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These stories from AP and other major media sources have not been reported, edited or fact-checked by RCP editors.

Showing items 1 - 25
 

10/08/2014Las Vegas Home Sales Dip, But Prices Inch Upward

Oct. 08--Despite a slowdown in sales, Las Vegas used-home prices inched past the $200,000 mark last month. The median price of single-family homes sold in September through the Greater Las Vegas Association of Realtors' listing service was $202,500, up 1.3 percent from August and 12.5 percent from a year ago, according to a new report by the group. A total of 2,380 single-family homes sold ...
10/07/2014Panasonic To Invest Heavily in Tesla's Nevada Gigafactory

Oct. 07--Panasonic will invest "tens of billions of yen" -- hundreds of millions of dollars -- in Tesla's Nevada gigafactory, according to a statement made by Panasonic's CEO at a trade show in Japan. The gigafactory will produce lithium-ion batteries for Tesla's electric cars and stationary storage devices. "Our initial investment amount in the factory will be tens of billions of yen," said ...
10/07/2014GT Technologies, Apple's Partner in Mesa Screen Facility, Files For Bankruptcy

Oct. 07--MERRIMACK -- One of the region's highest-profile tech firms, GT Advanced Technologies, has filed for Chapter 11 bankruptcy, causing its stock to fall 90 percent, although it says it will "continue to conduct business as usual" while it reorganizes. GTAT, as it is usually known, has about 150 employees at its Daniel Webster research and manufacturing facility, where it was founded in ...
10/07/2014Ruidoso, N.M., Pursues Water System Improvements

Oct. 07--The key piece of equipment that will tie two sources of water supply together for the village of Ruidoso will arrive as a complete unit, pumps and all, contained in a vault to be buried in the south corner easement at Chelsea and Third Street. Once in place and connected, the village will be able to switch between water coming from the Eagle Creek/Alto watershed and water from the Rio ...
10/07/2014Lack Of Inventory Drags Down Lake Tahoe Real Estate Market

Oct. 07--A lack of inventory has dragged down the Lake Tahoe real estate market through the first nine months of 2014, according to the Lake Tahoe, Nevada-based Chase International. Through Sept. 30 this year, the sales volume of single-family homes around the lake was down 15 percent at $727.4 million, compared with $853.7 million in the year-ago period. Likewise, the number of units sold ...
10/07/2014Loving, N.M., To Be Site Of New Gas Plant

Oct. 07--CARLSBAD -- A Houston-based company will build a new cryogenic natural gas processing plant and pipelines south of Loving, a project Carlsbad Department of Development Executive Director John Waters called "a monster transition line." Enterprise Products Partners LP announced Monday it will begin construction on 80 miles of new natural gas gathering lines and a 75-mile, 12-inch ...
10/06/2014DHS Awards $60 Million In Tribal Housing Grants

ANCHORAGE, Alaska (AP) — The federal government has awarded nearly $60 million in grants to more than 90 tribal communities across the nation, including 15 in Alaska, U.S. Department of Housing and Urban Development Secretary Julian Castro announced Monday in Anchorage. "These grants are intended to improve housing conditions and stimulate community development, including construction projects ...
10/04/2014UA Pledges $60 Million For Construction Of Giant Telescope In Chile

Oct. 04--The University of Arizona has committed $60 million toward construction of the Giant Magellan Telescope in Chile and aspires to double that investment over the coming years. The UA received approval from the Arizona Board of Regents for a $20 million donation this year, courtesy of an unidentified donor. It continues the UA's involvement in the international consortium that is ...
10/04/2014Developer Proposes New Power Transmission "Superhighways" For Midwest, Southwest

Oct. 04--The wind is so strong in Iowa and Kansas that more wind farms there could power the country's largest cities if only there was a way to move that electricity to where most people live. Enter Michael Skelly, a Houston businessman who envisions building five superhighways -- transmission lines -- to carry vast amounts of wind-generated power across more than 3,000 miles, multiple ...
10/03/2014Reno Industrial Market Growing Thanks To Tesla

RENO, Nev. (AP) — Word that Tesla Motors was interested in locating its giant battery factory near Reno apparently jumpstarted a business migration to the region long before the electric car maker made the decision official. The Reno-Sparks industrial market set a record for square footage leased or sold over the past three months — nearly 2.7 million square feet in the third quarter, compared ...
10/03/2014Tucson, Phoenix Cut Deal With An Eye Towards Water Shortages

Oct. 03--With dire drought predictions looming, Phoenix and Tucson are attempting to create a first-of-its-kind pilot project to see if the two cities can work together to meet the future water needs of both. Part of the plan is for Phoenix to ship its excess Central Arizona Project water for storage in Tucson's aquifers, creating a potential reserve when lean times hit. "It allows Phoenix to ...
10/02/2014Expert: Santa Teresa Road Woes Impact Economic Development

Oct. 02--SANTA TERESA -- Pothole-riddled roads are causing problems for companies in a Santa Teresa industrial park, panelists told a group of lawmakers here Thursday. It's one of several ways infrastructure is lagging in the midst of an economic development boom in Doña Ana County's international border area, panelists said. At issue are two key roads -- Industrial Drive and Airport Road -- ...
10/01/2014States Reconsider Wind-Power Plants

CALUMET, Okla. (AP) — A decade ago, states offered wind-energy developers an open-armed embrace, envisioning a bright future for an industry that would offer cheap electricity, new jobs and steady income for large landowners, especially in rural areas with few other economic prospects. To ensure the opportunity didn't slip away, lawmakers promised little or no regulation and generous tax ...
09/25/2014Carlsbad Agrees On $190K From Feds For Sept. 2013 Floods

Sept. 25--CARLSBAD -- The Carlsbad city council approved a request for reimbursement of expenses from the 2013 floods Tuesday night. The sub-grant agreement with the New Mexico Homeland Security and Emergency Management would reimburse the city for expenses it undertook with the recovery and clean up of debris after the September 2013 floods. The agreement authorizes total of $189,948.33 in ...
09/24/2014Report: Rising Prices Are A Drag On New-Home Sales

Sept. 24--Las Vegas homebuilders are stuck in the doldrums as buyers continue to shy away from hefty price tags, a new report shows. Local builders sold 530 new homes in August, bringing this year's total to 3,733, down 26 percent from the same period in 2013, according to Las Vegas-based Home Builders Research. Builders also pulled 544 new-home permits, a "disappointing" total, research firm ...
09/24/2014Proposed Connector Route In Santa Fe Draws Criticism

Sept. 24--Every morning, thousands of drivers converge onto a narrow, two-lane strip of Richards Avenue to commute to Santa Fe Community College or a half-dozen other schools around the growing community of Rancho Viejo. Roundabouts built along the avenue over the years were supposed to ease congestion. Instead, they have become part of the problem, slowing cars to a crawl and backing traffic ...
09/23/2014Northern Arizona Planning And Zoning Activity Picks Up

Sept. 23--For the city, it will be a new student apartment complex asking to annex into the city limits. For the county, a Dollar Store outlet is proposing to move into Kachina Village. City and county planning and zoning commissions are having meetings Wednesday. City P&Z Aspen Heights is a 227-unit student apartment complex proposed by Landmarc Capital & Investment Co. The company wants to ...
09/20/2014Roswell Airport Gets $6.6 Million For Repairs

Sept. 20--ROSWELL -- One of Southeast New Mexico's airline hubs is getting additional funding for maintenance and upgrades. The US Department of Transportation awarded $6.6 million in grant money to Roswell International Air center earlier this week. The money is being slotted for use to repair and maintain a runway at the airport. The airport is located five miles south of the city at what ...
09/19/2014Chandler, Ariz., 'Eyesore' To Be Demolished For Mixed-Use Development

Sept. 19--After standing unfinished for roughly a decade, Elevation Chandler is finally going to be torn down. The Chandler City Council approved a development agreement last Monday that allows Houston-based real estate firm Hines to demolish the old Elevation Chandler skeleton in January 2015. "It's pretty exciting to finally have it down and move forward," said Vice Mayor Rick Heumann. "It's ...
09/19/2014Energy Dept. Faces Major Hurdles to Reopen New Mexico Nuclear Dump

Sept. 19--The Energy Department has identified 7,000 steps needed to reopen its badly damaged nuclear waste dump in New Mexico, but cannot say how long it will take or how much it will cost. The agency was expected to release a written recovery plan Thursday, but instead provided a few details about the plan, which awaits formal approval by the department. Outside experts say that the dump ...
09/19/2014Led By Construction, Nevada Jobless Rate Ticks Down To Six-Year Low

LAS VEGAS (AP) — Nevada's unemployment rate ticked down last month to its lowest level in six years, helped by rebounds in the construction and business services industries, state officials said. The Department of Employment, Training and Rehabilitation reported Friday that Nevada's jobless rate hit 7.6 percent in August, down 2.2 percentage points from last August and one-tenth of a ...
09/12/2014Nevada OKs Laws that Open Way for New Tesla Battery Factory

Sept. 12--The Nevada legislature has passed a series of bills designed to lure Palo Alto-based Tesla Motors' $5-billion battery factory to the northwest part of the state. Late Thursday night, after a two-day special session in the state capitol of Carson City, Gov. Brian Sandoval signed them into law. Sandoval, in a high-profile event held last week with Tesla Chairman and founder Elon Musk, ...
09/11/2014Nevada Road Crews Aim to Repair Flood-Damaged Interstate 15

LAS VEGAS (AP) — Road crews hoped to have one lane repaired in each direction Friday on a closed stretch of busy Interstate 15 in southern Nevada that crumbled during intense flash flooding, a state transportation official said. It wasn't immediately clear if the temporary road being built on the vital interstate between Las Vegas and Salt Lake City would be able to immediately bear the weight ...
09/10/2014Nevada Begins Special Session Over Tesla Deal

CARSON CITY, Nev. (AP) — Nevada lawmakers negotiated a complex package of up to $1.3 billion in tax breaks and other incentives for Tesla Motors on Wednesday after Gov. Brian Sandoval ordered a special session he says is necessary to seal the deal to bring the electric car-maker's $5 billion battery factory to the state. Sandoval urged legislators to seize an "extraordinary opportunity" to ...
09/09/2014Nev. Lawmakers Poised to Review $1.3B Tesla Package

RENO, Nev. (AP) — Gov. Brian Sandoval was poised to call state lawmakers into a special session Wednesday to consider an extraordinary package of tax breaks and incentives worth up to $1.3 billion to seal a deal with Tesla Motors Inc. to build a $5 billion factory in Nevada to make batteries for electric cars. Sandoval told legislative leaders and others last week that the plant and its 6,500 ...

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