Business

Business
10:00 am
Thu January 30, 2014

Valero Reports Spike In 4th Quarter Earnings, Attributes Increase To End Of Recession

Eileen Pace TPR News

San Antonio-based Valero Energy is reporting a 28 percent increase in its fourth quarter earnings, and officials say the nation’s oil industry is healthier as a whole now that the recession is coming to an end. 

Valero Wednesday reported an increase of $1.3 billion dollars over the fourth quarter earnings of 2012. 

Vice-President of Media and Community Relations Bill Day said the company is starting to see steady increases now, in part due to the end of the recession.

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Consumer Alert
8:56 am
Sun January 12, 2014

Neiman Marcus Credit Card Breach Heightens Consumer Concerns

Originally published on Sun January 12, 2014 10:41 am

Transcript

RACHEL MARTIN, HOST:

This is WEEKEND EDITION from NPR News. I'm Rachel Martin. If you use a credit card - and most of us do - it's hard not to be a little concerned. Discount retailer Target continues to apologize for a massive security breach over the holidays. And just yesterday, the high-end retailer Neiman Marcus disclosed that shoppers at its stores have been compromised as well. Independent investigative reporter Brian Krebs was the first to report on both these security breaches. He joins us to talk more. Welcome to the program, Brian.

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Fronteras Desk
12:16 pm
Wed January 8, 2014

Texas Attempts To Lure Sriracha Factory To Lone Star State

Shipments of Sriracha are on hold in California following a partial factory shutdown.
Tracy Greer Fronteras

As shipments of the popular spicy Asian condiment Sriracha remain on hold following a partial shutdown of its factory in California, a state representative from Texas is trying to lure the maker of the sauce away from the West Cost and into the Lone Star State.

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Medical Center
5:44 pm
Fri December 6, 2013

UTHSC And Methodist Health Reach Deal On Children's Hospital

UT Health Science Center

The UT Health Science Center at San Antonio and the Methodist Healthcare System have announced an affiliation agreement for a children’s hospital in the Medical Center.

The two organizations issued a joint statement late this afternoon indicating they have agreed on all major aspects of their relationship and are moving forward to obtain regulatory approval for their agreement.

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Aerospace Industry
5:29 pm
Fri December 6, 2013

San Antonio In Running For Boeing 777X Airliner Manufacturing Contract

777X promotional images found at http://www.newairplane.com/777x/
Boeing

San Antonio is being talked about as one of the cities competing to win the Boeing 777X airliner manufacturing contract, but local officials aren’t talking.

In Washington state, the union rejected Boeing’s contract over health care and pension demands, so Boeing is looking for alternative cities to bring the 777X.

About 15 locations, along with their home states, are coming up with lush billion-dollar incentive packages.

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San Antonio Healthcare
9:37 am
Tue November 19, 2013

Baptist Health System Settles $3.5 Million Federal False Claims Lawsuit

Baptist Health System settled $3,675,000 lawsuit alleging false Medicare claims.
Eileen Pace TPR News

The U.S. Attorney in San Antonio has settled a $3,675,000 whistleblower lawsuit against the Baptist Health System for filing false claims for Medicare reimbursement.

According to the U.S. Attorney’s Office, the federal investigation under the False Claims Act was triggered by allegations in a whistleblower lawsuit brought by a former employee of the Baptist Health System.

Assistant U.S. Attorney Harold Brown said Norma Rivera reported she tried twice to bring the problem to the attention of her employers.

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Local Business
9:27 am
Thu October 31, 2013

San Antonio's Economic Growth Tied To Creative Industry Success

Creative industries in San Antonio include culinary arts
Eileen Pace TPR News

The arts are growing in San Antonio, and have grown each year since the recession ended.

This year's Economic Impact of the Creative Industry on San Antonio report shows a slight but significant increase over last year, just one to two percent, but Dr. Steve Nivin at St. Mary’s University said the increase has been steady over the past few years. 

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Local Business
4:57 pm
Tue October 22, 2013

New Startup To Train Students For Tech Jobs In San Antonio

Codeup staff, from top left: CEO Michael Girdley, Chris Turner, Director of Curriculum & Lead Instructor, Jason Straugh, CTO, and Samantha Atkins, Director of Operations
Courtesy

A new bundle of joy has arrived at San Antonio's Geekdom, "the place where startups are born."

Michael Girdley's baby is a company called Codeup, and he's hoping it will be San Antonio's answer to every tech company's long-burning problem of not having enough qualified people to hire.

"Codeup is a nine week boot camp, and the idea is we take people who are non-techies and we turn them into web programmers with a job guarantee," Girdley said.

"We have tons of great jobs down here," said Girdley emphatically.

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Local Business
1:11 pm
Fri October 11, 2013

Old Kelly AFB Airplane Hangars Get New Life At Port San Antonio

Modular luxury cabin unit built by Knight Aerospace as it is loaded into the hold of a military cargo aircraft.
Courtesy Port San Antonio

Four abandoned Air Force hangars at the old Kelly Air Force Base have made it possible for a local aerospace company to complete a major custom project on time, all on-site at Port San Antonio.

Knight Aerospace, which has specialized in making custom kits that can quickly transform the interior of military cargo planes, used one of the hangars to outfit a brand new Lockheed Martin aircraft with two custom-designed kits that the company manufactured at its nearby Acme Road facility.

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Local Business
9:52 am
Wed October 9, 2013

Port San Antonio Street Expansion Opens 400 Acres For Aerospace Development

Local and state officials wave trucks through on the new section of 36th Street at Port San Antonio.
Eileen Pace TPR News

State and local officials gathered at Port San Antonio Tuesday to celebrate the extension of 36th Street through the former Kelly Air Force Base. 

State Rep. Philip Cortez, D-San Antonio, said the road’s extension is critical to the growth of San Antonio’s aerospace industry.

“When I see this extension and I see everything’s that happening here at Port San Antonio I think of one thing," Cortez said, "and that’s jobs."

Cortez said the extension is expected to add as many as 8,000 new jobs and ultimately will extend two more miles to access Military Drive and I-35.

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