Developers of a $1.5 billion effort to link the United States' three major electricity grids have decided to locate their headquarters and an associated electricity trading floor in New Mexico.
The Tres Amigas Superstation hub will be built across 22 square miles in eastern New Mexico. Company officials had been considering locations in Texas and New Mexico for the project's headquarters and trading operations.
State officials from a variety of agencies gathered this morning to talk about New Mexico’s drought and its effect on recreation this summer. State Engineer Scott Verhines took a moment after the conference to talk about the bigger picture with KUNM’s Sidsel Overgaard .
A jury has found William Balfour guilty of killing three members of Grammy-award winning singer Jennifer Hudson's family.
Balfour, Hudson's ex-brother in law, was found guilty on all three counts of first-degree murder for the 2008 shooting deaths of Hudson's mother, brother and 7-year-old nephew. The Chicago Sun-Times adds that he was also convicted of "home invasion, aggravated kidnapping, residential burglary and possession of a stolen motor vehicle."
JPMorgan Chase is licking its wounds after announcing that it lost at least $2 billion in a hedging strategy that went terribly wrong. The announcement late Thursday sent the bank's shares tumbling more than 9 percent on Friday.
Meanwhile, regulators on both sides of the Atlantic have begun looking into what happened. And there were calls Friday for tighter restrictions on the kind of trades the bank engaged in.
On Saturday, presumptive Republican presidential nominee Mitt Romney will deliver the commencement address at Liberty University, the nation's largest evangelical university. The speech will be attended by nearly 35,000 people, and it will give him a chance to win over a huge constituency that, up until recently, has been lukewarm about his campaign.
Carroll Shelby was a race car driver; he was a racing team owner, a chili entrepreneur. He survived a liver transplant and a heart transplant. But perhaps the thing that most people will remember him for is his automotive creations, especially the Shelby Cobra.
A story about Mitt Romney's behavior in high school has his campaign in the defensive. The Washington Post has published a long story that details incidents of bullying by Romney when he was a senior at the Tony Cranbrook boys prep school in Michigan. Five former classmates spoke about an incident when Romney led a posse that targeted a student with long bleached-blond hair, tackled him, pinned him to the ground and hacked off his hair as he cried and screamed for help.