Albuquerque Regional Economic Alliance CEO staying true to New Mexico when it comes to development
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Business Wire
12 hours ago
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Carvana Expands Same-Day Delivery to the Greater Chicago Area
CHICAGO--(BUSINESS WIRE)--Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced the expansion of same-day vehicle delivery for customers in the greater Chicago area. Select Chicago-area residents can now receive their vehicle as soon as the same day they place an order on With this launch, Chicago-area customers interested in selling their vehicles to Carvana can also take advantage of same-day drop-off options after completing Carvana's online vehicle appraisal and sales process. 'Chicago has long been an important market for Carvana, and we're proud to strengthen our local customer offering with the additional speed and convenience of same-day delivery,' said Jacqueline Hearns, Carvana's senior director of market operations and expansion. 'We're continuing to invest and innovate to deliver a better car buying and selling experience for our customers here in Chicago and across the country.' Carvana's intuitive e-commerce platform allows customers to shop from tens of thousands of high-quality pre-owned vehicles, secure financing, trade in a vehicle, and complete their purchase entirely online. Enabled by Carvana's integrated logistics network and reconditioning operations, eligible customers in the Chicago area can now receive or sell their vehicle in less than 24 hours. Initially launched in Arizona, Carvana's same-day delivery service is currently available in select markets across more than 15 states. The company plans to continue scaling the offering regionally as it expands its national logistics and reconditioning infrastructure. About Carvana Carvana's mission is to change the way people buy and sell cars. Since launching in 2013, Carvana has revolutionized automotive retail and delighted millions of customers with an offering that is fun, fast, and fair. With Carvana, customers can find a car, get financing, trade in, and complete a purchase entirely online with the convenience of delivery or local pickup as soon as the same day. Carvana's unique offering is powered by its passionate team, differentiated national infrastructure, and purpose-built technology. For more information, please visit
Yahoo
14 hours ago
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EU economic growth slows to 0.2% in second quarter
Euro area GDP growth hit 0.1% quarter-on-quarter for the period between April and the end of June, according to new figures, while the EU's economy grew 0.2%. The print confirms earlier estimates. The figures represent a slowdown in growth for the bloc. The EU saw economic growth of 0.5% in Q1 and 0.6% growth for the euro area, according to official figures. Year-on-year, growth was 1.4% for the euro area in the second quarter and 1.5% in the EU. Read more: UK economic growth slows between April and June Spain's growth led the pack on an individual country basis, with its economy growing 0.7%. Meanwhile, unemployment ticked up by 0.1% in both the euro area and the EU in the second quarter, compared with the previous quarter. In the first quarter of the year, employment had increased by 0.2% in the euro area and had remained stable in the EU. Meanwhile, the US economy grew 0.7% in the second quarter, while economic growth in the UK slowed to 0.3%, per figures released on Thursday. The latest data comes as traders scale back bets of ECB rate cuts in the longer-term. A de-escalation in trade tensions with the US alongside a bump in fiscal spending in Germany has kept the need for further reductions at bay. Reuters reported on Thursday that several investment banks, including Goldman Sachs (GS), have revised their forecasts, now anticipating that the European Central Bank (ECB) has ended its current easing cycle. While trade risks could still weigh on growth and inflation, these banks believe the ECB, which offered an upbeat assessment of the euro zone economy after its latest meeting, is likely to hold rates at 2% for the foreseeable future, Reuters said. Read more: Sterling hits one-month high as UK growth better than expected Trending tickers: Cisco, AMD, Bullish, Webtoon Entertainment, Carlsberg and Aviva Bitcoin price hits record high of $124,000 amid crypto rallySign in to access your portfolio


CBS News
a day ago
- CBS News
AC Transit workers approve 4-year labor deal amid major overhaul of routes
AC Transit and the union representing operators, mechanics and other employees have announced the approval of a four-year labor deal, as the agency embarks on a major overhaul of its routes. According to the agency, members of Amalgamated Transit Union Local 192 ratified a collective bargaining agreement with 73% support. The deal was also unanimously approved by the AC Transit Board of Directors. "Together we've achieved something transformative, and I couldn't be prouder," Sal Llamas, AC Transit general manager and CEO, said in a statement. ATU Local 192 represents 1,869 of the agency's frontline workers, including operators, transit agents, clerks, dispatchers, janitors, mechanics, schedulers and service employees. The agency said the deal includes "fair-market pay", a compressed pay scale and improved safety and wellness measures. "We're incredibly proud that this CBA includes crucial provisions, like de-escalation and customer service training. This milestone sets the stage for future-forward progress," said LaTrina Meredith, Local 192 president. The deal comes as the agency, which provides bus service to the western portion of Alameda and Contra Costa counties, overhauls 85% of its routes, citing post-pandemic travel shifts and a budget deficit. Dubbed the "Realign" service plan, the overhaul includes cutting some low-ridership lines and increasing service on high-demand routes. "We certainly knew that we were dealing with fewer riders, and that also meant we were dealing with less resources. We simply can't afford to operate the same number of buses that we did prior to 2020," spokesperson Robert Lyles told CBS News Bay Area on Sunday, as the changes took effect. "So what we're doing is after two years [of study], we found out how to best utilize the money that we have." The collective bargaining agreement remains in effect through June 30, 2029.