KOB.com - Business / Money - New Mexico Business & Consumer News

NM official: Tax package saved jobs

Sat, 18 May 2013 14:30:42 MDT

The head of the New Mexico Economic Development Department says a massive tax package passed by lawmakers in the final days of the legislative session is having a positive effect on jobs.

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Data paints grim picture of recession's effect in New Mexico

Fri, 3 May 2013 18:21:45 MDT

We have a new picture of just how much damage the recession has done to the economy in New Mexico. The U.S. Census Bureau released new data showing the impact on businesses.

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Winrock construction underway

Wed, 1 May 2013 19:00:30 MDT

Construction is coming along at Winrock Center.

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Congress approves bill to end airport delays

Fri, 26 Apr 2013 15:44:18 MDT

Congress easily approved legislation Friday ending furloughs of air traffic controllers that have delayed hundreds of flights daily, infuriating travelers and causing political headaches for lawmakers.

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New Mexico Finance Authority audit costs estimated to be $1.6M

Fri, 26 Apr 2013 08:20:55 MDT

A state agency that provides low-cost financing for local governments estimates it has spent about $1.6 million on expenses stemming from a fraudulent audit of its books.

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Albuquerque gearing up for 'ABQ Beer Week'

Thu, 25 Apr 2013 13:36:25 MDT

Chama River Brewing Company is just one of dozens of local breweries taking part in more than 67 events that make up "ABQ Beer Week."

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NM grapples with tough choices as drought persists

Wed, 24 Apr 2013 12:28:23 MDT

In southern New Mexico, the Rio Grande has gone dry. It's been reduced to a sandy wash winding from this chile farming community to the nation's leading pecan-producing county.

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NM Investment Council invests in Calif. venture capital fund

Wed, 24 Apr 2013 10:18:25 MDT

New Mexico's state investment agency is investing in a California firm in hopes of spurring investments in New Mexico business startups.

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Governor: Manufacturers expanding in southern NM

Wed, 24 Apr 2013 08:13:07 MDT

Gov. Susana Martinez says two manufacturers in southern New Mexico are expanding and expected to create 40 jobs.

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Bernalillo County to vote Tuesday on raising minimum wage

Tue, 23 Apr 2013 13:46:51 MDT

Tuesday night, Bernalillo County commissioners are set to vote on an ordinance that would increase the minimum wage to$8.50 for all businesses that are licensed or registered with the county.

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San Miguel County rejects ban on gas, oil drilling

Fri, 19 Apr 2013 13:55:59 MDT

San Miguel County apparently won't impose an outright ban on oil and gas extraction, but new restrictions on the industry may be in the offing.

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New Mexico investment capital decreased in 2012

Wed, 17 Apr 2013 10:54:35 MDT

A shortage of money for investments in business startups is being felt in New Mexico.

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Tips for meeting Monday's midnight tax deadline

Mon, 15 Apr 2013 08:17:24 MDT

Tax Day is here – and anyone who made more than $3,800 last year needs to file. Here are a few tips to keep in mind for meeting that midnight deadline.

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Audit: Navajo fair's profits could have been larger

Mon, 15 Apr 2013 07:47:28 MDT

The first-ever audit of the Northern Navajo Nation Fair has found that the $36,000 in profit earned from last year's event could have been nearly triple that amount.

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NM's proposed horse slaughter plant on the chopping block

Thu, 11 Apr 2013 18:27:46 MDT

The Obama Administration is making horse slaughter a federal issue, and that could have a direct effect on a New Mexico business.

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Court reinstates New Mexico's green building codes

Tue, 9 Apr 2013 13:50:43 MDT

Gov. Susana Martinez's administration has lost a court fight over repealing energy efficient building requirements implemented by her Democratic predecessor.

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UNM Regents refuse to vote on retiree health cost changes

Tue, 9 Apr 2013 15:02:56 MDT

University of New Mexico Regents are refusing to approve a task force's recommendations for steps proposed to cover rising costs of retiree health benefits.

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Portrait studio closing spurs outcry

Fri, 5 Apr 2013 22:11:07 MDT

A popular portrait studio closed its doors Friday, leaving many customers angry.

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Gov signs budget, capital outlay and PERA solvency measures

Fri, 5 Apr 2013 17:39:23 MDT

Governor Susana Martinez signed a $5.89 billion budget proposal Friday that increases state spending by 4.2 percent, or roughly $235 million.

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Governor to sign bill lowering NM corporate taxes

Thu, 4 Apr 2013 08:38:03 MDT

Gov. Susana Martinez plans to sign a measure into law to lower taxes on corporations as an economic development incentive.

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White House: Obama to return 5 percent of his salary in tribute to furloughed federal workers

Wed, 3 Apr 2013 14:24:16 MDT

The White House says President Barack Obama will return 5 percent of his salary in tribute to furloughed federal workers.

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Governor to sign NM unemployment program revision

Wed, 3 Apr 2013 11:43:39 MDT

Gov. Susana Martinez plans to sign legislation to overhaul how New Mexico charges businesses for the state's unemployment insurance program.

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Gov. Martinez to sign limit on space travel liability

Tue, 2 Apr 2013 08:36:03 MDT

Gov. Susana Martinez will be in Truth or Consequences in southern New Mexico Tuesday afternoon to sign legislation to shield commercial space travel companies from some damage lawsuits.

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NM tax notices now include previous year's data

Mon, 1 Apr 2013 08:56:02 MDT

A new transparency requirement being implemented in New Mexico law should make it easier for property owners to assess year-to-year changes.

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Warren Buffett visits legendary local restaurant

Fri, 29 Mar 2013 17:35:08 MDT

What does the second-richest man in the United States have for lunch when he’s in Albuquerque? Thanks to Warren Buffett’s recent visit to a legendary local steakhouse, KOB Eyewitness News 4 has the answer.

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Gov. Martinez approves educational pension overhaul

Fri, 29 Mar 2013 17:24:26 MDT

Gov. Susana Martinez has signed a measure into law to shore up the long-term finances of the state's pension system for teachers and other educational workers.

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Sunport passenger traffic falls nearly 20 percent

Thu, 28 Mar 2013 11:00:46 MDT

New numbers show that New Mexico's largest airport saw a 19.4-percent dip in passenger traffic from 2007 to 2012.

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Officers appeal to Gov. for early childhood intervention funding

Wed, 27 Mar 2013 13:03:09 MDT

Police officers from Albuquerque, Rio Rancho, Los Lunas and Bloomfield told heartbreaking stories about the child abuse they’ve seen firsthand at a press conference Wednesday meant to urge Governor Susana Martinez to sign legislation that would increase funding for home visits and early childhood education.

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UNM talking to companies about Sandia Labs contract

Wed, 27 Mar 2013 10:59:17 MDT

The University of New Mexico is talking to several private companies about the possibility of collaborating on a bid to manage the $2.4 billion Sandia National Laboratories.

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Workers to petition Gov. Martinez for minimum wage hike

Mon, 25 Mar 2013 08:13:06 MDT

A group called Working America says it will be in Santa Fe Monday to try and persuade Gov. Susana Martinez to sign a minimum wage increase.

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