Even the owner of the tiniest shop knows this feeling: The shelves are full of brand-new inventory, but buyers are slow to take advantage, even after some aggressive price-cutting. Credit unions across Nevada find themselves in a similar boat these days. Inventory, which for them is money available to loan, has been pouring into credit unions for the past six months as … [Read more...] about Qualified Borrowers Wanted
Features
Industry FocusEducation
Education in Nevada right now is going through a trial by fire as teachers and administrators try to find the best way to continue teaching amidst a pandemic. From distance learning to increased gaps in student needs, 2020 has been a challenging year for educators. Recently, leaders in education met in a virtual roundtable, sponsored by City National Bank, to discuss their … [Read more...] about Industry Focus
NAIOP Southern Nevada 2020 “Shed Some Light” Virtual Bus Tour
NAIOP Southern Nevada’s Bus Tour Committee is pleased to present the 2020 Bus Tour (Virtual) Event. What a year 2020 has been! We know that everyone has felt some level of uncertainty in these unprecedented times, so we are pleased to be able to “Shed Some Light” on the current state of the Las Vegas commercial real estate market. Given the current environment, it … [Read more...] about NAIOP Southern Nevada 2020 “Shed Some Light” Virtual Bus Tour
Las Vegas Valley Water DistrictSupports Local Fire-Fighting Efforts
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
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
Behind the ScenesWith a U.S. Bank Goals Coach
When you think of the kinds of services offered by a bank, likely a goals coach isn’t something that comes to mind. U.S. Bank, however, began offering free goals coaching in Las Vegas last fall, helping customers identify milestones they want to reach in life – like saving to buy a house, starting their own business or something else entirely – and working with them to develop … [Read more...] about Behind the Scenes
How Does Nevada Stack Up2020
How does Nevada Compare to Other States in 2020? In previous years, annual reports showed a state more susceptible to U.S. economic ups and downs than others. When times were good, millions of tourists brought their money to Nevada, and the numbers showed a prosperous state that often led the nation in growth, despite chronic concerns about low rankings for … [Read more...] about How Does Nevada Stack Up
Private Education in NevadaOperational Changes
Parents in the U.S. have the right to choose the best form of education for their children. Choices include public and private schools, religious-affiliated and independent schools. According to the Nevada Department of Education (DOE), northern Nevada has 39 private schools with 4,012 students attending. Southern Nevada has 90 with 15,473 students enrolled. The student to … [Read more...] about Private Education in Nevada
Industry FocusSports
Nevada’s sports industry has received a major boost in the past few years with the addition of major sports teams like the Vegas Golden Knights and Raider’s football team. Unfortunately, that momentum came to an abrupt halt with the start of COVID-19 restrictions that effectively halted live sport events across the nation. As Nevada teams learn to navigate keeping attendees … [Read more...] about Industry Focus
Healthcare Heroes2020
Corporate Sponsor Southwest Medical, part of OptumCare, was founded in Las Vegas in 1972 and is Nevada’s largest multispecialty medical group. For nearly 50 years, it has provided experienced, compassionate, innovative and high-quality care to patients throughout southern Nevada. A healthcare provider that has been around that long knows that a community’s … [Read more...] about Healthcare Heroes
Commercial Builders in NevadaWeathering the Storm
Nevada’s commercial builders — the companies that build about everything except single-family houses — weathered the first months of the COVID-19 pandemic in passably good shape. But, questions linger about how well the industry will fare if the state’s economy remains weak into the early days of next year. After some bumps during the worst of the pandemic’s early days, most … [Read more...] about Commercial Builders in Nevada
U.S. Bank Keeps an ‘In-Person Feel’In Socially Distanced Times
Banks have been offering digital services for some time, but social distancing guidelines have accelerated behavior changes even further. At U.S. Bank, digital now accounts for more than three-quarters of all service transactions – up from 65 percent two years ago. While a routine transaction like depositing a check through a mobile app might be the first thing that comes to … [Read more...] about U.S. Bank Keeps an ‘In-Person Feel’
Las Vegas Valley Water DistrictInvested in the Future
When a severe drought first hit the Colorado River basin in 2000, the Las Vegas Valley Water District (LVVWD) joined other local water agencies to invest in forward-thinking plans and programs to protect the community’s water resources. Engineering a deep-water solution, the Southern Nevada Water Authority (SNWA) and its member agencies, including the LVVWD, initiated the … [Read more...] about Las Vegas Valley Water District
2020 Women to Watch
Outstanding in their fields, Women to Watch are leaders, influencers, business owners, executives and mentors. They are women that others look up to and respect for their history of success and perseverance. The 2020 class of Women to Watch personifies those characteristics. They’ve been through the ups and downs of Nevada’s economic landscape and through it alll have shown … [Read more...] about 2020 Women to Watch
Insuring BusinessGuidance Through Catastrophic Times
With a variety of product types depending on a business’ industry and needs, insurance can be confusing for many business owners and executives. “The reason you’re buying insurance is to provide protection from claims,” explained Brad Pearce, chairman, A&H Insurance. “So you want an insurance carrier that provides excellent claim service and excellent coverage.” That … [Read more...] about Insuring Business
Industry FocusMining
One of the first industries in Nevada, mining, has a rich history in the Silver State. Today, the industry is a far cry from the days of pickaxes and is one of the most high-tech fields in the world. Even so, mining is often misunderstood in Nevada by those not in the industry. Recently, mining executives came together for a virtual roundtable, hosted by Nevada Business … [Read more...] about Industry Focus