Opening stores used to mean everything to pharmacy chains. CVS Health once boasted of opening or buying more than 2,900 locations in a five-year period. Now it’s shuttering hundreds, while Walgreens, Rite Aid and independent drugstores also pull back. An industry that saw waves of store growth before the COVID-19 pandemic faces headwinds like falling prescription reimbursement, persistent […]
Jobs, Workers & Economy
Ambulance services for some in New Mexico will rise after state regulators approve rate increase
SANTA FE, N.M. (AP) — Ambulance rates will rise for some in New Mexico, particularly those without health insurance after state regulators approved a rate hike for a Presbyterian-affiliated nonprofit ambulance company. The Santa Fe New Mexican reported that Albuquerque Ambulance Service cited rising labor costs and inflation when it applied for the rate increase that resulted […]
PRC approves PNM battery, solar projects
This story is republished from NM Political Report, a nonprofit news outlet, as a part of our commitment to bringing you the best in independent news coverage that matters to Albuquerque. By Hannah Grover / NM Political Report State regulators moved forward with approving the Public Service Company of New Mexico’s application for new solar and […]
New Mexico judge grants Mark Zuckerberg’s request to be dropped from child safety lawsuit
By SUSAN MONTOYA BRYAN / Associated Press A New Mexico judge on Thursday granted Mark Zuckerberg’s request to be dropped from a lawsuit that alleges his company has failed to protect young users on its social media platforms from sexual exploitation. The case is one of many filed by states, school districts and parents against […]
NM to Offer $5 Million in Teacher Loan Forgiveness
The New Mexico Higher Education Department announced applications are open for a program that will forgive some student loans for New Mexico teachers. The state’s Teacher Loan Repayment Program is accepting applications until Aug. 1. New Mexico licensed teachers working in high-need fields and schools statewide may be eligible for up to $6,000 per year […]
Rio Rancho Billion Dollar Solar Project Nears Completion
Rio Rancho is about to become a major renewable energy source for New Mexico as work on a billion-dollar, two-phase solar project nears completion. Clēnera, a privately held renewable energy company based in Boise, Idaho, is the developer of the Atrisco Solar and Quail Ranch Solar projects located just north of Double Eagle II Airport. […]
Workforce Housing at Cuba Health Center Breaks Ground
New housing units being built in the Village of Cuba are part of a plan to improve health care provider retention in the rural community. On May 29, Presbyterian Medical Services (PMS) officials, along with Rep. Teresa Leger Fernández (D-New Mexico), celebrated the groundbreaking for new workforce housing units at the Cuba Health Center. The […]
Lab-grown meat isn’t on store shelves yet, but some states have already banned it
By DEE-ANN DURBIN Lab-grown meat is not currently available in any U.S. grocery stores or restaurants. If some lawmakers have their way, it never will be. Earlier this month, both Florida and Alabama banned the sale of cultivated meat and seafood, which is grown from animal cells. In Iowa, the governor signed a bill prohibiting schools from […]
Boeing tells federal regulators how it plans to fix aircraft safety and quality problems
By DAVID KOENIG Boeing told federal regulators Thursday how it plans to fix the safety and quality problems that have plagued its aircraft-manufacturing work in recent years. The Federal Aviation Administration required the company to produce a turnaround plan after one of its jetliners suffered a blowout of a fuselage panel during an Alaska Airlines flight in January. […]
Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause
By CHRISTOPHER RUGABER / AP Economics Writer Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed officials underscoring their intention to keep borrowing costs high as long as needed to curb persistently elevated inflation. A key reason for the delay in rate […]