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Business/Economy

  • LABC gains in membership

    This month, the Los Alamos Beer Cooperative (LABC) signed its 100th member, passing a milestone in the campaign to bring craft beer to the Los Alamos community.
    As of mid-May, just two months shy of the organization’s first anniversary, the LABC is 118 members strong, and ready to kick off a summer season of fundraising and fun — all in the name of bringing locally-brewed beer to the Atomic City.
    Governed by the cooperative principal of “one member, one vote,” LABC members are actually part owners in the organization. As such, each member plays a role in setting the long-term goals and policies of the co-op, and will eventually have a say in the operations of the brewery and taproom. Though member-owned, the LABC plans to hire a professional brew master to help craft a repertoire of beers unique to Los Alamos that reflect the spirit of the high desert landscape and the character of the community.

  • Local orthodontist brings a piece of Hawaii to LA

    As the hot, dry summer begins to take its hold on Los Alamos, a new icy treat will be available to help residents survive the heat.
    Local orthodontist Dr. Devan Vest and his partner Dan Richards recently launched their new business venture Northshore Shave Ice Co. to provide the community with a unique summer treat.
    They began the season last week at the White Rock Kite Festival with plans to keep regular hours at Vest’s practice this summer.
    The concept for the business came many years earlier as the two were attending a small college and rooming together on the North Shore of Oahu, Hawaii. Both Vest and Richards fondly recount visiting the local shave ice vendor, to seek relief from a hot, salty day at the beach.
    “We would often spend the day at Waimea Bay and, when sufficiently salt crusted and sun baked, we would head over to Matsumoto’s in Haleiwa for shave ice,” Richards said. It was at this shop that the two hatched the idea of owning their own shave ice business someday.

  • Local orthodontist brings a piece of Hawaii to LA

    As the hot, dry summer begins to take its hold on Los Alamos, a new icy treat will be available to help residents survive the heat.
    Local orthodontist Dr. Devan Vest and his partner Dan Richards recently launched their new business venture Northshore Shave Ice Co. to provide the community with a unique summer treat.
    They began the season last week at the White Rock Kite Festival with plans to keep regular hours at Vest’s practice this summer.
    The concept for the business came many years earlier as the two were attending a small college and rooming together on the North Shore of Oahu, Hawaii. Both Vest and Richards fondly recount visiting the local shave ice vendor, to seek relief from a hot, salty day at the beach.
    “We would often spend the day at Waimea Bay and, when sufficiently salt crusted and sun baked, we would head over to Matsumoto’s in Haleiwa for shave ice,” Richards said. It was at this shop that the two hatched the idea of owning their own shave ice business someday.

  • Yahoo takes big leap with $1.1B deal for Tumblr

    SAN FRANCISCO (AP) — Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times.

    The deal announced Monday represents Mayer's boldest move yet since she left Google 10 months ago to lead Yahoo's latest comeback attempt. It marks Yahoo's most expensive acquisition since the Sunnyvale, Calif., company bought online search engine Overture a decade ago for $1.3 billion in cash and stock.

    Yahoo is paying all cash for Tumblr, dipping into some of its remaining stash from a $7.6 billion windfall reaped last year from selling about half of its stake in Chinese Internet company Alibaba Holdings Group. Taking over Tumblr will devour about one-fifth of the $5.4 billion in cash that Yahoo had in its accounts at the end of March.

    While hailing Tumblr as fount of creativity that attracts 300 million visitors per month, Yahoo pledged "not to screw it up." David Karp, a high school dropout who started Tumblr six years ago, will remain in control of the service in an effort to retain the same "irreverence, wit and commitment to empower creators," Yahoo said.

  • US gas prices up 11 cents over past 2 weeks

    CAMARILLO, Calif. (AP) — The average U.S. price of a gallon of gasoline has jumped 11 cents over the past two weeks.

    The Lundberg Survey of fuel prices released Sunday says the price of a gallon of regular is $3.66. Midgrade costs an average of $3.84 a gallon, and premium is $3.98.

    Diesel held steady at $3.93 gallon.

    Of the cities surveyed in the lower 48 states, Tucson, Ariz., has the nation's lowest average price for gas at $3.18. Minneapolis has the highest at $4.27.

    In California, the lowest average price was $3.94 in Fresno. The highest was in San Francisco at $4.07. The average statewide for a gallon of regular was $4.03, up 18 cents.

  • Los Alamos salutes Holsapple

    A large crowd attended a “good luck” party for Kevin Holsapple on Thursday, to celebrate his retirement as executive director of the Los Alamos Commerce and Development Corporation. Holsapple held the position for 15 years.

    “It’s been fun to do,” Holsapple said. “We have an excellent staff and I’ve worked with a lot of great people over the years.”

    Holsapple has already started enjoying more free time by traveling to Peru with his wife, Kris Raber, and backpacking at Valle Vidal with his sons.

    “I haven’t been able to make time to do that forever,” Holsapple said.

    Holsapple is also looking forward to freelancing and expanding his horizons.

    “I am looking forward to not being so bound by the local geography,” Holsapple said.

    Holsapple plans to stay involved locally, especially with projects he has been involved with.

    “If the community shows an interest in making projects like the creative district happen, I’ll be there helping.”
     

  • Spotlight: Teen entrepreneurs get boost

    Summer is close at hand and students looking for something to do should start with some planning now.
    The Youth Business Grant or YBG is gearing up to receive applications from students between the ages of 13 and 19.

    Los Alamos Business Assistance Services would like to work with local and regional youth to develop their entrepreneurial skills and build relationships to help them start their own businesses.

    The program celebrated its 27th year in 2012 with a record number of 25 applications.

    “We were able to award 18 grants to young entrepreneurs. It was amazing to watch these young entrepreneurs grow and learn what it takes to start and run a business,” Katie Stavert, a local business advisor who oversees the program said. “Everyone learned valuable lessons about business and themselves. I really enjoyed watching them transform into business owners.”

    The YBG welcomes individuals and businesses to contribute small donations to fund the program. A volunteer committee holds interviews with students to determine funding, but more donations would mean additional success for youth.

  • Comfort Keepers cuts ribbon on LA office

    Leslie Van Pelt, owner of Comfort Keepers, announced the opening of her new business in a ribbon cutting ceremony at the Los Alamos Chamber of Commerce Visitor Center on Tuesday. The business is part of a franchise that provides non-medical in-home care for seniors and other adults recovering from illness or injury. “Our primary intention is to keep seniors at home so they can live independently,” Van Pelt said.

  • 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.