BUSINESS

DETROIT (AP) — Rising factory output led to strong U.S. sales at the end of last year, pushing General Motors’ fourth-quarter net income up 16% over the same period a year ago. The Detroit automaker made $1.99 billion from October through December, or an adjusted $2.12 per share, easily beating Wall Street per-share projections for … Read more

JANUARY 31, 2023 — As students return to campus, many are thinking about how to turn their degree into a fulfilling career. To help those students connect with employers, the UTSA Career Center (UCC) is hosting 100+ companies at several career expos this semester. They include: STEM Career Expo Wednesday, February 1 • 2 to … Read more

WASHINGTON (AP) — The Federal Reserve is poised this week to raise its benchmark interest rate for an eighth time since March. But the Fed will likely announce a smaller hike for a second straight time, and it could change some key wording in its post-meeting statement about future rate increases. A change in its … Read more

Ira “Bob” Born, a candy company executive known as the “Father of Peeps” for mechanizing the process to make marshmallow chicks, has died. He was 98. Just Born Quality Confections, the 100-year-old family-owned company Born led for much of his life, said Monday that he had died peacefully on Sunday. Born began his life in … Read more

The Pictsweet Co., a Tennessee-based frozen foods company, has filed notice of its intention to permanently close its facility in San Antonio by mid-March. In a letter to the Texas Workforce Commission, Pictsweet said it will lay off 77 employees who work at an industrial building on the North East Side. Pictsweet, founded in 1945, … Read more

Saturday’s Royal Rumble at San Antonio’s Alamodome posted a record gate of more than $7.7M. That was up more than 50% from the previous record, which was set in 2017 when the event was also held in San Antonio. WWE reported that the 2023 Royal Rumble also broke all-time venue merchandise and sponsorship records. Merchandise … Read more