local business

Texas Business
12:25 pm
Wed May 15, 2013

Technology Industry Thriving In The Lone Star State

Chris Eudaily TPR News

Texas is making headlines in the tech industry as a report released today by the TechAmerica Foundation indicated that Texas is now second only to California in the number of high-tech jobs.

The latest edition of Cyberstates, a comprehensive state-by-state look at  tech employment, wages, and other key economic factors state-by-state, said Texas continues to be a leading cyber state by most tech industry metrics, including employment, payroll, and establishments.

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Texas Economy
9:08 am
Fri May 10, 2013

Latinos May Need More Than a 'Miracle' to Prosper in Texas

Veronica Zaragovia for KUT News

Originally published on Fri May 10, 2013 10:54 am

Story as it aired on KUT 90.5 FM

President Obama brought a message of economic recovery when he visited Austin yesterday, the first stop in his “Middle Class Jobs and Opportunity Tour.” Latinos in the U.S., however, are trailing behind the national average in unemployment. So how are they’re doing when it comes to finding work in the home of the “Texas miracle?"

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Texas Legislature
10:55 am
Wed May 8, 2013

House Follows Governor’s Marching Orders To Pass Small Business Tax Cuts

Ryan Poppe TPR News

The House passed House Bill 500, which would extend tax incentives to small businesses by using revenue usually reserved to fund schools.

Rep. Harvey Hilderbran, R-Kerrville, who authored the bill, said the state will replace the money for public education in the senate’s version of the budget bill.

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U.S. Congress
10:35 am
Fri May 3, 2013

Congressman Gallego Outlines Priorities For South San Antonio

Former Congressman Charlie Gonzalez congratulates Pete Gallego on his win in last year's November election.
David Martin Davies TPR

U.S. Congressman Pete Gallego reported to members of the South San Antonio Chamber of Commerce on his own legislative agenda for that section of his broad district.

The South Side of San Antonio has grown since the Base Realignment Commission (BRAC), the opposite of what most people in the mid 1990s thought would happen.

What once were fields surrounding Brooks and Kelly Air Force Bases are now buzzing centers of energy surrounding the new Brooks City Base and Port San Antonio.

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Downtown Development
2:18 pm
Thu May 2, 2013

Historic And Design Review Commission Rejects Tower Plan For Joske's Building

Rendering of the tower proposed for the Joskes building. The project was rejected at the Historic and Design Review Commission.

San Antonio's Historic and Design Review Commission has rejected an application for a hotel tower to be placed atop the old Joske's building downtown.

Even up until a minute before the last vote, no one could have guessed the final outcome of a vote by commissioners, who were torn over the decision. Half the members were for the project, and half were against. One member didn’t show up to the meeting because he is involved with the architects, Overland Partners, to restore the St. Anthony Hotel.

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Local Business
10:24 am
Wed May 1, 2013

Valero's CST Brands Spinoff A Boost For Shareholders

Valero installs new signage to indicate spin-off of retail operation
Eileen Pace TPR

*The original post of this story misspelled CST Brands CEO Kim Bowers as Karen Bower. The correction is now reflected in the copy.

Valero is spinning off its retail operation under the new name CST Brands, Inc. for all of its 1,900 stores across the U.S. and Canada.

CST Brands CEO Karen Bower Kim Bowers said the new company comes to the market as a Fortune 220 Company, a good deal for the shareholders.

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Downtown Development
1:13 pm
Mon April 29, 2013

Students Present Designs To Replace Historic Building By Main Plaza

UTSA College of Architecture students listen to jurists reviewing their designs for a struture to replace the historic Wolfson Bldg.
Eileen Pace TPR

UTSA College of Architecture students could have a hand in designing a new structure to replace the historic Wolfson building that was destroyed by fire in 2011.

Last Wednesday, the sophomore class of UTSA Architecture students presented their final scale models and renderings of a new building for a juried competition at the Radius Center.

The students were judged on designs for a modern office building that would fill the narrow space that still remains a gaping hole on the edge of Main Plaza.

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Solar Power
1:03 pm
Thu April 18, 2013

Solar Advocates Unite To Oppose CPS Energy's Solar Credit Changes

CPS Energy

San Antonio’s solar power industry is collectively fighting back against a plan by CPS Energy to lower a credit given to solar energy users.

Solar interests are calling for CPS Energy to backtrack on its decision to introduce SunCredit, a program that would reduce an existing dollar-for-dollar credit on generating solar energy.

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SA Housing
9:50 am
Wed April 17, 2013

Price Of Average Home In San Antonio Continues To Rise

Eileen Pace TPR News

In a report from the San Antonio Board of Realtors, the average price of a home has increased over the past three years up to $194,000 as of last month.

Angela Shields, president of the San Antonio Board of Realtors, said the number of days a house is on the market is decreasing, another sign that the market is improving for sellers.

"That number is 90 days, so it's taking less time right now to actually sell a home," Shields said.

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Business/Economy
5:15 pm
Mon April 15, 2013

Governor Rick Perry Unveils Business Tax Relief Plan

rickperry.org

The governor’s office release details of a tax relief plan that provides benefits for small and large businesses alike. Before getting into specifics, Gov. Rick Perry took a moment to pause for those affected by the bombings that occurred during the Boston Marathon. 

"I think all of us have friends and/or relatives up in Boston with the race going on so keep them in your prayers as we get the details," Perry said.

Perry listed a four-part plan to to provide over $1 billion in tax money to current businesses and out-of-state companies looking to re-locate.

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