Albuquerque Business News - Local Albuquerque News | Albuquerque Business First
With their convention speakers, are Democrats snubbing business?
PHILADELPHIA ? In 2012, CEOs and small businesses had their day at the Democratic National Convention with high-profile entrepreneurs like the founders of Costco and CarMax getting prime-time speaking slots along with a small businessperson and the head of the Small Business Administration. So far this year, the number of speakers with a business background has trailed 2012, and that has delegates and Democrats with a small business background concerned about whether they and their issues are?
4 tips for business owners from a NM banking and cybersecurity expert
If you haven?t gotten one yet, there are pretty good odds you?ll see an ?urgent CEO email? soon. The setup: A top executive or business owner sends an email requesting an urgent money wire. Often, it?ll come from an email address that looks like one you?re used to, or it?ll even come from the actual address. The Federal Bureau of Investigation estimates that this type of scam has cost companies more than $2.3 billion over the last three years, and it?s on the rise. Charlie Pineda,?
Here's how much Facebook data center would pay in electricity costs
Social networking giant Facebook would likely pay around $31 million annually to the Public Service Co. of New Mexico (PNM) in electricity costs if it chooses to locate a massive new data center here. That?s according to documents filed with the New Mexico Public Regulation Commission, which set an Aug. 9 public hearing for PNM?s plans and requested more detail July 13 regarding the ?all-in annual cost? to Facebook. The PRC had asked for a comparison of costs under PNM?s existing special?
These 8 major industries face cybersecurity challenges in NM and beyond
RiskSense, one of Albuquerque Business First's fastest-growing companies, works with a lot of industries through its risk management platform, a software that identifies and helps remedy cybersecurity gaps. Eight industries are especially regular users of cybersecurity technology, says Torsten George, vice president of global marketing and products for the company. Here's a list of usual suspects when it comes to cybersecurity: Government: unsurprisingly, the government has information it would?
Southwest Airlines says it?s back on track after technical meltdown grounded flights
Southwest Airlines says its flights and bookings are back on track after computer system crashes on Wednesday scrambled the Dallas-based carrier?s flights for four straight days. Southwest (NYSE: LUV) late Sunday reported a full recovery across its flight network. The airline had 2,300 cancellations and thousands of delays from Wednesday afternoon through Saturday evening. Southwest Airlines CEO Gary Kelly on Thursday blamed the initial problem on a router and called the ensuing computer malfunctions?
Albuquerque named one of the best-run cities in America
Add this as another ranking business leaders can tout about Albuquerque. According to personal finance website WalletHub, Albuquerque was ranked as the 15th best-run city in America. WalletHub compared 150 of the largest cities on six indicators: financial stability, education, health, safety, economy as well as infrastructure and pollution. It also compared cities' per-capita budgets to measure their budgeting efficiency. When it came to overall city services, Albuquerque was ranked 72nd. For?
5 things you need to know today, and Tamalewood is getting bigger
For a Monday it was a busy news day. We say goodbye to a New Mexico institution and we learn that a startup unicorn (one that is worth $1 billion or more) is eyeing a return to New Mexico. Two more New Mexico schools join bidding process The University of New Mexico won't be the only New Mexico school competing to manage Sandia National Laboratories. We learned Monday that New Mexico Institute of Mining and Technology and New Mexico State University have joined Lockheed Martin Corp.'s bid for Sandia?
DNC Notebook: Democrats take a run at matching GOP?s discord
PHILADELPHIA ? Rocked by hacked and leaked emails showing that the outgoing Democratic National Committee chairwoman and her staff had worked against Vermont Sen. Bernie Sanders? presidential campaign, Sanders supporters periodically interrupted the convention on Monday, breaking only for First Lady Michelle Obama?s remarks. It immediately brought to mind the events of one week ago, when conservative Republicans and Never Trump delegates united to try to stage a floor vote on rules changes?
For one big chamber of commerce, change was needed for prime engagement
Chambers of commerce, as described by the IRS, "direct their efforts at promoting the common economic interests of all the commercial enterprises in a given ... community." In New Mexico, there are nearly 70 chambers. Chambers of commerce must follow Section 501(c)(6) of the Internal Revenue Code and fill out a Form 990, which allows the public to see how a chamber is operating. The Greater Albuquerque Chamber of Commerce recently named new board members for the 2016-2017 year. New Chairman of?
While hosting political conventions, cities and business leaders seed long-term deals
It was a friendly gesture, but one that Dan Walsh, CEO of the real estate investment firm Citymark Capital, hopes will pay long-term dividends. While hanging out last week at the bar in Cleveland?s Westin Hotel, Walsh ran into an oil billionaire from the West. They got to chatting, and the oil man mentioned that he liked to take long walks in the morning. Later, Walsh sent him an email outlining a route that would take the man and his wife through Cleveland?s revitalized Flats district, up?