Name: R. Michael Lee Title: Owner/President Company: Lee Bros. Leesing, Inc. Location: Reno Type of Business: Automotive Leasing, Sales & Equipment Years in Nevada: Native (48 years) Years with Company: 25 Biggest Business Challenge: Going from a handshake to a contract - Reno used to be a small town. Growing with and functioning in the information … [Read more...] about October 2001: Face to Face
All in the Family: Family Businesses Saluted at Gala
Five Southern Nevada firms were selected for top honors at the first annual 2001 Nevada Family Business of the Year Awards Gala, held on September 8 in Las Vegas. The event, hosted by the Nevada Business Journal and supported by corporate sponsors, was held at the conference center at the Texas Station Gambling Hall & Hotel. A separate event to honor Northern Nevada … [Read more...] about All in the Family: Family Businesses Saluted at Gala
Candidates, Start Your Political Engines: Getting Ready for the 2002 Race
Some call it the Kenny Guinn effect. Others attribute it to the tremendous growth in Nevada and the wealth of opportunities that success represents. Whatever the cause, elected officials are making decisions about their political futures earlier than ever before. Prior to Governor Guinn making public his intention to run a year and a half before the 1998 gubernatorial race, … [Read more...] about Candidates, Start Your Political Engines: Getting Ready for the 2002 Race
Guys and Dolls Meet Nerds: Nevada Officials Ponder Internet Gaming
Imagine a business capable of increasing profits by as much as 50 percent in one year. Imagine stock prices and shareholder earnings from that same company posting record high gains. Imagine hundreds, if not thousands, of new high-tech, hotel administration and casino jobs being created overnight. Imagine generating more than $400 million in taxes – about 10 percent of Nevada’s … [Read more...] about Guys and Dolls Meet Nerds: Nevada Officials Ponder Internet Gaming
Education, Screening & Treatment: Komen Foundation Fights Breast Cancer
The Susan G. Komen Breast Cancer Foundation was established in 1982 by Nancy Brinker to honor the memory of her sister, Susan G. Komen, who died from the disease at the age of 36. The Komen Foundation is the nation’s leading private funder of breast cancer research and community programs concerning breast cancer education, screening and treatment projects. In Nevada, the … [Read more...] about Education, Screening & Treatment: Komen Foundation Fights Breast Cancer
A Dangerous IRS Notice: Seizure of Your Property
Does the IRS have the right to take your property? You bet they do. If the IRS sends you a "Final Notice and Intent to Levy" letter and you do not respond by calling or writing them a note of appeal, the IRS has the right to seize your property. It can take your hard-earned money from your bank account and/or force you or your employer to hand over most of your wages. The IRS … [Read more...] about A Dangerous IRS Notice: Seizure of Your Property
October 2001: Nevada Briefs
LST Investments Acquires Clayton Mortgage Clayton Mortgage, a Las Vegas mortgage brokerage firm, was recently purchased by LST Investments LLC. Principals of LST Investments are (from left) Michael Saltman, Jerry Trenberth and Laura Clayton Lychock. LST bought the company from CDR Corporation, owned by Lychock’s father, Bob Clayton. Saltman and his company, The Vista Group, … [Read more...] about October 2001: Nevada Briefs
FUNDRAISING IN THE NEW ECONOMY: Non-Profits Use Creative Methods to Attract Donors
"I’m my favorite charity," is the response many non-profit agencies are hearing since the economy has slowed. "Charity begins at home." Potential and current donors are now faced with job insecurity because of downsizing, layoffs and forced early retirements. In addition, families have fewer discretionary dollars due to the higher cost of employee benefits, coupled with salary … [Read more...] about FUNDRAISING IN THE NEW ECONOMY: Non-Profits Use Creative Methods to Attract Donors
Swords into Plowshares: Artists Invited to Join Mineral County Project
Aptly named, Mineral County contains rich deposits of gold, silver, copper and other minerals, and is dotted with mining communities, some surviving only as ghost towns, others hanging tough in the 21st century. Mineral County has 300 hotel and motel rooms available for weary travelers making the long journey between Northern and Southern Nevada and for visitors interested in … [Read more...] about Swords into Plowshares: Artists Invited to Join Mineral County Project
October 2001: Business Indicators
Stock-market analysts continue to speak in terms of a recession. Stock-prices indexes are down substantially from the peak of 2000. The overall U.S. economy, however, continues to grow, though at a modest rate. The official definition of a recession requires two quarters of decline of the overall economy. As of the second quarter 2001, the U.S. Gross Domestic Product, adjusted … [Read more...] about October 2001: Business Indicators
NEW INSURANCE FRAUD LAWS: HELP FIGHT WHITE COLLAR CRIME
The 2001 Nevada Legislature passed two bills aimed at fighting insurance fraud. Assembly Bill (AB) 134 increased funding for the Nevada Attorney General’s Insurance Fraud Unit (IFU) and AB 135 gave the IFU primary jurisdiction to prosecute insurance fraud. The bills were co-sponsored by Assembly Speaker Emeritus Joseph E. Dini, Jr. and current Assembly speaker, Henderson Police … [Read more...] about NEW INSURANCE FRAUD LAWS: HELP FIGHT WHITE COLLAR CRIME
Nevada Goes to Wall Street: The State’s Top 25 Public Companies
This month we feature the top 25 publicly-traded companies headquartered in Nevada. These firms are traded on the New York Stock Exchange, the National Association of Securities Dealers automated quotations (NASDAQ) composite index or the American Stock Exchange. The first list shows the largest companies, ranked by revenue as declared in the annual report filed for their 2000 … [Read more...] about Nevada Goes to Wall Street: The State’s Top 25 Public Companies
Carson-Tahoe Hospital Prescribes Change: New Management, New Site, New Status
After 52 years of serving the residents of Carson City and the surrounding region, Carson-Tahoe Hospital (CTH) is calling upon its roots to improve its offerings. Not only has CTH long been the hospital of choice for residents of Carson City, Carson Valley, South Lake Tahoe and surrounding areas, but it has developed a reputation as one of the most desirable employers in Carson … [Read more...] about Carson-Tahoe Hospital Prescribes Change: New Management, New Site, New Status
Office Space Projects Continue: Nevada Developers Bullish on Office Market
With Nevada looking more attractive to the corporate world, office parks are on the rise in both the Reno and Las Vegas areas. Several projects are scheduled for completion in the next two years, in order to meet the demand for office space. Developers say the low cost of doing business in Nevada, plus recent energy problems in California, are factors in corporations’ decisions … [Read more...] about Office Space Projects Continue: Nevada Developers Bullish on Office Market
September 2001: Building Nevada Briefs
Harsch Expands Chinatown Plaza Harsch Investment Properties has begun renovation on The Center at Spring Mountain, located on Spring Mountain Road adjacent to Chinatown Plaza in Las Vegas. The three-building, 385,000-square foot center will more than double the size of Chinatown when its façade is reconstructed with an Asian architectural design. WPH Architecture Inc. served … [Read more...] about September 2001: Building Nevada Briefs