Business

Business news

The U.S. Labor Department reports that the latest national unemployment rate is 5-point-5 percent. That’s good news for the economy overall and the sluggish recovery. But if you are still one of those without a job then the unemployment rate is 100%. But for minority communities the recovery has yet to arrive.  A coalition of community and labor groups in Texas is calling for the Federal Reserve to focus on full employment and higher wages for blacks, Latinos, native peoples and others in poor neighborhoods who have been left out of the recovery.

Refinery Strike Continues Into Fourth Week

Feb 25, 2015

A nationwide oil refinery strike continued this week and expanded to 15 plants. The United Steelworkers union organized the walkout, after the union’s contract with oil companies expired.

One of the latest refineries to be impacted is the Motiva Enterprises refinery in Port Arthur, Texas, the largest of its kind in the country. CNN’s Maggie Lake joins Here & Now’s Robin Young with details.

Eileen Pace

    

Eagle Ford Shale communities are zeroing in on new areas of business they can fall back on once fracking is no longer bringing income into South Texas.

UTSA has been working with the communities on finding new opportunities to keep their economies strong, and for some, the question is not “If” – but “When.” 

DeWitt County Judge Daryl Fowler says his county has used its tax structure to prepare for a future without fracking.

RadioShack, the electronics chain that has hung on for years despite a steep decline in its business, filed for Chapter 11 bankruptcy on Thursday.

According to the AP, the company plans to sell up to 2,400 of its stores nationwide.

Manuel Sebastian Vogt

“Save The World” may be a lofty title for a brewery, but as Master Brewer and co-owner Dr. David Rathkamp says, he hopes to save the world, one beer at a time. Far-fetched? The brewery donates ten percent of its monthly gross sales to various charities. Then at year’s end, the brewery gives all the profits away.

 Save The World Brewing Company is the brain-child of a married couple, both of them physicians who abandoned medicine in pursuit of a path they anticipate will fulfill their dreams.

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