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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: Sun, 22 Jan 2017 18:38:52 +0000

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

Transaction Action: CHRISTUS' new landlord part of national portfolio deal

Fri, 20 Jan 2017 19:56:49 +0000

(image) This weekly blog details recent commercial real estate deals — including sales, leases, new assignments and openings — in the San Antonio area. Do you have newsworthy real estate or retail news to share? Contact real estate reporter Katie Burke at CHRISTUS Santa Rosa's medical office building at 423 Treeline Park has a new owner now that a five-property portfolio deal has closed. Greenwich, CT-based Starwood Property Trust acquired the national portfolio, and as a result,…

3 real estate submarkets to watch as San Antonio heats up

Fri, 20 Jan 2017 19:54:15 +0000

(image) San Antonio's housing market has been on steady path upward over the past couple of years, and as the city continues to grow and post rising prices, a handful of submarkets have emerged as leaders to the rest and they are all over the map. Each attracting opposite groups of homebuyers, the Lavaca, Sonoma Ranch and Mahncke Park areas have been deemed the year's hottest submarkets to watch by real estate brokerage and data firm Redfin. Based on data from its customer visits and expertise from local…

Homegrown tech startup accelerator aims to fill hole left by Techstars

Fri, 20 Jan 2017 18:46:25 +0000

(image) A new homegrown technology startup accelerator in San Antonio is looking to grow its portfolio of companies and fill the gap left in the market by the now-closed Techstars Cloud accelerator. RealCo accelerator's program runs about 15 months in an effort to prepare startups for its series A financing round. The accelerator touts up to $125,000 in investment and, if milestones are met by the startup, access to investors and mentors. In exchange, the accelerator offers a $25,000 convertible note for…

San Antonio metro area workforce count hits historic high

Fri, 20 Jan 2017 18:14:47 +0000

(image) The San Antonio metro area’s unemployment rate rose to 3.7 percent in December. However, the number of people in the market who had a job last month climbed to 1,017,000. It’s the first time the San Antonio-New Braunfels region closed out the year with more than 1 million people employed, according to Workforce Solutions Alamo Deputy Director Susan Ashmore. The San Antonio metro area added 2,400 non-agricultural jobs in December, according to new data released by Workforce Solutions. Over the…

​OSHA changes rule on tracking workplace injuries and illnesses

Fri, 20 Jan 2017 17:43:10 +0000

(image) Last summer, the Occupational Safety and Health Administration (OSHA) increased its citation structure by 80 percent. The increase gives safety- and budget-conscious employers more incentive to fulfill their regulatory obligations. But with OSHA standards covering everything from jobsite drinking water to fall protection, keeping up can be difficult. Texas Mutual's safety services staff has fielded questions from employers about one of OSHA’s newest rules, improved tracking of workplace injuries…

Argo Group: estimates Q4 losses, rolls out new tech, slated to acquire Ariel Re for $235M

Fri, 20 Jan 2017 16:26:57 +0000

(image) Argo Group International Holdings Ltd., a Bermuda-based underwriter for specialty insurance with a U.S. corporate headquarters in downtown San Antonio has a flurry of news recently. Argo Group (Nasdaq:AGII) told investors this week that it expects to lose between $20 and $25 million stemming from natural disasters and that would likely impact the company's 2016 fourth quarter earnings. That is from net of reinsurance and reinstatement premiums during the three month period when Hurricane Matthew…

Inauguration live blog: Dispatches from the District

Fri, 20 Jan 2017 14:08:19 +0000

(image) What does a presidential inauguration mean for Greater Washington? Well, it’s big business for one thing, bringing perhaps a $1 billion boost to the region when all’s said and done. With that in mind, Washington D.C. Business Journal staff reporters Jim Bach and Tina Reed will be out and about the District today covering President-elect Donald Trump’s big day. The swearing-in ceremony on the West Front of the Capitol is scheduled to begin at 11:30 a.m. Trump will take the oath of office around…

Here's how nearly 30,000 officials will keep D.C. safe over inauguration weekend

Fri, 20 Jan 2017 13:52:36 +0000

(image) Donald Trump's inauguration will be the biggest security challenge for the District since President Barack Obama was sworn in for a second time in 2013. Officials from the Secret Service, Department of Homeland Security, FBI and Metropolitan Police Department say they have been preparing for the event for half a year — and they are ready for all types of scenarios. More than half a million people are expected to turn out for the swearing-in at noon Friday, and roughly 200,000 more are likely to…

American Airlines offers bigger bargains to passengers willing to travel light, board last

Fri, 20 Jan 2017 13:48:17 +0000

(image) American Airlines will start offering inexpensive, no-frills fares in February, following its competitors down the stairway into the bargain basement known in the industry as “Basic Economy.” The tickets limit carry-ons to those compact enough to fit under a passenger’s seat, Fort Worth-based American (Nasdaq: AAL) said in a statement. Carry-on luggage normally placed in the overhead bin must be checked at the ticket counter for the regular checked-baggage fee. Items brought to the gate will…

Nominations open for 3 popular SABJ award programs

Fri, 20 Jan 2017 13:40:00 +0000

(image) The San Antonio Business Journal is taking nominations for three of its most popular award programs coming up in 2017: Best in Residential Real Estate, Health Care Heroes and Best Places to Work. Best in Residential Real Estate This is the second year that submissions for agents to be considered for our Best in Residential Real Estate Awards are being taken online via the same nomination platform used for other awards. Previously, submissions were emailed or faxed to Kim Hernandez, our research…