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Top News & Analysis New Mexico

  • 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...

  • At least six other states are considering similar laws, to ease the burden of student debt that has doubled since 2008 to over $1.3 trillion, according to the Federal Reserve Bank of New York. "There are many schools that are going to be losers in this game," said R.J. Gallo, a portfolio manager at Federated Investors in New York. Gallo, who owns debt issued by well-known...

  • A man pauses in an alley on May 18, 2017 in Morgantown, West Virginia.

    Call them the unrecovered—a handful of states where job markets, nine years later, are still struggling back to where they were before the recession.

  • The rising business activity comes as Jeff Miller prepares to become the 98- year-old company's chief executive officer next month, taking over from Dave Lesar, CEO since 2000.. "We will continue to implement our strategy," Miller said in an interview at the company's Houston headquarters just outside George Bush Intercontinental Airport.

  • The rising business activity comes as Jeff Miller prepares to become the 98- year-old company's chief executive officer next month, taking over from Dave Lesar, CEO since 2000.. "We will continue to implement our strategy," Miller said in an interview at the company's Houston headquarters just outside George Bush Intercontinental Airport.

  • They tell the story of the U.S. shale resurgence and the quandary it poses for OPEC as it struggles to tame a global glut. Surging U.S. production has stalled OPEC's effort to cut supply. The Permian boom will be high on the agenda as OPEC oil ministers begin gathering in Vienna ahead of a May 25 policy meeting to decide whether to extend output cuts.

  • WASHINGTON, May 16- Democrats are striking back at the U.S. Congress and White House over their push to cut regulations, as Republicans ratchet up attacks on rules they say hurt business and give bureaucrats too much power. New Jersey Senator Cory Booker, a Democrat, on Tuesday introduced legislation to kill the Congressional Review Act, a law Republicans used...

  • WASHINGTON, May 16- Democrats are striking back at the regulation-cutting blitz in the U.S. Congress and White House, as Republicans ratchet up attacks on rules they say hurt business and give bureaucrats too much power. New Jersey Senator Cory Booker, a Democrat, on Tuesday will introduce legislation to kill the Congressional Review Act, a law Republicans used...

  • NEW YORK, May 10- Four U.S. states have sued Interior Secretary Ryan Zinke, the Interior Department and the U.S. Bureau of Land Management to block new leases of public lands for coal mining, according to papers filed on Tuesday in Montana federal court. State prosecutors for California, New Mexico, New York and Washington are arguing new coal extraction would...

  • MEXICO CITY/ OTTAWA, May 4- From launching a data-mining drive aiming to find supply-chain pressure points to sending officials to mobilize allies in key U.S. states, Mexico and Canada are bolstering their defenses of a regional trade pact President Donald Trump vows to rewrite. Mexico, for example, has picked out the governors of Texas, Arizona and Indiana as...

  • It was the industry's biggest first quarter since 2009, the American Wind Energy Association said in its first-quarter market report released on Tuesday. About a quarter of the megawatts installed in the first quarter are contracted to buyers outside the utility industry, including the U.S. Army, Amazon.com Inc and Alphabet Inc's Google.

  • WASHINGTON, April 18- The U.S. Supreme Court, in a case with wide consequences for the policing of Wall Street, indicated on Tuesday it may diminish the Securities and Exchange Commission's ability to get back ill-gotten profits reaped through defendants' misconduct. The court's conservative wing peppered the government during a one-hour argument with...

  • WASHINGTON, April 18- Conservative U.S. Supreme Court justices raised concerns on Tuesday about whether the Securities and Exchange Commission should be able to order defendants to fork over illegal profits reaped by misconduct that dates back more than five years. The ruling in the case involving New Mexico- based investment adviser Charles Kokesh, due by...

  • The case, which involves New Mexico- based investment adviser Charles Kokesh who was sued by the SEC in 2009, hinges on whether ill-gotten gains, in an agency recovery remedy known as "disgorgement," are subject to a five-year statute of limitations. The SEC already faces a five-year statute of limitations for collecting civil monetary penalties, a time bar that...

  • NEW YORK, April 17- U.S. shale production in May was set for its biggest monthly increase in more than two years, government data showed on Monday, as producers stepped up their drilling activity with oil prices hovering at over $50 a barrel. May output is set to rise by 123,000 barrels per day to 5.19 million bpd, according to the U.S. Energy Information...

  • April 13- ConocoPhillips, the largest U.S. independent oil producer, said on Thursday it would sell natural gas-heavy assets in San Juan basin to privately held Hilcorp Energy Co for about $3 billion. The assets, which span New Mexico and Southwestern Colorado, produced 124,000 barrels of oil equivalent per day, about 80 percent of which was natural gas,...

  • April 13- ConocoPhillips said on Thursday it would sell natural gas-heavy assets in San Juan basin, spanning New Mexico and Southwestern Colorado, to an affiliate of privately held Hilcorp Energy Co for about $3 billion. Conoco will receive $2.7 billion in cash. The deal also includes a contingent payment of up to $300 million.

  • Drillers added 10 oil rigs in the week to April 7, bringing the total count up to 672, the most since August 2015, energy. More than half of the rigs added since the recovery started in June after crude prices first topped $50 a barrel, were in the Permian basin, the nation's biggest shale oil formation located in west Texas and eastern New Mexico.