San Antonio to vote on $2.25M local business relief plan – mySA

Local businesses that have been impaired by ongoing construction projects around San Antonio could soon see some monetary relief if approved by the city. District 1 Councilman Mario Bravo tweeted last Friday, January 6 that $2.25 million is “now on the agenda” for local businesses that have seen a decline or have had to close … Read more

Rackspace founder Richard Yoo: Company ‘on trajectory of death’ – San Antonio Express-News

Richard Yoo, who founded and helped build the website hosting company that became San Antonio’s premier technology firm, believes he’s watching its collapse. The reputation of the company now known as Rackspace Technology, he said, “is eroding rapidly” after years of shifting business plans, executive shuffles, financial losses, staff cuts and, finally, the Dec. 2 … Read more

Rackspace ‘on trajectory of death,’ founder Richard Yoo says – San Antonio Express-News

Richard Yoo, who founded and helped build the website hosting company that became San Antonio’s premier technology firm, believes he’s watching its collapse. The reputation of the company now known as Rackspace Technology, he said, “is eroding rapidly” after years of shifting business plans, executive shuffles, financial losses, staff cuts and, finally, the Dec. 2 ransomware … Read more

City looks to offer thousands in grants to businesses mired in construction zones – San Antonio Report

A new grant program designed to provide economic relief for storefront businesses affected by ongoing road construction will go before City Council next week.  City officials will propose allocating $2.25 million in federal funds from the American Rescue Plan Act (ARPA) to give qualifying business owners up to $35,000 to offset losses they suffered due … Read more

Business Highlights: Job gains, Twitter leak – mySA

WASHINGTON (AP) — America’s employers added a solid 223,000 jobs in December, evidence that the economy remains healthy even as the Federal Reserve is rapidly raising interest rates to try to slow economic growth and the pace of hiring. With companies continuing to add jobs across the economy, the unemployment rate fell from 3.6% to … Read more