Albuquerque Business News - Local Albuquerque News | Albuquerque Business First

    Behind the story: How Mesa del Sol has evolved
    This morning, ABF reporter Damon Scott sat down with Manny Barrera and Karl Smith, two of the key players who will be leading Mesa del Sol into its next phases. Mesa del Sol is a giant 13,000-acre master-planned community that's seen lots of change over the past few years. Last year, developer Forest City Enterprises sought to shed its stake in Mesa del Sol in a deal that would have given longtime Mesa del Sol executive Michael Daly part ownership with Covington Capital. But Daly left in March?

    State investment council touts plan to pump $150 million into local companies
    The New Mexico State Investment Council will invest $150 million in New Mexico companies over the next five years, said Linda Eitzen of the State Investment Council during the Albuquerque Economic Forum meeting on Wednesday morning. Eitzen and SIC council member Harold Lavender discussed the council's role in local investing during the meeting, as well as the upcoming vote on the change to the state's constitution that would remove a cap on the council's international investments. Eitzen said the?

    Radio Free America relaunches in Albuquerque (Video)
    Plunging data storage costs and new, lower-cost broadband connections have finally made Radio Free America a possibility for Kenneth Pushkin. Seven years ago, Pushkin tried to launch RFA as a radio-streaming website. But after spending almost $500,000 at the time on the project, he bagged it. Over the last few months, however, Pushkin's been back at it and on Wednesday was set to sign his third radio station to the platform, Santa Fe's Warehouse 21 low-power FM station. Radio Free America is a?

    See the winners of Beer Madness round two
    The votes are in! We've tallied up the votes in our eight Beer Madness round two matchups and determined which lucky brews will be moving on to round three. There is now only one matchup in each category, so round three will determine the top brew in each style. The categories are IPAs, Ales, Porters & Stouts and Specialty Beers, and after this round there will be only one beer standing in each category. So, on to the winners. Eight brews were eliminated and eight moved on from round two. Our?

    Barrera, Smith leading Mesa del Sol into next phases
    One is a familiar face with a new title, and the other is fresh on the residential scene at Albuquerque's Mesa del Sol master planned community. Manny Barrera has been promoted by Mesa del Sol developer Forest City Enterprises from director of engineering to director of development. Barrera is one of the few Mesa del Sol employees who have survived a slew of staff changes and shake-ups in recent years. He's been working there since 2006. Barrera carries many of the responsibilities that former?

    More jobs on tap for Bosque Brewing Co.
    An emerging Albuquerque-based brewery is hosting a job fair next month. Bosque Brewing Co. will be interviewing for kitchen and serving positions at its forthcoming Nob Hill location and at its home base in Northeast Albuquerque. This summer the brewery announced it will open a second Albuquerque location in Nob Hill on the southeast corner of Girard Blvd. and Central Avenue, adjacent to Mannies Restaurant. It's a 3,000-square-foot space that Bosque's director of operations, Gabe Jensen, said would?

    Court rules in favor of PSC of NM
    The U.S. Court of Appeals for the 10th Circuit in Denver has ruled in favor of an EPA plan that exempts several coal-fired plants from some federal requirements to reduce sulphur dioxide discharges. The ruling, which covered a case involving the Public Service Co. of New Mexico as well as the city of Albuquerque and Bernalillo County, was issued Tuesday. Conservation groups had challenged EPA's proposals for the plants, arguing that it would weaken pollution control standards in the Colorado Plateau. "Coal-fired?

    City?s pick for El Vado challenged
    NewLife Homes is asking the Albuquerque City Council to reconsider the city's decision to have another organization redevelop the old El Vado Motel. Earlier this month, Palindrome Communities was approved by the Albuquerque Development Commission to redevelop the site. According to the Albuquerque Journal, NewLife Homes has sent a letter to the council asking it to either reject Palindrome's proposal or reopen the proposal process. The Journal reported that NewLife took issue with several parts?

    UPS to raise rates in 2015
    United Parcel Service will raise rates an average 4.9 percent Dec. 29 across its ground, air, international and freight services within and between the U.S., Canada and Puerto Rico. The company raised rates an average 4.9 percent this year as well. Atlanta-based UPS (NYSE: UPS)also will apply dimensional-weight pricing to all UPS Ground services and UPS Standard to Canada packages. That pricing method, which the company says "encourages reductions in excess packaging materials and overall package?

    Credit union employee guilty of bank fraud
    A former employee of the Belen Railroad Employees Credit Union has pleaded guilty to a federal bank fraud charge. Louisa Gabaldon, 43, of Belen, pleaded guilty to one count of fraud in an agreement that satisifies a 12-count indictment that was issued in August 2013, according to the U.S. Attorney's Office in Albuquerque. Prosecutors said the plea agreement requires Gabaldon to pay $118,376.56 in restitution to cover losses associated with all 12 counts in the indictment as well as related losses?