Income taxes usually represent an investor’s single-greatest investment cost. However, many individuals focus solely on their returns, not on how taxes are affecting those returns. Some investors don’t consider that the taxes they are paying on the dividends, interest and their investments’ realized capital gains can reduce the value of their portfolios. Tax-efficiency can … [Read more...] about Tax Efficient Investing Can Provide Added Wealth
June 2001: Nevada Briefs
Viking Freight Expands Reno/Sparks Center Viking Freight, Inc., a leading LTL (less-than-truckload) carrier, has expanded its Reno service center to increase its freight capacity and keep up with growth of the Reno/Sparks area as a major distribution hub. Thirty doors have been added to the facility, bringing the new total to 74 doors. Viking, a subsidiary of FedEx Corp., … [Read more...] about June 2001: Nevada Briefs
Special Events Draw Millions to Laughlin
Laughlin has emerged as one of the most active special events destinations in the Southwest. So far this year, the resort town on the banks of the Colorado River has hosted several major events and attracted thousands of participants and spectators. Last year, special events attendees made up a large portion of Laughlin’s 5 million visitors. The 2001 Laughlin special event … [Read more...] about Special Events Draw Millions to Laughlin
June 2001: Business Indicators
Having aggressively pushed interest rates upward to slow down an overheated stock market during the first half of 2000, the Federal Reserve retraced its steps in pushing interest rates down in 2001 to counter sagging stock prices. In early January 2001, the Federal Reserve changed its policy direction. It dropped the federal funds and the discount rates by 50 basis points on … [Read more...] about June 2001: Business Indicators
Living the Life of a Lobbyist: Chaos Management in Carson City
We are often asked exactly what lobbyists do each day. The simple answer: "Represent clients, testify on legislation, move bills along in the process or try to get them killed." The last few weeks of the Nevada Legislature are chaos. First and foremost, lobbyists can’t do their job unless they’re in the building. Legislators are extremely busy — chances are, if they’re not on … [Read more...] about Living the Life of a Lobbyist: Chaos Management in Carson City
How the Federal Budget Affects Nevada Businesses
For the first time since 1993, the United States Congress received a federal budget proposal from a new administration. In just the previous five budget cycles, we have gone from debating how to climb out of multi-billion dollar budget deficits, to this year’s debate, which focuses on an immediate $231 billion surplus, and a projected $5.6 trillion surplus over the next 10 … [Read more...] about How the Federal Budget Affects Nevada Businesses
High-Tech Companies Win eNevada Awards
More than 300 guests joined the Internet Business Alliance of Nevada (IBAN) in honoring the best and brightest of Nevada’s technology companies and supporters on May 12 at the eNevada Awards at the Hard Rock Hotel in Las Vegas. IBAN is a non-profit, statewide alliance of information technology, networking, communications and e-commerce businesses and their employees, suppliers … [Read more...] about High-Tech Companies Win eNevada Awards
Alere Medical Moves to Reno
To escape the high cost of property, soaring energy prices and an increasingly unfriendly business environment, a northern California health technology firm has set up its corporate headquarters in Reno. Alere Medical Inc. CEO Randall Burt has long had a home in Incline Village, but spent much of his time in San Francisco where the company was based. When Alere executives began … [Read more...] about Alere Medical Moves to Reno
AMEC: Mergers Provide Global Solutions
On January 2, 2001, AGRA Infrastructure Inc. officially became AMEC Infrastructure Inc., a subsidiary of the number one international design firm, AMEC plc, as ranked by Engineering News Record (June 2000). Their affiliated, sister company, AGRA Earth & Environmental, became AMEC Earth & Environmental, and together they became one of the largest international design … [Read more...] about AMEC: Mergers Provide Global Solutions
May 2001: Building Nevada Briefs
Plise Starts Work on Siena Office Park Plise Development and Construction (PDC) has started work on Siena Office Park, a 30-acre mixed-use development adjacent to St. Rose Hospital’s Siena campus in Henderson. The project will consist of seven Class A professional office buildings, which will provide 250,000 square feet of medical and office space. Potential tenants include … [Read more...] about May 2001: Building Nevada Briefs
May 2001: Business Briefs
SBA Announces Small Business Awards Julia Valdes, owner of Flowers2u.com, has been named Nevada’s Small Business Person of the Year for 2001 by the U.S. Small Business Administration (SBA). Her Web site, Flowers2u.com, was recently recognized by Newsweek magazine as "best of online." Valdes, shown here with her husband, José, is one of six Nevada winners of the state awards … [Read more...] about May 2001: Business Briefs
May 2001: Business Indicators
Clouds of uncertainty continue — some indicators showing weakness and others holding at favorable levels. Signs of weakness in the national economy include stock-market prices, down from the peak of a year ago; emerging concern about future disruptions in the supply of energy; and some manufacturing and dot-com layoffs. Some hype has been generated about declining financial … [Read more...] about May 2001: Business Indicators
May 2001: Business Up Front
Nine Marketing Myths According to John R. Graham of Graham Communications, "marketing seems to be shrouded in myths and misconceptions." Here are nine myths that can thwart successful marketing efforts: Marketing can be done on a shoestring. It’s often difficult to understand that marketing is an investment in the future of your company. Nobody expects accounting, … [Read more...] about May 2001: Business Up Front
Finding An Attorney: State Bar Acts as Matchmaker
A client injures himself at your place of business and files a claim. You fire an employee and find yourself faced with a wrongful termination lawsuit. Or, your company has grown and you need to obtain legal representation to negotiate the ins and outs of a public stock offering. You know you need a lawyer, but how do you find one who is competent and a good match for your … [Read more...] about Finding An Attorney: State Bar Acts as Matchmaker
Nuclear Politics: “No more NUKES!… no more NUKES!”
The United States’ energy sources are running low. The sun and stars are seemingly inexhaustible sources of energy. That energy is the result of nuclear reactions, in which matter is converted to energy. Presently, nuclear energy provides for approximately 16 percent of the world’s electricity. Unlike stars, today’s nuclear reactors work on the principle of nuclear fission. … [Read more...] about Nuclear Politics: “No more NUKES!… no more NUKES!”