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Business & Business Outlook

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Navajos OK $60M Loan for Tribal Projects

New-Home Shortage in Cruces

AROUND NEW MEXICO

Bank tale exposes seamy side of regulation

Flaws and all, legal system belongs to us

Banks vs. Money Funds

My Watchlist: Track Your Portfolio
LOCAL STOCKS LIST
MUTUAL FUNDS: Week in Review List

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Navajos OK $60M Loan for Tribal Projects
FARMINGTON — The Navajo Nation's Tribal Council recently voted to approve a $60 million unsecured general obligation loan from Key Bank to begin construction as early as March on 13 public safety and judicial complexes across the nation.   (Tuesday, February 09, 2010)

New-Home Shortage in Cruces
LAS CRUCES — Despite oft-repeated concerns about a glut on the local real estate market, if you want to buy a new home, especially one priced $200,000 or less, there might be a dearth of choices in the upcoming year.   (Tuesday, February 09, 2010)

AROUND NEW MEXICO
CD, Loan Rates On Journal Site   (Tuesday, February 09, 2010)

Bank tale exposes seamy side of regulation
Nothing that I have written in my 10 years on the Journal's business desk has provoked as much reaction among readers as our coverage of the seizure of Charter Bank by the Office of Thrift Supervision.   (Monday, February 08, 2010)

Flaws and all, legal system belongs to us
"Justice is my being allowed to do whatever I like. Injustice is whatever prevents my doing so."   (Monday, February 08, 2010)

Banks vs. Money Funds
BANK/THRIFT YIELDS   (Monday, February 08, 2010)

Oil, gas group retools approach
Bob Gallagher was among the state's fiercest advocates for oil and natural gas production until he was ousted as president of the industry's biggest trade association late last month. He said he was told he had damaged the New Mexico Oil and Gas Association's image and reputation so badly he could no longer be effective.   (Monday, February 08, 2010)

S.F. center can't pay own way
SANTA FE — The Santa Fe Community Convention Center isn't likely to ever generate enough revenue to cover its operational expenses, the head of the Santa Fe Convention and Visitors Bureau told elected officials last week.   (Monday, February 08, 2010)

Welcome, neighbors: Cosina Azúl is open
When times get tough, Frank and Evelyn Barela open a restaurant.   (Monday, February 08, 2010)

Building on Success
The 50-year history of what is today the Dekker Perich Sabatini architectural and planning firm is the tale of two generations.   (Monday, February 08, 2010)

Bulletin Board
The Albuquerque chapter of the Construction Specifications Institute (CSI) monthly luncheon will be held from 1:30-4:30 p.m. today at the Courtyard by Marriott Journal Center, 5151 Journal Center NE. The featured topic will be "Unlocking the Mystery of Electrified Hardware." Admission is $20. For additional information or reservations, e-mail cmorrison@koroseal.com.   (Monday, February 08, 2010)

Restaurant Inspections
These are summaries of Albuquerque Environmental Health restaurant inspections. Restaurants with violations have 10 days to make corrections.   (Monday, February 08, 2010)

'Wash sale' different for IRA purchases
Q: IRS Publication 550 states that the disallowed loss in a wash sale is added to the cost of the new stock, except where substantially identical stock has been acquired for an IRA. Nothing further is stated in the publication regarding the disallowed loss where an IRA is involved. It seems inconsistent to allow a tax benefit (i.e., increase in basis for stock acquired in a wash sale) in all cases other than acquiring stock in an IRA. Does the IRS truly intend for the disallowed loss to have no tax benefit? If so, do you know the logic for that position?   (Monday, February 08, 2010)

Letters to Outlook
Shining a light on solar's true cost   (Monday, February 08, 2010)

Clovis excitement wins over wind-energy startup firm
CLOVIS —When looking for a place to set up their wind farm startup, Abundant Energy was blown away by what they saw in Clovis.   (Monday, February 08, 2010)

Recession May Scar Youth
CHICAGO — After living through one of the most brutal recessions in U.S. history, many late teens and young adults could be scarred for life, adopting behaviors that could skew everything from their own careers to politics, corporate profits and the stock market.   (Sunday, February 07, 2010)

Downturn Recalibrates Value of College Degree
KANSAS CITY, Mo. — Being "upside down" means owing more on your house or car than it's worth.   (Sunday, February 07, 2010)

Boom Times for Bankruptcy
Bankruptcies took another big leap in 2009, surpassing the 6,000 mark for the first time in four years in New Mexico.   (Sunday, February 07, 2010)

CNM Buys Old Plant
Central New Mexico Community College, in the midst of surging enrollment, has purchased the former Motorola plant at a bargain price for a "game changer" expansion into the north I-25 corridor.   (Saturday, February 06, 2010)

Even Non-Sports Fans Can Enjoy the Super Bowl Spots
Ten ads to look for during the Super Bowl, which airs Sunday on CBS:   (Saturday, February 06, 2010)

Farmington To Back Emissions Cap Fight
FARMINGTON — City officials said they would fight a proposed cap on greenhouse gas emissions although they wouldn't join a lawsuit to challenge the state's authority to regulate emissions levels.   (Saturday, February 06, 2010)

Unemployment Outlook Remains Bleak
WASHINGTON — The outlook for jobs remains bleak despite January's unexpected decline in the unemployment rate, which fell to 9.7 percent from 10 percent in December.   (Saturday, February 06, 2010)

Tyrone Mine Granted $22M Bonding Drop
SILVER CITY — The state of New Mexico has approved a $22 million bonding reduction for Freeport McMoRan Copper and Gold Inc.'s Tyrone mine for completed reclamation work on closed tailings storage areas, the state's Energy, Minerals and Natural Resources Department said.   (Saturday, February 06, 2010)

N.M. Airlines Juggles Schedule
CARLSBAD — New Mexico Airlines has discontinued its flights between Carlsbad and El Paso due to low passenger numbers, but it is adding a third flight to Albuquerque from Carlsbad with a stop in Alamogordo to compensate the community.   (Friday, February 05, 2010)

High-Flying Solar Panels Emcore wins NASA-based contract but program's future put in doubt
Albuquerque-based Emcore Corp. announced this week it has landed contract from ATK Space Systems to manufacture solar panels for ATK's solar arrays that would power the Orion reusable spacecraft being developed for NASA.   (Friday, February 05, 2010)

AROUND N.M.  (Friday, February 05, 2010)

3rd-Party Generation Weighed Legislature May Expand Utility Act  (Thursday, February 04, 2010)

AROUND N.M.  (Thursday, February 04, 2010)

Top PRC Staffer Can Stay on Job  (Thursday, February 04, 2010)

Biofuel Firm Vows Water Caution  (Wednesday, February 03, 2010)

Ruidoso Irked by Added Cost for Training Manual  (Wednesday, February 03, 2010)

County Supports Utility's Appeal  (Wednesday, February 03, 2010)

Comcast Signals Change  (Wednesday, February 03, 2010)

Pending Home Sales Creep Up Nationally  (Wednesday, February 03, 2010)

Around N.M.  (Wednesday, February 03, 2010)

First State Racks Up Hefty '09 Losses  (Tuesday, February 02, 2010)

Bernalillo Wallboard Plant Shut  (Tuesday, February 02, 2010)

AROUND N.M.  (Tuesday, February 02, 2010)

Latest chapter in bankruptcies  (Monday, February 01, 2010)

Anderson School names Hall of Fame inductees  (Monday, February 01, 2010)

Restaurant Inspections  (Monday, February 01, 2010)

NMSU joins consortium developing algae biofuel  (Monday, February 01, 2010)

Bulletin Board  (Monday, February 01, 2010)

Bernalillo County District Court  (Monday, February 01, 2010)

Information from fruit to nuts  (Monday, February 01, 2010)

Business ethics awards announced  (Monday, February 01, 2010)

Entrepreneurial class flees Mexico for U.S.  (Monday, February 01, 2010)

New rules make conversion to Roth IRA easier  (Monday, February 01, 2010)

Letters to Outlook  (Monday, February 01, 2010)

Entrepreneur training seminar on Wednesday  (Monday, February 01, 2010)

Tougher Times, Better Behavior  (Sunday, January 31, 2010)

Getting It Together  (Sunday, January 31, 2010)

UNM Career Expo attracts 80 employers  (Sunday, January 31, 2010)

Small Business Wary of Obama Plan To Jump-Start Hiring  (Saturday, January 30, 2010)

Toyota To Send Gas Pedal Notices  (Saturday, January 30, 2010)

Oil, Gas Assn. Spokesman Out  (Saturday, January 30, 2010)

It's All About the Chiles   (Saturday, January 30, 2010)

Growth Spurt Posted  (Saturday, January 30, 2010)

N.M. Jobless Rate Surges  (Friday, January 29, 2010)

DOE's Guarantee Refusal Puts $840M Plant in Jeopardy  (Friday, January 29, 2010)

Secretary Has Hopes 'This Is the Year' To Get It Passed   (Friday, January 29, 2010)

El Paso Electric Ordered To Refund $5.6M  (Friday, January 29, 2010)

El Paso Electric Ordered To Refund $5.6M  (Friday, January 29, 2010)

DOE's Guarantee Refusal Puts $840M Plant in Jeopardy  (Friday, January 29, 2010)

Around N.M.  (Friday, January 29, 2010)

Emissions Debate Warming Up  (Thursday, January 28, 2010)

Aztec Says No on Solar Projects  (Thursday, January 28, 2010)

Around N.M.  (Thursday, January 28, 2010)

Watts Up With Intel  (Wednesday, January 27, 2010)

Shuttle Too Pricey for Space Museum  (Wednesday, January 27, 2010)

Around N.M.  (Wednesday, January 27, 2010)

CofC Series Explores Energy  (Tuesday, January 26, 2010)

Debacle in December  (Tuesday, January 26, 2010)

AG Alerts Law Firms to Check Scams  (Tuesday, January 26, 2010)

Tax Deal Benefits Schools in Clovis  (Tuesday, January 26, 2010)

Around N.M.  (Tuesday, January 26, 2010)

Paying the price for Solar Power  (Monday, January 25, 2010)

Receipt date of taxable check clouds payment year   (Monday, January 25, 2010)

Banks vs. Money Funds  (Monday, January 25, 2010)

PNM revises incentives in solar proposal  (Monday, January 25, 2010)

Grant-writing workshop planned  (Monday, January 25, 2010)

Bernalillo County District Court  (Monday, January 25, 2010)

Health reform hobbled by voter unease  (Monday, January 25, 2010)

UNM professor to talk on fraud  (Monday, January 25, 2010)

Demand from China drives up pecan prices  (Monday, January 25, 2010)

Restaurant Inspections  (Monday, January 25, 2010)

Chamber enlists Lt. Gen.  (Monday, January 25, 2010)

Letters to Outlook  (Monday, January 25, 2010)

New Italian eatery out to make friends  (Monday, January 25, 2010)

Gun laws can't ban stupidity  (Monday, January 25, 2010)

Rails prep for rebound  (Monday, January 25, 2010)

Annual conference spotlights organic farming in N.M.  (Monday, January 25, 2010)

Bulletin Board  (Monday, January 25, 2010)

Rodey attorney elected to federal bank board  (Monday, January 25, 2010)

Bogus Pleas  (Sunday, January 24, 2010)

Cruces Couple Develops iPhone Applications for Teaching Children  (Sunday, January 24, 2010)

Patients Pay for Exclusive Care  (Sunday, January 24, 2010)

Bogus Pleas  (Sunday, January 24, 2010)

For Every Purchase, A Season  (Sunday, January 24, 2010)

Investors Sour on Obama  (Saturday, January 23, 2010)

Wall St. Extends Slump  (Saturday, January 23, 2010)

Opposition Grows To Fed's Bernanke  (Saturday, January 23, 2010)

Four Cast-Off N.M. Dealerships Welcome Appeals Process   (Saturday, January 23, 2010)

Senators Try To Bar EPA Caps  (Saturday, January 23, 2010)

Air America's Demise Dents KABQ Schedule  (Friday, January 22, 2010)

Around N.M.  (Friday, January 22, 2010)

Farmington Fears Emissions Cap  (Thursday, January 21, 2010)

Mall Sale a Bright Spot  (Thursday, January 21, 2010)

Ex-TNMP Users Face Drastic Jump  (Thursday, January 21, 2010)

Around N.M.  (Thursday, January 21, 2010)

N.M. Business Schools Get $1.25M Ethics Grants  (Wednesday, January 20, 2010)

Snow Obstructs LED Traffic Lights   (Wednesday, January 20, 2010)

PNM Hires First Solar  (Wednesday, January 20, 2010)

Around N.M.  (Wednesday, January 20, 2010)

Hispano Chamber Organizes Banquet  (Tuesday, January 19, 2010)

Pipeline Cost Paid Back To Company  (Tuesday, January 19, 2010)

Panel OKs New Study of Endangered Carlsbad Brine Cavern  (Tuesday, January 19, 2010)

Around N.M.  (Tuesday, January 19, 2010)

Chambers push cuts, efficiency  (Monday, January 18, 2010)

Bulletin Board  (Monday, January 18, 2010)

Cashmere knitting firm warms up to expansion  (Monday, January 18, 2010)

Founder of MSI Global to address CFA Society  (Monday, January 18, 2010)

Banks vs. Money Funds  (Monday, January 18, 2010)

Wrapping Up Expansion  (Monday, January 18, 2010)

Panel rebuffs booze ban  (Monday, January 18, 2010)

'Corporatism' proposed for drug war  (Monday, January 18, 2010)

Ktech, 60 firms receive water discharge awards  (Monday, January 18, 2010)

Bernalillo County District Court  (Monday, January 18, 2010)

Letters to Outlook  (Monday, January 18, 2010)

RV convention to return March 'Albuquerque Fiesta' expected to attract 8,000 visitors  (Monday, January 18, 2010)

Restaurant Inspections  (Monday, January 18, 2010)

Leadership N.M. seeks applicants  (Monday, January 18, 2010)

Inaction has left estate tax law in a mess  (Monday, January 18, 2010)

Tax-Time Oversight  (Sunday, January 17, 2010)

Having an Impact  (Sunday, January 17, 2010)

Better Be Prepared To Wait  (Sunday, January 17, 2010)

2010: Tech Predictions You Can (Probably) Count On  (Sunday, January 17, 2010)

Trial Repayments Spawn Redefaults  (Saturday, January 16, 2010)

Wages Slump in 2009  (Saturday, January 16, 2010)

Starbucks Shuts Seattle Call Center, Shifts Work to ABQ  (Saturday, January 16, 2010)

Wildlife Group Concedes EIB Conflict  (Saturday, January 16, 2010)

2 Private MVD Firms Renewed  (Friday, January 15, 2010)

Around N.M.  (Friday, January 15, 2010)

Senior Fed Official Predicts End to Record Low Interest Levels  (Thursday, January 14, 2010)

Houses Planned for 250-Acre Site  (Thursday, January 14, 2010)

Suit Aims at EIB Emissions Authority  (Thursday, January 14, 2010)

Around N.M.  (Thursday, January 14, 2010)

Stimulus Funds Rescue Stalled Low-Income Project  (Wednesday, January 13, 2010)

Anticipated Cruces Growth Propels Rental Projects  (Wednesday, January 13, 2010)

Conference To Get Gloomy Analyses  (Wednesday, January 13, 2010)

Around N.M.  (Wednesday, January 13, 2010)

N.M. Projects Get $38M in Tax Credits  (Tuesday, January 12, 2010)

Sour Economy Again Deflates Mesilla Balloon Rally  (Tuesday, January 12, 2010)

Around N.M.  (Tuesday, January 12, 2010)

CofC Opposes Stricter Emissions Caps  (Tuesday, January 12, 2010)

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