Earlier this year, the U.S. Court of Appeals for the Ninth Circuit in a 2-1 panel decision upheld the United States Department of Labor’s (DOL) 2011 revisions to its regulations applying tip-pooling restrictions to employers that do not use a tip-credit to satisfy minimum wage obligations. This is particularly significant in Nevada which does not allow tip-credits toward the … [Read more...] about A Tip on Tipping: Changes to shared tips for Employees Affect business
Departments
Public Sector Unions: Not pro-worker, rather Anti-Freedom
What level of service would private businesses provide if they knew their consumers had no choice but to purchase their product? In the real-world of private-sector industry, customers are retained by providing them with a good or a service at a price they are willing to pay. In the world of public-sector unions, however, coercion, cronyism and deceit are the favored methods … [Read more...] about Public Sector Unions: Not pro-worker, rather Anti-Freedom
Meet the Candidates
As November and this year’s controversial elections quickly approach, hopeful candidates are pushing their campaigns forward and tackling the most pressing issues facing Nevadans. Topics affecting businesses in the state are particularly important as the state’s economy continues to recover from the most recent recession. As part of Nevada Business Magazine’s Business First … [Read more...] about Meet the Candidates
Movers & Shakers: Justin Kalb
President Kalb Industries of Nevada (44 years in Nevada) “Honesty and integrity are everything in this business.” Type of Business: General Contractor | Hails from: Las Vegas, NV | 10 years with company in Nevada | Based in: Las Vegas How did you first get into your profession? It was the family business. The more I tried to push away the more I found myself drawn … [Read more...] about Movers & Shakers: Justin Kalb
Welcome to Nevada: August 2016
LT Proactive Care Clinic Opening its first Nevada location in Henderson, LT Proactive Care Clinic is a healthcare organization that focuses on integrating medicine, nutrition and exercise to create personalized plans rather than simply treating diseases. The clinic has hired seven full time employees and hopes to add more as the business grows. Other locations include … [Read more...] about Welcome to Nevada: August 2016
Around the State: August 2016
NCOT Provides Grants for Rural Tourism The Nevada Commission on Tourism (NCOT) has funded nearly $900,000 in grants to organizations promoting rural Nevada tourism. The funds are provided through the NCOT’s Rural Grants Program. Organizations that received the grants include the Great Basin Heritage Area Partnership, Backcountry Discovery Routes, Wells Chamber of Commerce, Las … [Read more...] about Around the State: August 2016
Red Report: August 2016
E Sale, Other ADDRESS 5621 – 5719 Judson Ave., 89156 BUYER Progressive Pilgrims Fellowship SELLER Saint Michael Antiochian Orthodox Church DETAILS 7,000 SF; $730,000 APN 140-21-601-005 SELLER’S REP Al Twainy, CCIM of Colliers International H Sale, Office ADDRESS 150 N. Gibson Rd., 89014 BUYER Harsch Investment Properties SELLER Basic Land Company, Inc. DETAILS … [Read more...] about Red Report: August 2016
Industrial Summary: Second Quarter 2016
Southern Nevada The Las Vegas Valley’s overall industrial vacancy rate in Q2, 2016 was 4.6 percent, a decline of 0.4 points from 5.0 percent in Q1, 2016. Q2’s decrease ended two quarters of increases in the industrial vacancy rate. However, with vacancies at low levels and positive economic trends, rate increases are currently more likely due to simple statistical … [Read more...] about Industrial Summary: Second Quarter 2016
Business Indicators: August 2016
The third estimate for U.S. real gross domestic product (GDP) for the first quarter of 2016 was revised upward to 1.1 percent annualized growth rate from the 0.8 percent second estimate. The revision occurred as more complete data showed that exports increased more than previously thought. Nevertheless, the stronger dollar, cheaper oil and a weaker global economy still … [Read more...] about Business Indicators: August 2016
What is the biggest challenge facing Nevada?
“In my efforts to attract new companies to Nevada, the biggest challenge has been our education system. It is hard to compete with other states when we are ranked next to last on a nationwide level.” Mike Hillis, SIOR | Prinicpal, Avision Young “Nevada’s biggest challenge is convincing the world that this is a great place to live. Our city has made an amazing recovery and … [Read more...] about What is the biggest challenge facing Nevada?
If Cronyism Is the Problem, Maybe We Should Stop Empowering Its Enablers
America’s young adults don’t seem nearly as turned off by socialism as do their parents and grandparents. Actually, they seem pretty receptive to the concept. No doubt decades of class warfare have helped make younger generations feel more inclined to “soak the rich.” But, it also seems likely they’re more prone to flirting with socialism because of general disillusionment … [Read more...] about If Cronyism Is the Problem, Maybe We Should Stop Empowering Its Enablers
Time to Pay the Piper: First Nevada Commerce Tax Payment Due, Despite Challenges
Nevada’s recently enacted commerce tax has been back in the headlines, the latest dustup being a recent judicial decision that has spelled the end to a repeal effort. A coalition (led by State Controller Ron Knecht) sought to have a referendum petition placed on the November ballot − motivated by what they see as a legislative sellout of the voters who rejected a similar … [Read more...] about Time to Pay the Piper: First Nevada Commerce Tax Payment Due, Despite Challenges
Welcome to Nevada: July 2016
Mary’s Gone Crackers A manufacturer of organic and gluten-free healthy snacks, Mary’s Gone Crackers, has announced plans to open a manufacturing, research and development facility this fall in Reno. The company headquarters will also relocate to the site. The bakery will occupy over 420,000 square feet in the North Valley Commerce Center. Mary’s Gone Crackers intends to hire … [Read more...] about Welcome to Nevada: July 2016
Movers & Shakers: Matt Clafton
VP/General Manager Alston Construction Company, Inc. (17 years in NV) “Life is too short to do something that you don’t like.” Type of Business: General Contractor | Hails from: Spokane, WA | 14 years with company in Nevada | Based in: Las Vegas and Reno How did you first get into your profession? My dad was in the construction industry and I followed in his … [Read more...] about Movers & Shakers: Matt Clafton
Around the State: July 2016
UNLV Releases White Paper on Fiscal Impact of Nevada Sales Tax In an effort to determine future impacts of a possible sales tax on services, the University of Nevada, Las Vegas has released a white paper, A General Sales Tax on Services in Nevada: Fiscal Impacts & Stability. The white paper found that the best-case scenario for potential revenues from a uniform tax of 2 … [Read more...] about Around the State: July 2016