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Top News & Analysis New Mexico

  • Among major oil- and gas-producing states, Oklahoma added five rigs, North Dakota increased by three rigs, Louisiana gained two and California and Colorado were up one each. Alaska declined by two while New Mexico and Utah declined by one apiece. Arkansas, Kansas, Ohio, Pennsylvania, Texas, West Virginia and Wyoming were unchanged.

  • The Highway Loss Data Institute, a leading insurance research group, said in study results released Thursday that collision claims in Colorado, Washington, and Oregon went up 2.7 percent in the years since legal recreational marijuana sales began when compared with surrounding states. Legal recreational pot sales in Colorado began in January 2014, followed...

  • HOUSTON, June 21- Crude oil's bear market is highlighting the haves and have nots among U.S. shale producers, with the stronger promising to keep pumping even as prospects dim for some of their financially strapped peers. Crude prices have dropped more than 20 percent since late February, in part because of rising U.S. shale production that is offsetting OPEC's...

  • HOUSTON, June 21- Crude oil's bear market is highlighting the haves and have nots among U.S. shale producers, with the stronger promising to keep pumping even as prospects dim for some of their financially strapped peers. Crude prices have dropped more than 20 percent since late February, in part because of rising U.S. shale production that is offsetting OPEC's...

  • WASHINGTON— The Trump administration will enforce an Obama-era regulation aimed at restricting harmful methane emissions from oil and gas production, even as it seeks to rewrite the rule to be more industry-friendly, Interior Secretary Ryan Zinke said Tuesday. Zinke told the Senate Energy Committee that Interior will enforce those parts of the methane...

  • Instead, the box office dud has unintentionally played a role in giving new life to efforts to rid Massachusetts of its film industry subsidies. The state Senate has proposed a budget paring back what's considered among the most generous of the 36 states currently offering tax incentives to film companies. David Hartman, head of the Massachusetts Production...

  • Among major oil- and gas-producing states, North Dakota added three rigs while Alaska, Colorado and New Mexico gained two rigs each. California and Louisiana increased by one apiece. Arkansas, Kansas, Ohio, Pennsylvania, Texas, Utah and West Virginia were unchanged.

  • WASHINGTON— Employers added a significant number of jobs in nine states last month, and unemployment rates in four states fell to record lows. The Labor Department said Friday that the states with the largest percentage gains in jobs were Alaska, Alabama and Louisiana. Florida added nearly 30,000 jobs last month, the most of any state, followed by New York with...

  • NEW YORK, June 16- Cash, people and equipment are pouring into the prolific Permian shale basin in Texas as business booms in the largest U.S. oilfield. Eight prominent hedge funds have reduced the size of their positions in ten of the top shale firms by over $400 million, concerned producers are pumping oil so fast they will undo the nascent recovery in the industry...

  • The Environmental Protection Agency said it is seeking a two-year delay for oil and gas companies to follow a new rule requiring them to monitor and reduce methane leaks from their facilities. The Obama-era rule, finalized in November, "is expected to have real and harmful impacts on onshore energy development and could impact state and local jobs and revenue,"...

  • ALBUQUERQUE, N.M.— Typewriter enthusiasts gather at an Albuquerque restaurant to experiment with vintage Smith Coronas. A new documentary on typewriters featuring Tom Hanks and musician John Mayer is set for release this summer. "I haven't seen business like this in years," said John Lewis, a typewriter repairman who has operated out of his Albuquerque shop for...

  • "Ask Brianna" is a column from NerdWallet for 20- somethings or anyone else starting out. I'm here to help you manage your money, find a job and pay off student loans— all the real-world stuff no one taught us how to do in college. Send your questions about postgrad life to askbrianna@nerdwallet.com.

  • In a 9-0 ruling, the Supreme Court found that the SEC's recovery remedy known as "disgorgement" is subject to a five-year statute of limitations. The justices sided with New Mexico- based investment adviser Charles Kokesh, who previously was ordered by a judge to pay $2.4 million in penalties plus $34.9 million in disgorgement of illegal profits after the SEC...

  • In a 9-0 ruling, the Supreme Court found that the SEC's recovery remedy known as "disgorgement" is subject to a five-year statute of limitations. The justices sided with New Mexico- based investment adviser Charles Kokesh, who previously was ordered by a judge to pay $2.4 million in penalties plus $34.9 million in disgorgement of illegal profits after the SEC...

  • WASHINGTON, June 5- The U.S. Supreme Court on Monday scaled back the Securities and Exchange Commission's power to recover ill-gotten profits from defendants' misconduct, handing Wall Street firms a victory and dealing another blow to the regulator's enforcement powers. In a 9-0 ruling, the Supreme Court found that the SEC's recovery remedy known as "...

  • *Congress to consider boosting tax credit this summer. Occidental Petroleum Corp and a few other oil producers with wells near this town on New Mexico's border with Texas steadily pumped low-cost oil through the downturn, using a technique that has been heralded worldwide as a way to reduce carbon emissions and boost oil output. This way of drilling brings with...

  • U.S. refineries processed 17.5 million barrels per day of crude in the week ending on May 26, according to the U.S. Energy Information Administration. Part of the explanation lies in the strength of exports, mostly to markets in Central America, South America and the Caribbean, where ageing and inefficient refineries have struggled to meet growing demand from...

  • This undated file photo provided by GWS Auctions, Inc. shows a private jet once owned by Elvis Presley, on a runway in New Mexico. The plane has been auctioned after sitting on a runway in New Mexico for 35 years. The plane sold for $430,000 on Saturday, May 27, 2017, at an Agoura Hills, Calif., event featuring celebrity memorabilia, GWS Auctions Inc. said.

    A private jet once owned by Elvis Presley has been auctioned after sitting on a runway in New Mexico for 35 years.

  • In an order dated May 22, Wall Street's top regulator said it would suspend any cases in which a defendant will have an option to appeal a case before the Tenth Circuit Court of Appeals, which covers the states of Colorado, Kansas, New Mexico, Oklahoma, Utah and Wyoming. The SEC's order comes after that same appeals court earlier this month declined to reconsider the...

  • WASHINGTON, May 23- The U.S. Securities and Exchange Commission has suspended some of its pending in-house court cases, after a Denver- based federal appeals court found the agency had violated the Constitution in how it hired its administrative law judges. In an order dated May 22, the SEC said it would suspend any cases in which a defendant will have an option to...