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Business/Economy

  • New Stock Market Milestone: Dow 15,000
  • Smith's/Kroger requests final 30-day extension

    County officials have announced that Smith’s/Kroger requested the final 30-day extension of its due diligence period for the Trinity Site as the company waits for approval of critical permits.

    Smith’s requested the first extension in order to obtain a road access permit that would allow for three entrances to the site.

    “We’re working on the access permit with the state, and that’s going pretty well,” Public Works Director Philo Shelton said.

    According to the New Mexico Department of Transportation control manual, the proposed intersections are too close together. Smith’s has requested a variance, which must be approved for the design to move forward.

    In order to evaluate the variance, NMDOT requested more information on the length of the turn lanes and the traffic study conducted at the site. The information will help NMDOT determine whether the lanes are long enough to prevent queuing. Smith’s has provided those documents.

    The final piece of information NMDOT needs to complete its review is a plan for coordinating traffic signals along Trinity Drive. Public Works Director Philo Shelton said the county is expecting the traffic signal timing plan from a consultant by the end of this week.

  • Zadrozny demonstrates Sound Yoga at Mullein Leaf Massage

    According to Alfred Tomatis, the famous French neurologist, the first sense organs to develop in a human embryo are the ears and the first sensation a baby in-utero experiences is its body resonating with the vibrations of the mother’s voice.

    Andy Zadrozny has developed a technique that can reawaken your physical connection to sound. He teaches people to harness the primal sense of sound for relaxation, revitalization, developing extraordinary awareness, and for healing. At 7 p.m. on May 21, Zadrozny will give a demonstration of his “New Sound Yoga” session and let participants experience the Resonant Body Treatment Table.

    The technique itself is documented in Hindu texts to be thousands of years old, dating to the origins of yoga. Zadrozny discovered the technique independently as a child and has practiced and taught it for years as a way of developing perfect-pitch recognition to musicians, and as a yogic practice for deep listening and meditation.

    The technique involves focusing and directing sound vibration to any chosen part of the body. Zadrozny claims it is a powerful way to teach your body to relax.

  • U-Haul store hits snag

    Plans to put a moving supply store in back of the Pueblo Complex hit a snag recently when a resident objected to the business at a recent Planning and Zoning Commission meeting.

    Planning and Zoning board members approved U-Haul’s application 8-0 during a March 27 meeting. However, because an objection was raised during the meeting, the county council has to consider the validity of the resident’s objection. That hearing is due to take place sometime in June.

    “Planning and Zoning approved the application, subject to appeal,” said Community Development Planner Gary Likeness. “We did receive an appeal, and it will be considered by council.”

    The owner of the business, Victoria Work, signed a lease with the owners of the property, the Los Alamos School District last year. She said she is disappointed with the news, and very disappointed with the business climate in Los Alamos in general. She finally thought she had a break when the LAPS came forward and told her they had space available in one of their properties.

  • CHRISTUS St. Vincent Hospital undergoes transition

    It has been a state of transition for leadership at the CHRISTUS St. Vincent Regional Medical Center in Santa Fe recently.
    Alex Valdez, President and Chief Executive Officer, was promoted to Vice President of International Advocacy for CHRISTUS Health.
    Replacing Valdez will be Bruce Tassin, who has served as Chief Operations Officer at the medical center for the past five years. Tassin officially takes over Monday.
    “We’re certainly going to miss Alex’s leadership,” said Lillian Montoya-Rael, chair of the medical center Board of Directors.
     “Over the last nine years, Alex has led CHRISTUS St. Vincent and positioned the hospital for growth, leaving a strong legacy that is visible not only within the hospital, but one that reaches out, impacting the entire community. We recognize that his talents - his diplomacy in particular - are needed on a broader scale.”
    Valdez, a native of Northern New Mexico, was appointed President and CEO in 2004. During his tenure, the hospital expanded into a regional medical center, and in 2008, Valdez helped facilitate the agreement with CHRISTUS Health to create a more sustainable organization.
    “First and foremost, I have been incredibly blessed to have been CEO of such a wonderful organization over the last nine years,” Valdez said.

  • Wellness Center offers innovative techniques

    Kim Lazarus has begun to rise from the ashes. The Las Conchas fire of 2011 caused her future to look bleak.
    But two years later, with the help of the Los Alamos Small Business Center, she is getting back on track. “I have the perfect opportunity to get back on my feet again,” she said.
    Lazarus celebrated the ribbon cutting ceremony to her new office on April 4. “It was a very exciting day,” she said.
    Lazarus has been a licensed chiropractor for 10 years in the Los Alamos area.
    In addition to being a chiropractor, her wellness center contains a state of the art use of high-tech machinery for the maintenance of health and wellness.
    The most innovative treatment Lazarus offers is the Zen Frames and Creative Visualization Relaxation Audio Sessions. It involves a unique recording process with two separate voice tracks spatially placed to synchronize both sides of the brain. “It is audiovisual re-patterning for the mind and body,” Lazarus said.
    It is used to deepen meditative states to help with relaxation, reduce stress, regain balance of mind and ease chronic pain. “It can retrain your brain to deal with addictions, such as smoking, drug and alcohol,” according to a brochure Lazarus’ gives to patients, outlining the specifics of the treatment.

  • Rover 1 lands on D.P. Road

    Owner Patricia Lind opened Rover 1 Doggy Daycare in hopes of providing a convenient, safe and happy place for local dogs to stay and play.

    She recognized the need in Los Alamos, especially for commuting laboratory employees, to have doggy daycare facilties close to work. That and her lifelong love for dogs, led to the opening of Rover 1 just last October.

    Although the business is relatively new, the concept of caring for canines in need has always been a passion for Lind. She spent five years working with the New Mexico Shar Pei Rescue, and continues to donate her time to local shelters. In fact, Lind says that “shelter animals are the best,” offering shelter dogs, from any shelter, 50 percent off their first visit to Rover 1.

    The facility is spacious, clean and bright, encouraging exercise and play, as well as, comfort and quiet. It also features a small outdoor area where canine clients can soak up some sunshine or take care of business. There are plenty of toys, fresh water and comfortable beds also strategically situated throughout.

  • US economy adds just 88K jobs, rate drops to 7.6 pct.

    WASHINGTON (AP) — U.S. employers added just 88,000 jobs in March, the fewest in nine months and a sharp retreat after a period of strong hiring. The slowdown may signal that the economy is losing what momentum it had.

    The Labor Department said Friday that the unemployment rate dipped to 7.6 percent, the lowest in four years, from 7.7 percent. But the rate fell only because more people stopped looking for work. People who are out of work are no longer counted as unemployed once they stop looking for a job.

    The percentage of Americans working or looking for jobs fell to 63.3 percent in March, the lowest such figure in nearly 34 years.

    Stocks plummeted after the report. The Dow Jones industrial average dropped 157 points in morning trading. Broader indexes also declined.

    March's job gains were less than half the average of the previous six months, when the economy added an average of 196,000 jobs a month. The government said hiring was even stronger in January and February than previously estimated. January's job growth was revised up from 119,000 to 148,000. February's was revised from 236,000 to 268,000.

  • Governor vetoes increase in NM minimum wage

    SANTA FE, N.M. (AP) — Republican Gov. Susana Martinez has vetoed a proposal by the Democratic-controlled Legislature that would have increased New Mexico's minimum wage to the fourth highest in the nation.

    Martinez followed through on an earlier threat and rejected the measure on Friday that would have boosted the minimum wage to $8.50 an hour from $7.50. The governor said the proposed increase would have cost the state jobs.

    Martinez reiterated that she would have signed an increase in the hourly wage rate to $7.80, making it the same as Arizona's minimum wage.

    Martinez is up for re-election in 2014, and Democrats likely will try to use the minimum wage veto against her.

    Only Washington, Oregon and Vermont have minimum wages higher than $8.50 an hour. Washington is the highest at $9.19 an hour.

  • Study: Health overhaul to raise claims cost 32 pct

    WASHINGTON (AP) — Insurance companies will have to pay out an average of 32 percent more for medical claims on individual health policies under President Barack Obama's overhaul, the nation's leading group of financial risk analysts has estimated.

    That's likely to increase premiums for at least some Americans buying individual plans.

    The report by the Society of Actuaries could turn into a big headache for the Obama administration at a time when many parts of the country remain skeptical about the Affordable Care Act.

    While some states will see medical claims costs per person decline, the report concluded the overwhelming majority will see double-digit increases in their individual health insurance markets, where people purchase coverage directly from insurers.

    The disparities are striking. By 2017, the estimated increase would be 62 percent for California, about 80 percent for Ohio, more than 20 percent for Florida and 67 percent for Maryland. Much of the reason for the higher claims costs is that sicker people are expected to join the pool, the report said.

    The report did not make similar estimates for employer plans, the mainstay for workers and their families. That's because the primary impact of Obama's law is on people who don't have coverage through their jobs.