Business

Eagle Ford Shale
4:31 pm
Tue December 11, 2012

Report: Entrepeneur Opportunities Limitless For Eagle Ford Shale

UTSA

Although San Antonio isn't directly a part of drilling and extraction activities of the Eagle Ford Shale, it is one of the many communities benefiting from the  injection of economic power.

According to a new report by the San Antonio Economic Foundation, road damage caused by trucks traveling to and from the Eagle Ford Shale drilling sites is a big challenge for Bexar County and the City of San Antonio. The report recommends infrastructure planning during the next legislative session.

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4:41 pm
Mon December 10, 2012

Texas Wind Power Considers Future Of Fewer Tax Breaks

Lead in text: 
At the American Wind Energy Association Conference last week, Jimmy Glotfelty, co-founder of Clean Line Energy, said that government incentives are still needed at least for five more years to foster development of wind projects.
The federal tax credit that helped make Texas the leader in wind power expires at the end of year. Some people in the wind energy industry seem resigned to the possibility that even if Congress renews the credit, the days of such breaks are nearing an
Business
11:54 am
Mon December 10, 2012

American Airlines Pilots Approve Deal

American Airlines

Originally published on Fri December 7, 2012 5:20 pm

By an overwhelming 74 percent margin, American Airlines pilots have voted to ratify the tentative contract hammered out with the bankrupt carrier. Voting ended Friday at noon.

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Business/Economy
9:43 am
Fri December 7, 2012

The Reality Of The Fiscal Cliff: How Going Over Could Help The Economy

If President Obama and Congress fail to reach a deal on tax and spending changes, the nation would feel a lot of fiscal pain. But it also may benefit from the long-term fiscal restraint that would come from keeping tax hikes and spending cuts in place.
Getty Creative Images

Originally published on Fri December 7, 2012 11:11 am

It wouldn't be the worst thing that could happen to the country.

If President Obama and Congress can't come to agreement on new tax and spending policies by the end of year, the U.S. could slip into recession, defense and domestic programs will see damaging cuts, and the American people may become convinced that Washington can't govern the nation.

On the other hand, the lack of a deal would do a lot to help erase the federal deficit.

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Cross Border Changes
9:56 am
Fri November 30, 2012

Can Mexico's New President End The Drug War And Spark Economic Growth?

Wikipedia Commons

Enrique Peña Nieto, the newly-elected president of Mexico, takes power on Saturday and inherits a nation that is suffering from a long-running conflict against drug traffickers and an economy that is improved but still anemic. On this side of the border, Mexico watchers are hoping Peña Nieto will be the pragmatic problem solver that he promised during his presidential campaign.

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Construction
4:27 pm
Wed November 28, 2012

Bexar County Offering Free Construction Bonding Classes For Minority-Owned Businesses

Bexar County

Bexar County is offering classes to help certain small construction businesses get a leg up in securing contracts for new business or increasing their business.

The program is being offered to help the small construction industry business learn about the bonding process for contractors. The information offered can help businesses overcome industry challenges to help them gain surety bonds or increase their current bonding capacities.

The program is free to owners of construction-related businesses that meet minimum size, sales, and activity criteria.

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Holiday Shopping
9:39 am
Wed November 28, 2012

Holiday Sales Off To A Good Start, Leaving Local Shops and Big Box Stores Happy

Customers shop at the Twig Book Store at the Pearl for Small Business Saturday
Ryan Loyd TPR News

The dirty Thanksgiving dishes have been washed, visiting family members have all gone home, and holiday decorations are starting to light neighborhood streets.

It’s the start of another joyous season, and everyone knows – including retailers – that holiday shopping season is now in full swing.

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Local Business
4:06 pm
Tue November 27, 2012

Study Shows Manufacturing Made $22.5 Billion Impact In 2011

Greater San Antonio Chamber of Commerce

The Greater San Antonio Chamber of Commerce study shows that manufacturing grew from a $7 billion industry in 1991 to $22.5 billion in 2011.

“That is right up there with the biggest industries that we have in San Antonio,” said Chamber President and CEO Richard Perez. "Salaries have grown, so this is a place for young people to really find excellent jobs that will fulfill the needs of their families and themselves as being citizens of this community."

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Holiday Business Boost
5:56 pm
Wed November 21, 2012

Holiday Shopping Sales Expected To Increase In Stores And Online

Wal-Mart prepares for holiday shopping a year in advance
Ryan Loyd Texas Public Radio

A rebounding economy and growing consumer confidence may contribute to a successful holiday shopping season this year.

The consulting firm Accenture reported that this year 52 percent of consumers will increase their spending by $250 or more. On the whole, the report says people are expected to spend $582 for the holiday. 53 percent say they will brave the crowds on Black Friday.

"We actually started preparing right after the season ended last year,” said Scott Redman, store manager at Wal-Mart in the 8500 block of Jones-Maltsberger.

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Business
2:51 pm
Mon November 19, 2012

Grant Awarded to Community Colleges Will Train Students for Eagle Ford Shale Work

Texas Higher Education Coordinating Board Commissioner Raymund Paredes, left holding check, with members of the Eagle Ford Shale Consortium
Dan Melgoza

The Texas Higher Education Coordinating Board has awarded $1.3 million to the Alamo, Coastal Bend, Laredo, South Texas Junior and Victoria Colleges to train and educate workers for the Eagle Ford Shale oil and natural gas boom.

"It's going to train up to 800 individuals to go to work very quickly and be able to make a living wage and be able to make a living wage and support their families and help improve the Texas economy,” said THECB Commissioner Raymund Paredes.

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