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Preview: San Antonio Business News - Local San Antonio News | The San Antonio Business Journal

San Antonio Business News - Local San Antonio News | The San Antonio Business Journal

View Breaking Local News Headlines in San Antonio from the San Antonio Business Journal. Access business resources, company profiles, business advice columns, local jobs and more.

Published: Sat, 27 May 2017 02:27:09 +0000

Copyright: American City Business Journals, Inc. and its licensors. All rights. reserved.

Supertankers tested at Port Corpus Christi (SLIDESHOW)

Sat, 27 May 2017 02:09:48 +0000

(image) A mammoth tanker docking Friday at the Port of Corpus Christi was a historic event and a successful test. A 1,093-foot-long EuroNav tanker named the Anne docked at the Occidental Petroleum Corp. (NYSE: OXY) crude oil export facility just two hours south of San Antonio in the San Patricio County town of Ingleside. Classified as a Very Large Crude Carrier, or VLCC tanker, the Belgian-owned ship is the largest crude oil tanker to call on a Gulf of Mexico port and is expected to boost crude oil exports…

Biglari Holdings buys California insurance company in $299.5 million deal

Fri, 26 May 2017 20:27:50 +0000

(image) A subsidiary of San Antonio-based Biglari Holdings Inc. (NYSE:BH) is set to acquire Pacific Specialty Insurance Company and its affiliated agency McGraw Insurance Inc. from its shareholders Michael J. McGraw and John M. McGraw for $299.5 million. Biglari Holdings Inc. owns fast food chain Steak 'n Shake, Maxim magazine, First Guard Insurance and restaurant chain Western Sizzlin. Pacific Specialty, a California-based company specializing in motorcycle, personal watercraft and residential property…

Bills to revive horse-racing industry to gain traction at Texas Legislature

Fri, 26 May 2017 19:24:26 +0000

(image) Bills intended to keep the state’s horse and greyhound racing industry afloat failed to pass in the waning days of this session of the Texas Legislature — leaving the Texas Racing Commission in the red. The two most important bills — Sen. Lois Kolkhorst’s Senate Bill 1971 and Senate Bill 1972— received approval from the Senate but were not funded. In a tight budget session where almost every piece of legislation had to return with no fiscal impact, neither bill got a hearing in the House…

EPICenter to merge energy and tech at new summit

Fri, 26 May 2017 17:26:43 +0000

(image) San Antonio's future think tank and co-working space for new energy is moving forward with a new event. The EPICenter is hosting an internet of things summit on June 1 at the Pearl Stable. Known as IoT, the internet of things is enabling everyday objects to send and receive data that can be compiled, analyzed and used in a variety of applications. Dubbed "IoT: A Connected World," the summit will feature U.S. Congressman Will Hurd, Deloitte IoT expert Dan Rhodes and Georgia Tech internet of things…

San Antonio Insurance experts weigh in on state of industry

Fri, 26 May 2017 17:22:59 +0000

(image) With all the changes happening where do insurance professionals see their industry going

Fiesta San Antonio elects new executive committee and commissioners

Fri, 26 May 2017 17:22:42 +0000

(image) The Fiesta San Antonio Board of Commissioners elected a new executive committee which will lead the commission in the planning of 2018 Fiesta San Antonio. The elections took place on Tuesday at the annual gathering of representatives for Fiesta San Antonio’s participating member organizations. Each executive committee member will serve a one-year term from June 1, 2017 to May 31, 2018. The committee is: President William F. “Bill” Mitchell President Elect Byron LeFlore, Jr. Senior Vice President…

San Antonio Zoo changes helping area hotels fill more rooms

Fri, 26 May 2017 14:20:56 +0000

(image) Big changes to Broadway Street could attract more visitors and drive up zoo attendance.

SAHA offers glimpse at first housing project to go solar in San Antonio (SLIDESHOW)

Fri, 26 May 2017 12:38:37 +0000

(image) The San Antonio Housing Authority quietly made a bit of solar power history in the Alamo City. SAHA officials recently commissioned the installation of a 25 kilowatt solar power system at the Fair Avenue Apartments, marking the first time that solar has been installed at a public housing project in San Antonio. The panels were installed as part of SAHA's push to reduce its carbon footprint. The public housing agency has pledged to reduce energy consumption at all of its properties by 20 percent…

Compromise on bathroom bill, tax reform would avoid special session, Abbott says

Fri, 26 May 2017 12:37:46 +0000

(image) Gov. Greg Abbott assured reporters the morning of May 25 that the two chambers of the Texas Legislature still have plenty of time to come to a resolution on property taxes and the so-called "bathroom bill." Abbott’s comments come during a tense standoff between the Texas House and the Senate: Each chamber appeared the night of May 24 to be holding the other's local and consent bills hostage. Eventually, 30 or so House members spoke personally with Lt. Gov. Dan Patrick. After a closed session in…

What’s behind USAA’s defense of years-old patents?

Fri, 26 May 2017 12:29:05 +0000

(image) ​I’m certain that I and others in our newsroom are not the only ones to spot the irony this week when two particular news stories came out at roughly the same time.