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Recent Stories in Business

Market Beat: Fixed income strategies

March 25, 2019 — Most investors should have some of their portfolio allocated to bonds or fixed income. As people get older and more conservative, they should increase their exposure to bonds appropriately. Bonds are subject to different types of risk, including default risk, interest rate risk and currency

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Truckee-based FiftyFifty to open 9,000 sq. ft. brewery in Reno Public Market in 2020

March 19, 2019 — Truckee-based FiftyFifty Brewing Co. plans to open its first-ever Nevada location at the Reno Public Market next year. According to a press release, FiftyFifty's planned 9,000-square-foot brewery will be the anchor tenant in the 25,000-square-foot food hall at Reno Public Market (formerly known as Shoppers

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Market Beat: Market and limit orders

March 18, 2019 — If you wish to buy or sell a stock or an exchange traded fund, there are several different types of orders that can be used to help achieve your goals. Whether you place your orders through a broker or are an online do-it-yourselfer, it helps

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Market Beat: Gold and silver mining

March 11, 2019 — The California gold rush began in 1848 after James Marshall found some gold nuggets near Sutter's Mill. Over 300,000 people ventured into California to seek their fortune in gold and California became the 31st state in 1850. Mining was also very important in Nevada; the

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North Lake Tahoe Resort Association assists businesses with mandatory sexual harassment prevention training

March 4, 2019 — An employer's legal obligation to provide sexual harassment prevention training has expanded under new law, SB 1343. As of Jan. 1, 2019, employers with five or more employees must provide two hours of sexual harassment prevention training to all supervisors and one hour to all

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Market Beat: Stock dividends for income

March 4, 2019 — Investors whose primary goal is current income should consider having a percentage of their asset allocation in dividend paying stocks. The low interest rates and flat yield curve that we have today make dividend paying stocks attractive. The amount of your portfolio allocated to stocks

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Market Beat: Fourth-quarter earnings update

February 25, 2019 — Earnings reporting for the fourth quarter of 2018 is winding down, to date about 80 percent of S&P companies have already reported and the results have been good. So far, the earnings growth rate for the S&P 500 has been 13.1 percent. If the growth

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Northstar California General Manager Nadia Guerriero on the move

February 20, 2019 — Nadia Guerriero, vice president and general manager of Northstar California Resort, will be promoted to vice president and chief operating officer at Beaver Creek Resort in Colorado, according a news release. Vail Resorts, Inc. this week announced a number of leadership changes to take place

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Market Beat: Retirement plan distributions

February 18, 2019 — Everyone should have some sort of retirement plan. There are several different types available. Individuals can establish IRAs, which can be either traditional or Roth. If you're self-employed, there are many options to choose from. You can establish IRA based plans, like SEPs, SIMPLEs and

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Market Beat: The Super Bowl Indicator 2019

February 11, 2019 — The New England Patriots won the Super Bowl by beating the Los Angeles Rams 13-3. That was the lowest score for a Super Bowl in the championship's 53e-year history and the Patriot's sixth Super Bowl victory, which ties the record with the Steelers. There is

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Meet Your Merchant: Cottonwood owners celebrate fourth year in charge, as restaurant reaches 30 years in Truckee

February 8, 2019 — The holiday season for restaurants in the Truckee-Tahoe area is always stressful for staff and management. Reservations are made well in advance for packed dining rooms, family is in town, and expectations from patrons are high to say the least. For owners of Cottonwood Restaurant

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Market Beat: College savings plans

February 4, 2019 — A college education is very important these days to obtain a good job. Tuition is also very expensive and has risen substantially over the last 30 years. Many college students use student loans to get through school and graduate with a tremendous debt load. The

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Market Beat: Jack Bogle’s legacy

January 28, 2019 — The investment world lost one of its' true pioneers recently when Jack Bogle died on Jan. 16 at age 89. Jack was best known for inventing index funds and founding the Vanguard Group. He started index funds in 1974. When he graduated from Princeton University

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Old Trestle launches Truckee’s first distillery in 100 years

January 23, 2019 — With the release of Theory Gin, Old Trestle Distillery brings distilling back to Truckee offering its first locally made spirit. According to a news release, Truckee was a mecca of spirits in the late 1800s and has a rich history of distilleries, speakeasies and saloons.

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News Briefs: South Lake Tahoe man accused of killing roommate with piece of firewood

January 18, 2019 — South Lake Tahoe man accused of killing roommate with piece of firewood A South Lake Tahoe man is in custody for allegedly killing his female roommate with a piece of firewood. South Lake Tahoe officers initially responded to a report of an assault with a

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Ritz-Carlton, Lake Tahoe sells for $120 million

January 16, 2019 — Global real estate investment company Kennedy Wilson announced Wednesday the sale of the Ritz-Carlton, Lake Tahoe for $120 million to Braemar Hotels & Resorts. Braemar Hotels & Resorts announced in November it had agreed to acquire the 170-room Ritz-Carlton Lake Tahoe in Truckee. At that

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Market Beat: Looking ahead to 2019

January 14, 2019 — This should be an interesting year for the markets. 2018 closed out with high volatility and negative returns for most of the major indices. Market volatility tends to run in cycles, spending about 85 percent of the time falling with the market rising. The other

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Ken Roberts’ Market Beat: Historical bear markets

December 30, 2018 — The major averages just finished their worst day of trading on Christmas Eve ever. On Dec. 24, The Dow Jones industrial Average closed down 653.17 points which is a fall of 2.91 percent, the S&P 500 was down 65.52 points or 2.71 percent. A bear

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Ken Roberts: Protecting retirement plan assets

December 17, 2018 — For most Americans, their retirement account represents a significant portion of their net worth. Qualified retirement accounts like 401(k)s and 403(b)s have some protection from creditors under federal ERISA law. IRAs also have creditor protection, but the amount varies from state to state. If you

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Market Beat: Year-end tax planning

December 10, 2018 — As the year end approaches it is a good time to review your portfolio for tax considerations. There have been some changes in the last year due to new legislation. If you have realized long-term capital gains in your account, you might want to review

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