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Local News

  • The curiosity of youth

    Calvin Marksteiner, 2, watches Lily Fox, 6, look at photos on a camera during a FAN Club event celebrating the grand opening of KRSN AM 1490’s new studio in the Hilltop Shopping Center on Arkansas Street Wednesday.

     

  • SBA launches rescue effort

    Small businesses facing maturity of commercial mortgages or balloon payments before Dec. 31, 2012, may be able to refinance their mortgage debt with a 504 loan from the U.S. Small Business Administration under a new, temporary program announced today.  

    The new refinancing loan is structured like SBA’s traditional 504, with borrowers committing at least 10 percent equity and working with third-party lending institutions and SBA-approved Certified Development Companies in the standard 50 percent/40 percent split.

  • DPU budgets potential for water rate hike

    Drink up, Los Alamos.

    The Department of Public Utilities (DPU) indicates residents may soon be paying more for water.

    How much?

    Nothing is official, yet.

  • Bill introduced to create marriage commission

    SANTA FE — The bad statistics continue to mount for New Mexico.
    The state has the highest national rate of teen pregnancy combined with high rates of juvenile crime and poverty.
    In response to this, Rep. Nora Espinza of Roswell, District 59 has introduced House Bill 474 to create the “New Mexico Marriage Commission.”
    HB 474 would create the commission made up of unpaid volunteers to explore ways governments can partner with private organizations to strengthen marriage.  

  • Transparency on budget matters passes house

    SANTA FE — A bill sponsored by Rep. Eleanor Chavez, D-Albuquerque, that would create greater transparency on tax expenditures and their impact on the state has passed the House of Representatives.  
    House Bill 161 would require the Secretary of Taxation and Revenue to provide the governor and the legislature with a tax expenditure budget with revenue impacts over $5 million.  The bill passed with a vote of  63-0.

  • SBA’s 8(a) Business Development Program revisions are revealed

    SBA’s 8(a) BD program is a nine-year business development program, which provides specialized business training, counseling, marketing and technical assistance to small businesses certified for participation in the program.
    The revisions to the 8(a) BD regulations are the first comprehensive overhaul of the program in more than ten years.  The changes are:
    •Both technical and substantive in nature;
    • Made to ensure that the program benefits flow to the intended recipients; and

  • Lottery scholarship gets house support

    SANTA FE — A bill sponsored by Rep. Bill O’Neill, D-Albuquerque, that would allow New Mexico high school graduates a 16-month period to enroll in college and take advantage of New Mexico lottery scholarships moved closer to becoming law today.  
    HB 62 passed the House with a vote of 63-0.
    “The fact that this bill passed unanimously highlights the support that this logical and important legislation has on both sides of the aisle,” O’Neill said.

  • Bahrain crushes protest camp, locks down capital

    MANAMA, Bahrain (AP) — Troops and tanks locked down the capital of this tiny Gulf kingdom after riot police swinging clubs and firing tear gas smashed into demonstrators, many of them sleeping, in a pre-dawn assault Thursday that uprooted their protest camp demanding political change. Medical officials said four people were killed.

  • Democrats turn 'Where are the jobs?' chant on GOP

    WASHINGTON (AP) — Republicans won sweeping victories last November by taunting Democrats with "Where are the jobs?" Democrats are now throwing those taunts back, saying it's Republicans who will knock thousands of Americans out of work with their demands for deep cuts in federal spending.

  • Tea party out to defeat 3 longtime GOP senators

    WASHINGTON (AP) — What does a longtime Republican senator with a national reputation for working well with Democrats do in the face of a potentially career-ending tea party challenge?

    If you're Richard Lugar of Indiana, you tell them to "get real."

    If you're Olympia Snowe of Maine, you fight off the "Snowe Removal" effort by making key alliances with tea party activists and highlighting your record of fiscal conservatism.

    And if you're Orrin Hatch of Utah, you woo them.