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Top News & Analysis New Mexico

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  • ALBUQUERQUE, N.M. _ PNM Resources Inc. on Friday reported second-quarter net income of $31.7 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 40 cents per share. PNM Resources shares have fallen 12 percent since the beginning of the year.

  • ALBUQUERQUE, N.M.— Mary Hudetz, a former Associated Press journalist and current editor of Native Peoples Magazine in Phoenix, will return to the AP in August to become the news cooperative's law enforcement reporter in Albuquerque. "We are excited to have her join our team in Albuquerque." Her nearly two-year stint as editor of the bimonthly Native Peoples...

  • 2 houses from 'Breaking Bad' for sale in Albuquerque Wednesday, 29 Jul 2015 | 5:01 AM ET

    ALBUQUERQUE, N.M.— Two houses featured on the hit AMC-TV series "Breaking Bad" are up for sale in Albuquerque. Susan C. Feil and Alicia Feil Peterson of Coldwell Banker Legacy list another house that appeared in the series finale in Albuquerque's North Valley for $2.65 million. "Breaking Bad" follows former high school teacher Walter White as he manufactures meth...

  • ALBUQUERQUE, N.M.— Green chiles have defined New Mexico for generations, gaining fans and fame around the globe. "The labor force is getting older and not a lot of young people are getting into the business," said Ed Ogaz, owner of the Anthony, New Mexico- based chile wholesaler Seco Spice Co. "Something needs to happen." Chile has been a staple of New Mexico cuisine for...

  • TULSA, Oklahoma, July 28- The rebound in U.S. jobs, limited in the early part of the recovery to a handful of booming industries such as oil, has broadened across the country as old-line industrial areas such as Michigan and sun belt hubs like Florida pick up the slack. Riding the shale oil and gas boom, Texas, Louisiana, Oklahoma and three other states made an outsized...

  • On Wednesday, University of California President Janet Napolitano announced the 10- campus system would pay its employees that much by late 2017, while a New York wage board backed an eventual $15 an hour for the state's 150,000 fast-food workers. Voters in SeaTac, Washington, population 27,875, made their suburban Seattle city the nation's first with a $15-...

  • This table contains projected and actual enrollment figures for the newly eligible Medicaid population in the 30 states and the District of Columbia that have opted to expand the program under the federal Affordable Care Act. Where available, it also provides the estimated and revised cost of paying for the program during the 2017 fiscal year, when states...

  • ATLANTA— More than a dozen states that opted to expand Medicaid under the Affordable Care Act have seen enrollments surge way beyond projections, raising concerns that the added costs will strain their budgets when federal aid is scaled back starting in two years. That's greater than what was initially predicted through 2021. As a result, the state revised its...

  • July 15- Pipeline company Energy Transfer Partners said it would sell convenience store operator Susser Holdings to its unit Sunoco LP for about $1.94 billion in cash and stock. Formerly known as Susser Petroleum Partners LP, Sunoco supplies motor fuel to convenience stores and fuel dealers. Energy Transfer Partners transferred some convenience store...

  • July 15- Pipeline company Energy Transfer Partners said it would sell convenience store operator Susser Holdings for about $1.94 billion to its unit Sunoco LP. Sunoco will pay about $970 million in cash and issue about 22 million of its units valued at about $970 million as of Tuesday's close. Susser operates convenience stores in Texas, New Mexico and Oklahoma...

  • Oil production from the largest U.S. shale plays will plunge in August for a fourth consecutive month, forecasts from the U.S. Energy Information Administration showed on Monday. Energy firms fired thousands of workers and cut back on new drilling after U.S. crude futures collapsed 60 percent from over $107 a barrel in June 2014 to near $42 in March on oversupply...

  • July 13- Oil production from the largest U.S. shale plays is forecast to plunge some 72,000 barrels per day in August compared with the previous month, data from the U.S. Energy Information Administration showed on Monday. Oil production from the Permian play of West Texas and New Mexico, however, is expected to rise 5,000 bpd to 2.05 million bpd, according to the...

  • Drillers added oil rigs in two of the four major U.S. shale oil basins- eight rigs in the Permian in West Texas and eastern New Mexico and one in the Niobrara in Colorado and Wyoming- and cut five rigs each in the other two basins- the Eagle Ford in South Texas and the Bakken in North Dakota and Montana. On Friday, crude futures traded between $52 and $54 a barrel in see-saw...

  • California Hispanic population outstrips white -Census Wednesday, 8 Jul 2015 | 7:52 PM ET

    SAN FRANCISCO, July 8- California's Hispanic population now outnumbers the white population, U.S. The shift makes California the third U.S. state to not have a white plurality, following New Mexico with its large Hispanic population and the predominantly Asian Hawaii. "This is sort of the official statistical recognition of something that has been underway for...

  • The oil rig count rise of 12 to 640 followed a six-month slump in activity that reduced the number of active rigs from a peak of 1,609 in October to a nearly five-year low last week, energy services firm Baker Hughes Inc said in its closely followed report. Drillers added rigs in all of the major U.S. shale oil basins- three in the Eagle Ford in South Texas, two in the...

  • HOUSTON, July 1- A surge in West Texas oil pipeline startups and expansions has squeezed viability of some crude-by-rail terminals in the region, but increased output of ultra-light condensate could give them a niche pipelines cannot fill, a top rail operator in the region said on Wednesday. "The big topic used to be that there wasn't enough takeaway capacity out...

  • It was the 29th straight weekly decline, bringing the total down to 628, the lowest since August 2010, oil services company Baker Hughes Inc said in its closely followed report. In the latest week, drillers removed two rigs in the Permian, the biggest U.S. shale oil play in West Texas and eastern New Mexico, and three in the Bakken centered in North Dakota.

  • State winners and losers in race to woo business Wednesday, 24 Jun 2015 | 4:30 PM ET
    Top States 2015 On The Move

    Some states have made big economic strides. Others are falling short. Here's a look at movers on CNBC's Top States for Business 2015.

  • Why New Mexico has had 32 months of job growth Wednesday, 24 Jun 2015 | 6:52 AM ET
    New Mexico Gov. Susana Martinez

    Its geographical location has made New Mexico a key trade corridor—and thus a top destination for business, says Gov. Susana Martinez.

  • Overall, drillers reduced the number of rigs by four this week, oil services company Baker Hughes Inc said in its closely followed report. The number of oil rigs in the Permian, the nation's biggest shale oil field located in West Texas and eastern New Mexico, climbed to 232 this week, up one from the lowest level in at least four years last week, according to Baker...