Business and Economy

Jim Grant / Nevada Appeal

For the first time in years, Governor Brian Sandoval’s proposed budget includes actual raises for state employees. Our contributor Brook Bentley of the Northern Nevada Business Weekly reports.

Faraday Future Shows Off Speedy Model, But Concerns Loom

Jan 5, 2017
Faraday Future

Upstart vehicle company Faraday Future showed its prototype electric car at the CES gadget show in Las Vegas Tuesday and promised again to have cars rolling off a new $1 billion assembly line in southern Nevada in 2018.

The  demonstration had the company's four-door, FF 91 model clocking 0-to-60 miles per hour in just under 2.4 seconds against Bentley, Ferrari and Tesla vehicles.

During the presentation, company executive Nick Sampson didn't say when construction would resume at the factory where work was suspended in November.

Maury Centeno (second from right) owns Safety Glass, a shop for replacing broken windshields.
Natalie Van Hoozer

For many, entrepreneurship can be a difficult process. Now, imagine trying to start a business in a foreign country.  

In Reno, some Latina business owners say this journey has been challenging for them due to cultural differences and language barriers.

While a few of Maury Centeno’s employees sand down a windshield, she’s in the white-walled office next door typing away on her computer. She owns Safety Glass, a windshield replacement company in Reno.

www.aag.com / CC BY-SA 2.0

Existing home sales in Sparks are up...by a lot. That's according to a monthly report from the Reno/Sparks Association of Realtors.

Our contributor Brook Bentley of the Northern Nevada Business Weekly says that last month, there was an 11 percent increase from the sales made in October, but the jump year-over-year is much larger.

Local Construction Industry Growth Expected To Slow

Dec 23, 2016
Soham Banerjee / CC BY-SA 2.0

The construction industry is expected to continue to grow heading into 2017, but at a slower pace then in recent years. Our contributor Brook Bentley of the Northern Nevada Business Weekly has the details. 

New Coworking Space Opens In Reno's Midtown

Dec 19, 2016
Annie Conway / Northern Nevada Business Weekly

There is a new coworking space in the Biggest Little City. Our contributor Brook Bentley of the Northern Nevada Business Weekly has the story.

It's called Fusion at Midtown and it joins several other coworking spaces in Reno such as the Reno Collective, the Innevation Center and more.

Coworking spaces are growing in popularity and can also serve as platforms to network and collaborate with other entrepreneurs.

Northern Nevada Business Weekly

Thirty new companies relocated to the greater Reno-Sparks area in 2016. Our contributor Brook Bentley of the Northern Nevada Business Weekly takes a quick look back at economic growth this year.

Noah Glick

The Nevada Supreme Court has ruled both for and against Silver City residents seeking to block expansion of Comstock Mining’s mine. Our contributor Brook Bentley of the Northern Nevada Business Weekly reports.

brewbooks / Flickr, CC BY-SA 2.0

The Nevada Commission on Tourism has awarded more than $500,000 in grants to rural Nevada tourism organizations for marketing efforts. Our contributor Brook Bentley of the Northern Nevada Business Weekly reports.

The commission awarded funding to almost 90 separate marketing projects. They're all geared toward increasing overnight stays, which in turn, increases room tax revenue for the state. Many will also boost brand awareness for communities in rural Nevada.

Waste Management

The franchise agreement between the City of Reno and Waste Management continues to generate heated debate. Our reporter Bob Conrad of ThisisReno has the latest. 

According to a financial audit conducted by an outside firm, the company is in compliance with its agreement with the city.

But last week’s discussion quickly turned sour over a litany of issues about how that agreement has been executed since it was adopted in 2012.

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