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Top News & Analysis New Mexico

  • The biggest gains, as a proportion of total jobs, were in Montana, Nebraska, Arkansas, and New Mexico. In the past 12 months, job gains were strongest, in percentage terms, in Idaho, Utah and Nevada, all states in the Mountain region. Gains in Utah and Nevada have been similarly widespread.

  • WASHINGTON— U.S. Treasury Department agents have recently obtained information about offshore financial transactions involving President Donald Trump's former campaign chairman, Paul Manafort, as part of a federal anti-corruption probe into his work in Eastern Europe, The Associated Press has learned. Information about Manafort's transactions was...

  • March 21- Marathon Oil Corp said on Tuesday it bought additional acreage in the Permian basin for about $700 million, the company's second purchase in less than two weeks as it focuses on higher-margin, lower-cost U.S. assets. The about 21,000 acres, situated in the Northern Delaware basin of New Mexico, was acquired from Black Mountain Oil& Gas and other private...

  • PORTLAND, Maine— Amazon said it will begin collecting sales tax on purchases shipped to Maine addresses next month. The agreement in Maine, first reported by WMTW-TV, was confirmed by an Amazon spokeswoman on Monday. The decision will help level the playing field for Maine retailers that collect sales taxes and will increase revenue available to Republican Gov.

  • ALBUQUERQUE, N.M.— From the deserts of southern New Mexico and Nevada to islands in the Pacific Ocean, the U.S. government conducted dozens of nuclear weapons tests from the 1940 s until the early 1960 s. A team from Lawrence Livermore National Laboratory this week published more than five dozen films salvaged from government installations where they had sat...

  • Houston oilfield services company Baker Hughes Inc. said Friday that 631 rigs sought oil and 157 explored for natural gas this week. Oklahoma increased by 10 rigs, North Dakota added five, Texas gained four, Colorado and Utah were each up two, and Alaska gained one. Arkansas, California, Kansas, Ohio, Pennsylvania and West Virginia were all unchanged.

  • PHILADELPHIA— Less than three months into Philadelphia's new tax on sweetened drinks, the stakes have escalated: Beverage makers say the measure is hurting sales so much they need to cut jobs, while city officials say the moves are a ploy to get the tax struck down. The receipt says the drinks cost $5.99, and the tax adds $3.04. IGA supermarket has hung signs near...

  • That pace didn't sit well with Gorsuch, a judge for the Denver- based 10th U.S. Circuit Court of Appeals, and now President Donald Trump's nominee for the U.S. Supreme Court. In 2010, Gorsuch sided with the Environmental Protection Agency when a magnesium company challenged the EPA's new interpretation of a rule regulating byproducts created by the company's...

  • NEW YORK, March 13- U.S. shale oil production in April was set for its biggest monthly increase since October as output in the Permian Basin, America's fastest growing shale oil region, was expected to hit another record high, government data showed on Monday. Oil production in the Permian Basin in Texas and New Mexico, the largest U.S. shale oil field, was set to rise...

  • Crude production is expected to reach 9.53 million barrels per day in December 2017, according to the latest forecasts from the U.S. Energy Information Administration. Revisions are concentrated in output from the Lower 48 states, excluding federal waters in the Gulf of Mexico, so they are mostly about shale output, rather than offshore fields and Alaska.

  • WASHINGTON, March 9- President Donald Trump promised in a meeting with community bankers on Thursday to strip away some Dodd-Frank financial regulations and ensure they can continue giving small businesses access to capital. Trump, joined by National Economic Council Director Gary Cohn and Treasury Secretary Steve Mnuchin, said community banks play a "...

  • Crude production is expected to reach 9.53 million barrels per day in December 2017, according to the latest forecasts from the U.S. Energy Information Administration. Revisions are concentrated in output from the Lower 48 states, excluding federal waters in the Gulf of Mexico, so they are mostly about shale output, rather than offshore fields and Alaska.

  • Under a deal announced on Monday, Peabody said it had arranged for $1.26 billion in third-party bonds and $14.5 million in a state bond pool in Indiana, one of the states where it held self-bonds, to fully satisfy its financing requirements. It's also another example of how credit markets and banks seem to be more willing to open up their books to coal companies, "...

  • Concerns over how Peabody, the world's largest private-sector coal miner, would finance about $1 billion in self-bonds when it emerges from bankruptcy protection had led a series of complaints over its reorganization plan. Under a deal announced on Monday, Peabody said it had arranged for $1.26 billion in third-party bonds and $14.5 million in a state bond...

  • HOUSTON/ CALGARY, March 3- Doug Lucas stood outside a Houston energy conference early one morning last month handing out resumes and hoping to catch the eye of oil executives with a hand-written sign advertising "Petroleum Eng. Cut from oilfield services firm Halliburton Co in 2015, the 26- year-old temporarily turned to lawn care and cable-TV sales jobs while...

  • The TV streaming service provider, which is owned by Walt Disney Co, Comcast Corp, 21st Century Fox, and Time Warner Inc, will set up a new center in New Mexico or Texas by this fall and will hire 100 representatives this year, bringing its total to 300.. Their owners also have large customer service staffs already handling calls from their traditional pay TV...

  • BOSTON, Feb 27- Fidelity Investments plans to offer voluntary buyouts to employees who are 55 years or older, and who have worked for the Boston- based fund firm at least 10 years, a company executive said on Monday. For instance it recently described plans to lay off 100 employees who work near Dallas, while adding 135 new workers in Albuquerque, New Mexico, according...

  • Offshore production from the Gulf of Mexico accounted for more than half the total gain, adding an extra 175,000 bpd, with output from Alaskas North Slope also up 61,000 bpd. However, production increases were also reported from onshore predominantly shale plays in North Dakota, Oklahoma, New Mexico and Texas. Production from the contiguous United States...

  • Offshore production from the Gulf of Mexico accounted for more than half the total gain, adding an extra 175,000 bpd, with output from Alaskas North Slope also up 61,000 bpd. However, production increases were also reported from onshore predominantly shale plays in North Dakota, Oklahoma, New Mexico and Texas. Production from the contiguous United States...

  • NOGALES, Arizona, Feb 16- For up to 16 hours a day, tomatoes, peppers, cucumbers and mangoes grown in Mexico flow north through a border checkpoint into Nogales, Arizona, helping to ensure a year-round supply of fresh produce across the United States. Now in office, Trump is considering a 20 percent tax on imports from Mexico, one of several ideas under review in...