WASHINGTON (AP) — The U.S. economy expanded at a 2.9% annual pace from October through December, ending 2022 with momentum despite the pressure of high interest rates and widespread fears of a looming recession. Thursday’s government estimate showed that the nation’s gross domestic product — the broadest gauge of economic output — decelerated last quarter … Read more
DETROIT (AP) — Tesla has posted record net income for the fourth quarter of last year, and the company predicted that additional software-related profits will keep its margins higher than any other automaker. The Austin, Texas, maker of electric vehicles and solar panels said it made $3.69 billion from October through December, or an adjusted … Read more
Construction is set to begin in the spring.
BATON ROUGE, La. (AP) _ Business First Bancshares, Inc. (BFST) on Wednesday reported fourth-quarter profit of $18 million. The Baton Rouge, Louisiana-based bank said it had earnings of 67 cents per share. Earnings, adjusted for non-recurring gains, came to 66 cents per share. The results topped Wall Street expectations. The average estimate of four analysts … Read more
January 25, 2023 San Antonio economy dashboard (December 2022) Job growth (annualized)Sept.–Dec. ’22 Unemployment rate Avg. hourly earnings Avg. hourly earnings growth y/y arrow_drop_up3.2% 3.6% arrow_drop_up$27.88 arrow_drop_up5.5% San Antonio job growth declined in December, while the unemployment rate was unchanged. Restaurant spending and wages increased. In contrast, the business-cycle index declined slightly, and home sales … Read more
A San Antonio appeals court has sided with the city in its dispute with international shipping company DHL Express. The 4th Court of Appeals on Wednesday overturned a state District Court ruling by finding the city has immunity from breach of contract and declaratory judgment claims, thus dismissing a lawsuit DHL filed against the city. … Read more
SAN ANTONIO – If you are part of the world of the performing arts, The Children’s Ballet of San Antonio is holding open auditions for the stage production of Sleeping Beauty on Saturday, Jan. 28 at the Dance Center of San Antonio. The upcoming event is said to be different from other past productions. Dancers … Read more