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Today's News

  • State employee roles decreasing

    Last fall, both gubernatorial candidates promised state employees “no furloughs and no layoffs.”
    We could be pretty sure there would be no furloughs. The furloughs in 2010 were wildly unpopular and, more importantly, they were a budget-cutting tool of Gov. Bill Richardson. Both candidates were running away from him.
    At the conclusion of the 2011 legislature, Gov. Susana Martinez and legislative leaders proclaimed the budget that was adopted would require no furloughs and no layoffs.
    But layoffs already have begun. They sometimes are called reductions in force, or RIFs, but the results are the same.
    On June 10, 44 state employees were told to clean out their desks. They will be paid through the end of the month.

  • Economic Development 101

    It’s another beautiful day in the Land of Enchantment.
    This is the way Bob Hoffman, the Dean of Economic Development in New Mexico, opened all his meetings.
    If your skies aren’t blue, and your view of the horizon is hazy with wild-fire smoke, you might not agree, but Bob would convince you that beneath the smaze (yes, that’s a word), it’s still beautiful.
    Bob Hoffman, who created jobs across the state at times when it seemed impossible, has passed on, but his words are still gold.
    Bob had a passion for New Mexico almost from the moment he arrived at Holloman Air Force Base in 1950. His early career in radio broadcast and marketing gave him sales skills; that and his enthusiasm made him a force of nature.

  • PRC approves gas plant

    SUNLAND PARK (AP) — New Mexico regulators have given their approval for El Paso Electric to build an 81-megawatt natural gas-fueled power plant near Sunland Park.
    The $85 million project will serve about 50,000 customers in the Las Cruces area. Construction will  take about two years.
    The New Mexico Public Regulation Commission voted 3-2 Thursday to approve an order for the utility to build the plant.
    PRC Chairman Patrick Lyons voted in favor of the project. He said the plant will bring needed electricity to one of the state’s fastest growing areas.
    The commission was the last of three entities whose approval was required to move the project forward.

  • Unemployment falls locally, statewide

    The unemployment rate in New Mexico took a big tumble in May, although job growth wasn’t a factor in the fall.
    The state’s seasonally-adjusted unemployment rate was 6.9 percent in May, according to the state’s Department of Workforce Solutions. That number was significantly down from 7.6 percent in April and 8.3 percent in May 2010.
    However, job growth hasn’t been part of the drop in unemployment. Between May 2010 and May 2011, nonfarm payroll employment has dropped by 6,300 jobs, or 0.8 percent, the worst clip in the nation.
    Despite the losses, statewide employment was still considerably stronger than the nation as a whole. The U.S. currently has a 9.1 percent unemployment rate.

  • Business Watch: Investors can bring cash, other benefits

    Business owners who obtain outside equity – whether from family, friends or institutional investors – quickly learn money has strings attached.
    Most outside equity providers want to get repaid over a reasonable period of time and at a very good rate of return. In exchange for capital, they obtain a piece of the company, thereby becoming business partners.
    For a growing business, the advantages of this kind of capital are numerous. Equity significantly improves a company’s balance sheet and provides resources for hiring marketing staff, developing new products, purchasing equipment and other needs.

  • Still on the Line

    A Department of Public Utilities crew checks things out at 20th and Nectar earlier this week.

  • Basketball: Cavaliers take Irving as first pick of draft

    NEWARK, N.J. (AP) — Kyrie Irving probably secured his spot atop the NBA draft when he went to Cleveland and beat his future coach in a shooting contest.
    Yet even surrounded by family and friends from his nearby hometown, Irving couldn’t relax Thursday.
    “When David Stern came up there and said that the Cleveland Cavaliers have five more minutes on the clock, that felt like the longest five minutes of my life,” Irving said.
    Imagine how Jimmer Fredette felt.
    The sweet-shooting NCAA player of the year had to wait 2½ hours from the time he was picked by Milwaukee to the time he officially became a member of the Sacramento Kings after being involved in the biggest trade of draft day.

  • Golf: Results from Junior tourney Wednesday

    Here are the results from the Jr. PGA tournament hosted by Los Alamos Golf Course Wednesday:

    Boys 7-8 (9 holes)

    1. Alexander Moores, 51.

     

    Girls 7-8 (9 holes)

    1. Jessica Osden, 64.

     

    Boys 9-10 (9 holes)

    1. Nathan Smith, 43; 2. Ryan Vigil, 47; 3. Joshua Fambro, 49; 4. Hunter Swavely, 58; 5. Cameron Gonzales, 65.

     

    Girls 9-10 (9 holes)

    1. Miquela Martinez, 51; 2. Carissa Padilla, 55.

     

    Boys 11-12 (9 holes)

    1. Alejandro Armijo, 36; 2. Taton Yazzie, 45; 3. Tristan Gonzales, 47 (won scorecard playoff); 4. Lucas Sedillo, 47; 5. Marshall Spingler, 48; 6. Sean Rau, 54; 7. Mathew Ellis, 57.

     

  • Topes Notes 06-24-11

    RedHawk rally downs Isotopes

    The Oklahoma City RedHawks rallied for five runs off Isotopes reliever Travis Schlichting in the eighth inning as Albuquerque fell 8-6 at home.
    The RedHawks got five hits off Schlichting in the eighth. The Isotopes led 3-2 heading into the eighth.
    The two teams will finish off their four-game series tonight in Albuquerque.
    Tonight is also the finale of the Isotopes’ home stand. They will return home July 4.

  • Running: Romero has perfect prediction Tuesday

    Ted Romero had a spotless prediction at this week’s Pace Race.
    The Pace Race, a weekly run hosted by the Atomic City Roadrunners, was Tuesday. This week’s race started and finished near Guaje Pines Cemetery.
    Romero, running on the 3-mile course Tuesday, correctly predicted his finish time of 22 minutes, 42 seconds at the race. He beat out Jackie Marr’s 3-second error and Bob Weeks’ 21-second error.
    The fastest runner on the 1-mile course was 11-year-old Ben Rees, who had a time of 6:47. Sofia Mamula, 9, was the fastest female finisher on the short course, earning a time of 10:58.
    On the long course, twin brothers Michael and Jamie Jablin both finished in 21:29. Amy Regan was the top female finisher with her time of 24:55.