.....Advertisement.....
.....Advertisement.....

Business/Economy

  • Radio station adds FM

    David and Gillian Sutton, owners of KRSN AM Radio 1490, have just found another place on the radio dial to call home. They’ve recently acquired space on the FM dial at 107.1.

    And don’t worry, KRSN AM 1490 isn’t going anywhere, their new space on the FM band will be an exact duplicate of their AM signal, so all of your favorite programs, whether that is the morning show with Dave and Nancy or sports with the Los Alamos Monitor’s own Mike Maez-Cote can now also be heard in crystal clear, stereo FM.

    Friday was the station’s first full day of broadcasting on the FM side, according to David.

    Why play the exact format at a different space on the dial? Gillian and David said there is a method to their madness. According to Gillian, FM 107.1 will have the same reach as AM 1490, but they hope with the FM 107.1 signal to reach more listeners within that same range.

    The couple discovered that it’s not just about certain people preferring FM over AM, but after doing some research, they found some residents literally can’t get the AM station inside their homes, due to the metal construction materials that are used to make modern buildings.

    “FM has no trouble getting through steel,” Gillian said.

  • Business Spotlight: Clinic rolls with changes in health care

    There is nothing more frightening to a parent than a sick or injured child. The availability of a pediatrician is crucial in these tense situations. The Children’s Clinic located inside the Los Alamos Medical Center has a doctor on-call 24/7.

    The clinic has been a staple in Los Alamos for well over 50 years and has expanded since its beginnings in 1955.

    Seven doctors and nurses form the backbone of the clinic that has seen many in the community grow up. With the health care landscape always changing, the business has changed primarily because of technology.

    “One of the things you can always count on is change,” Dr. Michael Nichols said, who has been a pediatrician at the clinic since 1978. Nichols also works out of an office in White Rock.

    Because of the small communities within the area, doctors at the children’s clinic organize outreach programs. “You meet a lot of kids,” Dr. Ben Neal said. “We go advise school districts through volunteer work.”

    The doctors have been known to also set up outreach clinics in rural communities, such as Española, El Rito, Tierra Amarilla, Pojoaque Valley and Chama. “You’ll see 2nd and 3rd generations of families out there,” Neal said. Neal has been working at the clinic since 1987.

  • Fine Art Gallery Set to Close

    Since 2008, Karen Wray’s gallery has hosted many local artists’ work. But as of Oct. 1, she is closing her doors. Reason being, there has not been much traffic coming through and business has dwindled.

    Wray is moving her studio to a different location in town so that art classes will continue. “It’s a bigger space ideal for art classes,” Wray said.

    Wray said she can now focus on her love of painting and teaching at the new location where she will teach oil painting, watercolor, drawing and composition. Wray also has taught classes on how to exhibit and sell artwork.

    She said she is hopeful classes will be available in the fall.

    The new studio space is on East Gate Drive. She said more information about the studio will be available at a later date.

    Wray said that she will miss the artists she has come to know throughout the years.

    “I’ve watched many artists grow and their work progress, so it is a sad time,” she said.
    Wray said the same of art classes, watching the budding artists learn and grow is something that she has always loved and wants to continue.

    Artists like Secundino Sandoval, Richard Swenson and others have their work on consignment at the gallery.

  • Family insurance in jeopardy at small companies

    NEW YORK (AP) — One casualty of the new health care law may be paid coverage for families of people who work for small businesses.

    Insurance companies have already warned small business customers that premiums could rise 20 percent or more in 2014 under the Affordable Care Act. That's making some owners consider not paying for coverage for workers' families, even though insurance is a benefit that helps companies attract and retain top talent. If more small business owners decide to stop paying for family coverage, it will accelerate a trend that started as the cost of health insurance soared in recent years.

    Under the law, companies with 50 or more employees are required to provide affordable coverage for their workers. They also must offer health insurance to employees' dependents, but don't have to pay for it. And they aren't required to offer insurance at all to employees' spouses.

  • Obama Makes Pitch for Mortgage Reform in AZ
  • Business Spotlight: Photography studio a picture of success

    In 2004, local business owner Tara Key had just moved to Los Alamos. After attending a certification program on the University of New Mexico campus, she felt comfortable enough within the community that she decided to fund Key Photography, a studio which took her passion for photography one step up, and challenged her to acquire sharp business skills.

    “You basically have to run your business in this town by word of mouth,” the young entrepreneur said, who spent two years on building her brand and making her name recognizable within the community.

    When she started exploring the idea of opening a business, in 2006, she was lucky enough to find “one of the most perfect spots” very quickly.

    At first, she converted her garage into a studio, but in 2009, after looking for a new studio home for about a year, she heard about a quilt business closing and contacted the landlord quickly.

  • US employers add 162K jobs; yet rate falls to 7.4 pct.

    WASHINGTON (AP) — U.S. employers added 162,000 jobs in July, a modest increase and the fewest since March. Still, the unemployment rate fell to a 4½-year low of 7.4 percent.

    Unemployment declined from 7.6 percent in June because some Americans found jobs, while others stopped looking and were no longer counted as unemployed.

    Friday's report from the Commerce Department pointed to a less-than-robust job market. It suggested that the economy's subpar growth and modest consumer spending are making many businesses cautious about hiring.

    The government said employers added a combined 26,000 fewer jobs in May and June than it previously estimated. Americans worked fewer hours in July, and their average pay dipped. And many of the jobs employers added last month were for lower-paying work at stores, bars and restaurants.

    For the year, job growth has remained steady. The economy has added an average 200,000 jobs a month since January, though the pace has slowed in the past three months to 175,000.

    Friday's jobs report "reveals a mixed labor market picture of continued improvement, but at a still frustratingly slow pace," said Scott Anderson, chief economist at Bank of the West.

  • Tax-free holiday starts Friday

     Gov. Susana Martinez this week urged New Mexicans to take advantage of the upcoming Back-To-School Tax Free Holiday this weekend.
    Martinez says parents, teachers, and students can purchase school supplies, clothing, computers, and other back-to- school items, without paying gross receipts tax. The Ninth Annual Tax Free Holiday starts 12:01 a.m. Friday and ends midnight Sunday.
    “The beginning of the school year can be an expensive time for parents, teachers and students,” said Martinez. “In these challenging economic times, this weekend will provide much-needed relief for New Mexicans as our children return to school.
    “Most importantly, it will give them the opportunity to get the supplies they need for a successful school year at a lower cost than usual.”
    During the tax free holiday, the state will not collect gross receipts taxes on dozens of back-to-school items. New Mexicans are expected to save up to $4 million on their purchases.
    “This is a win-win situation for both our residents and businesses,”
    Martinez said.
    Hundreds of items purchased this weekend will not be taxed, but there are also certain limitations. Some of the tax free items include:
    • Articles of clothing, footwear, and accessories (less than $100)

  • Chamber business breakfast

    Los Alamos Cooperative Market General Manager Steve Watts and Bradbury Science Museum Director Linda Deck joined other business people to discuss the Mainstreet survey on Thursday morning at UNM-LA.

  • CenturyLink reaches deal with union

    DENVER (AP) — CenturyLink and its largest union have announced a deal that could avoid a strike of 11,000 workers in 13 mostly western states, which threatened to disrupt phone and Internet service for millions of consumers.

    The proposed agreement reached Tuesday night offers lump-sum increases and wage increases. It also provides new limitations on CenturyLink's ability to transfer jobs to offshore call centers.

    Workers had previously authorized a strike.

    "We're pleased to get an agreement after nearly a year of bargaining," said Al Kogler, spokesman for the Communications Workers of America.

    "CenturyLink and the CWA are pleased that we have come to an agreement that provides our employees fair and equitable benefits and will better enable us to deliver on our mutual commitment to serve our customers," said Glen Post, CenturyLink CEO, in a statement.

    The proposed agreement provides new limitations on CenturyLink's ability to contract out and move call center work outside its service area, and includes a commitment to return jobs that have been outsourced and offshored, the Denver Post reported Wednesday.