Having some key indicators post double-digit growth, for example, gross gaming revenue, has been welcome news for Nevada's gaming and tourism economy. August numbers reveal a strong 11.28 percent increase measured year-overyear for the state. The Las Vegas Metro Area, Clark County, having increased room capacity about 10 percent, recorded a strong increase of 13.92 percent. … [Read more...] about December 1999: Business Indicators
Departments
At The Top
Among the myriad of vast and sweeping changes In Las Vegas are the skyline, the seemingly unlimited population growth, the ever-changing infrastructure and the evolving face of McCarran International airport, with its relatively new "D" terminal. A Related to and accompanying McCarran's newest terminal is a new airline, National Airlines, led by America West Airlines founder … [Read more...] about At The Top
Neighborhood Watch
Environmental sustainability means stewardship of the future. It means respecting the world around us and protecting that world for future generations. Sustainability is reaching companies as businesses go green - recycling, reusing, minimizing waste and choosing to work with other companies doing the same. Sustainability also means leaving some of the land natural, not … [Read more...] about Neighborhood Watch
Banking On It
First Independent Investing in the community First Independent Bank, the newest community bank in Nevada, is a small bank that's thinking big. First Independent executives expect the bank to generate at least $25 million to $30 million in loans and more than $30 million in deposits in the bank's first full year of operation. And the bank hopes to attract not only small … [Read more...] about Banking On It
Money Management
Every serious investor knows it takes money to make money. Fortunately, tax laws allow you to deduct certain expenses associated with investments that produce taxable income. Generally, you can deduct investment expenses as miscellaneous itemized deductions, to the extent that your total miscellaneous itemized deductions exceed 2 percent of your adjusted gross income (AGI). … [Read more...] about Money Management
Diamonds, Spiders and Webs
Is there a place in your investment portfolio for Diamonds, SPDRS and/or WEBS? Are Diamonds measured in karats? Do the SPDRS spin webs and do the WEBS have spiders? If the answer to each of these questions is no - and it is - then exactly what do these exotic acronyms represent and how might they fit into your investment portfolio? SPDRS (SPY) - The Standard & … [Read more...] about Diamonds, Spiders and Webs
Nevada Briefs
State of Nevada contracts with IT strategies The state of Nevada awarded IT Strategies International Corp. a two-year master service agreement contract that will allow the state of Nevada to obtain computer consultants on an as-required basis. IT Strategies is a global computer consulting firm headquartered in Las Vegas since 1996. First Independent Bank opens South Reno … [Read more...] about Nevada Briefs
Point of View Nevada
I don't see any near term recovery - that is, recovery within the next 10 years. We need to be planning for business as it is now, at least in the mining sector. Retail merchants and service businesses are working harder to gain the customers and the business we have here by offering products and a level of consumer service targeted toward keeping more of our dollars locally as … [Read more...] about Point of View Nevada
Small Business Picture Not as Dire, Big Business Picture Not as Clear
Recent Congressional reports regarding Y2K preparedness among small businesses are at odds with a study conducted by Irvine, Calif.-based Sage Software, Inc. Congress estimates. 750,000 small businesses are at risk of temporary shutdown or significant financial loss due to Y2K problems, and another 4.75 million might be affected in other ways. When Sage asked information … [Read more...] about Small Business Picture Not as Dire, Big Business Picture Not as Clear