Investments

A portion of the Carson City Historic District, designated the “West Side District,” was recently listed in the National Register of Historic Places. The area was selected for inclusion in the National Register in recognition of its importance to the history of Carson City and the state of Nevada. The Carson City Historic District has been established in Carson City since 1982.

In these days of historic low interest rates, it's hard to earn much on certificates of deposit. It is probably best to not lock all your cash investments in longer-term CDs at very low rates.One a...

A federal effort to pump affordable loan money into rural communities across the nation is bringing the city of Caliente a brand new pumper truck and a rescue vehicle with a mini-pumper, and not a moment too soon.

CARSON CITY – State Treasurer Kate Marshall today announced the appointees to the board of the Nevada Capital Investment Corporation (NCIC), a new group charged with overseeing the investment of school funds to improve returns while promoting economic development statewide.

Incorporation helps many owners pool their investments into shares of a single firm. As legal fictions, corporations are able to sign contracts and outlive any individual owner, and limited liab...

CARSON CITY, Nev. — The Silver State has ranked high on the U.S. Chamber of Commerce's recently released "Enterprising States: Recovery and Renewal for the 21st Century" report.
"To be ranked first in export intensity growth and export growth among other Western states like Alaska, California, Hawaii, Oregon and Washington is a real point of pride for our state," said Nevada Gov. Brian Sandoval.

Funding of $4.5 million for two bikeway projects at Lake Tahoe, Nevada has been secured by the Tahoe Transportation District through the Nevada Department of Transportation and the U.S. Department of Transportation, according to a news release. Development of a 3.2 mile segment between Stateline and Round Hill at South Shore — part of an eventual 43 mile route along U.S.

RENO – The two major party candidates running in the 2nd Congressional District special election to replace Dean Heller stuck to their talking points in a tame hour-long debate here today.
But the verbal jousting in front of about 150 people at the California Building in Idlewild Park still managed to illustrate the contrasts between Republican Mark Amodei and Democrat Kate Marshall.

I would like to commend Tyrus W. Cobb on his recent column that pointed out to some of the fact-challenged Taxed Enough Already people that taxes in this country are already very low, and that raising them by a small amount is not anathema to the conservative cause.

CARSON CITY – State officials and lawmakers are rejecting the suggestion that they acted improperly last year when fees generated from several college savings programs were shifted to shore up the cash-strapped Gov. Guinn Millennium Scholarship for academically eligible Nevada high school graduates.
But one former lawmaker, who voted for the transfer, acknowledges he remains concerned about the decision.

CARSON CITY – Nevada’s public employee retirement system saw a whopping 21 percent return on its investments in the fiscal year ending June 30, the executive officer of the agency said Monday.
Click here to read the story.

CARSON CITY – Nevada’s public employee retirement system saw a whopping 21 percent return on its investments in the fiscal year ending June 30, the executive officer of the agency said today.
“I believe this is the best performance we’ve had in at least 25 years with the fund,” said Dana Bilyeu, executive officer of the Public Employees’ Retirement System (PERS).

Investigators from the Secretary of State’s office today arrested Hans Seibt at his Las Vegas residence on 25 counts of securities fraud and six counts of theft. The criminal complaint filed by Attorney General Catherine Cortez Masto charges that Seibt was essentially operating a Ponzi scheme that victimized investors in Nevada and several other states.

The Northern Nevada Development Authority's monthly breakfast on July 27 will feature a program on mining in the Silver State. Discover why mining is important not only to the state of Nevada but also to those of us here in the Sierra Region.

Hear from Lou Schack, Barrick Gold's Director of Communications and Community Affairs, on how Barrick has became THE largest GOLD mining company in the WORLD - and the largest mining company (of any kind) in Nevada! Lou will describe the company's various operations in and contributions to Nevada.

CARSON CITY – A bill allowing the state Treasurer to invest up to $50 million in education trust funds to support economic diversification efforts and generate more money for public schools was signed into law today by Gov. Brian Sandoval.

CARSON CITY – The securities administrator for Secretary of State Ross Miller is ordering a Las Vegas man to immediately stop selling or offering to sell unregistered securities until both he and the securities are legally licensed and registered with the state.
Leonard Benson and the Leonard Benson Company, which uses a mail drop address on West Sahara, was offering investments in “The Leonard Benson Private Gaming Fund” through the mail and through a website Benson operated. Benson’s website also offered courses in gambling strategy.

By Jake Sunderland
CARSON CITY — Do you know if you have enough homeowner’s insurance coverage for everything in your home? If you had to file a claim for a total loss could you list the value of every one of your destroyed possessions? Because the investments that you make in your personal hobbies and homes can have a great influence on your insurance needs, the Nevada Division of Insurance (Division) recommends that you create a home inventory to help make your insurance decisions easier.

CARSON CITY – A bill authorizing the state Treasurer to use up to $50 million in education funds to support economic diversification efforts and generate more money for public schools passed the Senate today despite questions about the constitutionality of the measure.
Senate Bill 75, amended twice before the vote, passed 12-9 with 10 Democrats and two Republicans in support. It will now be considered by the Assembly.
The bill is being sought by state Treasurer Kate Marshall.

Growing complexity in the sports book sector - and especially the demand for substantial fresh investments in technology - played a role in driving the sale of the Cal Neva Sportsbook Division and ...

By Andrew Doughman
CARSON CITY — The Legislature played host to a former director of the CIA yesterday, who came to voice support for a renewable energy bill.
James Woolsey, director of the CIA between 1993 and 1995, said the passage of the bill is a matter of national security.
Senate Bill 184 would establish a “feed-in tariff” program in Nevada, which would allow small-scale solar, wind, geothermal and other energy producers to “feed in” their energy to the grid.

By Sean Whaley
CARSON CITY – After a lengthy hearing in the Assembly today on what several witnesses said were the catastrophic effects of Gov. Brian Sandoval’s budget recommendations for higher education, Republican members held firm with the executive branch in a series of funding votes.

(AP) - Rep. Shelley Berkley said "jobs, jobs, jobs" is her top priority in Congress and that creating them will take investments in education, infrastructure and renewable energy."These are not ...

NEWS RELEASE — Jimmer Fredette, the All-American scoring guard for Brigham Young University will join the celebrity-studded field at the American Century Championship, July 12 – 17 at Edgewood Tahoe, in what is becoming one of the strongest line-ups in the tournament’s 22-year history.

The Nevada legislature just gave the finger to every law enforcement officer who daily puts his or her life on the line in the fight against illegal drugs. Officers like the Carson City deputies who discovered a boy being held in a makeshift home prison by his meth-addicted parents.

The same day that story broke, State Senator Sheila Leslie had to pull a bill that is designed to seriously interrupt the availability of essential ingredients for methamphetamine production, because it didn't have the support it needs to pass the Senate.

It's hardly a surprise.

Press Release — A leading national economic development executive who represents companies looking to relocate or expand throughout the United States, today told a group of more than 100 Reno and Tahoe businesses, community leaders and residents not to abandon current economic development initiatives, but to re-evaluate strategies and continue to fund them for future success.

By Elizabeth Crum / Nevada News Bureau
At 8:12 a.m. this morning, Rep. Dean Heller finally sent an email to his supporters announcing the U.S. Senate run I confirmed here last week.

Heller has a pretty new campaign website, and here is the text of the email:

Friend,

By Sean Whaley / Nevada News Bureau
CARSON CITY – Gov. Brian Sandoval is seeking significant changes to Nevada’s public employee pension plan in the 2011 legislative session to reduce the ongoing and long-term financial cost of the benefit to the state and taxpayers.
But if he wants fundamental change, he might look to the state university system’s retirement plan for faculty.

By GrandViewOutdoors.com
The battle to rid Alexander Creek of salmon-munching northern pike may escalate into a war next summer. More pike will be targeted by state biologists after the Alaska Department of Fish and Game was awarded $635,000 from the Alaska Sustainable Salmon Fund for a four-year program to kill pike.

That supplements $127,000 in state money devoted to the project.

Ramping down Nevada’s dependence on the gambling industry (and associated consumer spending) through developing new job-creating industries was the main topic at last Friday’s Nevada 2.0 economic forum at UNLV.
Lt. Gov. Brian Krolicki used the word “retooling” as he spoke of the need for diversity in his opening remarks, adding that he did not believe the vision of  an economically robust Nevada was “Pollyanna-ish.”

Carl Kuhl, a state Parole and Probation employee of six years, has created a plan that he claims will eliminate Nevada's budget deficit within two years.

In a news release issued on Tuesday, Kuhl said his plan not only will reduce the budget deficit but also help repair Nevada's economy at the same time. It is a pretty big claim, he admits, coming from an Accounting Assistant I, an entry level position.