Albuquerque Business News - Local Albuquerque News | Albuquerque Business First
Lavu pumps up with software for athletic centers
Albuquerque?s Lavu Inc. is going to the gym. The company that makes point-of-sales software for retail and restaurants has announced Lavu Fit, a new dimension to its software that is targeted at athletic centers, such as gyms, martial arts studios and more. The new software uses RFID scanners and tags for members, as well as iPad software for signing waivers. The software also can create a customer database with a billing function. The RFID tags allow fitness and training centers to track members. ?We?
Photo editor Randy Siner's shots from Women of Influence
More than 500 people filled the sold-out ballroom at the Sandia Resort & Casino Thursday night to honor 30 of the most accomplished professional women in New Mexico. Our 10th annual Women of Influence awards was a high-energy celebration of the leading roles women play in our state?s business community. Albuquerque Business First Photo Editor Randy Siner captured it all. See the accompanying slideshow for his photos from the awards. To see all of the honorees and category winners, as well as?
Martinez signs broadband bill
Gov. Susana Martinez on Thursday signed a bill that will pave the way for the single-largest investment the state has ever made in broadband for education. Martinez signed a bill that will provide $50 million over the next five years to schools for broadband access. ?It directs the Public Schools Capital Outlay Task Force to develop program to divert money to schools that are most in need of connectivity,? said state Sen. Jacob Candelaria (D-Bernailllio), who sponsored the bill with state Rep.?
Fewer government workers around
New Mexico is one of 10 states to see a dramatic decrease in federal employment since 2007, according to a Census Bureau report released Friday. New Mexico lost more than 4 percent of its federal employees from 2007 to 2012, the report said. Those are the latest figures available. Overall, New Mexico had 142,667 full time and part time employees at the state and local levels. Of those employees, 38 percent are employed at the state level and 62 percent are employed at the local level. The national?
We did it again! See the weekly edition for free in celebration of our relaunch
New Mexico?s on a high-stakes test drive as a finalist for Tesla Motors? $5 billion Gigafactory. Reporter Dan Mayfield took a close look at the competition and what?s at stake for the Land of Enchantment. You?ll find his insights only in the March 7 weekly edition of Albuquerque Business First. And you can check out the whole edition for free once again this week in celebration of our relaunch. Other highlights from our weekly edition: Real estate reporter Damon Scott talks with two developers?
Waco?s Tacos ends Downtown run
The last taco has been served at Downtown?s Waco?s Tacos. Owner Joaquin Garofalo said he closed this week and will now focus on his two pizza restaurants. ?The lack of success of Waco?s I directly relate to the recession,? Garofalo said Friday. ?The reason JC?s [New York Pizza Department] is alive is that I opened it 13 years ago and it?s established. I opened Waco?s in April 2010, and while the recession hit in 2009, Albuquerque wasn?t feeling it yet. We just weren?t established?
Rio Rancho commercial development creating buzz
Albuquerque?s northwestern neighbor has announced a slew of commercial projects in recent weeks and the business community has taken note. La Vida Llena is set to break ground on a new $50 million project in Rio Rancho this summer and Presbyterian Healthcare Services will embark on a new $80 million six-story patient tower with 120 beds and a 21,500-square-foot cancer center at Presbyterian Rust Medical Center. Those are just two of several commercial development projects happening in the City?
Feds give ABQ OK on bus rapid transit idea
A bus rapid transit system for Albuquerque has moved a step closer to reality. The Federal Transit Administration has authorized the city?s transit department ? ABQ RIDE ? to move forward on project development for BRT, which would initially take place along Central Avenue. BRT is different from the city?s current bus system and would include boarding platforms that are level with the floor of the bus, as well as off-bus fare collection, a system that allows BRT to communicate with traffic?
FCC moves to expand wireless coverage near Taos
The Federal Communications Commission will award over $5.1 million to support mobile broadband service in areas of the Navajo Nation and Picuris Pueblo in Taos County lacking wireless coverage. The contracts are being given to Smith Bagley Inc. and Commnet Wireless LLC for mobile broadband service at Picuris Pueblo in Taos County and on the Navajo Nation, which spans New Mexico, Arizona and Utah. More than $2 million will be used for expanding wireless service in the area over the next three years?
Economy added 175,000 jobs in February
Employment increased by 175,000 in February while the unemployment rate was nudged up a tenth of a percentage point to 6.7 percent, the U.S. Bureau of Labor Statistics reported today. There was more hiring by companies in the professional and business services and wholesale trade sectors, but less among those classified as being in the information area. According to a news release issued by the bureau, there were 10.5 million people unemployed in February. The jobless rate has shown little movement?