Business

Business
12:42 pm
Thu December 11, 2014

San Antonio's AT&T Center Set For Major Makeover; County, Spurs To Share The Cost

The AT&T Center in San Antonio will undergo renovations in 2015 that will add new technology, upgraded seating and expanded concourses to the sports, concert, and show arena
Credit Eileen Pace

Coming next summer to San Antonio: a new-look, new-feel arena that promises to give all those who enter a viewing experience they won’t forget. Welcome to the newly renovated AT&T Center, or, at least, welcome to the promise of it.

Bexar County Commissioners Tuesday authorized Spurs Sport & Entertainment to move forward on plans to design and build an enhanced arena, with county oversight.

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Business
5:09 pm
Tue December 2, 2014

NBU To Receive $20.5 Million from LCRA in Breach of Contract Lawsuit

New Braunfels Utilities has agreed to a $20.5 million payment from LCRA to settle a lawsuit it won earlier this year against the energy provider.

The settlement comes several months after a jury found the Lower Colorado River Authority had breached its contract with NBU.

The jury in July found that LCRA, the wholesale power provider for NBU and others, had been giving more favorable rates to its customers who had agreed to long-term extensions of their contracts through 2041.

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Business
3:44 pm
Wed November 19, 2014

Geekdom Hosts Free Legal Clinic Today Only for Entrepreneurs

Geekdom offers business owners access to attorneys for pro bono legal advice.
Credit Geekdom

  Entrepreneurs in San Antonio have a chance at a free session for legal advice – if they act quickly.

The opportunity is this evening only, when Geekdom will host a pro-bono legal clinic for business owners to consult with an attorney about trademarks, patients, and the business of starting a business.

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Business
12:36 pm
Wed October 15, 2014

Robert Earl Keen, Pedernales Brewing Launch Musician's Signature Beer

The pallet of empty cans starts the process of canning the Robert Earl Keen Honey Pils.
Ryan Loyd TPR News

For Robert Earl Keen, the musician who is synonymous with Texas, the show goes on forever and the party never ends. Now the king of Texas country music will have his own beer for the party that never ends when his line of beer, dubbed the REK Honey Pils, rolls out Wednesday.

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Business
4:19 pm
Fri October 10, 2014

Boeing Pays $23 Million To Settle Claims It Overbilled Government

Credit Christopher Ebdon http://bit.ly/1w1LFDq / cc

Court documents unsealed Friday show Boeing Corporation paid $23 million to settle a lawsuit with the department of justice over allegations that for years it overbilled the government on aircraft maintenance at Kelly Airfield location here in San Antonio.

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Business
3:26 pm
Mon October 6, 2014

U.S. Trade Representative Says New Trade Agreements Will Strengthen Texas Exports

U.S. Trade Ambassador Michael Froman speaks tells reporters that Texas is poised to increase its record exports further through the president's new trade agreements with Asia and Europe
Credit Eileen Pace

  The nation’s top U.S. trade official came to San Antonio Monday to press for the president’s trade agenda.

U.S. Trade Representative Michael Froman said the Trans-Pacific Partnership (Asia) and the Transatlantic Trade and Investment Partnership (European Union) could increase the already record-breaking numbers in products coming from Texas.

The trade ambassador highlighted Texas exports that he said have the ability to unlock opportunities across America.

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Eagle Ford Shale
5:40 pm
Tue September 23, 2014

Eagle Ford Economic Impact Study Focuses On Community Sustainability

City Managers Bruce Pearson (Pleasanton), Larry Dovalina (Cotulla), Allen Barnes (Gonzalez), and Don Tymrak (Karnes City) discuss their communities' Eagleford Shale challenges and opportunities. The panel spoke to at the presentation of the 2014 Economic Impact Study of the Eagle Ford Shale at UTSA's Downtown Campus
Credit Eileen Pace

 

The economic impact of the Eagle Ford Shale in South Texas continues to climb each year, and the forecast calls for the trend to continue.

The latest study focuses on sustainability for communities through the oil boom and beyond.

Marked increases in employment rates were seen across South Texas in the last year for counties caught up in the oil boom.  

UTSA’s Dr. Tom Tunstall, who leads the Eagle Ford Shale studies, said each year’s report has shown substantial increases, and projections are strong well into the future.

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Business
10:47 am
Wed September 10, 2014

Gov. Perry, Rep. Villalba Meet With Chinese Investors On Development Trip

A state legislator that has joined Texas Gov. Rick Perry during his Asian Economic Development Trip said investors from China and Japan are poised to provide the private funds needed to grow the state’s economy and fulfill some of its infrastructure needs.

State Rep. Jason Villalba, R-Dallas, said Perry asked him to join him in Beijing to meet with hundreds of Chinese investors that are interested in growing the Texas economy by either providing capital for existing projects or bringing business to the state.

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Eagle Ford Shale
10:27 am
Tue September 9, 2014

Nordheim Fights Becoming The Fracking Waste Capital Of The Eagle Ford

Lyn Janssen holds a yard sign which protests the proposed fracking waste disposal pits near Nordheim.
Credit David Martin Davies / TPR News

At a recent Monday night in Nordheim, a town of 300 about 75 miles southeast of San Antonio, neighbors are gathering at the old dance hall; the Nordheim Shooting Club.

But this isn’t for a night of boot scootin’, they are here to organize against what they see as an environmental threat to their town and their way of life.

Two massive fracking waste disposal pits, one 200 acre site and the other 575 acres, are being proposed for right outside of town.

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Texas Film Industry
10:37 am
Thu August 28, 2014

Texas House Lawmakers Look At Film Incentive Program

Credit Texas Film Commission

Yesterday a House select committee discussed the benefits to providing film companies incentives to operate in within the state.

The committee was designed to go through each of the state’s economic incentive programs with a fine-tooth comb to determine if the state is benefiting from these corporate relationships. That list included the Texas Moving Image Industry Incentive Program, which is managed by Heather Page, the director of the Texas Film Commission, a division of the governor’s office.

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