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Recent Stories in Business

Lyft’s ‘Ski Rack’ ride program offers mountain-friendly service at Lake Tahoe, Reno

February 15, 2018 — Lyft launched a new ride type for passengers and drivers in the Lake Tahoe and Reno regions on Monday. The on-demand transportation company added the Ski Rack ride option. Ski Rack gives tourists and ski and snowboard enthusiasts a snow-prepped ride so they can leave

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Market Beat: Cycles of volatility in stock market

February 14, 2018 — The stock market goes through cycles of volatility on a fairly regular basis. The majority of the time, about 85 percent, the market is rising with relatively low volatility. The other 15 percent of the time, the market is falling with high volatility. These cycles

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An eye on redevelopment in Kings Beach

February 14, 2018 — A $3 million purchase agreement could pave the way for the first Kings Beach hotel to be built in years. The Placer County Board of Supervisors unanimously approved the agreement with developer Kings Beach Center LLC at their meeting on Feb. 6. Kings Beach Center

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Nevada trust companies growing wealth

February 12, 2018 — Nevada's favorable tax climate has made the state a fertile location for the growth of trust companies. Twenty-seven family trusts are licensed in Nevada along with 18 retail trusts. Family trusts manage the assets of a particular family, while retail trusts (or general trusts) accept

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Software and mobile app ideas for 2018 tax season

February 9, 2018 — With the advent of new technology, the number of people who file their taxes online has skyrocketed. According to accountingweb.com, of the 128,789,000 total filings in 2017, 95 percent of them e-filed. But there are myriad choices to file a tax return electronically. Choosing the

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Construction industry takes action on Nevada workforce shortage

February 9, 2018 — It's no secret that lack of workforce in the construction trades has been one glaring weakness in an otherwise robust Northern Nevada construction market. Data presented by the Nevada Governor's Office of Economic Development (GOED) and the Nevada Builders Alliance stated that by 2023 the

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Market Pulse: The 2018 Dogs of the Dow

February 9, 2018 — In the mid-1990s, a strategy called "Dogs of the Dow" became popular. Its popularity briefly waned in the late 1990s, as growth investing was all the rage. Once the internet bubble burst, however, the strategy performance improved and long-term investors benefited. The Dogs strategy is

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Many ways to research property information

February 9, 2018 — With more than 90 percent of all buyers doing at least part of their search on the internet when looking for a property, it seems like there is an endless supply of websites trying to act as the gateway to real estate information for the

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Home with Hollywood connections for sale on Tahoe’s North Shore

February 6, 2018 — Fans of “The Godfather” trilogy have the chance to purchase part of a North Shore property showcased in the film series, provided they have a few million dollars to spare. The Fleur du Lac Estates in Homewood were the backdrop for several scenes in Francis Ford Coppola’s

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Nevada sports books barely profit on Super Bowl

February 5, 2018 — Nevada's legal sports books made money on this year's Super Bowl — barely. According to Gaming Control Board Analyst Mike Lawton, the unaudited results of this year's wagering on the game indicate the 198 licensed sports books in Nevada won just $1,170,432 on wagers totaling

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Northern Nevada’s economy continues to climb, with big tech leading the way

February 5, 2018 — In 2011, Nevada, like many states, was getting hit hard by the unrelenting jabs of the Great Recession. The Silver State saw 175,000 of its jobs knocked out, had a wobbly unemployment rate of 14 percent and was tagged with an $800 million bill it

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Companies in Northern Nevada confident on heels of tax overhaul

February 5, 2018 — Since the Republican tax bill passed in Congress in late December, Justin Ivory, president at A-1 Steel Inc. in Sparks, has been beaming with excitement. The enthusiasm stems from the centerpiece of the $1.5 trillion tax bill: a reduction in the corporate income tax rate,

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Companies in Northern Nevada confident on heels of tax overhaul

February 4, 2018 — Since the Republican tax bill passed in Congress in late December, Justin Ivory, president at A-1 Steel Inc. in Sparks, has been beaming with excitement. The enthusiasm stems from the centerpiece of the $1.5 trillion tax bill: a reduction in the corporate income tax rate,

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ALLIANCE: Northern Nevada’s economy continues to climb, with big tech leading the way

February 4, 2018 — In 2011, Nevada, like many states, was getting hit hard by the unrelenting jabs of the Great Recession. The Silver State saw 175,000 of its jobs knocked out, had a wobbly unemployment rate of 14 percent, and was tagged with an $800 million bill it

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A look inside Edgewood Tahoe’s lakeside lodge

February 3, 2018 — When local officials and community members gathered at Edgewood Tahoe this past summer, they noted the reason for the occasion — completion of the $100-million lakeside lodge — was 25 years in the making. With Lake Tahoe and the mountains in the background, Nevada Gov.

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EpicPromise lends a helping hand for local community issues

February 3, 2018 — Vail Resorts has aided critical community issues in Truckee and North Lake Tahoe, in partnership with 40 other groups through their program EpicPromise. For this year's EpicPromise program, Vail Resorts wanted to make sure its contributions focused on the community's most needy issues. To do

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A look at the differences between banks and credit unions

February 2, 2018 — If it looks like a duck and quacks like a duck, it might be a goose. That's how George E. Burns, commissioner for the Financials Department of the State of Nevada, Department of Business & Industry, described the types of depository institutions in the state.

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Luxury shuttle service from Bay Area to Lake Tahoe to make maiden voyage today

February 2, 2018 — Bay Area residents traveling up the mountain for a weekend at Lake Tahoe now have a new option for getting there. Tahoe Convoy will make its maiden voyage to the North Shore today, Feb. 2, as part of a soft launch that, if successful, could

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New Wells Fargo president of Northern Nevada bullish on region’s banking climate

February 2, 2018 — Since migrating from the cornfields of central Iowa to the mountains of Northern Nevada in August, Wells Fargo Nevada Northern Region Bank President Yanus Nelson has been wide-eyed — and not just at the striking scenery. For Nelson, he's been equally amazed at the current

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Market Pulse: A look at the style index rotation

February 1, 2018 — Is it better to be a value investor or a growth investor? Last year growth indexes nearly doubled the performance of value indexes, but in 2016 value beat growth by a wide margin. Instead of being locked into one philosophy, it is best to employ

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