U.S. real gross domestic product (GDP) for the third quarter of 2016 grew at a 3.2 percent annualized rate instead of the 2.9 percent from the advanced estimate. The upward revision reflected higher consumer spending and net exports than previously reported, which were partly offset by smaller-than-expected fixed investment and state and local government spending. The … [Read more...] about January 2017: Business Indicators
Departments
What is Your New Year’s Resolution?
“To take every opportunity to create moments of kindness and to use my voice to create peace wherever possible.” Heather Korbulic | Executive Director, Silver State Health Insurance Exchange “My New Year’s resolution is to not work every weekend and enjoy more time with my family and friends and also get back to do some more skydiving.” Marc Jay | Partner, Kelly Cardenas … [Read more...] about What is Your New Year’s Resolution?
Navigating Healthcare
When it comes to the healthcare system in Nevada, three words are key: quality, access and affordability. The new administration and upcoming legislative session will likely sway these key factors in one direction or another. With 2017 nearly upon us, it comes as no surprise that Nevada executives are eager to know how these changes will affect their businesses. The Silver … [Read more...] about Navigating Healthcare
Movers & Shakers: René Cantú Jr. Ph.D.
Executive Director Jobs for Nevada’s Graduates (JAG Nevada) (3 years in NV) Type of Business: Non Profit | Hails from: Laredo, Texas | 3 years with company in Nevada | Based in: Las Vegas How did you first get into your profession? During an internship with The College Board, I became interested in connecting high school students, especially those who face the most … [Read more...] about Movers & Shakers: René Cantú Jr. Ph.D.
Around the State: December 2016
First Ever Northern Nevada Construction Career Day a Success Sponsored by the Nevada Construction Collaborative, the first ever Northern Nevada Construction Career Day was attended by over 600 middle and high school students. Students were bussed in from Washoe, Lyon, Douglas and Carson counties and experienced hands-on demonstrations of various construction trades. The … [Read more...] about Around the State: December 2016
The Future is Now: Preparing Nevada for Transportation Opportunities in Advanced mobility
More than 75 years ago, the first highway, the Pennsylvania turnpike, opened. Fifteen years later, construction of 40,000 miles of interstate highway system was underway. Here in Nevada, over the last five decades, residential subdivisions were with roadways built connecting destinations east and west, north and south. What does all this public infrastructure have in common? It … [Read more...] about The Future is Now: Preparing Nevada for Transportation Opportunities in Advanced mobility
Transferable Tax Credits
Private hands in taxpayers’ pockets It might be illegal under the Nevada Constitution for the government to give any private business a direct “gift” or subsidy — but since when does the ruling class let little things like constitutional intentions get in their way? The purpose of the constitutional ban on giveaways and subsidies to private corporations makes sense. Such … [Read more...] about Transferable Tax Credits
Red Report: December 2016
E Sale, Industrial ADDRESS 2485 Marco St., 89115 BUYER Salazar Management Group V, LLC SELLER Lee Family Trust DETAILS 8,060 SF; $1,050,000 APN 140-17-801-006 BUYER’S REP Weichert Realtors – Aspire SELLER’S REP Sean Zaher of CBRE H Sale, Office ADDRESS 1410 & 1434 E. Lake Mead Pkwy., 89015 BUYER Great Blue Lake, LLC SELLER Lake Mead Properties, LLC DETAILS … [Read more...] about Red Report: December 2016
Office Summary: Third Quarter 2016
Southern Nevada Las Vegas Valley’s speculative office vacancy rate in Q3, 2016 declined 0.2 points to 20 percent from Q2, 2016. Compared to Q3, 2015, the office vacancy rate is up 0.2 points, from 19.8 percent. Vacancy rates ranged from 15 percent for Class C space to a high of 28.2 percent for Class A space at the end of Q3. In terms of the trend, the Office market continues … [Read more...] about Office Summary: Third Quarter 2016
December 2016: Business Indicators
U.S. real gross domestic product (GDP) for the third quarter of 2016 expanded at a 2.9 percent annualized growth rate based on the advanced estimate. This unusual and surprising jump after three quarters of sluggish growth reflects a surge in agricultural (soybean) exports and a rebound in business inventories, which bring doubt about continued strong growth in the fourth … [Read more...] about December 2016: Business Indicators
With the Elections Behind Us, What Do You Feel Is America’s Number One Challenge?
“The challenge is to demand that our leaders refocus their energy on creating solutions. The candidates spent months telling us what was wrong with America; now they must guide us on how to make things right” Howard Russell | Managing Partner, Weinberg Wheeler Hudgins Gunn & Dial “I feel the biggest challenge that our country faces is confidence! We need to be … [Read more...] about With the Elections Behind Us, What Do You Feel Is America’s Number One Challenge?
Cybersecurity Protecting Personally Identifiable Information
By John L. Krieger, Member, Dickinson Wright’s Intellectual Property and Entertainment and Sports Departments Privacy laws are becoming more consumer-focused and companies that collect personally identifiable information about their consumers, and who fail to tell those customers what they are doing with that information, are beginning to find themselves in uncomfortable … [Read more...] about Cybersecurity Protecting Personally Identifiable Information
Arbitration’s Dirty Little Secrets
By R. Duane Frizell, partner and Jonathan C. Callister, partner, Callister & Frizell This article is not an attack on the widespread use of arbitration. Good arbitrators daily shoulder the burden of adjudicating parties’ rights in a manner that is economical and sound. That said, as with anything, there are risks. Businesses need to consider them before agreeing to … [Read more...] about Arbitration’s Dirty Little Secrets
Can You Get Appellate Review in the Middle of Your Case?
By Debbie Leonard, Partner and Jeff Silvestri, Partner, McDonald Carano It happens more than we’d like. You’re in the midst of contentious litigation and the judge issues a “bad” ruling. Most times, you just lick your wounds and press on. Some rulings, however, can throw your case into a tailspin, derail your trial strategy or, worse, dismiss your claims entirely while … [Read more...] about Can You Get Appellate Review in the Middle of Your Case?
Trust & Estate Litigation No Longer Confined to Stiffs & Gifts
By Alexander G. LeVeque, Partner, Solomon Dwiggins Freer, Ltd. Over the years, my firm has represented scores of business owners who never imagined that they would need the services of a trust & estate litigation attorney, especially when no one had recently died. While it is common for business owners to retain attorneys for estate and business planning (and sometimes … [Read more...] about Trust & Estate Litigation No Longer Confined to Stiffs & Gifts