President/OwnerWalton’s Funerals & Cremations Type of Business: Funeral Home, Cemetery & CrematoriesBased In: Reno, Sparks, Carson City, Gardnerville, SusanvilleHails From: Puyallup, WA Years Org. has been in Nevada: 63Years w/Organization in Nevada: 20Employees in Nevada: 39 Who has been instrumental to your success? There’s no doubt learning all aspects of … [Read more...] about Rick Noel
Departments
Free Market WatchNevada PERS: The Good, The Bad and The Ugly
Pension plans require employers and employees to contribute to investment accounts that pay employees an income when they retire. Defined benefit plans, used by the Nevada Public Employees’ Retirement System (PERS), promise retirement incomes determined by employee’s contributions and assumption about what investment returns will be. To the extent actual returns differ from the … [Read more...] about Free Market Watch
Around the StateSeptember 2022
CCSD Partners with Paper to Provide Academic Support The Clark County School District has announced a partnership with Paper to provide one-on-one instructional support to approximately 300,000 students in the district, at no charge. Paper is an online program that works with school districts to provide tutors in over 200 subject areas in English, Spanish, French and … [Read more...] about Around the State
Commercial RE ReportOffice Summary: Second Quarter 2022
Northern Nevada By Jordan Lehman, Colliers | Reno Northern Nevada’s office market experienced healthy leasing activity, cooling sales volume, and an increase in sublease space in the second quarter of 2022. Continued tenant demand pushed net absorption to nearly 17,000 square feet, the fourth consecutive quarter of positive demand. While sales activity cooled off this … [Read more...] about Commercial RE Report
Business IndicatorsSeptember 2022
The “advance” estimate of U.S. real gross domestic product (GDP) for the second quarter of 2022 continued to shrink for the second straight quarter, down by 0.9 percent at an annual rate. The decline largely reflected a drop in private inventory investment which was led by a slowdown in retail trade. Consumer spending, which accounts for roughly 70 percent of GDP, continued to … [Read more...] about Business Indicators
Last WordWhat was your dream job when you were a kid?
Senior Vice President Business DevelopmentTMC Financing Chris Hunter “Civil engineer. It sounded cool! But the real reason was to help build a city and improve that city. I am proud to say my career still landed in the economic development space.” Elaine Rubin Director of Corporate CommunicationsEdvisors “While following my childhood dream of becoming a … [Read more...] about Last Word
Around the StateAugust 2022
Community Development Block Grant Funds Awarded to Nevada Cities and Counties Nearly $4 million in Community Development Block Grant (CDBG) funds have been awarded to 17 projects in rural Nevada. The projects are spread over five counties and the Cities of Ely, Fallon, Fernley, Wells and Carson. The awards and projects range from $35,000 for the Ron Woods-Family Resiliency … [Read more...] about Around the State
Supreme Court Begins to Rein in Administrative State
At the end of its 2021-22 session, the U.S. Supreme Court issued major decisions greatly restoring Constitutional jurisprudence and the rule of law and getting the court out of politics. One of the most important was West Virginia vs. Environmental Protection Agency, which reversed 130 years of destructive metastasis of the federal administrative state developed by … [Read more...] about Supreme Court Begins to Rein in Administrative State
James Vance
Franchise Owner/OperatorTeam Vance Management (McDonalds) Type of Business: Restaurant FranchiseBased In: Las Vegas, NVHails From: Henderson, NV Years Org. has been in Nevada: 55Years w/Organization in Nevada: 20Employees in Nevada: 400+ How did you get into your profession? I bought my first McDonald’s Franchise in 1995 in Silverthorne, CO after training in the … [Read more...] about James Vance
How Occupational Health Programs Can Attract and Retain Talent
Brenda Cotton, Work Health Solutions Fringe benefits are additions to compensation, such as stock options, childcare, meal subsidization, transportation, education, professional and personal development, vacations, flexible schedules and more. Although fringe benefits account for more than 30 percent of labor costs according to the Bureau of Labor … [Read more...] about How Occupational Health Programs Can Attract and Retain Talent
Commercial RE ReportIndustrial Summary: First Quarter 2022
Northern Nevada By Angel Orozco & Dan Buhrmann, CBRE The Reno industrial market finished the quarter with strong market fundamentals, posting the eleventh consecutive quarter of positive net absorption. Record low vacancy and availability rates, along with the rise of pre-leasing activity continues to entice both local and national investors. Average asking lease … [Read more...] about Commercial RE Report
Business IndicatorsAugust 2022
The “third” estimate of U.S. real gross domestic product (GDP) for the first quarter of 2022 shrank by 1.6 percent at an annual rate, revised down by 0.1 percent from the second estimate. The revision reflected a downward adjustment in consumer spending, partly offset by an upward adjustment in private inventory investment. U.S. nonfarm employment experienced a … [Read more...] about Business Indicators
Last WordWhat is the Best Advice You’ve Ever Received?
Dr. Marc J. Khan Dean, Vice President Health AffairsKerkorian School of Medicine at UNLV “The best advice I’ve received is rather than thinking ‘no, because…’, change the paradigm to ‘yes, if…’. Positive mindsets create the future.” Ryann Juden City ManagerNorth Las Vegas “Always do what you believe is right and let the consequences follow.” Michael C. … [Read more...] about Last Word
Around the StateJuly 2022
Childhood Community Health Worker Program Started in Nevada Nevada Strong Start Child Care Services Center has launched the Nevada Early Childhood Community Health Workers (CHWs) program to serve childcare providers and families. The program makes Nevada the first state in the nation to offer a service bridging gaps in the early childhood community. CHW will serve as … [Read more...] about Around the State
Nevada Firearms Securities DivestitureAn Empty Gesture
State Treasurer Zach Conine, a friend and fellow Nevada Business Magazine columnist, announced Nevada will divest $89 million in securities of companies that profit from the manufacture or sale of “assault-style” weapons. He did not provide a list of such companies but estimated the total value of Nevada’s gun-related holdings at $89 million on June 2, before sharp declines in … [Read more...] about Nevada Firearms Securities Divestiture