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Lockheed Martin Commercial Engine Solutions in San Antonio is cutting back 37 percent of its workforce, laying off 87 employees at all levels.  Employees were informed about the changes earlier this month.

Office of Congressman Joaquin Castro

San Antonio Congressman Joaquin Castro last month traveled to Japan to meet with Prime Minister Shinzō Abe and U.S. Ambassador to Japan Caroline Kennedy regarding Japan’s investment in the U.S., and particularly in San Antonio and Texas. 

The price of oil has dropped to its lowest point in years in recent weeks. That's bad news for almost everyone in oil-producing parts of the country.

But there is at least one business that's booming in the oil patch.

Walk around Ryan Peck's impound lot on the south side of Corpus Christi, Texas, and it's easy to see he's busy.

Stock markets in the U.S. took a plunge at the open Monday, with the Dow Jones Industrial Average falling more than 1,000 points in early trading.

This comes after China’s main stock index dropped more than 8 percent today, in what some are dubbing China’s “Black Monday.”

Here & Now’s Jeremy Hobson looked at what’s happening, and what individual investors should do, with Jill Schlesinger of CBS News.

Shelley Kofler / Texas Public Radio

Some San Antonio City Council members want to know what the city is going to do to make its airport more competitive.  This week’s discussion followed a Texas Public Radio report that documented higher than average ticket prices and concerns that the airport is falling behind.

San Antonio’s airport served more than eight million passengers last year but City Aviation Director Frank Miller acknowledged thousands who used to fly out of San Antonio are now traveling from Austin.

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