economy

Much like Gov. Rick Perry’s many trips to California to convince companies to relocate their business to Texas, a California state lawmakers is doing the same here, asking the electric car manufacturer Tesla to build its "gigafactory" in California rather than in Reno or San Antonio.

California state Sen. Ted Gaines, R-Roseville, said he’s not deterred by expert predictions that the electric car company will either build its gigafactory in Reno, Nevada or in San Antonio.  

Café Commerce via Facebook

A one-stop shop for people with business ideas is now open. The program, called Café Commerce, mirrors the college resource center, Café College.

At the kickoff event Monday at the Central Library downtown, where Café Commerce is headquartered, Mayor Julián Castro held up a book to illustrate how San Antonio grew up.

State of Texas

On Friday Speaker of the House Joe Straus announced the creation of the Select Committee of Economic Development Incentives, which will examine if the state’s business incentives are really driving companies to move to Texas and if the programs are still worth their weight.

In a statement, Straus wrote:

David Martin Davies / TPR News

Fronteras: In what would be a historic move, Mexico may open up its energy industry to private domestic and foreign investors. How Texas is preparing to get ahead of a proposed overhaul of Mexico’s energy industry. U.S. and Mexico authorities released water into the Colorado River Delta this spring to try to jump-start habitat restoration. We check in to see how that experiment is going.

Texas Eyeing Mexico Energy Industry Overhaul

UTSA Institute for Economic Development

A new study by UTSA’s Institute for Economic Development shows a rapidly-rising economy is in store for the West Texas oil and gas play.

The largest oil production in Texas has always been in the Permian Basin, but with new hydraulic fracking technologies, more of the shale plays around the state are starting to get a piece of the pie. 

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