Business

Eagle Ford Shale
12:02 pm
Tue April 22, 2014

South Texas Looking To Oil & Gas Exporting At Eagle Ford Consortium Conference

South Texas oil (brown) and gas (blue) wells.
U.S. Energy Information Administration

More than 600 South Texas business and community leaders are meeting in San Antonio this week for the third annual Eagle Ford Shale Consortium Conference.

The communities over the Eagle Ford Shale have come a long way since the first wells were drilled in 2008 and the first few years saw growth so rapid that residents could barely keep up.

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Local Business
11:36 am
Tue April 1, 2014

Reyna Family Recalls Childhood Trips In Wagon As Oldest Operating H-E-B Closes

David Reyna, who has been shopping at the Nogalitos HEB for 70 years, wanted to be the last customer to check out at the old store before it closed for demolition
Eileen Pace

  The oldest H-E-B in San Antonio on Nogalitos Street has sold its last "Combo Loco" but a new supermarket is being built in its place to be the store of the future.

In 1945, throngs of eager customers gathered for the store’s grand opening with its shiny new, curved block windows in the art deco style of the day.

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Local Business
9:45 am
Mon March 31, 2014

San Antonio Returns To Pre-Recession Job Growth In March Economic Report

The unemployment rate decreased to 5.3% in January, which is right at the average unemployment since 1990.
The SABÉR Research Institute

The San Antonio Economic Outlook for 2014 that came out Friday shows more optimism than caution for the next year.

San Antonio’s employment growth is back on track following the recession, thanks to the recovery of some key local industries. More people are getting back to work in certain industries like construction, hospitality, retail, government and health services.  

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Local Business
12:21 pm
Tue March 25, 2014

UTSA VP Joins Statewide Small Business Taskforce

UTSA'S International Center for Economic Development recently trained a group of directors for Peru's new SBDC models.
UTSA

Gov. Rick Perry has appointed Robert McKinley, associate vice president for economic development at UTSA, to serve on a statewide taskforce that advises the state’s elected officials on issues related to small business.

Since 2003, McKinley has led the UTSA Small Business Development Center in creating an international network of SBDC offices. Those centers are in 15 countries so far in this hemisphere -- with Tunisia on the radar – and help foreign small businesses get off the ground.

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Local Business
10:44 am
Wed March 19, 2014

Training Opportunity Gets Military Cyber Security Specialists Help Toward Entrepreneurship

San Antonio Chamber of Commerce

Military cyber security specialists are becoming a welcome part of the civilian workforce, and now there's a training opportunity in San Antonio for veterans and military members who may be headed in an entrepreneurial direction.

It wasn’t so long ago that few had heard about cyber security, but it suddenly rocketed into reality for a broad cross section of shoppers after the recent data breach at Target stores.

But military cyber security specialists have done this work for decades, and their high level of expertise is highly marketable once they become veterans.

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Local Business
10:37 am
Tue March 18, 2014

Leases In La Villita Could Be Pulled To Revitalize Arts Village

Wendell Fuqua is an artist who works at the River Art Gallery one day a month.
Ryan Loyd TPR News

La Villita is a historic arts village in the heart of downtown San Antonio, across from Hemisfair Park. But the city wants to update the look and feel of La Villita with a plan that would totally overhaul the current village.

A recommendation by city staff includes asking tenants in La Villita, some who have been there for three decades or more, to reapply for a space within the village next year.

The conversation is very early, though, and artists like woodworker Wendell Fuqua keeps his schedule as usual.

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Code Switch
5:47 pm
Sat March 15, 2014

Pizza Chain That Markets To Mexicans Says New Promotion Isn't Profane

Pizza Patrón hires bilingual employees to serve their core customer base, Mexican immigrants.
Dave Einsel Getty Images

Originally published on Sat March 15, 2014 11:05 am

EDITOR'S NOTE: Fair warning - this story is about and includes the use of a Spanish-language word that some consider a profanity.

Pizza Patrón is a Dallas-based chain that's generated a lot of media buzz over the years for advertising aimed at its core customer base, Mexican immigrants. Its newest promotion uses a popular Mexican slang word that to some means "super cool," while others find it super-offensive.

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Texas Business
4:16 pm
Mon March 3, 2014

Dallas Lawmaker Makes Play To Land Tesla "Gigafactory"

Tesla Model S.
Ryan Poppe TPR News

Despite some setbacks last legislative session, state Rep. Jason Villalba, R-Dallas, is hoping to persuade the owner of Tesla Motors to come to Texas for another business endeavor. While it might not be as sexy as being able to sell the luxury electric car, people need batteries to make them run.

Last legislative session, Tesla Motors owner Elon Musk was regularly seen around the state capitol trying to convince state lawmakers and the Texas Automotive Dealers Association to allow him to sell his $90,000 electric cars in Texas.

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Local Business
3:13 pm
Fri February 21, 2014

USAA CEO Joe Robles Set To Retire Next Year

Joe Robles.
Photo courtesy USAA

Insurance giant USAA is facing a change in management next year now that long-time CEO Joe Robles Jr. has announced he is entering retirement.

Robles, who served 28 years in the Army, first served on the USAA Board of Directors and joined the company as chief financial officer and controller in 1994. He also served as corporate treasurer and chief administrative officer before taking the helm as CEO and president in 2007.

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Small Business
2:18 pm
Fri February 21, 2014

Accion Texas Says Small Business Lending Is Up

In another sign of a recovering economy, larger loans to new small businesses are on the rise.

Acción Texas, Inc. has announced its best fourth quarter to date for Small Business Administration 504 lending. The nonprofit small business lender this week announced its SBA 504 lending division had a record fourth quarter of $12.9 million in loans, a figure 77 percent higher than the previous year.

Bob Schraitle, vice-president of the 504 division, credits several factors, including pulling out of the recession, for the marked increase in new loans.   

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