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Local News

  • Madoff son found dead in NYC in apparent suicide

    NEW YORK (AP) — The eldest son of disgraced financier Bernard Madoff hanged himself by a dog leash in his Manhattan apartment on Saturday, the second anniversary of his father's arrest in a multibillion-dollar Ponzi scheme that swindled thousands of investors of their life savings, law enforcement officials said.

    Mark Madoff, 46, was found hanging from a ceiling pipe in the living room of his SoHo loft apartment as his 2-year-old son slept in a nearby bedroom, two law enforcement officials told The Associated Press.

  • Stocks help offset bailout losses

    WASHINGTON — Stock sales are helping the government offset projected losses from its $700 billion rescue of the financial system.
    The Treasury Department has brought in $35 billion in revenue over two years, boosted by ongoing sales of Citigroup stock, new data show. But the Congressional Budget Office projects taxpayers will still lose $25 billion for bailing out the financial sector and U.S. automakers.

  • County tables possible tax cut

    Deciding it was not prudent to move forward with reductions in gross receipt tax rates (GRT), three ordinances each proposing to repeal a 1/8 percent GRT increment were tabled during the Los Alamos County Council meeting Tuesday night.
    It was recommended that the reductions in GRT rates be included in financial planning discussions next year.
    Councilor Robert Gibson presented the three ordinances, which addressed a general increment, a county correctional increment and a fire protection increment.

  • Dog survives 80-foot Bayo Canyon plunge

    Bayo Canyon was the scene of a harrowing rescue mid-morning Saturday. High-angle firefighters from the Los Alamos Fire Department rushed to the cliff’s edge to find Brody, a 6-year-old Rottweiler mix stranded some 80 feet below.
    The 60-pound canine had been hiking with his owner when he spotted a squirrel scurrying across the path ahead of them. The varmint disappeared over the side of the canyon with Brody in close pursuit.

  • Sleigh bells ring on the Valles Caldera

    Visit the Valles Caldera National Preserve at a pleasant speed — from a horse-drawn sleigh. Matched draft horses take you through the historical ranch headquarters.
    From aboard the 60-minute ride, you’ll experience a winter wonderland with possible visions of hunting birds and jumping coyotes. A guide will share the interesting history and lore of the “old Baca Ranch,” offering insight into its past and its future.

  • Obama urges Congress to pass agreement on tax cuts

    WASHINGTON (AP) — President Barack Obama says the tax-cut deal he negotiated with Republicans is a "good deal for the American people," and he's calling on Congress to pass it before the end of the year to keep tax rates from rising for just about everyone in 2011.

  • LANL spending buoys business

    Los Alamos National Laboratory purchased nearly $1 billion in goods and services in the 2010 fiscal year ending September 30, 2010. The $925 million in purchases was helped in part by funding from the American Reinvestment and Recovery Act the Laboratory received for environmental remediation and basic research.
    The Laboratory also exceeded its goals for purchases made by small businesses in Northern New Mexico, the state and the country.

  • Irritating sound saves lives

    “BEEP! BEEP! BEEP! Smoke Alarms: A sound you can live with,” was the theme for the Los Alamos Fire Department’s fire prevention program this year. There’s nothing more important than to have an early notification of a fire, especially if it’s in the home and the irritating sound from a triggered smoke alarm can and does save lives every day, according to National Fire Protection Association fire statistics.

  • Dems voice opposition to Obama’s tax deal

    WASHINGTON— House Democrats voted Thursday to reject President Barack Obama’s tax deal with Republicans in its current form, but it was unclear how significantly the package might need to be changed.
    By voice vote in a closed caucus meeting, Democrats passed a resolution saying the tax package should not come to the House floor for consideration as written, even though no formal House bill has been drafted. Rep. Peter DeFazio, D-Ore., introduced the resolution.

  • Affordable housing initiative gains council approval

    The Los Alamos County Council made a move to make home ownership more in reach for a greater number of local residents.
    At its regular meeting Tuesday night, the council approved the affordable housing program.