Albuquerque Business News - Local Albuquerque News | Albuquerque Business First
Lavu cooks up software donation to CNM culinary program
Albuquerque software firm Lavu Inc. has donated its restaurant software to the Central New Mexico Community College?s culinary program. The software is used in restaurants and bars for ordering, payments, reports, and more and was created in Albuquerque. ?The students will leave here not only with the skills and talents associated with great chefs but also with the knowledge of how to run a restaurant using the most up-to-date technologies,? said Donna Diller, dean of CNM?s School of Business?
BullChicks restaurant to make Albuquerque debut
A first-to-market restaurant franchise concept is coming to Albuquerque?s Northeast Heights. BullChicks, founded in Corpus Christi, Texas, will open in the space that was formerly Just Muffin Around at the southeast corner of Wyoming and Montgomery boulevards. Just Muffin Around closed last May after opening in 2008. BullChick?s franchisee, Jay Bhakta, will now occupy the 1,600-square-foot space at the Montgomery Crossing shopping center, which sits at one of the city?s busiest intersections. BullChick?s?
Seven takeaways from NewsCastic?s $350,000 funding
News and entertainment site NewsCastic has been making social media waves with ?listicles? ? stories such as ?10 things you see at every Isotopes game? or ?7 things you can do in Albuquerque Old Town for free.? They?re clickable, fun and easy-reading posts that are shared, and shared and shared across Facebook and Twitter ? so far 3.5 million times. The company has something else to share now: NewsCastic has garnered $350,000 in series A funding from two investors, its first major?
15 organizations making a difference: our 2014 Nonprofit of the Year honorees
Today, Albuquerque Business First announces the 2014 Nonprofit of the Year honorees. These organizations, 15 in total, are making a profound impact on Albuquerque. Check out the accompanying slideshow to see the organizations being recognized, listed in alphabetical order by category. It wasn?t easy to narrow down the nominations and applications to just 15 organizations, but a team of four judges from the community chose them by evaluating their missions, innovations, impact and sustainability?
Blue Cross and Blue Shield of NM hiring 100 customer service reps
Blue Cross and Blue Shield of New Mexico is hiring 100 new customer service advocates to help serve its growing individual and retail customer business. Hiring for the Retail Operations unit will take place through August, and the new reps will be based in the health plan?s headquarters at 5701 Balloon Fiesta Parkway in Albuquerque, said BCBSNM spokeswoman Becky Kenny. BCBSNM has grown in the past year, adding new Medicaid members and buying Lovelace Health Plan, which had more than 100,000 members.?
Virgin vows to fly for first time later this year
For the first time, Virgin Galactic said it will take to the skies this year. Since Virgin Galactic started developing its SpaceShipTwo, the company has consistently said it will fly when it?s ready, and that it was not on any timeline. But, in a tweet on Tuesday, the company announced, ?on the road to spaceflight later this year.? On Tuesday, the SpaceShipTwo took off from the Mojave Desert on its 51st test flight. The launch vehicle, WhiteKnightTwo, which drops the spaceship before its?
Dickey?s Barbecue Pit returning to Albuquerque
One of the largest barbecue franchises in the U.S. is making a return to the Duke City. Dickey?s Barbecue Pit, a Dallas-born restaurant, is set to open at ?restaurant row? in the North I-25 corridor. Matt Reeves, qualifying broker with Western States Retail & Investment, said Dickey?s will open in what is now the Burger Rush space at 4320 The 25 Way NE. Some build-out will take place, and franchisee Deepak Shah said the restaurant is expected to open in the next two to three months. Dickey?s?
Nearly half of Albuquerque health care workers do not have a bachelor?s degree, study says
Nearly half the health care jobs in the Albuquerque metropolitan area are held by pre-baccalaureate workers, or those without a bachelor?s degree, and those workers are the fastest-growing segment of the health care industry, according to a study by the Brookings Institution. Those workers are concentrated in 10 jobs, including nurses, home health aids, medical and dental assistants and emergency medical technicians and paramedics, and many have seen large increases in earnings since 2000, Brookings?
Millennials, boomers drive down NM homeownership rates
The homeownership rate in New Mexico fell to 63.9 percent in the second quarter, a 2.7 percentage point drop from the first quarter, and down from the post-recession high of 72.8 percent in the first quarter of 2011, the U.S. Census Bureau said Tuesday. In the Albuquerque metropolitan area, the homeownership rate fell to 62.1 percent in the second quarter, a 1.4 percentage drop from the first quarter and down from 72.2 percent in the first quarter of 2011. The homeownership rate is defined as the?
Survey: Albuquerque not unfriendly to business, but not that welcoming
A new survey from Thumbtack, a consumer-services firm based in San Francisco, put Albuquerque square in the middle in terms of small business friendliness. The survey results, based on factors such as ?ease of hiring? and ?training and networking programs,? gave the city a ?C? grade overall. The results are based on a 33-question survey taken by 12,632 small business owners and operators. The survey asked questions like, ?In general, how would you rate your local (county, city or town)?