Stories for July 2020

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Friday, July 31

'Bridging the gap' – inside the $33.2 million first step to connect UNR to downtown Reno

The $33.2 million parking garage project at UNR, being worked on by Clark/Sullivan Construction, marks the first piece of development that would eventually link the southern end of campus to the downtown core.

Courtesy UNR / Watry Design, Inc.

Renderings by Patrick Ghiringhelli, of Digital Imaging Studio, of the University Gateway parking complex.

Plumas Bank: Building a business team? Include these 4 members

No matter how big or small your business is, your core team should be composed of four members: a banker, investment broker, accountant and attorney, writes Ty A. Nebe of Plumas Bank.

Biz & Books review: Planning for retirement sure isn’t like it used to be

At 35 years old, author Elizabeth White caught the entrepreneurial bug and became a business owner; though the business failed, she was resilient and landed some consulting gigs that put her finances back to where they were before. Then the Great Recession hit.

Photo: Mig Dooley

Author Elizabeth White.

Photo: Getty Images

Four team members should anchor to any successful business — a banker, investment broker, accountant and attorney.

Reno senior care company refinancing building in $4.586 million deal

The $4.586 million deal includes a low-interest SBA 504 loan facilitated by Nevada State Development Corporation. Heritage Bank of Nevada partnered in financing.

Nevada Gold Mines donates $35,000 to Elko community foundation

The $35,000 donation from Nevada Gold Mines will be added to the Community Foundation of Elko County Endowment.

People: Jennie Parker named director of shared services at UNR Med's University Health

Jennie Parker has been employed with UNR Med’s practice plan since 2011. She also serves as project manager under the Director of IT for system upgrades and enhancements.

Thursday, July 30

Tomi Jo Lynch: 'Focus on the positive and the possible' when it comes to COVID and commercial real estate

"The more that people can focus on the positive and the possible, the quicker our economy will come back and we can climb out of this," Tomi Jo Lynch of SVN Gold Dust Commercial Associates in Reno said in an interview with the NNBW.

Photo: Jeramie Lu

Northern Nevada’s commercial real estate market “was red hot” prior to the pandemic, Tomi Jo Lynch told the NNBW.

Nevada State Bank: Five ways to sidestep coronavirus scams

While you’re taking precautions to help protect yourself from the virus, make sure to take precautions for yourself and your business against scams as well, writes Rick Thomas of Nevada State Bank.

High-tech manufacturer growing fast since 2018 launch in Reno

Jim Belosic, CEO of SendCutSend, says his company, which started two years ago with three employees, is up to nearly 20 staff members — “and we’ll probably double that in a year.”

Nevada casinos report $566.8 million in June win, down 45% from last year

The totals reported Wednesday by the Nevada Gaming Control Board were a major improvement from near-zero in April and May due to coronavirus closures.

People: Joel Grace promoted to COO of Reno Land Inc.

Grace previously worked as Vice President of Development for Reno Land Inc.

Nevada lawmakers sign off on $20 million commercial rent payment program for small businesses

“The further we get outside of the eviction moratoriums, the closer we are to our small businesses facing eviction through no fault of their own," says Nevada Treasurer Zach Conine.

Photo: David Calvert / Nevada Independent

People wait in line to order an Awful Awful burger from the Little Nugget in Downtown Reno on Friday, July 24, 2020. The longtime downtown business will close for good July 31.

Wednesday, July 29

With Reno-Sparks retail, ‘tough to tell who is going to survive’

“The story seems to be unfolding day by day, and the longer it goes on, the harder the struggle is for both national and local retailers ... It’s really tough to tell who is going to survive and who isn’t,” says Jim Kaplan, who owns the Crossing at Meadowood Square in Reno.

Proposal to build medical waste incinerator at TRIC near Reno faces opposition

A medical waste disposal company with a record of environmental compliance issues is facing pushback over a proposal to build an incinerator at the Tahoe Reno Industrial Center, reports The Nevada Independent.

Photo: David Calvert / The Nevada Independent

Wild horses ram near the Tahoe Regional Industrial Center on Wednesday, Sept. 12, 2018.

Thought Leaders: Nevada rolls back COVID-19 moratorium on evictions, foreclosures in phases

It is important be aware of updated provisions that supplement an "already confusing statutory structure that describes the rights and responsibilities Nevada tenants, landlords, property owners and lenders," writes Chelsea D. Bibb, Esq., of Allison MacKenzie, Ltd.

Buzz Harris: Sometimes, you have to kiss a lot of frogs to find a prince (Voices)

"I can’t believe the times I’ve seen a potential buyer’s chin hit the floor when they realized the financial investment it takes to purchase a good company with positive cash flow."

People: David Hansen new CEO of Hometown Health

The new CEO of Hometown Health has an MBA in Finance and Business Policy from the University of Chicago, and a BA in Economics and Business from the University of California, Los Angeles.

Act co-authored by Cortez Masto would connect underprivileged youth with business leaders

"This is an opportunity for those students to now meet a mentor in the business community that can also talk to them about their options and potential to be entrepreneurs," U.S. Sen. Catherine Cortez Masto (D-Nevada) told the NNBW.

Tuesday, July 28

'Subject to change:' Carson City schools will have hybrid model to start year

The Carson City School Board on Tuesday approved a hybrid model for its school reopening plan in a 4-3 vote after a lengthy discussion covering special considerations such as sanitizing school campuses or how the district might support working parents.

GOED awards $150,000 to 30 small businesses

The Governor’s Office of Economic Development has awarded $150,000 in federal grants to 30 small Nevada businesses. Gov. Steve Sisolak said the grants are designed to support the expansion of those businesses into foreign markets. These grants follow the $204,000 awarded to 38 businesses through the State Trade Expansion Program (STEP).

Jim Valentine: A little bit of knowledge

Every transaction has dozens of decisions to be made in a multitude of expertise arenas, each with its respective consequences. As things occur Buyers and Sellers have questions about what is happening, what happened, or what is going to happen. Agents usually explain in a cursory manner so there is a logical explanation as to what is going on and why they are doing, or not doing, something.

COVID’s long-term impacts to commercial office space in Reno-Sparks still unfolding

The full effects of the pandemic on commercial office space in Northern Nevada likely won’t be revealed for years, but landlords across America remain on edge as millions of white-collar workers transition to home offices — and those who remain work under new safety standards and distancing protocols.

Sisolak allows bars in 3 rural Nevada counties to reopen; updated reopening plan coming next week

“In hindsight, I don't know if (shutting down bars wholesale) was the fairest way to do it...” Sisolak said Monday.

After COVID-19 delay, Noble Pie Parlor opens third Reno location

The third location for Noble Pie, originally slated to open in March, is located in the space formerly occupied by Chocolate Bar at The Summit.

Michael Bosma: Washoe County’s personal property tax paradox (Voices)

Remember: If a business fails to file a personal property declaration, the Washoe County Assessor will make an estimate of the property’s taxable value, writes Mike Bosma.

People: Vistage Chair Chuck Alvey earns 'Take Flight' instructor certification

Chuck Alvey, a seasoned Vistage Chair, former EDAWN CEO and longtime Reno businessman, recently earned his Take Flight with DISC Learning instructor certification.

The Abbi Agency acquires London-based digital firm

The acquisition — which includes the absorption of five Made by Chance employees — closed in April 2020. Terms of the transaction were not disclosed.

Monday, July 27

Kelly Bullis: IRS gets nice; don’t get used to it

One of the “benefits” of this COVID crisis is a nicer IRS. I know, you’re saying, “Kelly! Are you kidding me? It’s not in the IRS’ genes to be nice.” Well, maybe President Trump is forcing them to be nice, but in either case, at least for now, we can enjoy a “friendly” IRS. Here are some of the things the IRS is doing right now to make it easier for folks suffering financial hardships due to the COVID disaster.

In spite of aid, some Nevada small businesses shutting down for good

Closures of businesses that have long reigned in communities, such as the Santa Fe Basque restaurant and the Awful Awful Burger in Reno, have caused sadness among community members who grew up patronizing the establishments. The Nevada Independent reports.

Photo: David Calvert / Nevada Independent

Christina Ciaccio of Mindful Cupcakes, poses for a portrait with her daughters in Downtown Reno on Friday, July 24, 2020.

Photo: David Calvert / Nevada Independent

Christina Ciaccio of Mindful Cupcakes, poses for a portrait in Downtown Reno on Friday, July 24, 2020.

Photo: David Calvert / Nevada Independent

The Sante Fe Hotel, a Basque restaurant, in Downtown Reno on Friday, July 24, 2020.

Photo: David Calvert / Nevada Independent

People wait in line to order an Awful Awful burger from the Little Nugget in Downtown Reno on Friday, July 24, 2020..

Nevada Builders Alliance: Bank Saloon to open Oct. 1

The Nevada Builder's Alliance, backed by a line of credit from Heritage Bank and the assistance of Miles Construction, is nearly done with the large-scale renovation project of the new Bank Saloon.

NNBW Editor: Five ideas to attack multitasking in the age of COVID (Voices)

For many working professionals, it can be a major challenge to hard pivot from one project to another while keeping the wheels of efficiency constantly whirling — all while trying to strike a good work-life balance amid a WFH-saddled pandemic.

Virtual input sought on economic development for downtown Lovelock

“This is a unique opportunity to collaborate on solutions and realize a shared vision for redevelopment and infrastructure needs in this crucial economic district, which impacts our entire community."

People: Todd DeRemer new GM of Rail City Casino in Sparks

Prior to his new role at Rail City Casino, Todd DeRemer served as Assistant General Manager for Aliante Casino + Hotel + Spa in North Las Vegas.

Reno-Sparks industrial developers seeing healthy market conditions, though COVID uncertainty looms

Northern Nevada’s core strengths in logistics, coupled with the emergence of newer industries such as advanced manufacturing and technology — along with constant consumer demand for goods — is helping the greater Reno-Sparks industrial market weather the COVID-19 storm.

Sunday, July 26

Reno’s Little Nugget closing, Carson Nugget not going anywhere

With the announcement that the Little Nugget in downtown Reno is closing its doors, some folks seem to have gotten confused and think the Carson Nugget is the casino closing. Carson Nugget CEO Dean DiLullo said the Nugget, now in its 66th year of continuous operation, isn’t going anywhere.

Saturday, July 25

Regular unemployment claims rise in Nevada

A total of 15,548 people filed for unemployment in the week ended July 18, an increase of 882 initial claims over the week before. Continued claims — those already receiving benefits —increased by 10,083 to 306,077. That is the third straight week of increases in continued claims.

Friday, July 24

Lean and nimble: SaaS companies in Reno not slowed by pandemic

The SaaS industry has been one of the fastest-growing tech sectors worldwide. And with revenue still streaming into cloud-based software despite the coronavirus pandemic, one could argue SaaS companies are positioned better than most to weather the COVID crisis, reports Kaleb M. Roedel.

Sparks-based NevadaNano inks marquee deal with Canadian firm

NevadaNano's sensor technology is the first new approach to flammable gas detection in over 40 years, the company's senior director of business development, Bob Christensen, told the NNBW.

Nevada cannabis company faces record $1.25 million in penalties, loses licenses

Nevada's Cannabis Compliance Board approved an agreement that revokes licenses from CW Nevada, and forces the company to pay $1.25 million to settle allegations that the company had large quantities of marijuana off-the-books, sold cannabis that appeared to be untested and destroyed evidence.

Google announces 3 new career tech skill certificates

Part of the Grow with Google economic initiative, the certificates are designed to equip participants with the essential skills they need to get a job; Google also announced it is funding 100,000 need-based scholarships enrollment.

At inaugural meeting, Nevada's new cannabis board OKs new regulations

Among the biggest changes approved Tuesday at the first-ever meeting of Nevada's new Cannabis Compliance Board was across-the-board increase in penalties for marijuana companies found in violation of the rules.

Dickson Realty lands most agents on 2020 REAL Trends list in Northern Nevada

“We are proud to be affiliated with the best of the best,” said Nancy Fennell, CEO of Dickson Realty.

Thursday, July 23

Builders Alliance plans to open Carson City's historic Bank Saloon

The Nevada Builders Alliance says it is closing in on finishing the renovation of the Bank Saloon in downtown Carson City. The historic stone block structure across from the Nevada Legislature first opened as the Bank Saloon in 1899. For years until it closed, it was known as Jack’s Bar where countless legislative compromises were worked out.

Miles Construction wins Summit Award for Nissan dealership

Miles Construction was awarded Retail Development of the Year for the Carson City Nissan dealership during the annual Summit Awards. The annual awards acknowledge and recognize commercial real estate development and brokerage agencies for work completed in the prior year.

After 2019 launch, Discover Podium in Reno aims to double staff in 18 months

Jacob Warwick, CEO of Discover Podium, says the company that launched only a year ago in Reno recently surpassed $1 million in revenue and has big plans for growth in the coming months.

Tech startup Bookit Sports newest addition to RNOX's inaugural R.E.A.L. program this summer in Reno

Staked with an initial $100,000 investment, the founders of sports betting tech startup Bookit Sports are converging on Reno to participate in RNOX's inaugural Rapid Entrepreneurial Accelerated Launch (R.E.A.L.) program this summer.

Photo: Kaleb M. Roedel / NNBW

RNOX’s Shaunt Sarkissian and Juston Berg have a chat inside the Reno-based tech accelerator’s office space in south Reno in mid-July.

1 year after launch, Reno Seed Fund halfway to initial goal of 20 angel investments

The NNBW's Kaleb M. Roedel caught up recently with Gene Wong, director of the Reno Seed Fund, to talk about the fund's growth since its inception a year ago, venture capital plans over the next 15 months and how the COVID-19 pandemic has impacted the word of angel investing.

Nevada State Bank: Start your business on the right financial footing

From Nevada State Bank: Establishing and growing a small business, especially in today’s difficult economic climate, takes a huge commitment of time and effort.

Bank of America donates $10,000 to 2 Reno youth for Student Leaders program

Harshavardhini Manivannan, a senior at Davidson Academy; and Harini Tirumala, a senior at Galena High School, each received $5,000 via Bank of America's Student Leaders program.

People: Bill Frame, Brian Hatcher promotions round out Kidder Mathews succession plan

As part of the succession plan, Jeff Lyon, who has served as Chairman & CEO for 20 years at Kidder Mathews, will remain Chairman of the firm.

Wednesday, July 22

Carson City-based Simerson Construction builds new HQ

Simerson Construction has built a new headquarters at 1617 Forrest Way in Carson City. The $1,250,413 deal included a 3.204% interest SBA 504 loan, with only 10% down, facilitated by Nevada State Development Corp. Heritage Bank of Nevada partnered in the financing package.

Carson City’s Foothill Trail receives additional TLC

There’s nothing better than fresh air to restore the mind, body, and soul, and in these troublesome days when we must wear masks just about everywhere, it is nice to be able to breathe in fresh air as we exercise our bodies and clear our troubled minds.

The best in commercial real estate – 15th annual Summit Awards winners

The Summit Awards are the premier commercial real estate achievement awards for contractors, brokers, developers and other service providers in the Northern Nevada region.

Northern Nevada Business Weekly

Winners of the 2019 Summit Awards were announced in June. Go to www.facebook.com/SummitAwardsNorthernNevada to view a video announcement.

Primed for a pandemic: Two Reno startups that are set up for success in the COVID era

The hottest market right now in tech is videoconferencing software, an industry expected to be worth more than $50 billion by 2026. And Elizabeth Redmond, co-founder and CEO of CoWorkr, and Perry Rosenstein, founder of Icebreaker, are ahead of the curve.

‘A dam about to burst’: Pipeline of startups eying Reno-Sparks bigger than ever amid COVID

With a lower cost of living, higher chance of sticking out, easier access to the outdoors and friendlier tax climate, many Bay Area entrepreneurs were already leaning toward a Reno-Sparks move prior to the pandemic. Now, the impact of COVID-19 may tip the scales greatly for Northern Nevada, regional experts say.

Scientists seek protection of buckwheat plant threatened by Nevada lithium mining

The Rhyolite Ridge Lithium-Boron Project, located in the Silver Peak Range near Tonopah, is one of several new proposed projects in Nevada that are aimed at extracting lithium.

Photo: Patrick Donnelly / Center for Biological Diversity

Tiehm's buckwheat's habitat overlaps with a proposed mining project near Tonopah, Nev.

New fitness studio opens in Reno near Bartley Ranch

Despite the challenges of the COVID-19 pandemic, Nicole Shutt Studio Sculpt opened in early July on Lakeside Drive near Bartley Ranch.

People: Danielle Squire new Operations Administrator at United Construction

Danielle Squire, who joined Reno-based United Construction Compay in early 2018 as a Project Administrator, was recently promoted to the role of Operations Administrator.

$17.3 billion casino merger complete; Eldorado Resorts now Caesars Entertainment

Now known as Caesars Entertainment, Inc. the "transformative merger" means that the former Eldorado Resorts in Reno operates more than 55 casino properties worldwide.

Tuesday, July 21

Nevada's economic reopening restores half of lost jobs in June

June’s partial reopening of the Nevada economy restored nearly half of the jobs lost to the shutdown. The Department of Employment, Training and Rehabilitation reports that the jobless rate fell from just about 30 percent in April to a raw rate of 15.2 percent in June.

Judge rules Nevada gig workers should get stopped benefits

LAS VEGAS — A Nevada judge said Monday the state unemployment office has to begin paying pandemic relief benefits to out-of-work gig and independent workers who haven't completely stopped working and were cut off from receiving payments. Judge Barry Breslow in Reno ruled that Pandemic Unemployment Assistance payments should begin next week, said Mark Thierman, an attorney representing nine plaintiffs among a group he said totals nearly 190,000 people. Another hearing is scheduled July 30.

Judge orders Nevada DETR to start paying more PUA claimants, stops short of granting all requests

More than 200,000 Nevada PUA claims have not been paid; some are flagged for pending issues including questions about eligibility, but state officials say many are likely fraudulent.

Dayton auto parts store, Boulder City restaurant cited $13,533 for violating COVID safety measures

According to the state, follow-up visits have been conducted at 225 businesses, and OSHA officials found that 94% of those businesses are now in compliance.

Michael Bosma: Top 10 tax misses this filing season (Voices)

Not changing your method of accounting; not putting your minor children to work; and making too much taxable income are just a few mistakes uncovered this (extended) tax season, writes Mike Bosma.

Rounds Bakery in Reno closes retail operations

“COVID-19 has cleared the table,” Anton Novak, Rounds Bakery co-owner, said. "... We must socially distance, and our retail model does not support that right now.”

Labor board in settlement talks with Nevada Gold Mines after agency accuses it of 'unlawful conduct'

The case revolves around how Nevada Gold Mines, a joint venture between mining competitors Barrick and Newmont, consolidated workforces after merging operations last year.

Monday, July 20

Reno's Eldorado finishes $17.3 billion buyout of Caesars Entertainment

LAS VEGAS — A Nevada company that started in 1973 with a single hotel-casino in Reno announced Monday it has completed a $17.3 billion buyout of Caesars Entertainment Corp. and will take the iconic company's name going forward as the largest casino owner in the world. Eldorado Resorts Inc. said the combined company will now own and operate more than 55 casino properties in 16 U.S. states, including eight resorts on the Las Vegas Strip.

Dayton auto parts store cited by state

A Dayton auto parts store is one of two businesses cited for violating health and safety measures, according to a news release from the Nevada Department of Business & Industry. O’Reilly Auto Parts, 9 Retail Road number 2 in Dayton, was cited July 17 and penalized $8,675, according to the release. The citation at O’Reilly Auto Parts was issued after officials observed noncompliance with one or more requirements of general and industry-specific guidance and directives during both the initial observation and a follow up visit by division officials.

NNBW Editor: Best in Business contest returns for 2020 (Voices)

After everything that’s happened this year, we can’t wait to give our business community the awesome recognition it deserves. Read more about the 2020 rendition of the NNBW's Best In Business awards:

Nevada SBDC counsels 1,635 small businesses during pandemic so far

Since late March, the Nevada Small Business Development Center counseled 1,635 small business owners who needed assistance in navigating the CARES Act disaster assistance funding, learning new skills related to disaster preparedness and resiliency, and pivoting existing business models.

Nevada Legislature OKs cuts to healthcare, education to wrap 12-day special session

The bills are designed to cover the projected $1.2 billion General Fund shortfall this fiscal year that was created by the economic shutdown to slow the spread of COVID-19.

People: Laura Moline, Christianne O’Malley of RE/MAX make top agents list

Moline has been a full-time agent working in the Carson Valley for over 20 years. O’Malley also has more than 20 years of experience as an agent; she works out of the Reno office.

Nevada Gold Mines invests $5 million into ‘I-80 Fund’ for rural businesses

“The ‘I-80 Fund’ will provide a means to help strengthen our local economy following the devastating impact of COVID-19,” Nevada Gold Mines Executive Managing Director Greg Walker said.

Sunday, July 19

Saturday, July 18

Jim Valentine: Update from the trenches

We are in the middle of a global pandemic with interest rates so low they are practically paying borrowers to take the money and the market is booming. Despite having to practice social distancing by meeting buyers at the home in separate cars, wearing masks to enter homes, and being limited as to what we can touch in the home, houses are jumping off the proverbial rack.

Friday, July 17

New Jersey regulators OK Eldorado-Caesars deal

A $17.3 billion buyout creating the world's biggest casino company won final approval Friday, with New Jersey gambling regulators agreeing to let Nevada-based Eldorado Resorts Inc. acquire Caesars Entertainment Corp. It comes after an antitrust analyst had assured the New Jersey Casino Control Commission that the deal affecting four of the nine casino-resorts in Atlantic City would not concentrate too much of the local gambling economy in one company's hands.

Twenty Under 40 Q-and-A: Lauren Berkich of Berkich Lucey Law Group

"In Nevada, we’re continuing to grow and continuing to build our economy and our population, but our roots are still small town," says Lauren Berkich of Berkich Lucey Law Group, about the importance of small business to the future of Northern Nevada.

6 Northern NV businesses fined $43,115 for COVID-19 safety noncompliance

In all, three Carson City businesses were fined $8,675; while two in Reno were fined $3,643 and $7,374, and a sixth in Dayton was fined $6,073, all for apparent violations of COVID-19 safety measures.

People: Neil Saiz tapped as 'field trainer' for Edward Jones in Sparks

Neil Saiz, who runs an Edward Jones branch in Sparks, has been tapped as a “field trainer,” a position created for advisors who voluntarily give time and energy to help new colleagues succeed.

Gardnerville earns 2020 Main Street America accreditation

As the only Main Street Accredited program in Nevada, Gardnerville in 2019 reported $1.88 million was generated in public and private reinvestment; seven new businesses opened; 21 new jobs were created; four buildings were rehabilitated; and volunteers contributed 5,840 hours, according to Nevada GOED.

People: Chandler Allen to lead USDA rural business programs in Nevada

Chandler Allen, who graduated first in his class from the UNR School of Business Finance while serving six years with the Reno Air National Guard, most recently worked as the Economic Development Director for the Fallon Tribal Development Corporation.

Carson City Chamber Leadership Institute graduates 20

Twenty students were presented their Leadership Certificate of Completion by Mayor Robert Crowell — honorary graduate of the Class of 2012 — who has presented each class with their certificates since becoming mayor in 2008.

Thursday, July 16

Carson City businesses fined for COVID-19 safety measure failures

The Nevada Division of Industrial Relations fined both Carson City Walmarts, the Jacks Valley Road Home Depot and the Dayton Grocery Outlet for violations with COVID-19 safety measures. Nevada OSHA in a Thursday press release said the Carson City stores were all fined $8,675.

Reno-Sparks home sales see big uptick from May to June; median price at $407K

Greater Reno-Sparks saw 537 home sales in June — up 32.9% from May, though that figure is still down 6% from June 2019.

Courtesy RSAR

This graphic from RSAR shows the trend over the past 3 years of units sold across greater Reno-Sparks.

Reno Public Market to launch new art collective with Bay Area inspiration

Reno Public Market will partner with Bay Area artists Tom Franco and Larry Silva to create the new art collective at the new development in Reno.

People: Renown's Suzanne Hendery named 'Marketing Person of the Year'

Suzanne Hendery, Chief Marketing Officer for Renown Health, was selected as 2020 "Marketing Person of the Year” as part of the 2020 Medigy HITMC Awards.

Agate Construction wraps up work on Mamma Celeste’s restaurant in Sparks

Agate Construction teamed with MBA Architecture and Interior Design on the project. Mamma Celeste’s Gastro Pub and Pizzeria aims to open in August.

People: Shari Chase named to City National's Northern Nevada Advisory Board

City National Bank announced July 1 it has named Shari Chase, founder and CEO of Chase International, as the newest member of its Northern Nevada Advisory Board.

Wednesday, July 15

Nevada's jobless rate improves to 15% in June

“Although this month’s numbers were a significant improvement, Nevada is currently experiencing one of the greatest economic shocks in history," according to the state.

Courtesy Nevada DETR

This graph included in the Nevada DETR June 2020 report shows rate of job growth in the Silver state from July 2018 to June 2020.

Unemployment down to 15 percent, Nevada adds nearly 100,000 jobs

Nevada’s unemployment rate dropped from more than 25 percent to 15 percent in June as the state added back 98,900 jobs. A spokesman said the vast majority of those jobs were in the hospitality industry as hotel-casinos across the state reopened for business — 72,700 of the total.

Walmart to require customers to wear masks at all stores

NEW YORK — Walmart will require customers to wear face coverings at all of its namesake and Sam's Club stores, making it the largest retailer to introduce such a policy that has otherwise proven difficult to enforce without state and federal requirements.

Since launching in 1999, ITS Logistics nears $300 million in annual revenue

In 1999, ITS Logistics launched with three founders and three employees. Ten years later, the company has more than 600 employees and expects to hit $300 million in annual sales, says CEO Scott Pruneau.

Photo: ITS Logistics

Scott Pruneau says Nevada’s low corporate tax structure allows companies to create reinvestment strategies that enable growth.

Ann Silver: Rethinking how and why we work with the Workforce Consortium (Voices)

"This pandemic has required many companies to reinvent how they will work with their staff, customers, suppliers and colleagues," writes Ann Silver, CEO of the Reno+Sparks Chamber of Commerce, in her monthly NNBW Commerce Matters column.

Plumas Bank named to Russell 2000 Index

“Inclusion in the Russell 2000 Index is further recognition of the performance and growth of our company,” says Plumas Bank CEO Andrew J. Ryback.

Voices: ‘Non-essential’ businesses need your support to thrive

"If we lose our brick-and-mortar stores, we lose our character — the character we have worked so hard to attain and millions of tax dollars to gain. We also lose many jobs," opines Ronni Hannaman of the Carson City Chamber of Commerce.

People: Jennifer Ott to chair Nevada Council on Food Security

Gov. Steve Sisolak recently named Nevada Department of Agriculture Director Jennifer Ott as the new chair of the Nevada Council on Food Security.

OSHA: 8 Northern Nevada businesses could be cited for mask noncompliance

According to the state, a total of 147 follow-up visits have been conducted at businesses in which initial non-compliance was observed — as of Tuesday, 9 businesses face citations, 8 in Northern Nevada and 1 in the south.

Tuesday, July 14

Boyd Gaming laying off workers in 10 states

LAS VEGAS — A U.S. casino company with 29 properties in 10 states is laying off thousands of employees, citing a slow restart to business following closures due to the coronavirus pandemic. Las Vegas-based Boyd Gaming Corp. said in a statement Monday that an unspecified number of furloughed employees will not return to work.

Business, interest groups push COVID liability, worker protections and more for second special session

As the current special session drones on in Carson City, Nevada's business community, progressive activists and unions are working behind the scenes pressing lawmakers to consider a host of proposals during a second special session.

Michael Bosma: Re-writing the business playbook post COVID-19 (Voices)

"I thought it prudent to revisit the basic tenets of entrepreneurship, and hopefully give a few nuggets that could help you and your team focus on a sustainable business model, well beyond the current pandemic," writes Mike Bosma.

Crews break ground on new Safeway in Damonte Ranch

Lewis Retail Centers is planning on designing and building more space at the Damonte Ranch Town Center for more retail tenants soon after the 62,000-square-foot Safeway opens in spring 2021.

Prema Farm one example of how organic farm industry is tweaking business models due to COVID-19

Prema Farm's "new normal" of contactless home delivery before dawn breaks is a microcosm of how the region's organic and urban farmers are tweaking their business models in response to the coronavirus pandemic.

People: Reno's Casey Prostinak top SVN broker for May, top 5 year-to-date

Casey Prostinak has been with SVN Gold Dust Commercial Associates in Reno for five years now as a Senior Advisor, specializing in industrial property.

Nevada treasurer reveals details of $50 million rent payment assistance program for residential, commercial tenants

The program could provide $30 million to roughly 8,300 residential tenants in Nevada who are overdue on rent three months' worth of payments — a drop in the bucket of what some experts think is needed.

Photo: Joey Lovato / The Nevada Independent

in his office on July 13, 2020.

Monday, July 13

Carson City Chamber Leadership Institute graduates 20

The Carson City Chamber Institute Leadership Class of 2020 graduated on Wednesday, July 8. Twenty students were presented their Leadership Certificate of Completion by Mayor Robert Crowell — honorary graduate of the Class of 2012 — who has presented each class with their certificates since becoming mayor in 2008.

Dry spell in Carson Valley better for harvesting hay than growing it

According to the U.S. Department of Agriculture, Nevada alfalfa hay sold for an average of $180 a ton during May, up from $165 a ton from last year. All other types of hay are selling for $175 a ton.

Photo: Kurt Hildebrand / The Record-Courier

A hay rake makes its way across a Park Cattle Field in preparation for baling. Dry weather is good for harvesting, but lack of precipitation makes it harder to grow hay.

Reno's LP Insurance acquires Meridian Insurance in Carson City

As part of the acquisition, Karen Wagner, former head of sales and service operations for Meridian Insurance, has been named an EVP at LP Insurance.

NNBW Editor: Imagining a world without social media (Voices)

There is so much negativity and ill-conceived hatred flowing through the cesspool that is social media these days that it can sometimes feel like you're drowning from trying to bore through the negativity in order to effectively understand an issue.

Lawmakers vet mining revenue, roadwork funds and overdue taxes in quest to fill major budget gap

Progressive groups have singled out mining as a potential source of tax revenue to help the state shore up $1.2 billion in budget cuts due to COVID-19 closures, reports The Nevada Independent.

Photo: David Calvert / The Nevada Independent

Nevada State Senator Ben Kieckhefer exits the Senate chambers on the fourth day of the 31st Special Session of the Nevada Legislature in Carson City, Nev., on Saturday, July 11, 2020.

Photo: David Calvert / The Nevada Independent

Nevada State Senator Heidi Gansert on the fourth day of the 31st Special Session of the Nevada Legislature in Carson City, Nev., on Saturday, July 11, 2020.

Photo: David Calvert / The Nevada Independent

Nevada State Senator, Pete Goicoechea inside the Senate chambers on the first day of the 31st Special Session of the Nevada Legislature in Carson City, Nev., on Wednesday, July 8, 2020. (David Calvert/The Nevada Independent)

Small businesses in Verdi staying afloat thanks to loyal local following

The handful of small businesses dotting Old Highway 40 in Verdi — the unincorporated community straddling the Truckee River a stone's throw west of Reno — are chugging along just fine amid the pandemic, thanks to loyal customers.

Photo: Kaleb M. Roedel

Jason Tolotti, owner of Sasquatch Tavern and Grill in Verdi, said sales numbers have been “remarkable” despite being limited to 50% capacity upon reopening in May — thanks to repeat visits from loyal local customers.

Nevada unemployment claims rise 12% for week ending July 4

As of July 04, 562,482 total claims have been filed for standard unemployment insurance in Nevada — 540,834 of those claims have been filed since March 14.

Sunday, July 12

Kelly Bullis: Will 10-year averaging work for you?

Now here’s a tax trick for some folks. If you were born before Jan. 2, 1936 and you’re taking a lump-sum distribution from a qualified retirement plan, you may use an OLD tax strategy, long forgotten, called “10-Year Averaging.” 10-Year Averaging is exactly what it says, in effect, you’re treated as if you’re receiving the payout over 10 years for tax purposes. Why is this helpful? Tax rates go up when your income goes up, and by basically coming up with the top applicable tax rate if you only reported 1/10th of the lump-sum amount, your total tax could be significantly lower!

Saturday, July 11

Jim Valentine: Problems in the escrow

Problems will arise during the course of the escrow process, it just happens. We’ve long said about our real estate profession “The essence of the job is solving problems!” Things can be sailing along when out of nowhere a challenge is presented. That is when your agent will earn his keep. Escrow challenges can come from either party or outside influences. Outside influences can include a lender issue, whether it be their incompetence in performance, or their efficiency that turns up a processing problem.

Nevada unemployment claims rise 12 percent in week ended July 4

The number of initial unemployment claims increased 12.4 percent in the week ended July 4, to 12,484. That is the second consecutive week of increased regular claims. Just 131 new claims were filed in Carson City and 69 in Douglas. Churchill reported 24 new claims and Lyon County 66. Storey County reported just one initial claim for the week.

Friday, July 10

Registration open for new rural Nevada construction training program

The introductory 80-hour program — announced in May as one solution to Nevada's oft-lamented skilled labor shortages — is designed to train people in construction, building maintenance and related trades.

Reno experts weigh in on retirement investments amid COVID uncertainty

We spoke with a pair of Reno financial experts who advise that intelligent investing for retirement should prioritize long-term outcomes over short-term needs.

Photo: Getty Images

It’s important to not overreact to the uncertain state of affairs in 2020 — experts advise that intelligent investing for retirement should prioritize long-term outcomes over short-term needs.

Nevada loan companies say payday loan database regulations are ‘excessive'

Detractors calling proposed regulations “burdensome” while supporters argue they are needed to protect vulnerable families from “predatory” lenders, reports TheNevada Independent.

Photo: David Calvert / The Nevada Independent

The exterior of a MoneyTree branch in Carson City, as seen on Feb. 22, 2017.

UNR researchers: drone technology will change the face of last-mile logistics

With drone technology, retailers can reach customers faster than ever before and can accomplish delivery goals with fewer centers using a more centralized distribution network.

Courtesy Illustration: UNR

New research suggests an increased number of distribution centers could lead to what some refer to as “congestion in the skies.”

People: Jeremy Hermsmeyer hired as sales executive at Alpine Insurance Associates

Alpine Insurance Associates recently welcomed Jeremy Hermsmeyer as a sales executive to its Carson City office.

Visit Placer hires The Abbi Agency for destination marketing

"We are looking forward to working with Visit Placer to bring tourism back to its local economy," says Abbi Whitaker, president of The Abbi Agency.

UNR inks cybersecurity deal with Nevada National Security Site

Through initial phase funding of $170,000, the UNR Cybersecurity Center will research vulnerability assessments and how to make the nation's digital infrastructure more resilient.

Photo: David Calvert / The Nevada Independent

Nevada Gov. Steve Sisolak speaks at a press conference inside the Capitol Building in Carson City, Nev. on Thursday, July 9, 2020.

Sisolak orders Nevada bars to close in counties with largest COVID-19 caseloads, limits on restaurant dining

The governor said the decision was driven by a call with federal officials, who warned that Nevada would soon be in a “precarious condition where hospitals are overwhelmed with patients” if the state did not take “swift policy action” to limit spread of the virus.

Thursday, July 9

Six Nevada businesses face fines, possible shut-down for repeat mask noncompliance

On July 6-8, Nevada OSHA officials conducted 56 follow-up visits to businesses that were initially found in noncompliance — 50 of those businesses (89%) had taken appropriate measures after an initial warning.

Alcohol server training offered remotely through Partnership Carson City

Partnership Carson City, the Carson City Sheriff’s Office and school resource officers are working together to offer a no-cost, certificate education on Enforcing Underage Drinking Laws. The collaborators are providing a server training 5 p.m. Tuesday, July 14 via Zoom. Upon successful completion of the hour-long course, participants receive a certification to sell and serve alcohol.

$17.3 billion Eldorado, Caesars merger 1 step closer after Nevada approval

Next up: reviews from the New Jersey Casino Control and the Indiana Gaming and Indiana Horse commissions, which meet July 10 and July 15, respectively.

Nevada regulators OK Reno's Eldorado buying Caesars

LAS VEGAS — Reno-based Eldorado Resorts Inc. received the go-ahead Wednesday from Nevada casino regulators to buy Caesars Entertainment Corp. in a $17.3 billion deal creating a gambling giant owning or operating 55 properties in 16 U.S. states and several other countries.

Western Nevada Development District gets $400,000 in fed funding

The federal grant will help WNDD "diversify our regional economy, support workforce training aligned to careers post-pandemic, and to build economic resiliency for the future," says board chair and Fernley mayor Roy Edgington.

People: Lindsay Bradley new COO at Reno's Gratis Payment Processing

Lindsay Bradley joins Gratis Payment Processing as Chief Operating Officer after working previously as COO of Simco Imported Shoes, Inc.

Ag-biotech startup company spins out of Desert Research Institute in Reno

Tu Biomics, inspired by the Desert Reteach Institute's expertise in microbial ecology, is an agricultural biotechnology startup that targets the soil health challenges associated with industrial-scale farming.

Backed by GOED funds, water tech startup spins out of DRI in Vegas

"Our Nevada community has given us a solid foundation to scale-up and pursue our vision of deploying technologies that benefit 100 million people," says Nathan Allen, executive director, of Water Start.

People: Marc Desalle joins Miles Construction as project manager

Prior to joining Miles Construction, Marc Desalle completed site development and vertical construction projects in California, Washington and Colorado.

After years of incremental healthcare reform, over $200 million in budget cuts threaten to turn back time

The $233 million in proposed reductions to the Department of Health and Human Services budget would make up nearly 20 percent of the projected $1.2 billion shortfall in 2020-21 — and more than 42 percent of the proposed $549 million in agency rate reductions.

Photo: David Calvert / The Nevada Independent

The Nevada State Senate chambers on the first day of the 31st Special Session of the Nevada Legislature in Carson City, Nev., on Wednesday, July 8, 2020.

Wednesday, July 8

Carson Tahoe Health reopens clinics at Walmarts

Carson Tahoe Health’s clinics inside the Topsy Lane and Market Street Walmart stores have reopened. “We realize the threat of COVID-19 is not the only medical concern people are experiencing. As always, our top priority is the safety of our patients, staff, and community,” said Erin Meyering, spokesperson for the Carson City hospital.

COVID crush of Nevada unemployment claims takes toll on DETR staff

“We actually know how important it is. We don't get benefit or delight in denying people. We all love someone who's not working," a veteran Nevada DETR employee told The Nevada Independent.

Working Together: Engage with the system with JOIN Inc. (Voices)

This month's featured partner, JOIN Inc. Training Nevadans for Careers, has been essential in connecting job-seekers to skills and employers in Northern Nevada for several decades, writes Amy Fleming of EDAWN.

Nevada Legislative special session begins today to address $1.2 billion in cuts

The most recent estimates put the difference between legislatively-approved spending and projected tax revenues at $1.2 billion for the 2020-21 fiscal year — or about 25 percent of the year's budget.

People: Kristine Brown new Director of Engagement at Reno+Sparks Chamber

Kristine Brown of the Reno+Sparks Chamber of Commerce has lived in Reno for nearly 3 decades and holds a B.A. in music from UNR.

NV Energy Foundation doles out $89,000 in 2020 scholarships

The NV Energy Foundation awarded $89,000 to 84 high school seniors in Nevada this year through the foundation's Powerful Partnership Scholarship program.

Tuesday, July 7

After another 169 business spot checks, Nevada OSHA sees better mask compliance

Nevada OSHA officials are at the point where they are now conducting follow-up visits at locations where noncompliance was first observed. The maximum penalty that can be assessed is $134,940.

Nevada businesses, hospitality got $4B in federal loans

LAS VEGAS — Nevada business received more than $4 billion in loans under a federal rescue package designed to aid small businesses during the coronavirus pandemic. Data released by the U.S. Treasury Department this week showed more than 42,000 loans were issued to businesses in the Silver State, with some of the biggest benefactors including the state's hospitality industry, along with doctors, dentists, lawyers and car dealers, according to federal data.

After dismal spring, business is booming at Reno-Carson tattoo shops

Mark McKinnon knows tattoos are not essential. In fact, he’ll go out of his way to tell you. “I’m always the one to tell my clients, if it’s family, if it’s emergency, if you need to pay your power bill, do not get a tattoo,” McKinnon, owner/tattoo artist of Marked Studios, said in a phone interview with the Northern Nevada Business Weekly. “It’s not that important — it will wait.”

Michael Bosma: Clock ticking for ‘free' money for manufacturers (Voices)

Per Mike Bosma: $50 million in CARES Act funding will be allocated to Manufacturing Extension Partnership (MEP) program centers in all states, including with Nevada Industry Excellence.

People: Center for Plastic Surgery hires Kathryn Baker, Alyssa Paddock

Kathryn Baker, DNP, FNP-C, and medical aesthetician Alyssa Paddock recently joined the team at Dr. Louis A. Bonaldi's Center for Plastic Surgery in Reno.

BDO USA, LLP acquires Piercy Bowler Taylor & Kern

According to BDO USA, the company's acquisition will not lead to any staff reductions for the former Piercy Bowler Taylor & Kern office at 200 S. Virginia St. in Reno, which is home to 5 employees.

People: Lucia Notterpek named associate dean, professor at UNR Med

Lucia Notterpek, the new associate dean for biomedical research at UNR Med, is considered an expert in the scientific understanding of neurodegeneration and fundamental neuroscience.

Restaurants, doctors, lawyers top list of Nevada PPP loan recipients

In Nevada, 25 entities received loans between $5-$10 million. If recipients use at least 60 percent of the PPP amount on payroll, the entire loan is forgiven.

Monday, July 6

OSHA: Complaint volume has 'increased significantly' since Sisolak's June 26 mask mandate

Another sweep by Nevada OSHA officials on July 3 showed 82% of Northern Nevada businesses complying with the mask order, compared to 75% in the south.

Developers donate fitness equipment to Reno Ice, Village on Sage Street

The equipment, valued at tens of thousands of dollars, was previously housed at the now-closed Lakeridge Tennis Club in Reno.

NNBW Editor: Business scams in the COVID era (Voices)

When it comes to scams, do your research — and if it seems too good to be true, it's best to trust your instincts.

Plumas Bank earns another ‘Super Premier Performing' honor

The honor "is a testament to the strategic vision of our directors and executives, and the hard work and dedication of our entire team,” says Plumas Bank CEO Andrew J. Ryback.

People: Todd Karas named Chief Marketing Officer of Kimball Midwest

Todd Karas joined Kimball Midwest — which has a distribution center in Sparks — in 2019 after more than a decade in sales and marketing at Cardinal Health.

Carson City commits funds to historic Bank Saloon restoration project

“We're really excited about the project,” said Aaron West, CEO of Nevada Builders Alliance. “We should be done by Oct. 1 and hopefully be announcing an operator soon.”

After 2 months of revenue misery, Reno-Carson tattoo shops see surge in demand

Owner Mark McKinnon says Marked Studios lost roughly $150,000 in revenue during its shutdown of two-plus months. Now, with restrictions in place, his business and other tattoo parlors, like Rice Street Tattoo in Carson City, are working hard to keep up with massive demand.

Backed by GOED funds, ag-biotech startup spins out of DRI

In 2014, Reno native Brian Speicher took a job that brought him back to the Biggest Little City. After carving out a 20-year career in the life sciences private sector on the East Coast, primarily in R&D in the pharmaceutical industry, Speicher returned home to be the Desert Research Institute’s first-ever business development lead.

Sunday, July 5

Kelly Bullis: Happy Independence Day – except for taxes

I saw a funny post on Facebook recently. It said, “I think on July 4, I’m gonna throw some candy out the front door, cook a turkey, put the Christmas tree up and Sing Auld Lang Syne. I’m done with 2020!” Half the year is now behind us, and for those who are going to stick it out using the normal calendar, hopefully it will get better. I mean, how bad can it get? Is an alien invasion next? Maybe the Rapture?

Dozens of prospects, thousands of jobs in Reno-Carson pipeline

Back in 2014, when Mike Kazmierski and members of the Economic Development Authority of Western Nevada visited the Bay Area in efforts to attract companies to the region, they often left empty-handed — they often got “yeah, but…” feedback. “I’d have people say, ‘you’re right, Reno is the best move for us, but there’s no way my employees would even consider moving to Reno,’” Mike Kazmierski said in a phone interview with the Northern Nevada Business Weekly. “Their perception and image of Reno was very negative.”

Saturday, July 4

Jim Valentine: Who will buy your house?

When you make plans to remodel, paint, add on to, or otherwise change your home, one thing to always consider is who will buy your home. Even if you “aren’t ever going to sell,” you should make your changes with the buyer of your home in mind for things change over time and you just might find yourself selling for one reason or another. Homes come in all sizes, shapes, floorplans and styles to appeal to the varied tastes, wants and needs of buyers. Whether you are just making changes, or ready to sell, it is a good idea to identify who would be a typical buyer for your home.

Friday, July 3

Havelock Wool growing strong since 2013 launch in Reno

"We are huge fans of doing business in Northern Nevada. We love the location. We love the potential for employees. And, frankly, we love how easy it is to work with the business community," says Havelock Wool CEO Andrew Legge.

After 7,461 casino inspections, 111 cases opened for non-COVID compliance

“The Gaming Control Board is committed to work with our state and local partners to enforce Gov. Sisolak's emergency directives and the board's health and safety policies,” said board chair Sandra Douglas Morgan.

People: Eli Cavazos promoted to VP of Technology at PBS Reno

Across his 25-year career, Eli Cavazos has TV and radio broadcast experience in several large markets, including Fresno, Sacramento, Santa Rosa, San Jose, San Francisco and Vallejo.

UPDATE: Nevada OSHA's July 2 sweep of businesses shows decreasing mask compliance

According to the state, the maximum penalty that can be assessed to each businesses for non-compliance is $134,940.

Thursday, July 2

Inaugural Reno Restaurant Week boosts business at area eateries

“I think, ultimately, it was a great awareness for these restaurants and it kind of gave them a little boost for the week," says Cheree Boteler, event organizer.

Nevada gaming boards to review $17.3B Eldorado, Caesars merger July 8

After the FTC lent approval on June 26, the $17.3 billion merger is still subject to various closing conditions, including a review from the Nevada Gaming Control Board and Nevada Gaming Commission; that's set for July 8.

Photo: Getty Images

A look outside Eldorado Resorts' namesake casino-resort property in downtown Reno.

SNC owners Eren, Fatih Ozmen honored with BENS Eisenhower Award

Fatih and Eren Ozmen, owners of Sierra Nevada Corp., were honored alongside U.S. Air Force Chief of Staff General David L. Goldfein and DC Capital Partners Founder and Managing Partner Thomas J. Campbell for their contributions to U.S. national security.

People: Parsons Behle & Latimer's Rew R. Goodenow named a 'Super Lawyer'

Rew R. Goodenow, Parsons Behle & Latimer's Reno managing shareholder, was named a “Super Lawyer” in the 2020 issue of Mountain States Super Lawyers.

Ira M. Gostin: Marketing your business out of a pandemic (Voices)

Considering the unprecedented nature of the pandemic, there is no one-size fits all answer — but there are some must-do tasks to get started.

Reno-Sparks businesses encouraged to take 2050 transit plan survey

The plan will address safety, mobility, connectivity and traffic-operations issues resulting from increased population and employment growth in the region.

More people staying home means good business for Reno interior design firms

“It definitely hasn't discouraged people from doing projects ... People are out and my showrooms that I work with are busy.”

Nevada casinos report $5.8 million in May winnings; it was $981.7 million a year ago

In all — considering casinos were fully closed for two and a half months — the state's gambling win is down 45.2 percent so far for the calendar year compared to January-May of 2019.

Nevada gaming control inspecting and monitoring licensees

The Gaming Control Board has opened 111 investigative cases looking into allegations of non-compliance with health and safety policies since Nevada casinos were allowed to reopen June 4. But that is a small percentage of the 1,453 inspections of non-restricted licensees and 6,008 inspections of restricted licensees conducted over the past month.

Wednesday, July 1

Nevada librarians navigate a cautious reopening, eye budget cuts on the horizon

Coronavirus closures sped up the transition to digital services in the Washoe County Library System, including moving in-person story readings online. Jeff Scott, director of the system, said reopening brings a new set of challenges and frequent changes.

People: Dickson Realty's Andrew Reel named to global real estate council

“I am honored to be included in this prestigious group," says Dickson Realty VP of Marketing and Technology Andrew Reel.

What's Up Downtown: 3 steps to communicate upon reopening (Voices)

The goal is to make people excited to give you money and feel good about it. Anything that makes that process difficult or creates a bad experience is going to convince them to take their money elsewhere and likely never come back, says Alex Stettinski if the Downtown Reno Partnership.

ONCU partners with NIAA on $20,000 in scholarships for 20 student athletes

“We're proud to celebrate these student-athletes for their outstanding achievements,” says Paul Parrish, One Nevada President and CEO.

People: Rahul Mediwala promoted to CMO position at Renown

Rahul Mediwala, MD, CPE, had served as interim Chief Medical Officer of the Health Services Division at Renown Health since the beginning of the COVID-19 pandemic.

'The worst it's ever been': Reno-Sparks direct mail, sorting companies forge ahead

“It's still slow because people don't want to spend the money,” says David Spillers, owner of DigiPrint. “It's so uncertain ... It's a big hit because you lose half your business like that and your revenue gets cut in half.”