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Archive for March 7th, 2013

  • Hotel Pennsylvania to be renovated, not razed

    March 7, 2013 • BusinessComments Off

    FILE – In this Feb. 9, 2008 file photo, cars pass the Hotel Pennsylvania on Seventh Ave. in New York. New York’s famed Hotel Pennsylvania will not be knocked down as originally planned. The weak economy caused the hotel’s owner, Vornado Realty...

  • US household wealth regains pre-recession peak

    March 7, 2013 • BusinessComments Off

    FILE – In this March 1, 2013 file photo, a pair of specialists work at a post on the floor of the New York Stock Exchange. Surging stock prices and steady home-price increases have finally allowed Americans to regain the $16 trillion in wealth they lost...

  • Illinois deal on fracking could be national model

    March 7, 2013 • BusinessComments Off

    FILE – In this Feb. 13, 2013 file photo, Illinois Rep. John Bradley, D-Marion, speaks to reporters during a news conference at the Illinois State Capitol in Springfield where lawmakers have introduced a bill to regulate high-volume oil and gas drilling...

  • Kroger’s profit beats Wall Street expectations

    March 7, 2013 • BusinessComments Off

    FILE – This June 12, 2012 file photo shows a Kroger store in Indianapolis. The Kroger Co. announced Thursday, March 7, 2013 that its fourth-quarter profit in 2012 handily beat Wall Street expectations. (AP Photo/Michael Conroy, File) NEW YORK (AP) —...

  • NM Senate approves government pension overhaul

    March 7, 2013 • State NewsComments Off

    SANTA FE, N.M. (AP) — The Senate approved a proposal Thursday to revamp benefits and eligibility of a pension system for nearly 90,000 state and local government workers and retirees in New Mexico. Supporters said the changes were necessary to improve the...

  • Straight-ticket balloting option clears NM Senate

    March 7, 2013 • State NewsComments Off

    SANTA FE, N.M. (AP) — A proposal to restore the option of voting a straight party ticket in New Mexico elections is heading to the House. The Senate approved the measure Thursday on a party-line 24-17 vote. Democrats supported the proposal and Republicans...

  • Police: ‘Home alone’ 10-year-old stops NM burglary

    March 7, 2013 • State NewsComments Off

    ALBUQUERQUE, N.M. (AP) — Police say a heist by three suspected burglars in Albuquerque was thwarted after a 10-year-old who was home alone called 911. Albuquerque police spokeswoman Tasia Martinez says three teenagers were arrested Thursday following a...

  • Santa Fe and Hobbs likely to lose airport towers

    March 7, 2013 • State NewsComments Off

    ALBUQUERQUE, N.M. (AP) — The Federal Aviation Administration has notified airports in Santa Fe and Hobbs as well as the general aviation field in west Albuquerque that they will lose funding for their control towers unless they prove a pressing national...

  • NM coach accused of illegally performing physicals

    March 7, 2013 • State NewsComments Off

    LAS CRUCES, N.M. (AP) — A former Las Cruces middle school basketball coach arrested in a child pornography case is facing other charges. Police say 33-year-old Erik B. Khan now is accused of illegally performing physical exams on at least three juvenile...

  • Pearce looks to WIPP to help solve nuke problem

    March 7, 2013 • State NewsComments Off

    ALBUQUERQUE, N.M. (AP) — A top official in U.S. Rep. Steve Pearce’s office says the Republican congressman believes the federal government’s nuclear waste repository in New Mexico can handle shipments of radioactive waste from the Hanford...