Stock-market volatility and declining share prices would, other things being equal, suggest economic weakness. Wall Street activity, however, does not always reflect economic fundamentals on Main Street. Indeed, despite falling stock-market indexes since March 2000, overall U.S. economic activity remains generally healthy with the latest unemployment rate (February 2001) at 4.2 … [Read more...] about April 2001: Business Indicators
April 2001: Business Up Front
JUST SAY THANKS A simple "thank you" still goes a long way in motivating employees, according to a recent survey of financial executives conducted by the Accountemps staffing service. Thirty-eight percent of those polled said that, other than monetary rewards, frequent recognition of accomplishments is the best way to encourage staff members. Frequent communication ranked a … [Read more...] about April 2001: Business Up Front
Managing Nevada’s Water Resources: Engineering Company Making Strides with Water Reuse
Like many areas throughout the country, Nevada is faced with a growing population and limited water resources. Helping public agencies manage water resources in a responsible manner, while balancing both community and environmental needs, has been a cornerstone of Carollo Engineers’ business since 1933. The company recently teamed with water resource managers in Northern Nevada … [Read more...] about Managing Nevada’s Water Resources: Engineering Company Making Strides with Water Reuse
Paying for Bill Clinton’s Golden Parachute
"Politicians have built themselves a golden parachute. The only problem is, it’s our gold that’s paying for it." --Libertarian Party Chairman Steve Dasbach. Want to become a multi-millionaire? Just get elected to Congress and then retire. Better yet, get elected President and take advantage of a pension that, in Bill Clinton’s case, is estimated to amount to at least … [Read more...] about Paying for Bill Clinton’s Golden Parachute
Putting Out the Welcome Mat: Tourism Agencies Lure Visitors
On the Road in the Rurals Lt. Gov. Lorraine Hunt is taking her act on the road this year — literally. Hunt, who serves as chair for the Nevada Commission on Tourism (NCOT), is packing her bags and hopping aboard a Winnebago. The spunky lieutenant governor is going mobile in an effort to attract more RV drivers to the Silver State and boost travel and tourism in Nevada’s … [Read more...] about Putting Out the Welcome Mat: Tourism Agencies Lure Visitors
April 2001: Face to Face
Name: Leah Bryant Title: Division President Company: KB Home Location: Las Vegas Type of Business: Homebuilder: The Las Vegas division of KB Home (formerly Kaufman and Broad) is the largest homebuilder in Nevada, delivering 3,013 homes in 2000. Years in Nevada: 25 Years with Company: 22 Biggest Business Challenge: In January 1999, Kaufman and Broad … [Read more...] about April 2001: Face to Face
What to Expect if You Miss the Tax Filing Deadline
You probably have a lot of deadlines in your life, but some of them are more important than others. You tell your daughter to finish her homework by 8 p.m. — but you’re willing to stretch it out. You vow to get the basement cleaned before the weekend is over — but you know you’re kidding yourself. However, when the IRS sets a deadline of April 16, 2001 for you to file your … [Read more...] about What to Expect if You Miss the Tax Filing Deadline
Frequently Asked Questions About Nevada Employment Law
Q: At the time of hire, each new employee signs a receipt for our Policy Manual, which provides that any employees handling cash who are short in their bank may have the amount of that shortage deducted from their paycheck. Is this permissible under Nevada law? A: Nevada law permits deductions from employee wages only where the deduction is "authorized by written order of an … [Read more...] about Frequently Asked Questions About Nevada Employment Law
Eureka: Loneliest Town on the Loneliest Road in America
Far out on The Loneliest Road in America you’ll find Eureka, one of Nevada’s most picturesque 19th century silver mining towns and once the state’s second largest city. Steeped in Nevada’s colorful history, and possibly the best-preserved mining town, Eureka uses its relative isolation as an attraction. After Life magazine called U.S. 50 "The Loneliest Road in America," Eureka, … [Read more...] about Eureka: Loneliest Town on the Loneliest Road in America
RetailOne: Reno Brothers Make It Big
In 1977, Don Baldwin, a local Reno grocer and owner of Warehouse Markets, had only one task to offer the two eager brothers asking for jobs: "Retrieve my shopping carts." The young men, both of whom were still in high school, accepted. Between classes and football practice, they began not only retrieving shopping carts with their grandfather’s borrowed truck, but over time also … [Read more...] about RetailOne: Reno Brothers Make It Big
Crunch Time at the Capitol: Legislators Deal with Mandated Deadlines
Most of us are used to deadlines — we live with them everyday. But deadlines weren’t introduced to the Nevada Legislature until 1999. The imposition of a 120-day session, with its accompanying deadlines, has dramatically changed the way things operate in Carson City. Before 1999, the Legislature at times lasted from Martin Luther King Day in January through the Fourth of July. … [Read more...] about Crunch Time at the Capitol: Legislators Deal with Mandated Deadlines
Glassic Art: The Artist as Business Owner
The Business: Glassic Art, a home-based operation in Las Vegas that creates decorative glasswork for residential clients. The Players: Leslie Rankin is sole owner and founder of the business. Duane Brady is production manager in charge of installing the glasswork. The Background: Rankin, who graduated from the University of Utah 20 years ago with a degree in fine arts, … [Read more...] about Glassic Art: The Artist as Business Owner
Reaping the Benefits of Tax-Free Investing
As Ben Franklin once said, "Nothing in this world is certain but death and taxes." And, while taxes may be certain, they certainly aren’t predictable these days. Although many tax changes in the last decade were designed to simplify and reduce taxes for many individuals, the truth of the matter is that many people are still seeking ways to manage their taxable income. However, … [Read more...] about Reaping the Benefits of Tax-Free Investing
Legislative Challenge: Working Together to Solve Tough Problems
As a lifelong Nevadan who now has the honor of serving as speaker of the Nevada Assembly, I am very proud of our state. I am proud that Nevada has, over the past few years, become the envy of the rest of the country with our booming economy and attractive business environment. In a spirit of bipartisanship that our nation’s capital only talks about, our state Legislature has … [Read more...] about Legislative Challenge: Working Together to Solve Tough Problems
Having a BLAST! High-Tech Company Wins Competition
Accounting firm Grant Thornton LLP is having a blast, or more accurately, a BLAST!, an acronym that stands for Business Launch and Acceleration Services for Technology companies. A new venture aimed at early-stage technology firms, it combines benefits such as compensation planning, tax consulting, raising capital and information technology consulting services into one … [Read more...] about Having a BLAST! High-Tech Company Wins Competition