Identity theft is one of the fastest growing crimes in the United States, affecting millions of Americans each year. It occurs when someone wrongfully obtains and uses another person’s identifying information to commit fraud or unlawful criminal activities. An identity thief may obtain credit, bank accounts, loans, leases, government benefits and services, or employment as … [Read more...] about Protect Yourself from Identity Theft: Safeguarding Your Assets
Industrial Summary: Second Quarter 2009
Las Vegas The Las Vegas Valley industrial market reported its highest vacancy rate in history through the second quarter of 2009. With nearly 12.3 million square feet of vacant industrial property, market-wide vacancies reached 12.0 percent of inventory, which exceeded the previously recorded high of 11.4 percent in the third quarter of 2002. The vacancy rate jumped from … [Read more...] about Industrial Summary: Second Quarter 2009
November 2009: Business Indicators
The recession continues. Business contraction has sent unemployment rates to the highest levels in decades. In Nevada the unemployment rate is at 13 percent, compared with a national rate of 9.8 percent. Since job markets lag during economic recovery, more job losses are expected. It would not be out of order to believe that the U.S. rate will reach 10.5 percent and the … [Read more...] about November 2009: Business Indicators
Who do you think is Nevada’s most effective politician? Why?
“Oscar Goodman, a straight shooter who seems to get things done.” Richard M. Haddrill • Chief Executive Officer, Bally Technologies "Effective is a very tricky word." Jim Annis • President, The Applied Companies “Are there any?” Deborah Danielson • CFP, CPS, MSFS, President, Danielson Financial Group “Councilman Barlow [City of Las Vegas] is not afraid of … [Read more...] about Who do you think is Nevada’s most effective politician? Why?
The Tax Effect: How the New Business Taxes Will Effect Nevada Businesses
Everyone in the state saw it coming, but that didn’t make it any easier. As legislators entered the 2009 session, they faced a biennial revenue shortfall of $2.4 billion. Governor Gibbons’ proposed budget still fell short by $1.6 billion. And while he vowed to veto any tax increase, legislators, ultimately, felt that they had no choice. They passed several new taxes that … [Read more...] about The Tax Effect: How the New Business Taxes Will Effect Nevada Businesses
20/20 Visionaries
Nevada has always been a state that fosters business and encourages innovative thinkers. Nevada Business Magazine’s annual 20/20 issue includes 20 visionaries that have exhibited foresight in their businesses and have made the current economic climate work for them. They see the good in a bad situation and turn downturns into opportunities. These executives don’t look at … [Read more...] about 20/20 Visionaries
Industry Focus: Education
Executives representing educational institutions recently met at the law offices of Holland & Hart in Las Vegas to discuss issues facing education in Nevada. Education in this state is often a hot topic of discussion and is even more so in these economic times. Connie Brennan, publisher of Nevada Business Magazine, served as moderator for this monthly event that brings … [Read more...] about Industry Focus: Education
Michael J. Uboldi: Saint Mary’s Regional Medical Center & Health System
President & CEO Reno, NV Number of Employees: 4,000 Years in Nevada: 2 Years with Company: 2 What is your best business advice? If you can conceive it and believe it, you can achieve it. How do you retain your best and brightest employees? By letting them know they are valued through actively listening, communicating the truth and demonstrating your … [Read more...] about Michael J. Uboldi: Saint Mary’s Regional Medical Center & Health System
Is Nevada’s education system underfunded? YES! or NO!
Daniel Klaich vs. Patrick Gibbons Daniel Klaich is the chancellor for the Nevada System of Higher Education, and argues that the answer is yes. State funds to public institutions are declining in most states, including Nevada. As a result of Nevada’s economic downturn, for the first time in many years, the Nevada System of Higher Education (NSHE) saw a decline in state … [Read more...] about Is Nevada’s education system underfunded? YES! or NO!
Get Centralized: Advancing Telecommunications Through New Technologies
Technology is evolving at a faster rate than ever before; it is literally revolutionizing the way we do business. The “new now” is upon us and businesses cannot afford to be caught on the wrong side of the widening gap of technology. Centralizing the intelligence of your telecommunications to a hosted PBX is the key to staying ahead of the curve. So, what does this mean to … [Read more...] about Get Centralized: Advancing Telecommunications Through New Technologies
October 2009: Around the State
Capitol Bancorp Announces Planned Consolidations of Nevada Banks Pending regulatory approval, Bank of Las Vegas, Black Mountain Community Bank, Desert Community Bank and Red Rock Community Bank will consolidate and operate as one charter, Bank of Las Vegas. CHMS Announces Letter of Intent to Acquire Energy Operations CHMS d.b.a. Hybrid Energy Holdings, a Reno based company, … [Read more...] about October 2009: Around the State
Risk Management: An Integral Part of Successful Business
A key component of business today is the importance of risk management. As the Valley grows, so do the challenges companies face in managing business. Risk management became an essential part of the new business environment. The main goal of risk management is to aid companies in implementing loss control strategies that will ultimately help reduce their escalating cost of … [Read more...] about Risk Management: An Integral Part of Successful Business
The Truth Will Set You Free: Knowledge about use of tax dollars is essential to freedom
Could you imagine signing an agreement for a major purchase such as a house or car without even knowing the price? If you ran a business, would you agree to take on new employees without knowing what you would pay them? The truth is you’ve probably done these things most of your life without realizing it. As a taxpayer, you share in the cost for hiring and firing all public … [Read more...] about The Truth Will Set You Free: Knowledge about use of tax dollars is essential to freedom
Construction Labor: Unions Adjust to the Recession
With the unemployment rate in Nevada continuing to hover around 12 percent, more and more union construction workers are finding themselves on the bench. “I’m guessing almost 15,000 union people are unemployed {in Clark County},” says Richard Rizzo, vice chairman of Perini Building Company, the primary contractor for CityCenter. Although CityCenter currently employs around … [Read more...] about Construction Labor: Unions Adjust to the Recession
Retail Summary: Second Quarter 2009
Las Vegas During the second quarter of 2009, the Las Vegas commercial retail sector in Southern Nevada remained weak as tenants vacated more space than they moved into, a trend that has prevailed for three consecutive quarters. The amount of occupied space (46.3 million square feet) is at its lowest level since the third quarter of 2007; with nearly 4.5 million square feet … [Read more...] about Retail Summary: Second Quarter 2009