Renewable energy is all the rage in the halls of Congress and the Nevada Legislature. Lawmakers are pushing for higher and higher production quotas for the centrally planned electric utility industry. They would require government-controlled electric utility monopolies to produce greater shares of electricity through renewable energy sources such as wind or solar power. The … [Read more...] about Renewable Energy: Sporadic And Costly
Industrial Summary: Fourth Quarter 2008
Las Vegas The Las Vegas Valley industrial market continued its expansion, reaching 102.4 million square feet by the close of 2008. Inventory levels grew by 1.2 million square feet as a number of projects completed construction during the quarter, resulting in an annual expansion of 5.2 million square feet. The market’s expansion fell short of the 2007 new supply total of 7.2 … [Read more...] about Industrial Summary: Fourth Quarter 2008
May 2009: Business Indicators
The lyrics of Francis Paul Webster and the haunting melody of Maurice Jarre’s soundtrack from “Doctor Zhivago” say it best. It puts you in the right frame for seeing a way forward from the current economic travail. Yes, we find ourselves in an economic winter, but we will see an economic recovery, perhaps earlier, but hopefully by spring 2010. Hope will first appear in … [Read more...] about May 2009: Business Indicators
How has the social networking trend affected your business?
Dr. Darren Soong, Partner, The Gastric Band Institute, Las Vegas We recently added a blog to our website and started posting videos of our patients’ success stories on YouTube. Although these new tactics have not replaced our involvement with traditional media, it definitely has become an essential enhancement to our program. Holly Silvestri, Principal, The Ferraro Group, Las … [Read more...] about How has the social networking trend affected your business?
Reno Looks to the Future
Downtown Reno Remains “The Biggest Little City” Since Myron Lake built the first permanent bridge over the Truckee River on South Virginia Street in the 1860s, the heart and soul of Reno has remained in its downtown area. From its humble beginnings as a rough and ready trading center, the core of the “Biggest Little City” has survived the shifts of growth and change that at … [Read more...] about Reno Looks to the Future
Diane Fearon: Bank of George
President/CEO Las Vegas Number of Employees: 33 Years in Nevada: 30 Years with Company: Founded in 2007 Describe your leadership style: Lead by example and give people both autonomy and accountability. Choose employees who share a commitment to integrity and excellence. Best business advice: Take care of your employees and they will take care of your … [Read more...] about Diane Fearon: Bank of George
April 2009: Business Up Front
Corporate Travel Cuts May Hurt Business Recovery A new survey, by the U.S. Travel Association, of business leaders finds that while corporate travel budgets are often the first target of cost-cutting measures, a majority believe that companies who increase travel during an economic downturn will be better positioned to build competitive advantage. Nearly three-quarters (72%) … [Read more...] about April 2009: Business Up Front
Banking in Nevada
In a recent address to Congress, President Obama stated that Americans should know their money in U.S. banks is safe. He also stated that the country’s financial system needs to begin lending again. The challenge the banks face is the dueling requests of regulators, 1) lend money and 2) increase capital requirements; two diametrically opposed stances. At the core of the … [Read more...] about Banking in Nevada
Nevada’s Airports Build For the Future: Expansions continue despite reduced passenger volume
Americans have reduced their air travel due to higher ticket prices, long lines and congestion caused by security issues. However, the biggest culprit of reduced travel is the economy. Businesses, as well, have decreased their air travel expenditures as the economy stumbles and public opinion on corporate travel remains suspicious. In fact, Las Vegas passenger counts were … [Read more...] about Nevada’s Airports Build For the Future: Expansions continue despite reduced passenger volume
Industry Focus: Mining
Recently, executives from the mining and support industries gathered at the Reno offices of Holland and Hart, LLP. The mining industry in Nevada is being scrutinized by the Legislature as the state looks to increase its tax revenue. The group discussed how these challenges affect the industry and its supplier industries and what the future of mining in Nevada will look like. … [Read more...] about Industry Focus: Mining
Thomas G. Ryan: Lewis and Roca LLP
Partner Las Vegas, NV Number of Employees: 104 Years in Nevada: 10 Years with Company: 22 Describe your leadership style: I believe in developing relationships with my colleagues and with our clients. Within the firm, I try to promote free and frank discussion and encourage each person to express his/her opinions, concerns and goals. A better understanding of diverse … [Read more...] about Thomas G. Ryan: Lewis and Roca LLP
Shawn Danoski: Danoski Clutts Building Group
CEO Las Vegas, NV Number of Employees: 25 Years in Nevada: Native Years with Company: 9 Best Business Advice: Be yourself and treat others as you wish to be treated. How do you retain your best and brightest employees? Care about them and do things they will remember. What do you like most and least about your industry? Most is the opportunity to help … [Read more...] about Shawn Danoski: Danoski Clutts Building Group
Nevada’s Retail Markets: What’s Past is Prologue
Shakespeare once penned the words, “what is past is prologue,” which roughly translates into what’s already happened merely sets the scene for the truly important stuff. That is where Nevada finds itself with regard to its retail market; battered by the trends of the recent past and weary for what is to come. Since the beginning of 2008 some 7,300 retailers nationally are … [Read more...] about Nevada’s Retail Markets: What’s Past is Prologue
April 2009: Nevada Briefs
Study: Spending Increases In Nevada May Worsen Results Spending more public money on Nevada education, healthcare, public safety and transportation may actually lead to performance decreases in those areas, a new study finds. Nevada Policy Research Institute released the findings of a study in which they examined Nevada’s spending over the last 10 years and concludes “that tax … [Read more...] about April 2009: Nevada Briefs
Nevada Needs More Charter Schools: We can improve education and save money at the same time
Contrary to what some in the public education establishment regularly imply, charter schools in Nevada are public schools. Tuition is free and any student may be admitted regardless of race, religion, sex or academic ability. Typically, charter schools receive less money from the government per student than do traditional public schools, but, in return, are subjected to less … [Read more...] about Nevada Needs More Charter Schools: We can improve education and save money at the same time