Albuquerque Business News - Local Albuquerque News | Albuquerque Business First


    Same-sex marriage decision could affect New Mexico business (or not)
    Last week's U.S. Supreme Court decision in the case of Obergefell v. Hodges, which legalized same-sex marriage on a federal level, will likely have little effect ? positive or negative ? on businesses in New Mexico. According to Tom Montoya, a family law attorney and shareholder at Albuquerque's Atkinson & Kelsey P.A., businesses around the state were more affected by the state's legalization of same-sex marriage in 2013 than they will be by the recent decision. "The New Mexico decision in 2013?


    International firm ready to work with Albuquerque development vets on Innovate ABQ
    The next 90-days will be busier than normal at the offices of Signet Enterprises in Jacksonville, Florida. That's the time frame the firm has to develop the first plans for what Innovate ABQ will look like, how it will be paid for, and when it will be built. The board of directors for Innvoate ABQ announced Wednesday that Signet, along with with Albuquerque's Dekker/Perich/Sabatini and Goodman Realty Group, will perform due diligence for the next three months on an agreement to design the seven-acre?


    REDW Stanley's national distinction not expected, says company leader
    REDW Stanley Financial Advisors, the wealth management division of local CPA and business consulting firm, REDW LLC, has been named by CNBC as one of the top 100 wealth management firms in the country. The list rated fee-only wealth management firms across the U.S. on a number of factors including assets under management, average account size, professional designations and more. Additionally, CNBC's team applied a regulatory compliance review process to all firms that made the "master list," insofar?


    Main Bank's new headquarters will change look of busy Menaul corridor
    Main Bank's forthcoming new headquarters ? at 7300 Menaul Blvd. NE between Pennsylvania Street and Louisiana Blvd. ? has the potential to change the look and influence future design on the busy thoroughfare. Many of the retail strips along Menual are set back from the street with large parking lots in front. Main Bank is bucking that trend and is positioning its new building closer to the sidewalk. Larry Breen, president of Breen + Baczek Architects and designer of the bank's new headquarters?


    Three firms chosen as Innovate ABQ development partners
    Dekker/Perich/Sabatini, Goodman Realty Group and Signet Development have been chosen to take the next steps in developing the Innovate ABQ center by the project's board of directors. The three have entered into a 90-day due diligence agreement to explore the next steps. In March, the University of New Mexico and the board of directors of Innovate ABQ released an RFP. The project has been in development for three years and is a public-private collaboration between UNM and STC.UNM, the city of Albuquerque,?


    Juice It Up! opening new locations in New Mexico
    A leading raw juice bar and hand-crafted smoothie chain is expanding from one Albuquerque location to three, the company announced this week. Juice It Up!, based in Irvine, Calif., currently operates at 9311 Coors Blvd NW in Albuquerque. That franchise location is owned by Kelly and Shawn Wolf, who will also be opening the two new franchises under their company It Takes Two LLC. The first of the new stores is scheduled to open on Albuquerque's Eastside later this year. The company hasn't given?


    NM Economic Development Department awards $176K in grants
    The New Mexico Economic Development Department awarded $176,260 to 15 rural economic development projects in communities around the state Tuesday. New Mexico Economic Development Jon Barela announced the awards, which are part of the Local Economic Assistance & Development Support program that's designed to supplement the work of communities in their efforts to diversify their economy and create good-paying jobs that have a multiplier effect. "New Mexico's rural communities are resilient and showing?


    New Mexico wineries, breweries can now sell each other's product
    Your wine-drinking friend can now join you at a brewery, and vice versa, after a new state law went into effect Wednesday, according to a report at KRQE. Mark Matheson, owner of a Rio Rancho winery that makes dry reds with grapes grown in Deming, hadn't been able to sell his wine at Kaktus Brewing in Bernalillo, where he is vice president. And Kaktus Brewing couldn't sell their beer at the winery. ?I wouldn?t say it was frustrating, it was just kind of the constraints that we had to live in,??


    Gambling goes on at Buffalo Thunder despite expired compact
    You can keep gambling at Buffalo Thunder Resort & Casino and Cities of Gold Casino north of Santa Fe, for now, as the state of New Mexico and Pojoaque Pueblo engage in litigation about the pueblo's gambling compact that expired Tuesday, according to a report in the Albuquerque Journal. The administration of Gov. Susana Martinez has objected to provisions in Pojoaque?s proposed compact that included a halt to tribal revenue-sharing payments to the state, allowing alcohol in gambling areas and lowering?


    JetBlue joins the pack in charging bag fees
    In November, JetBlue announced it would soon start charging bag fees for checked luggage. That day has arrived. Along with a reworked web site, the New York City-based airline will now charge for bags in a tiered model, $20 for the first bag if checked at online or at a kiosk at the airport, and $25 for doing so at a ticket desk. It will cost $35 to check a second bag. JetBlue (NYSE: JBLU) has faced a particularly knotty problem when it comes to bag fees because it has built a loyal customer base?