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Today's News

  • Different funds for different folks

    When the New Mexico Small Business Investment Corp. formed in 2001, its founders envisioned the organization directly owning minority stakes in a large number of small New Mexico businesses that had received federal loans from the Small Business Administration or U.S. Department of Agriculture. While this seemed like a good idea at the time, it was a challenge to implement.

  • Immigration ills

    When she was two years old, “Maria” crossed the Rio Grande from Mexico on her mother’s back. She grew up as an American, graduated from high school in New Mexico, married a Navajo man and started a family.

    She’s now alone in a rundown apartment in Juarez, one of the planet’s most violent cities, far from her husband and children. Part of the price of trying to obtain legal residency is to first leave the country and wait for the immigration bureaucracy to creak forward. She speaks poor Spanish; to her, Mexico is the foreign country.

  • Breaking News Injured Cyclist Flown to Albuquerque

    A well-known senior cyclist was seriously injured after crashing into a guard area near the bottom of Pajarito Ski Hill early this afternoon.

    A medical helicopter out of Santa Fe transported the man to UNM Hospital in Albuquerque.

    Check back for more details.

     

  • AG's office issues warning about phone scams

    SANTA FE, N.M. (AP) — The attorney general's Consumer Protection Division is alerting consumers about scams currently circulating in New Mexico.

    They involve a phone call telling a supposed "winner" about second prize in a contest for a Mercedes Benz and $850,000 or a "Two Million Dollar Mega Lottery."

    But the consumer has to send cash and personal information to get the prize.

    The Consumer Protection Division says people can recognize a scam when they're notified about a lottery or sweepstakes they didn't enter.

  • Don't miss this week's Police Beat

    Get the latest on local police activity here.

  • NM revenues weaken, more state budget cuts loom

    SANTA FE, N.M. (AP) — New Mexico's revenues are lower than expected for the newly started fiscal year, and it will force a new round of budget cuts to trim spending by about 3 percent.

    The Legislative Finance Committee received an updated financial forecast Wednesday, showing the state with a $200 million budget shortfall in the fiscal year that started this month.

    Revenues are projected to be almost $160 million lower than what had been anticipated this year, and $32 million short in the fiscal year that ended in June.

  • Obama signs sweeping financial overhaul into law

    WASHINGTON (AP) — Reveling in victory, President Barack Obama on Wednesday signed into law the most sweeping reform of financial regulations since the Great Depression, a package that aims to protect consumers and ensure economic stability from Main Street to Wall Street.

  • US announces new sanctions against North Korea

    SEOUL, South Korea (AP) — The Obama administration moved Wednesday to push new sanctions against North Korea over its nuclear weapons program, as Secretary of State Hillary Rodham Clinton and Defense Secretary Robert Gates showed solidarity with South Korea during a visit to the area that separates it from the North.

  • Baseball: Cubs manager Piniella retiring after season

    CHICAGO (AP) — After all those dirt-kicking, base-tossing tantrums, Lou Piniella is going out with more of a whimper.

    This isn't the way he envisioned his final days as the Chicago Cubs' manager.

    The team had bigger plans, too.

    Piniella announced Tuesday he will retire at the end of the season, completing a storied and often colorful career that included 18 years in the majors as a player and another 22 as a manager.

  • ‘Cool roofs’ coming to LANL

    Cool is, well, cool.

    And in an era where going green is everything, count Los Alamos National Laboratory in.

    Under a DOE program, the lab will be adding “cool roof” technologies — using lighter-colored roofing surfaces or special coatings to reflect the sun’s heat.

    The result? Less urban heat, more efficiencies, reduced cooling costs and offsetting carbon emissions.

    The announcement came Tuesday from U.S. Department of Energy Secretary Steven Chu.