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There have been many technological breakthroughs in Nevada in the past year and though they are just coming into the public’s attention, it has taken years for such projects to come to fruition and much hard work from individuals who had a vision and enough drive to bring it to reality. Itronics, Inc. Following a 12-year, $6 million research effort, Dr. James Whitney created … [Read more...] about NEVADA INNOVATORS: Scientific Breakthroughs Spell Success for Nevada Businesses

Four years ago, I jumped ship. After years of private practice, I became in-house counsel for a Las Vegas based company. The practice of law for a privately held company is worlds apart from practicing for a firm. First, the time spent focused on billable hours moves from every waking minute to an afterthought at best. Second, winning and losing take on a whole different … [Read more...] about A View from the Other Side

The retirement plan of choice for many employers is the 401(k) plan. Although they may vary in form from employer to employer, 401(k) plans in general are a means to provide employees with an effective retirement savings vehicle, while giving employers a benefit program to attract and retain loyal workers. Financial planners realize that employees need to do three things in … [Read more...] about Employers Find Financial Planning Services Give Boost to 401(k) Plans

I recently invited a number of legislative leaders to my office to lay out for them our revenue projections and my budget priorities for the upcoming legislative session. Prior to the meeting, I had publicly stated my three budget "superpriorities." They are education; the health, safety, and welfare of Nevada’s citizens; and pay raises, training, and benefits for Nevada state … [Read more...] about FUNDAMENTAL REVIEW ALLOWS FOR STATE EMPLOYEE PAY RAISES

Some things do grow in the desert. Take, for example, the entrepreneurial spirit that has been cropping up all over Nevada, giving way to a rash of small businesses in recent years. As independent companies continue to bear fruit, one thing is becoming glaringly clear: When you want to get your own business off the ground, it is crucial to avoid the … [Read more...] about The Business of Starting a Business in Nevada

When the average person connects to the Internet, all he or she wants is to see a message saying, "You’ve Got Mail." Most people don’t know or care how the message got to them, how many miles of cables and lines it traveled through to get to their computer, or how many times it was switched from one carrier to another before it got there. They just want to get information … [Read more...] about Colocation Gateways: Providing Secure Space for Hi-Tech Companies

St. Rose Dominican Hospital opened its second full-service, acute care facility in southern Nevada with a dedication ceremony and open house on June 23. Located at Eastern Avenue and St. Rose Parkway (formerly Lake Mead Drive), the Siena Campus offers a comprehensive range of hospital services in an attractive, patient-friendly setting. The $100 million facility currently … [Read more...] about St. Rose Dominican Hospital Opens Siena Campus

In today's highly litigious society, insurance for a business is not a luxury but a necessity. Not having the proper insurance could lead to fines, lawsuits, loss of time, loss of employees, loss of profits, even loss of the entire company. But what insurance does a business need? How does each company know what policy is right for its needs? The answers, like those to so many … [Read more...] about BUSINESS INSURANCE: Preparedness Means Protection

Reno has always been a mixture of old and new. Something about the open spaces of the west seems to creep into each new development. Business and industrial parks spring up across the street from pasturelands. An industrial park travels over unusable land across a mountaintop. And one of the newest master planned communities, Damonte Ranch, is forming on almost 2,000 acres of a … [Read more...] about Tripartners: Companies Unite to Develop Damonte Ranch

Like the undercard participants at a boxing match, those running for smaller races often count on the strength at the top of the ballot to carry them through. Those larger races, like the Tysons and the Holyfields, bring out the crowds and help focus some attention on the not-so prestigious contests. This year, however, prospects look grim for Nevada politicians getting much … [Read more...] about How Top-of-the-Ticket Races are Shaping Up

No man is an island. Neither is a state, though sometimes it might feel that way for Nevadans. We are a population that has grown used to high times. Economic growth defines our economy as well as our challenges. Dire warnings and predictions don't faze us, moderation is anathema, we are a state of excess in a state of grace. At least for now. Lately Nevada's economy has … [Read more...] about NEVADA’S ECONOMY: Still Growing After All These Years

The market for office space in Nevada has been on the rise in recent years and is currently doing extremely well. Two trends have emerged lately in Nevada, both based on availability and quality of labor, cost of living, taxes and proximity to California's Los Angeles and Bay areas. High-tech companies are moving to Reno to cut operating costs and cost of living expenses. In … [Read more...] about OFFICE SPACE: Forecast Remains Optimistic for Both North and South

BANKING & FINANCE U.S. Bank recently announced three appointments: Thomas Groebe* has been named managing director of the bank’s private financial services department. Groebe’s 27 years in the banking industry provide him with an extensive background in credit approval and administration, financial and problem loan management, and branch banking. The new vice president and … [Read more...] about People On The Move

Like many areas in Nevada, Esmeralda and Nye counties are looking to diversify their economy and bring in new businesses. According to Robert Cameron, Chairman of Economic Development Authority for Esmeralda and Nye Counties (EDEN), the area has several challenges that are unique and it is also finding ways to capitalize on its assets. The area sits on Nevada's western … [Read more...] about EDEN

There is a tug of war occurring on Wall Street between Old Economy and New Economy stocks. For over 100 years, the Dow Jones Industrial Average Index has epitomized the Old Economy. This changed last year with the addition of Home Depot, Intel, Microsoft and SBC Communications to the index and the deletion of Chevron, Goodyear, Sears Roebuck and Union Carbide. Charles Dow … [Read more...] about OLD ECONOMY versus NEW ECONOMY