Business

New Mexico Joins With 32 Other States & SEC To Announce $100 Million Settlement With BlockFi Lending, LLC

NMRLD News:

SANTA FE — The Securities Division, of the New Mexico Regulation and Licensing Department (NMRLD), hsa announced that a digital-asset financial services company, BlockFi Lending, LLC (BlockFi), agreed to settlement terms concerning its lending products and practices.

Thirty-two state securities regulators and the Securities and Exchange Commission (SEC) have agreed to the terms of a settlement with BlockFi to resolve its past unregistered activities.

“Compliance with the securities laws serves the dual purposes of protecting investors and facilitating responsible Read More

Spence Law Firm Settles Battery Explosion Case: Federal Court In Albuquerque Awards $2.5 Million To Injured Air Force Serviceman

SPENCE LAW FIRM News:

ALBUQUERQUE — The Spence Law Firm, one of New Mexico’s largest personal injury and wrongful death law firms, recently obtained a jury verdict involving an Air Force serviceman severely burned on his leg, groin and hands as a result of lithium-ion batteries exploding in his pants pocket.

The victim was awarded $2.5 million in damages by a Federal Court jury in Albuquerque.

The injured man had purchased the battery from a retailer in Otero County, N.M. for use in his E-cigarette. The evidence presented to the jury confirmed that the batteries were improperly designed and manufactured Read More

New Mexico Departments Of Workforce Solutions & Tourism Join Forces To Promote Hospitality Job Vacancies

NMDWS News:

SANTA FE — In an effort to support the hiring and recruitment efforts of leisure and hospitality employers, the New Mexico Tourism Department (NMTD) has teamed up with the New Mexico Department of Workforce Solutions (NMDWS) to promote tourism jobs available for hire throughout the state.

Over 800 available hospitality and tourism jobs are currently listed. Employers within the leisure and hospitality industry are encouraged to submit their available job postings directly to the Ready NM website to further promote their positions to jobs seekers.

“We have realized considerable Read More

N3B Community Commitment Funding Supports Local Organizations In Northern New Mexico

N3B’s Community Commitment charitable giving of $213,235 benefited five counties this past year. Courtesy/N3B

N3B News:

Newport News Nuclear BWXT Los Alamos (N3B) contributed $483,235 to Northern New Mexico community groups and workforce development in 2021.

The milestone marks the third year N3B’s Community Commitment program has donated more than $400,000, following $414,444 in 2019 and $543,000 in 2020.

The amount is based on a commitment made when N3B formed in 2018. At that time, the company decided to donate five percent of annual fees earned each year from its Department of Energy Read More

Council Adopts Notice Of Hearing And Procedural Order For Sirphey Appeal

Los Alamos County Council Vice Chair Denise Derkacs, top left, Councilors David Izraelevitz and Sean Williams, Attorney Tony Ortiz, who will serve as the facilitator, advisor and council attorney during the upcoming hearing,  Attorney Phil Dabney, who represents Sirphey LLC, Los Alamos County Associate Attorney Kevin Powers, Councilors David Reagor and Melanee Hand participate in the special session Friday afternoon. Screenshot/LADP

By KIRSTEN LASKEY
Los Alamos Daily Post
kirsten@ladailypost.com

Los Alamos County Council approved 4-1, with Councilor Sean Williams opposed, the Read More

White Rock Visitor Center Offers Free Display Space To Promote Local Businesses, Organizations And Events

The White Rock Visitor Center has two glass display cases that promote local businesses, services and events within Los Alamos County. Each space is approximately 12” H x 18” W. Courtesy/LACDC

LACDC News:

Los Alamos Commerce and Development Corporation (LACDC) and Discover Los Alamos (DLA) are offering free display space to local businesses, organizations and upcoming events of interest to visitors. 

The White Rock Visitor Center has two glass display cases that promote local businesses, services and events within Los Alamos County. Each space is approximately 12” H x 18” W. There is Read More

New Mexico’s Oil Conservation Division Issues Civil Penalties To Novo Oil & Gas Northern Delaware, LLC & Contango

EMNRD News:

SANTA FE — Today the Energy, Minerals and Natural Resources Department’s (EMNRD) Oil Conservation Division (OCD) announces that it issued two notices of violation (NOV) and associated administrative civil penalties.

The first is a civil penalty of $142,800 to Novo Oil & Gas Northern Delaware, LLC (Novo) for failure to file form C-115, the operator’s monthly production reports according to required deadlines.

The second is a civil penalty of $913,200 to Contango for failure to file form C-115 according to required deadlines and having too many inactive wells. The OCD considers

Read More

USDA Unveils Resource Guide To Help Rural Entrepreneurs Start & Grow Businesses, Create Good-Paying Jobs

USDA News:

WASHINGTON — United States Department of Agriculture (USDA) Under Secretary for Rural Development Xochitl Torres Small today unveiledresource guide to help people in rural America start and grow businesses, create good-paying jobs in their communities and strengthen America’s economy.

“America’s rural entrepreneurs are critical to the success of our nation’s economy,” Torres Small said. “They create jobs for the people in their communities, start businesses and industries that expand financial opportunities, and deliver products and services that improve the lives Read More

New Mexico Senate Committee Hears Lone Cannabis Bill

Sen. Joseph Cervantes

By ROBERT NOTT
The Santa Fe New Mexican

Lawmakers and activists pushing for the legalization of recreational cannabis during last year’s legislative sessions said they likely will have to come back to tighten up the law in the future.

So it should be no surprise that they’re back this year. 

But the lone cannabis bill making its way through this year’s 30-day legislative session — Senate Bill 100 — would involve more than just minor technical tweaks, the chair of the Senate Judiciary Committee said Sunday.

It also would allow those opening micro cannabis Read More

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