Business and Economy

Breaking Down The Tesla Effect

Jan 26, 2016
Alexa Ard

Since Tesla announced its gigafactory in Northern Nevada, many businesses have followed suit, including Switch and a major retailer headed for downtown Reno. Some are going as far as calling this trend the Tesla Effect. Our reporter Rocio Hernandez breaks down what that means.

When Apple brought its data center to the area two years ago, Mehmet Tosun, who chairs UNR’s economics department, knew that things would not suddenly change with just one company, but now Apple is not alone.

Arlington County / Flickr, CC Attribution 2.0 Generic

A strict interpretation of Nevada law reveals that collecting water with rain catchment systems, or rain barrels, is illegal. With ongoing drought conditions, Nevada’s state engineer Jason King says that there should be some exemptions. Bob Conrad of our media partner ThisisReno has the story.

The Governor’s drought forum was tasked with addressing the state’s water resource challenges and released its recommendations last month.

Marcus Lavergne

A new e-commerce company plans to bring 500 jobs to the Reno-Sparks area in the next 5 years. The news came at a press conference Thursday. Reno Public Radio’s Marcus Lavergne was there and has the story. 

Jet.com has already opened its 160,000 square-foot warehouse in Northern Nevada. The company, which launched in July, is known as a “smart shopping platform” and competes with companies like Amazon.com.

Marc Lore is Jet.com's founder and CEO and spoke at yesterday’s event.

Rennett Stowe / https://creativecommons.org/licenses/by/2.0/legalcode

The Lake Tahoe region is experiencing higher housing costs and stagnating wages for its workers. That's according to a recent economic prosperity report. To learn more, Reno Public Radio's Noah Glick chatted with Heidi Hill Drum; she's the executive director of the Tahoe Prosperity Center and one of the people behind this report.

Reno Airport Adds Rideshare Pickup For Uber Customers

Jan 20, 2016
Julia Ritchey

Rideshare company Uber is now allowed to pick up passengers at the Reno-Tahoe International Airport.

Uber has been able to drop off customers at the airport since September, when they began operating in the state. But until Wednesday, they weren't able to pick anyone up.

Now, the rideshare service has a contract with the airport, like other ground transportation services, and its own designated pickup spot — away from the taxi line — complete with transit shelter.

City of Reno

Reno City Council unanimously approved an annexation request for a small chunk of Lemmon Valley, just north of the city, at its last meeting. That's despite complaints raised by several nearby residents.

Reno Public Radio's Michelle Billman has the details.

The land is being eyed for development and its owner says the 730 acres would be ideal for new housing. 

ThisisReno

Reno City Council could vote Wednesday on annexing a slice of Lemmon Valley being eyed for development. Michelle Billman reports the decision raises larger questions among North Valleys residents about how growth is impacting their community.

City Council has already unanimously approved an ordinance introduction for the annexation. The owner says the land would be ideal for housing, which has some Lemmon Valley residents worried, including Doug Robertson who spoke up at the last council meeting.

Interview: What's In, What's Out For Downtown Reno

Jan 8, 2016
Mike Higdon

We've seen a flood of business news this week with Reno Provisions shutting its doors and the announcement of a major retailer coming to the heart of Reno. Our reporter Julia Ritchey caught up with the Reno-Gazette Journal's Mike Higdon to get the inside scoop on downtown development in 2016.

Higdon says the closing of Reno Provisions, following a highly publicized E. coli outbreak, is a major blow to the foodie movement.

Luiza Vieira

 

Some companies in Reno like Microsoft and Renown are getting pretty creative with their team building activities by sending employees to what are called escape rooms. Contributor Luiza Vieira visited the business Break Through Reno to find out what it's all about.

 

Imagine you're locked in a room full of secrets and the only way to escape is by finding hidden clues inside drawers, books and behind maps.

 

Julia Ritchey

Christmas came early for electric carmaker Faraday Future after Nevada lawmakers approved a $335-million incentive package over the weekend.  The deal is meant to breathe life into a recession-battered part of Southern Nevada.

The package clears the way for Faraday Future to begin work on a $1 billion manufacturing plant in North Las Vegas, an area Mayor John Lee says has been starved for development.

Pages