Business

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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Business
10:39 am
Thu February 20, 2014

UTSA's Small Business Development Center Setting Up Centers In Peru

Peru's coffee industry hopes to make new strides in business development, thanks to UTSA's Small Business Development Center training.
www.farmingfirst.org

UTSA’s International Trade Center teams have begun training new small business development counselors in Peru. The program is part of the government's Small Business Network of the Americas Initiative to help small businesses in other countries gain economic independence.

Small business owners know they have to develop a business plan, get funding, produce the product, and find buyers. Helping the business owner learn how to do all these things is the job of the Small Business Development Center at UTSA. 

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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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