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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: Thu, 30 Mar 2017 05:09:02 +0000

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

Frost Tower breaks ground and prepares to shatter ceilings in downtown SA (slideshow)

Wed, 29 Mar 2017 22:56:52 +0000

(image) Plans for downtown San Antonio's future high-rise office building started four years ago at a conference table, and will end three years from now with a 23-story tower — but it all officially started Wednesday. The team behind the 460,000-square-foot, Class AA Frost Tower celebrated with a groundbreaking event across the street from the construction site at 111 W Houston St. Rackspace Founder Graham Weston, Frost Bank Chairman Emeritus Tom Frost Jr. and current Frost Bank CEO Phil Green, city…

Tech CEO uses Rey Feo crown to launch Star Wars-themed "Force of Education" campaign

Wed, 29 Mar 2017 19:58:48 +0000

(image) The force is strong with Fred Reyes. Literally. The SiteB Data Services CEO is using his crown as Rey Feo LXIX to launch a Star Wars-themed "Force of Education" campaign. "Star Wars has always been really close to my heart," Reyes said. "I've been a big fan since I was seven years." The San Antonio native grew up in the city's southside where he saw the science fiction film 27 times at the Century South Theater. "It really opened my eyes that there was a much bigger world out there," Reyes said.…

SWBC lays off 2 percent of its workforce

Wed, 29 Mar 2017 19:49:34 +0000

(image) SWBC laid off a few dozen workers this week across several departments, the company confirmed to the Business Journal. The company trimmed roughly 2 percent of its 2,600-employee workforce, the majority of whom work in San Antonio. "SWBC is managing strategic organizational changes to streamline corporate functions. Now that several initiatives were completed to ensure maximum efficiency, we've laid off 2 percent," SWBC spokeswoman Lisa Pinto said. The business services company, which sells insurance…

Reducing — or eliminating — inventory tax would boost Texas' retail sector, trade group says

Wed, 29 Mar 2017 19:41:23 +0000

(image) Inventory property tax relief, a business-friendly regulatory environment and effective participation in the federal Supplemental Nutrition and Assistance Program, frequently referred to as SNAP, are among the legislative priorities of the Texas Retailers Association during this year's session. CEO George Kelemen and about 125 TRA members representing 100 companies descended on the Texas Capitol March 29 for a day of lobbying. He spoke with Austin Business Journal about the needs of his organization,…

NADBank loans $40 million to French-owned company building wind farm west of San Antonio

Wed, 29 Mar 2017 18:55:07 +0000

(image) The North American Development is loaning $40 million to a French-owned company building a 150 megawatt wind farm just two hours west of San Antonio. NADBank officials confirmed the loan was being made the short-term loan to Rocksprings Val Verde Wind LLC, a subsidiary of French-owned renewables company Akuo Energy. “We are proud to collaborate on the construction of this clean energy facility that will supply electricity to the residents of Val Verde County,” NADB Deputy Managing Director…

Don’t let the Best Places to Work clock run out on you

Wed, 29 Mar 2017 18:04:46 +0000

(image) Time is growing short to nominate your company or organization for the San Business Journal’s 2017 Best Places to Work Awards. Participating in Best Places to Work is a three-step process. The first step is to fill out the Business Journal’s online nomination form which you can find by clicking here. It’s important that each person who completes the nomination form indicates who at his or her company or organization will be that employer’s designated liaison to coordinate with Quantum Workplace,…

Mentoring Monday: Meet 33 of San Antonio's top women in business

Wed, 29 Mar 2017 15:12:23 +0000

(image) Meet your mentor at the San Antonio Business Journal's Mentoring Monday event. Join San Antonio Busines Journal on April 3 for this one-of-a-kind event that brings together women in a casual, fast-paced coaching atmosphere. The event will take place at 8 a.m. at the Omni Hotels & Resorts Colonnade at 9821 Colonnade Blvd. There's still time to register – click here. Mentoring Monday will offer the opportunity to choose from mentors who are the most influential women in the business community…

Visit San Antonio creates new team to boost tourism

Wed, 29 Mar 2017 12:36:16 +0000

(image) The lead group tasked with attracting more convention and tourism business to the Alamo City is making some tactical changes as part of its ongoing reorganization. Visit San Antonio, formerly the San Antonio Convention & Visitors Bureau, has formed a new Partner & Community Relations team to help reach a larger audience. Richard Oliver will serve as director of Partner & Community Relations in the new division, overseeing Visit San Antonio’s media relations strategy and outreach programs. He…

Gov. Abbott calls for adding $100M to Texas Enterprise Fund

Wed, 29 Mar 2017 12:31:59 +0000

(image) The Texas Enterprise Fund should be re-upped to the tune of more than $100 million, Gov. Greg Abbott said March 28 in a speech to the Dallas Regional Chamber. The deal-closing fund helps attract some of the world’s largest companies — such as McKesson, which is bringing 1,000 jobs to Irving, and Charles Schwab, which is bringing more than 1,000 jobs and building a new campus in Westlake in Denton and Tarrant Counties. Other TEF-incented deals that have landed in North Texas include the headquarters…

Report: Price tag for North Carolina 'bathroom bill' reaches $3.76 billion

Wed, 29 Mar 2017 12:30:44 +0000

(image) North Carolina’s "bathroom bill" has cost the state at least $3.76 billion in lost economic activity, according to a report from the Associated Press. The report was released Monday and comes as lawmakers in Texas consider their own bathroom bill, known as the Texas Privacy Act, which most notably would require people to use the bathroom that corresponds with the gender on their birth certificate in government buildings, including schools. Civil rights advocates have criticized Senate Bill 2…