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local business

David Lofink (CC BY 2.0) / Flickr http://bit.ly/2uJzx1S

Black entrepreneurs tend to struggle with maintaining financial stability and therefore, have trouble growing their businesses, according to an African-American Business Enterprise survey.  

StoryCorps

“The Mercado was like the Ellis Island of San Antonio,” says Jorge Cortez. “Most of the immigrants worked there.”

Cortez’s father, Pete, was reminded of his homeland when he first encountered the bustling market. “Mi tierra,” Cortez says. “He saw the musicians, he saw the chili queens, he smelled the fruit… all of that made a difference [to him].”

Google.com

 

A revitalization project for San Antonio’s Eastside community now bears the mark of Gov. Greg Abbott’s veto pen.  The Governor line-item vetoed a section of the state budget that would’ve rehabilitated and repurposed the city’s G.J. Sutton facility.

 

 

The 1912 building was once a featured structure of the City of San Antonio skyline.  But now city councilmember Allen Warrick says because of its dilapidated condition and lack of repairs the historic state building remains a shell of its former self.

 

Ryan E. Poppe

State lawmakers will hear testimony Wednesday on a controversial bill aimed at limiting the type of ordinances and rules that city councils can pass. Opponents argue that the bill calls “what constitutes local control and limited government” into question.

McClatchy Newspapers

Construction firms in Texas are dodging taxes, shifting them to employees and shorting the government out of $1.2 billion, according to a new investigative report called Contract to Cheat conducted by the Ft. Worth Star-Telegram and McClatchey newspapers.

More than 37% of Texas' 800,000 construction workers are being misclassified as independent contractors instead of employees, says an investigative report.

Paul Flahive, Texas Public Radio

Today the city of San Antonio takes two payday lenders to court for violating the ordinance it passed two years ago to regulate the industry " in an effort to reduce against abusive and predatory lending practices."

The ordinance includes limiting the percentage rate of the loan to the income of the lendee, limiting the number of rollovers a person can take and requiring the contract be written in a language the borrower can understand, among other things. 

A state legislator that has joined Texas Gov. Rick Perry during his Asian Economic Development Trip said investors from China and Japan are poised to provide the private funds needed to grow the state’s economy and fulfill some of its infrastructure needs.

State Rep. Jason Villalba, R-Dallas, said Perry asked him to join him in Beijing to meet with hundreds of Chinese investors that are interested in growing the Texas economy by either providing capital for existing projects or bringing business to the state.

Texas Film Commission

Yesterday a House select committee discussed the benefits to providing film companies incentives to operate in within the state.

The committee was designed to go through each of the state’s economic incentive programs with a fine-tooth comb to determine if the state is benefiting from these corporate relationships. That list included the Texas Moving Image Industry Incentive Program, which is managed by Heather Page, the director of the Texas Film Commission, a division of the governor’s office.

USAA

USAA is hosting a “best practices summit” on Tuesday for companies that want to learn more about hiring veterans.

The day-long event pairs dozens of local employers and hiring consultants with Disney’s Veterans Institute course for employers.

The Disney course is designed to help companies build effective veteran-hiring programs of their own, and to solve the disconnect between job descriptions and the veterans’ experience.

Eileen Pace / TPR News

An announcement earlier this year that the number of construction jobs has increased was good news, heralding a recovering economy. But the news is a double-edged sword for contractors who have to try harder to find good workers.

Soon there will be bands playing and football players running the length of the field at Alamo Stadium. After 18 months of construction, the 2010 San Antonio ISD bond project was completed this week.

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