Business + Economy

Business + Economy
8:44 am
Thu January 15, 2015

Concern growing over possible bus service cuts in Washoe

Mark Tadder has relied on bus service more and more over the past few years as his vision has failed.

People in Washoe County who struggle to get around town could have an even harder time if bus routes are cut, which could happen if the transportation commission can't find more money. Reno Public Radio's Michelle Bliss reports.

Mark Tadder lives just a quick walk from a bus stop in northwest Reno, and that’s no accident.

“I started riding the bus in earnest about a year ago when my vision failed and I wasn’t really able to walk so much and get around that way.”

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Business + Economy
9:24 am
Mon December 29, 2014

Nevada's Tesla Battery Factory Triggers Wave Of Follow-Up Business

Tesla's massive factory is being built at the Tahoe Reno Industrial Center outside Reno.
Credit TahoeReno.com

Earlier this year, Tesla Motors chose Northern Nevada for its battery factory in exchange for a huge incentives package. It's a bounty for communities there that, until recently, have seen years of slow economic recovery. Will Stone of Reno Public Radio reported for NPR's Morning Edition on the impact of this factory.

When Lance Gilman talks Tesla, it can feel like a return to the days of the Gold Rush, silver mining and pioneers.

"The new Comstock Lode is sitting right in front of us right now. There is going to be tremendous financial growth."

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Business + Economy
12:05 pm
Wed December 24, 2014

Nevada could hit pre-recession job numbers by 2017

Nevada's Chief Economist Bill Anderson says the state is gaining jobs in all sectors, including one of its hardest hit--construction.

The number of jobs in Nevada could return to pre-recession levels by the end of 2017. That's the latest prediction from the state's chief economist Bill Anderson. Reno Public Radio's Michelle Bliss has the details.

During the recession, Nevada lost 175,000 of its nearly 1.3 million jobs. Bill Anderson, chief economist for the state's Department of Employment, Training, and Rehabilitation, says Nevada has been slowly rebuilding its labor force over the past four years.

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Business + Economy
10:36 am
Wed November 26, 2014

EDAWN says region could see 50K new jobs in next five years

Mike Kazmierski is president of EDAWN, the Economic Development Authority of Western Nevada.
Credit EDAWN

At a town hall event last week, one economic development expert in Reno said the region could see up to 50,000 new jobs in the next several years, largely thanks to Tesla. Reno Public Radio's Michelle Bliss has the details on that hefty projection.

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Business + Economy
3:03 pm
Wed November 12, 2014

Experts say housing prices could spike with influx of Tesla workers

Long-term trends show Nevada's housing market is recovering from the recession, but one economic analyst says that what the market really needs now is some stability over the next few years. Reno Public Radio's Michelle Bliss reports that's not likely with Tesla preparing to set up shop.

Housing prices and new construction have been up across the state, but Jeremy Aguero, with the economic research firm Applied Analysis, says Nevada's housing market could really use a brief respite.

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Business + Economy
1:48 pm
Fri October 3, 2014

New annual event will celebrate Reno as birthplace of blue jeans

Chris Baum with the RSCVA says the organization's forthcoming Blue Genes Jam will recognize Reno as the birthplace of blue jeans.

The Reno-Sparks Convention and Visitor's Authority or RSCVA has announced it's planning a new annual event for the region celebrating the fact that blue jeans were invented in the Biggest Little City. Reno Public Radio's Michelle Bliss attended the recent press conference to learn more.

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Business + Economy
1:54 pm
Tue September 30, 2014

Reno tourism officials have high hopes in wake of Tesla

Washoe County saw its highest average daily rate for hotel rooms ever last month, and Reno Public Radio's Michelle Bliss reports that tourism experts are expecting even more dollars to come in as word about the state's Tesla "win" continues to spread.

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Business + Economy
10:12 am
Fri September 12, 2014

Nevada passes huge tax breaks for Tesla

The Nevada legislature has passed an unprecedented package of incentives for Tesla's massive gigafactory. Reno Public Radio’s Will Stone reports the governor signed the bill late Thursday night.

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Business + Economy
2:56 pm
Thu September 4, 2014

NV expects huge return on its deal with Tesla

Nevada and Tesla Motors have made it official: the electric car maker has selected a site in Northern Nevada for its coveted battery factory. Reno Public Radio's Will Stone reports the governor revealed some of the details behind the agreement, which could generate billions of dollars for Nevada, but also requires huge tax breaks.

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Business + Economy
3:05 pm
Wed September 3, 2014

Tesla picks Nevada for gigafactory

Credit Tesla Motors

No official world has come from Governor Brian Sandoval’s office about Tesla’s 5 billion dollar gigafactory, but all signs indicate the state and the electric carmaker may have finally reached a deal. That’s based on several reports and Sandoval’s plan to deliver a big announcement Thursday afternoon.

 

 

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