consistently becoming more diverse.” Across the state, manufacturing, logistics, distribution, technology and healthcare sectors were growing. In February, Nevada’s … [Read more...] about Economic Development in the Time of COVID-19
Industry FocusBankers
From Paycheck Protection Program (PPP) loans to overnight advances in contactless transactions, 2020 has been an interesting and challenging year for bankers. Now, as they try to navigate changing customer and business needs, bankers are pivoting their services and interactions to reflect those changes. Recently, banking executives met in a virtual roundtable to … [Read more...] about Industry Focus
Iconic Women of Distinction Awards 2020
An Iconic History NAWBO Southern Nevada The mission of the National Association of Women Business Owners (NAWBO) Southern Nevada is to educate, empower and promote women business owners to experience success in all economic, political and social arenas. The organization provides informative and success driven monthly meetings which include time devoted to networking with … [Read more...] about Iconic Women of Distinction Awards 2020
Legal Opinions 2020Expert Knowledge for Nevada Businesses
Legal Opinions, a Nevada Business Magazine annual feature for nearly a decade, is a compilation of expert knowledge on a variety of topics. Written by attorneys, all of whom are highly educated on their featured topic, this special report is a one-stop resource for executives. Articles in the 2020 edition of Legal Opinions range from marijuana to politics and … [Read more...] about Legal Opinions 2020
Architects & EngineersRebounds and Changes
Like roadsters cruising across the desert at 80-something mph, Nevada’s architectural and engineering firms slammed hard on the brakes when the COVID-19 pandemic threw up a roadblock last spring. Now that traffic is moving again, some lanes are moving faster than others. Business is recovering at most firms, but executives don’t expect a full recovery until … [Read more...] about Architects & Engineers
Dr. Rob Valli
President, Sierra Nevada University Type of Business: EducationBased in: Incline VillageHails From: San Francisco, CA Years Co. has been in Nevada: 50Years with Company in Nevada: >1Employees with Company: 150 What was your first job? I’ve been blessed to have worked every day since age 16, when I was a busboy in my godfather’s restaurant. I was one of the few he … [Read more...] about Dr. Rob Valli
Which ‘Emergency Orders’ Should We Just Start Ignoring?
At what point do government mandates become so absurd and arbitrary, that it is socially acceptable to start ignoring them outright? Well, if governors keep acting the way they have throughout the coronavirus crisis, we might soon find out. From the beginning, the response to the pandemic has been a dramatic demonstration of just how capricious and arrogant politicians can … [Read more...] about Which ‘Emergency Orders’ Should We Just Start Ignoring?
Around the StateOctober 2020
GOED Approves Tax Abatements for Companies The Nevada Governor’s Office of Economic Development (GOED) Board of Directors has approved abatements for Lithium Nevada Corp. and Google that are expected to result in $1.1 billion in investments, the creation of 163 permanent jobs and 5,300 construction jobs. Google was approved for a 2 percent sales tax abatement for 20 years, … [Read more...] about Around the State
Commercial RE ReportRetail Summary: Second Quarter 2020
Northern Nevada By Dickson Commercial Group At the start of 2020, employment growth in Reno was among the highest in the nation. Due to COVID-19, the shutdown of many non-essential retailers has caused an impact on this growth. The Nevada Department of Employment, Training and Rehabilitation (DETR) says the state’s overall unemployment rate was at the highest in the … [Read more...] about Commercial RE Report
Business IndicatorsOctober 2020
The “second” estimate of U.S. real gross domestic product (GDP) for the second quarter of 2020 plunged by 31.7 percent at an annual rate, slightly better than the advance estimate of a 32.9 percent annual contraction. The upward revision reflected smaller declines in private inventory investment and personal consumption expenditure than previously thought. Overall, the … [Read more...] about Business Indicators
Last WordWhat Concerns You the Most About Next Month’s Election?
Brandon Davis CEOMNGR “What concerns me the most about next month’s election is the possibility that current legislators will be reelected, or new candidates get elected, that will attempt to impose new taxes on businesses and corporations to make up for revenue losses in 2020.” Ann Silver Chief Executive OfficerReno + Sparks Chamber of Commerce “I’m … [Read more...] about Last Word