In October, thousands of faxes and e-mails were sent to businesspeople across Nevada, asking them to participate in a search for the "Best of the Nevada Business," in categories ranging from "Best Boss" to "Best Computer Geek" to "Most Fun Place to Work." Responses poured in, especially in the "Best Boss" category, which seemed to inspire reactions from many employees who felt … [Read more...] about The Best of Nevada Business: Recognizing Our Unsung Heroes
Investing in Southern Nevada: SCI Purchases Retail Properties
Los Angeles-based SCI, a diversified real estate investment company, has purchased a total of 10 commercial properties in the Las Vegas Valley during the past 12 months, increasing its Las Vegas portfolio value to more than $60 million. In early 2001, through a partnership with RDS/Insight, SCI acquired BrookHollow Corporate Center, a 6.8-acre corner parcel consisting of … [Read more...] about Investing in Southern Nevada: SCI Purchases Retail Properties
January 2002: Building Briefs
Work Begins on Hoover Dam Bypass Engineers from AMEC’s Earth & Environmental operations have started to conduct geologic mapping and a geotechnical assessment for an alternative crossing of the Colorado River near Hoover Dam. The new crossing will feature a four-lane divided highway and a 1,900-foot bridge that will bypass the narrow and heavily congested U.S. 93 crossing … [Read more...] about January 2002: Building Briefs
January 2002: Business Indicators
The economic fallout from the September 11th terrorist attacks now appears in key data series, revealing both anticipated and unusual changes. Unemployment rates moved upward as anticipated, increasing most notably for Clark County (Las Vegas Metropolitan Area) from a pre-attack level of 5 percent to a post-attack level of 6.7 percent. With air travel halted and the attention … [Read more...] about January 2002: Business Indicators
January 2002: Business Up Front
Small Business Bearing Burden of Federal Regulations A new study shows federal regulations cost U.S. businesses $497 billion in 2000, with these expenses falling disproportionately on small business. The study, entitled The Impact of Regulatory Costs on Small Firms, was produced under contract with the advocacy division of the Small Business Administration (SBA). While federal … [Read more...] about January 2002: Business Up Front
DMV-Gotcha Again!
Most people know the state requires all drivers to carry liability insurance on their vehicles. This is a good thing, as anyone who’s ever been injured by an uninsured driver can tell you. Responsible car owners shouldn’t object to carrying liability insurance, and we expect the state to be able to enforce the regulations it sets up. However, the Department of Motor Vehicles … [Read more...] about DMV-Gotcha Again!
Foundation for Positively Kids: “Caring for Kids Positively”
The Foundation for Positively Kids, along with the medical community in Southern Nevada, have identified the need for a pediatric skilled nursing facility (PSNF) in Clark County. No such facility exists anywhere in Nevada. Instead, medically fragile children are often placed in adult nursing homes where their specialized needs are unmet. Worse, seriously ill children are being … [Read more...] about Foundation for Positively Kids: “Caring for Kids Positively”
Hangin’ Out at the Gym: Expert Advice on Keeping Your New Year’s Resolutions
The average American adult gains eight pounds between Thanksgiving and New Year’s Day, according to Craig Lamour, health and fitness director at Double Diamond Athletic Club in Reno. Add to that all the breakfast meetings, cocktail parties and power lunches an executive enjoys during the course of the year, candy bars eaten to offset workplace stress and the cruise taken to … [Read more...] about Hangin’ Out at the Gym: Expert Advice on Keeping Your New Year’s Resolutions
January 2002: Face to Face
Name: Jimmy Pettyjohn Title: President Company: The Jimmy Pettyjohn Group (JPG) Location: Las Vegas Type of Business: A full-service benefits, human resources and risk management company Years in Nevada: 18 Years with Company: 15 Biggest Business Challenge: During the last three years, our business base has more than doubled. As our firm continues … [Read more...] about January 2002: Face to Face
Weathering Economic Storms: Financial Industry Review and Preview
Despite a steep downward turn in the national and state economies in 2001, Nevada’s banking and financial industry managed to hold its own for the year. While casino giants and small retailers were facing massive budget cuts and widespread layoffs following the terrorist attacks on September 11, many banking executives reported 2001 was a solid year for the financials. Nevada’s … [Read more...] about Weathering Economic Storms: Financial Industry Review and Preview
Investments change over the years: But equities still remain a staple
Investing for the future and retirement was simple and easy during your grandfather’s lifetime: buy a few good rock-solid, dependable stocks like Studebaker, Westinghouse or A&P grocery stores, sock a few bucks away each week in that savings account paying 3 percent compound interest down the block at the neighborhood S&L, and maybe help out Uncle Sam occasionally by … [Read more...] about Investments change over the years: But equities still remain a staple
Merging onto the Road to Success: MassMedia Joins with Vanguard
When public relations firm MassMedia merged with Salt Lake City-based Vanguard Media in March of this year, the agency known primarily as a public relations firm was thrust into a new level that included niche marketing and public and government work. Within months of the merger, MassMedia|Vanguard announced it had landed the $400,000 advertising and public relations account … [Read more...] about Merging onto the Road to Success: MassMedia Joins with Vanguard
Master-planned Communities in Nevada: Planning for Continued Success
Nevada homebuyers are eagerly embracing the concept of master-planned communities, and the aging of the baby boom generation ensures their continued attractiveness into the near future. "A few short years ago [master-planned communities] were less than 10 percent of the new home market. Now, we’re getting close to 20 percent," declared Tom Warden, vice president of marketing … [Read more...] about Master-planned Communities in Nevada: Planning for Continued Success
IT’s BAACK! The Return Of Interest Rate Volatility
On October 31, 2001 the U.S. Treasury announced it will no longer auction a 30-year treasury bond. This will have a major impact on many markets, as this security is considered the benchmark by which all long-term rates are measured. For example, 30- year mortgage rates are benchmarked off the 30-year treasury bond. With this security being eliminated, the mortgage market will … [Read more...] about IT’s BAACK! The Return Of Interest Rate Volatility
January 2002: Nevada Briefs
Krispy Kreme Madness Comes to Reno Reno High cheerleaders and the McQueen High School band entertained at the grand opening of Reno’s first Krispy Kreme doughnut store on December 11. Reno Mayor Jeff Griffin and Harry York of the Reno-Sparks Chamber of Commerce helped owner Lincoln Spoor officially cut the ribbon at 6 a.m. The first doughnut fans began lining up at 4 p.m. on … [Read more...] about January 2002: Nevada Briefs