It’s easy to forget in the midst of all the conflict and hatred that surrounds us now to give thanks for the many blessings we have. As November is the month of thanksgiving I’d like to remind you all to take a moment and be thankful. President Abraham Lincoln’s Thanksgiving Proclamation is below. It’s as appropriate for today as it was when he first delivered it on October … [Read more...] about The Root of the Season
Features
Shifts OccurringNevada’s Tourism Industry
“Strong” and “evolving”— that’s how Lt. Governor Kate Marshall, chair of TravelNevada described the Silver State’s tourism industry today. Its robustness is evidenced by visitor spending, which has increased year-over-year since 2009. In calendar year 2018, the 56 million people who visited Nevada collectively spent $65.5 billion here, up from $63.7 billion the year … [Read more...] about Shifts Occurring
Minority Owned Businesses in NevadaLeveling the Playing Field
Nevada is open for business. The state is considered business friendly, and that goes for international corporations and small minority owned businesses equally. “With my business, one of the things I observed is that Nevada is truly open for business, whether you are a minority or any other ethnic type of individual doesn’t make any difference,” said Bob Daniel, owner, … [Read more...] about Minority Owned Businesses in Nevada
Industry FocusEducation
Education in Nevada has historically been the target of negative attention for low rankings and poor metrics. As education leaders work to improve the outcomes for students at every level, they’re expecting a ripple effect into the economy, workforce and community. Recently, some of those leaders met at the Las Vegas offices of City National Bank to discuss what has been done … [Read more...] about Industry Focus
RetailFocus on the Experience
Once upon a time — say, 10 years ago — retail was all about selling stuff. But as the business of selling stuff continues to move online, the word of the moment among retailers and shopping center owners is “experience.” “Experience is a big part of what retailers are looking to incorporate now, whether this is in the form of innovative interiors, games or mobile pickup,” … [Read more...] about Retail
2019 NAIOP Southern NevadaBus Tour
Flying High NAIOP Southern Nevada’s Bus Tour Committee is pleased to present the 2019 “Flying High” Bus Tour Event. Coming off of a very successful bus tour in 2018, our chapter is ready to take flight and tour the future of commercial real estate in Southern Nevada. We are flying high as development continues to soar across the valley as enterprising NAIOP developers … [Read more...] about 2019 NAIOP Southern Nevada
Gun ControlOut of Control
“A well regulated militia, being necessary to the security of a free state, the right of the people to keep and bear arms, shall not be infringed.” - Amendment 2, Bill of Rights, U.S. Constitution Ratified on December 15, 1791 as part of the Bill of Rights’ amendments to the Constitution of the United States of America, the Second Amendment has become known as the “Right … [Read more...] about Gun Control
Professional SportsThe Big New Game in Town
Read "The Business of Sports" by Jennifer Ko Craft With its $1.8 billion budget, the spectacular new Allegiant Stadium — home of the NFL’s Raiders beginning in 2020 — is the biggest, highest profile construction project in Las Vegas in recent memory. But for all the economic benefits of the construction, the new stadium is merely the beginning of a powerful wave … [Read more...] about Professional Sports
Nevada MiningContinued Transition Into High-Tech
Imagine if mining companies could send an unmanned aerial vehicle, instead of a person, into a dark, narrow underground area to document the landscape or the scene following an industrial accident. Well, the Autonomous Robots Labs (ARL) at the University of Nevada, Reno is developing the technology for autonomous aerial robots to do just that, to explore, survey, map and … [Read more...] about Nevada Mining
Industry FocusBankers
One industry that is consistently at the forefront of any economic discussion is banking. From financing issues to community giving, bankers are involved in the Silver State at a micro level. Recently, executives representing this industry met at the Las Vegas offices of City National Bank to discuss everything from regulations to education. Connie Brennan, publisher and … [Read more...] about Industry Focus
Legal Opinions 2019Expert Knowledge for Nevada Businesses
Legal Opinions, a Nevada Business Magazine feature for the past eight years, is a compilation of expert knowledge on a variety of topics. Written by attorneys, all of whom are highly educated on their featured topic, this special report is a one-stop resource for executives. Articles in the 2019 edition of Legal Opinions range from marijuana to private equity and … [Read more...] about Legal Opinions 2019
Safety on the JobPractices and Procedures
Every Nevada employer is responsible for making certain their employees are trained in safety procedures and covered by workers’ compensation insurance. Every business with even one employee is required to carry workers’ comp insurance and has a legal and moral responsibility to keep employees safe – even those employees they don’t realize they have. Every industry has … [Read more...] about Safety on the Job
The Good, The Bad and The UglyOne Amendment Provides Access, While the Other Adds Restrictions
Two bills were passed in the final days of the legislative session which change the way the public can access information we are entitled to as taxpayers. They are Senate Bills (SB) 224 and 287. Ostensibly, both bills were intended to grant easier access and provide consequences for not providing that information. And, for the most part, that’s what they do. However, an … [Read more...] about The Good, The Bad and The Ugly
How We Stack Up2019
Statistics about Nevada in 2019 provide reasons for both optimism and concern. In this 14th annual study comparing Nevada to other states, economic indicators show that the state is thriving: tourism numbers are up, unemployment is down and home values are steadily rising. However, Nevada is still dealing with the same chronic social issues noted in the first edition in 2006. … [Read more...] about How We Stack Up
Technology’s RoleIn Nevada’s Economy
A diverse economy is stronger than one based on only one or two industries. Traditionally, Nevada’s economic foundations have depended on mining and travel, tourism and hospitality. When the last recession hit even the hospitality industry, a serious move to diversify the economy began. “The biggest impetus that started everyone down the path of the new innovations and … [Read more...] about Technology’s Role