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.
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.
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.
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.
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.
Nevada and four other Western states are serious contenders for Tesla Motor’s $5 billion battery plant. This week, several watchdog groups issued a public letter asking all those states to tell taxpayers what they are offering to entice the electric carmaker, which is asking for about $500 million in tax breaks and incentives.
Bob Fulkerson is with one of the advocacy groups, Progressive Leadership Alliance of Nevada. He says the letter makes several demands of the state governments involved in negotiations with Tesla:
The Falcon drone designed by Ashima Devices. The company makes unmanned aerial vehicles (UAVs) to help first responders gain situational awareness when they arrive on scene in an emergency situation, like a wildfire.
A drone manufacturing company is moving its headquarters to Reno, bringing about 400 new jobs to the area over the next two years. Reno Public Radio's Michelle Bliss has the details.
Ashima Devices is relocating from Pasadena and setting up shop at the Reno-Stead Airport where the company will be researching, testing, and building unmanned aerial vehicles or UAVs. The company makes drones to help law enforcement, fire, and emergency crews gain situational awareness.
The last day to apply for setting up a medical marijuana dispensary in Nevada is Monday. Reno Public Radio's Michelle Bliss reports that so far, the paperwork is trickling in at a much slower rate than officials expected.
Early on, the state projected that about 450 eager entrepreneurs would come forward with business plans.