New Mexico agency settles with oil company in well case

SANTA FE – An oil company operating in northwestern New Mexico has agreed to pay a $25,000 civil penalty as part of a settlement. The Energy, Minerals and Natural Resources Department said Tuesday...

DATE: Jan. 15, 2021 | CATEGORY: Business

High court weighs compensation for business restrictions

SANTA FE – The New Mexico Supreme Court heard oral arguments Wednesday as it weighs whether the state must compensate businesses for losses because of temporary closures and other pandemic-related...

DATE: Jan. 15, 2021 | CATEGORY: Business

Annual Colorado pot sales surpass $2 billion for first time

DENVER – Marijuana sales in Colorado in November pushed the industry’s annual revenue over $2 billion for the first time since cannabis was legalized for recreational use by a 2012 ballot measure....

DATE: Jan. 15, 2021 | CATEGORY: Business

Agile Space Industries gains recognition for bringing jobs to Durango

A Washington, D.C., ideas laboratory recognized Agile Space Industries, a Durango-based aerospace company, Tuesday for its efforts to support and diversify the city’s economy. The bipartisan...

DATE: Jan. 14, 2021 | UPDATED: 4 days 17 hours ago | CATEGORY: Business

High court weighs whether state should compensate businesses

SANTA FE, N.M. (AP) — In final written arguments published Thursday, New Mexico Gov. Michelle Lujan Grisham's administration urged the state Supreme Court to reject demands that businesses be...

DATE: Jan. 8, 2021 | CATEGORY: Business

Virus restrictions to be eased in much of Colorado next week

DENVER – Public health restrictions for places like restaurants and gyms are set to be eased in the much of Colorado starting next week. Gov. Jared Polis announced the change on social media late...

DATE: Dec. 31, 2020 | CATEGORY: Business

RV buyer beware

Recreational vehicle sales are soaring, and the RV industry expects 2021 to be a record-breaking year. Dealerships say much of the demand is coming from first-time buyers and others anxious to find...

DATE: Dec. 31, 2020 | CATEGORY: Business

Colorado had 9th-slowest economic growth in 3rd quarter

DENVER – Colorado’s economic growth slowed in the third quarter as the state registered the 9th-slowest growth from the previous quarter, according to a U.S. Bureau of Economic Analysis report....

DATE: Dec. 31, 2020 | CATEGORY: Business

Premium oil and gas tracts in short supply in New Mexico

SANTA FE – There are fewer premium tracts available for leasing by oil and gas developers on state trust land in the Permian Basin, and New Mexico land managers say that’s having an effect on...

DATE: Dec. 25, 2020 | CATEGORY: Business

New Mexico utility has plan for growing electric vehicle use

ALBUQUERQUE – New Mexico’s largest electric provider has a plan for incentivizing the buildout of infrastructure that would be needed to bolster the use of electric vehicles in the expansive state...

DATE: Dec. 25, 2020 | CATEGORY: Business

Glacier Cares raises $50,000 for gift cards, then makes donation to Durango families in need

A new initiative, Glacier Cares, raised $50,000 in just over 10 days to help Durango families and businesses during the holiday season. The Glacier Cares team, a partnership between the Glacier...

DATE: Dec. 18, 2020 | CATEGORY: Business

New Mexico seeks court’s protection from business lawsuits

SANTA FE – New Mexico’s governor and top health officials are trying to fend off a flurry of lawsuits by businesses owners who say financial losses caused by the state’s pandemic health orders...

DATE: Dec. 11, 2020 | CATEGORY: Business

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