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Author archives: - Associated Press

  • Japan assures US of calm response to China tension

    February 8, 2014 • BusinessComments Off

    Japanese Foreign Minister Fumio Kishida listens as Secretary of State John Kerry speaks after a meeting at the State Department in Washington, Friday, Feb. 7, 2014. (AP Photo/ Evan Vucci) WASHINGTON (AP) — Japan assured the U.S. Friday that it will respond...

  • Weak US jobs report also offers hints of optimism

    February 8, 2014 • BusinessComments Off

    In this Wednesday, Jan. 22, 2014 photo, job seekers line up to meet prospective employers during a career fair at a hotel in Dallas. January was a second straight disappointing month for U.S. job seekers, though mainly in the government and retail sectors...

  • Apple takes $14B bite of its stock via buyback

    February 8, 2014 • BusinessComments Off

    FILE – In this Tuesday, Sept. 10, 2013, file photo, Apple CEO Tim Cook speaks on stage before a new product introduction in Cupertino, Calif. Apple has reportedly repurchased $14 billion of its stock in the two weeks after its first-quarter financials...

  • Hackers may have used Pa. company to hit Target

    February 8, 2014 • BusinessComments Off

    A sign for Fazio Mechanical Services Inc. is at their location in Sharpsburg, Pa. on Friday, Feb. 7, 2014. The western Pennsylvania heating and refrigeration contractor issued the statement late Thursday, Feb. 6, 2014 saying it was the victim of a...

  • New Mexico Senate panel OKs minimum wage increase

    February 8, 2014 • State NewsComments Off

    SANTA FE, N.M. (AP) — A proposal moved ahead in the Legislature on Friday that would boost New Mexico’s minimum wage to $8.30 an hour next year and provide for annual inflation increases. The proposed constitutional amendment cleared the Senate Rules...

  • NM Senate passes texting-ban proposal

    February 8, 2014 • State NewsComments Off

    SANTA FE, N.M. (AP) — After years of trying, the New Mexico Senate approved Friday a proposal to prohibit texting and checking social media on smartphones while driving in the state. Senators voted 37-5 on a bill that prohibits drivers — even while at a...

  • NM farmer gets 14-year prison term for tax fraud

    February 8, 2014 • State NewsComments Off

    ALBUQUERQUE, N.M. (AP) — A New Mexico farmer has been ordered to pay more than $18 million in restitution and sentenced to 14 years in prison for tax fraud and fraudulently collecting farm subsidies. Prosecutors say Bill Melot, of Hobbs, hasn’t filed...

  • Drone crashes at NM’s White Sands Nat’l Monument

    February 8, 2014 • State NewsComments Off

    HOLLOMAN AIR FORCE BASE, N.M. (AP) — An unmanned aircraft on a training mission from Holloman Air Force Base in southern New Mexico has crashed at White Sands National Monument. Base officials say the QF-4 drone crashed around 9 a.m. Friday. They say the...

  • NM man receives prison term in embezzlement case

    February 8, 2014 • State NewsComments Off

    ALBUQUERQUE, N.M. (AP) — A 32-year-old man from southeastern New Mexico has been sentenced to just over five years in prison and ordered to pay restitution of nearly $502,000 on convictions for fraud and identity theft. Roger Baeza of Jal (was charged in...

  • Albuquerque barricade situation ends peacefully

    February 8, 2014 • State NewsComments Off

    ALBUQUERQUE, N.M. (AP) — Police say an overnight barricade situation in northeast Albuquerque has ended peacefully with a man’s surrender. The situation began Thursday night when a man refused to leave a resident where officers had gone in response to...