Business digest — Feb. 14

Loan committee holding meeting The Main Street Revolving Loan Committee, part of the state’s historic preservation division, will hold a special meeting 2 p.m. Thursday in the conference room of its office, located in Suite 236 of the Bataan Memorial Building in Santa Fe. The committee wil discuss loan applications from The Smithson Block in […]

Tax board to discuss loan for manufacturing facility

CNJ staff The construction of a manufacturing facility in Clovis could bring more than 300 jobs to the area if project funding is approved, according to the city of Clovis officials. In a meeting scheduled for 7 a.m. today, Clovis Industrial Development Corp. Executive Director Chase Gentry will ask the city’s Economic Development Tax Advisory […]

White House should release loan documents

The House Energy and Commerce Committee has subpoenaed White House communications concerning the half-billion-dollar federal loan guarantee for failed California solar company Solyndra, which also is under criminal investigation and has ties to a major campaign donor to President Barack Obama. We have yet to hear a good reason for the White House’s reluctance to […]

Letter to the editor: Referendums give citizens voice

In an Oct. 25 CNJ article on the city charter commission, the CNJ quoted Commissioner Fred Van Soelen as saying that negative referendums cost the taxpayers too much money so it should be harder to have one. However, that is just plain wrong. If you will remember, the referendum this past summer, initiated by the […]

Opinion: Stop throwing away money on green jobs

Freedom New Mexico A California state agency will suspend giving sales-tax exemptions to renewable energy manufacturers in the wake of the scandalous bankruptcy of Solyndra, the Fremont-based maker of solar panels that received a $535 million federal loan guarantee before closing its doors in September. Meanwhile, the federal government last week approved another $1 billion […]

Everybody’s business: Banker talks business loans

A great management tool for business owners is to have current and relevant information in order to make good business decisions. The decisions to expand, hire additional employees, or to introduce a new product or service requires planning and usually capital infusion. This holds true for starting a new business as well. An interview about […]

Federal program aimed at helping homeowners with mortgage payments

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Alisa Boswell: Freedom New Mexico Eastern Plains Housing Development Corporation Executive Director Monica Gutierrez and associates, from left, Chandra Hall, April Uribe and Anna Avila, go over dates for housing plans Friday. Gutierrez said the corporation is in full support of a new federal homeowners loan program, which helps pay mortgages for struggling homeowners. Alisa […]

Commissaries to be consolidated

In these tight budget times, the Senate Veterans Affairs Committee has learned it must cut current spending to fund new initiatives for veterans. For example, Sen. Patty Murray, D-Wash., committee chairman, would pay for her Hiring Heroes Act of 2011 by extending by three years, to 2014, a higher fee on veterans who reuse their […]

Our viewpoint: Student loan default rates at record highs

High school graduates have long been told, “A college education is always a good investment.” Student loan debt? No problem. It’s more than offset by the increased earning potential and better job prospects from a college degree. But, with the cost of tuition rising as fast as the youth unemployment rate, many recent graduates are […]

Veterans may receive refunds from Wells Fargo loans

Nearly 60,000 service members and veterans who refinanced their Veterans Affairs Department mortgage loans through Wells Fargo, Wachovia and SouthTrust will receive refunds as the result of a $10 million settlement in a class-action lawsuit, a Wells Fargo official said. Wells Fargo spokeswoman Vickee Adams said there was no way of knowing how many veterans […]