Year in review: Abengoa comes, goes again

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Abengoa comes, goes again Abengoa Bioenergy USA restarted its Portales bioethanol plant on Jan. 12 after two years of inactivity. Then in December, it announced plans to close again. “There’s some really depressed market conditions right now, so we just made the decision to temporarily stop production and begin an extensive maintenance plan, so we’ll […]

Their view: Raising minimum wage would be best stimulus

Green presidential candidate Jill Stein took note of the intense efforts of retailers to stimulate demand with Black Friday spending sprees:

Their view: Minimum wage laws harmful to all

Walter Williams, a professor of economics at George Mason University and libertarian columnist, is convinced that minimum wage laws hurt us all. Here’s a sampling from a recent column:

House bill guarantees wages

By Sandra Baltazar Martinez: The New Mexican House Labor and Human Resources Committee members approved a bill aimed at protecting New Mexico employees from wage theft. House Bill 489 sponsored by State Rep. Miguel Garcia, D-Albuquerque, was approved with a 4-2 vote Tuesday. Among other provisions, the bill aims to guarantee that workers get their […]

Frugality easier than you think

By Karl Terry: Freedom New Mexico columnist Tough economic times require tough action. A check of the daily headlines or your 401K statement will tell the time for that action is now. Sales are down in lots of businesses, wage freezes or layoffs are occurring and the job market is tight. One of the best […]

Businesses anticipate wage raise

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By Mickey Winfield: PNT Staff Writer A $1 rise in the New Mexico minimum wage taking effect in about a week has local business owners scrambling to find ways to make up the difference. On January 1, the state mandated minimum wage increases from $6.50 per hour to $7.50 per hour. Tom Martin, the owner […]

Minimum wage an unfair intrusion of government

Editorial Last month, many people with apparently little or no knowledge of economics heralded the arrival of a higher federal minimum wage. Although it’s true the mandated wage had held steady at $6.55 an hour since 1997, individual workers have been moving up the wage scale and improving their value to the market since then. […]

Legislators aim to tackle wage exceptions

Staff and Wire Reports Lawmakers are moving quickly to help cities and counties avoid millions of dollars in overtime pay for police, firefighters and some other workers. The Senate approved a bill on Wednesday to fix a problem that occurred last year when the state enacted a higher minimum wage. The bill now goes to […]

Minimum wage boost hits Tuesday

By Sarah Meyer: Freedom New Mexico New Mexico employees working at minimum wage jobs will get a 65-cent pay raise Tuesday, but local business owners say the increase is likely to cause more problems than it solves. The state minimum wage jumps to $6.50 an hour beginning Tuesday from the current federal minimum wage of […]

Minimum wage law could affect overtime

By Sharna Johnson: Freedom New Mexico An element of the new state minimum wage law could cost local governments tens of thousands of dollars in overtime pay and is drawing opposition from city officials across the state. The new law, effective Jan. 1, cements a work period as 40 hours in seven days with no […]