Albuquerque Business News - Local Albuquerque News | Albuquerque Business First


    Sotheby's 'exploring' Albuquerque's luxury housing market
    Sotheby's International Realty has long been a dominant force in Santa Fe's luxury housing market. With plenty of million-dollar homes and out-of-state buyers, the City Different is perfect for the Sotheby's brand, which has three offices there. This year, Sotheby's is eyeing a different market in New Mexico ? Albuquerque's luxury housing market. It has tapped Marsha Adams, an associate broker, to market homes for Sotheby's in Albuquerque, though it has not opened an office here. While Albuquerque's?


    These companies ranked high for work-from-home
    Work-from-home types are on New Mexico?s radar for their potential to fuel the region?s economic recovery, especially in rural areas, and a recent ranking by telecommuting jobsite FlexJobs shows the 100 companies ? several of them with a presence in the Albuquerque metro area ? that posted the most work-from-home jobs in 2015. UnitedHealth Group, which made news in New Mexico in November for its UnitedHealthcare platform?s search to fill 1,000 telecommuter/telework vacancies before the?


    More call centers on the way to ABQ, broker on NORC deal says
    The "song and dance" of getting NORC at the University of Chicago to commit to expanding to Albuquerque required a lot of different hands: Albuquerque Economic Development, the Sandoval Economic Alliance, New Mexico Workforce Solutions and the broker at the real estate firm that closed the transaction for the organization's lease at Copper Pointe ? Paul Cook. As Business First reported yesterday, the Chicago-based research organization not only chose Albuquerque as one of its new hubs, but has?


    Fast-growing salon in expansion mode
    Toni & Guy opened a new salon today in the Northeast Heights off the Paseo Del Norte corridor, and it has big plans to add more locations throughout the city. Its new salon, located in The Shops at Paseo shopping center at 8000 Paseo del Norte, will house 24 stylists. David Chavez of Base 5 Retail Partners represented the 1,200-square-foot space. Anthony Johnson with Pegasus Retail represented Toni & Guy. The Albuquerque Toni & Guy salon owner, Joe LiRosi, also owns the Toni & Guy Hairdressing?


    ABQ financial planners' top tips for high-net-worth clients
    The number of zip codes with average net worth above $1 million is on the rise in New Mexico. So, we asked local financial advisers their advice for this growing segment of high-net-worth clients here. Have a succession plan to pass on wealth to future generations. Work with your financial planner to create an investment strategy. Incorporate philanthropy into your wealth. These are just a few of the tips we received. Click on the accompanying slideshow to read additional money management advice?


    Longtime family business gears up for its busiest day of the year
    Buffett's Candies will celebrate its 60th year in business this year, and siblings and co-owners Patty, George II and John Buffett are gearing up for an anniversary celebration in the fall. But first they have to survive Feb. 13. While the busiest time of year in the candy business is between Thanksgiving and Christmas, when 40 percent of the annual business is done, Patty Buffett says the busiest single day is Feb. 13, when everyone is rushing to buy chocolate for Valentine's Day. And with the?


    A New Mexico CEO's view from the White House
    Dr. Cheryl Willman's work at the University of New Mexico's Comprehensive Cancer Center has been getting noticed in a big way over the last year. Beyond debuting a number of cutting edge technologies, the Cancer Center earned a National Cancer Institute (NCI) comprehensive cancer center designation last year that recognizes it as one of the top centers for cancer treatment and research in the country and could provide more opportunities for everything from clinical trials to research funding; in?


    DOT says New Mexico's roads aren't that bad ? and more funding's on the way
    New Mexico?s economic recovery and future growth will be greatly affected by the reliability and condition of the state?s roads, which a recent report said are in really bad condition. The New Mexico Department of Transportation agrees that funding needs exceed a tight budget, but says the state?s roadways are not in as bad of shape as the report by transportation research group TRIP claims. ?The TRIP report is not an accurate picture of the state highways,? said Matt Kennicott, NMDOT?


    ART's potential 'gold' rating debated by transit project's proponents, foes
    Albuquerque?s proposed rapid transit bus system could set a new bar for rapid transit in the U.S., according to an international transit project rating agency. On hand to address a ?testy? crowd of 247 concerned citizens on Wednesday night at Hiland Theater ?situated on the line?s proposed Central Avenue route ? were Albuquerque Rapid Transit project manager Dayna Crawford and Michael Riordan, the city?s chief operations officer, among a handful of other key decision makers. The ?What?s?


    Sprint shuts the doors today on 394 Rio Rancho jobs
    Sprint is officially closing its Rio Rancho call center today, cutting 394 jobs. The closure is part of a company-wide plan by Sprint to trim up to $2.5 billion in costs from its business. Sprint is closing six customer-care centers across the country, including the one in Rio Rancho. "Sprint has been a great employer in our community for many years. We are sorry they are no longer going to continue their operations in Rio Rancho,? said the president and CEO of Sandoval Economic Alliance Jami?