AGP Executive Report
Last update: 7 hours agoRetail Expansion: Costco filed plans to move its gas station at its northeast Albuquerque warehouse, add a car wash and convert the current station site to parking; city approval is pending. Banking: GECU completed its acquisition of Bank of the Southwest, expanding its New Mexico presence; the combined institution has $4.9 billion in assets, with services expected to fully combine by June 2027. Space Economy: Virgin Galactic plans to raise its ticket price to $850,000 as it seeks new revenue, including defense work. The company reported $427,000 in quarterly revenue and a $59 million net loss. Health Care Jobs: Presbyterian laid off 135 employees in a second round of cuts. Data Centers: Doña Ana County says Project Jupiter missed job-reporting deadlines, adding to scrutiny of the major southern New Mexico development. Water and Business: Wildfire contamination has continued to disrupt Las Vegas, N.M.’s water supply years after the Hermit’s Peak/Calf Canyon fire, forcing local businesses, including a longtime restaurant, to close at times.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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