By Mark Sherman WASHINGTON (AP) — The Supreme Court on Thursday rejected a nationwide settlement with OxyContin maker Purdue Pharma that would have shielded members of the Sackler family who own the company from civil lawsuits over the toll of opioids but also would have provided billions of dollars to combat the opioid epidemic. The decision also could affect other […]
Category: Jobs, Workers & Economy
Posted inJobs, Workers & Economy, Placitas
The Merc Gets New Life
After a period of decline and subsequent closure, The Merc, a unique grocery store located in the Homestead Village Plaza in Placitas, is set to reopen with revitalized energy under a new partnership. The reopening will mark the return of a community hub that has been more than just a place to shop for locals. […]
Posted inBernalillo County, Jobs, Workers & Economy, Local Gov., Syndicated
PNM seeks rate increase
This story is republished from NM Political Report, a nonprofit news outlet, as a part of our commitment to bringing you the best in independent news coverage that matters to Albuquerque. By Hannah Grover Customers of New Mexico’s largest electric utility may pay more for energy in the future. The Public Service Company of New […]
Posted inJobs, Workers & Economy, Sandoval County
Sandoval County Sees Big Economic Growth
The New Mexico Economic Development Department (EDD) released its quarterly report for the state’s 33 counties this week, highlighting significant growth in Sandoval County. The data for the report is based on matched taxable gross receipts (MTGR). The good news for Sandoval County? The county’s gross receipts tax increased by $42.2 million from the first […]
Posted inAlbuquerque, Jobs, Workers & Economy
Residents say Rail Trail must be safe, clean in order to be a success
Hundreds of Albuquerque residents recently responded to a survey, attended a webinar or asked for email updates on a highly-anticipated city project: the Rail Trail. The 7-mile, $80 million and counting, multi-use loop has the potential to boost Albuquerque’s economy, create jobs and be a focal point for the city’s residents and visitors. In the […]
Posted inJobs, Workers & Economy, Syndicated
Enviro group files ethics complaint; request for board member removal
By DANIELLE PROKOP Environmental groups are asking the New Mexico Ethics Commission to determine if a board member must step aside from decision-making as the state attempts to create new uses for the extremely salty and often toxic wastewater from oil and gas operations. An environmental nonprofit, New Energy Economy and Navajo Nation citizens Daniel Tso […]
Posted inJobs, Workers & Economy, National News, Syndicated
US gas prices are falling
By WYATTE GRANTHAM-PHILIPS Gas prices are once again on the decline across the U.S., bringing some relief to drivers now paying a little less to fill up their tanks. The national average for gas prices on Monday stood around $3.44, according to AAA. That’s down about 9 cents from a week ago — marking the […]
Posted inCourts, Justice & Safety, Jobs, Workers & Economy, Syndicated
What will become of The Epoch Times with its chief financial officer accused of money laundering?
By DAVID BAUDER / ASSOCIATED PRESS The arrest of an executive at The Epoch Times in a money-laundering scheme this week has drawn attention to a media outlet that has lived largely in the shadows since its founding in 2000 and a transformation during the Trump administration. Federal prosecutors in New York charged Weidong “Bill” Guan of […]
Posted inJobs, Workers & Economy, National News, Syndicated
Alzheimer’s drug that can slow disease gets backing from FDA advisers
By MATTHEW PERRONE / ASSOCIATED PRESS A closely watched Alzheimer’s drug from Eli Lilly won the backing of federal health advisers on Monday, setting the stage for the treatment’s expected approval for people with mild dementia caused by the brain-robbing disease. Food and Drug Administration advisers voted unanimously that the drug’s ability to slow the disease outweighs […]
Posted inJobs, Workers & Economy, National News, Syndicated
US hiring and wage growth picked up last month in sign of sustained economic health
By CHRISTOPHER RUGABER / Associated Press America’s employers added a strong 272,000 jobs in May, accelerating from April and a sign that companies are still confident enough in the economy to keep hiring despite persistently high interest rates. Last month’s sizable job gain suggests that the economy is still growing steadily, propelled by consumer spending on travel, […]