Motorists in New Mexico are seeing a slight easing at the pump after prices flirted around the $4 per gallon range for weeks, according to the AAA New Mexico Weekend Gas Watch. The average price for a gallon of regular unleaded gas in the state this we... »
J.C. Penney Co. Inc. (NYSE: JCP) has added former executives from Apple Inc. and Abercrombie & Fitch to its management team. The retailer announced that Benjamin Fay will be executive vice president of real estate, store design and development. Most re... »
Tax preparer H&R Block Inc. said it plans to lay off 350 full-time employees and close about 200 "underperforming" company-owned offices and cut back its seasonal workforce, the Kansas City Business Journal reports. According to a filing with the U.S. ... »
A production based on a novel by “Twilight” author Stephanie Meyer is filming in Albuquerque and Farmington. The site Onlocationvacations.com said the production had been shooting in New Orleans, but moved to New Mexico April 9 and will be here through... »
A congressional investigation into Wal-Mart Stores’s alleged bribery of Mexican officials broadened to include the U.S. Chamber of Commerce and the Retail Industry Leaders Association, the Washington Post reported. At issue is work done by the groups a... »
Now you can get your stuffed sopapilla and play slots all in one place. Sadie’s of New Mexico has opened a third dining establishment in the greater Albuquerque metro area, this one at the Santa Ana Star Casino west of Bernalillo. The restaurant is par... »
Eclipse Aerospace Inc. received a production certificate from the Federal Aviation Administration to produce an upgraded version of the Eclipse 500 very light jet. The company, which bought the assets of Eclipse Aviation Corp. out of bankruptcy in Augu... »
Coronado Center is adding three more stores this spring and summer, including Sprint, Potato Corner and Justice, a teen girls’ apparel store, according to General Manager Randy Sanchez. Sprint will occupy 938 square feet in a space that will start cons... »
Apple Inc. on Tuesday said its profit nearly doubled in its second quarter, jumping 93 percent to $11.6 billion, or $12.30 per share. Revenue rose 59 percent to $39.2 billion. Analysts had projected earnings of $10.07 per share on revenue of $36.96 bil... »
Veteran Las Cruces developer/broker, Donnie Brainard, is joining NAI Maestas & Ward as a director and will work on retail and development brokerage deals, according to CEO Steve Maestas. He will begin work in early May. Brainard formed Alameda Property... »
Dance with them that brung you. Or in economic development parlance, take care of the companies you already have. Gary Tonjes, executive director of Albuquerque Economic Development, heard that advice recently from a national site selection consultant.... »
Avionics company Bendix/King will locate its information technology R&D and support services, as well as marketing functions, at a new 40,000-square-foot headquarters at the Honeywell facility in north Albuquerque. Bendix/King, a division of Honeywell,... »
A successful consignment store is relocating into the Nob Hill area and a recent arrival to Nob Hill will be showcasing three original short films in his upscale men’s clothing boutique. Gloria B’s Consignment Shoppe Collectibles & Curiosities will hol... »
Bendix King, a Kansas-based avionics supplier owned by Honeywell, will open a headquarters operation in Albuquerque, bringing 140 jobs to the city by 2013, according to a news release from Gov. Susana Martinez’s office. Martinez and representatives fro... »
Executives from the three anchors at Sandia Science & Tech Park, Raytheon Ktech, Emcore and Air Products & Chemicals Inc. expect hiring growth and in some cases, physical expansions. Steven Downie, Ktech president; Navid Fatemi, vice president of busin... »
