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VIA board set to reconsider possible November tax vote

The VIA Metropolitan Transit and Advanced Transportation District boards are expected to meet on Thursday where they could adopt a resolution paving the way for a November referendum directing a portion of the state sales tax currently allocated to protect the Edwards Aquifer to public transit. VIA and the ATD, comprised of the same members, have until Aug. 17 to call for a November ballot item redirecting the one-eighth-cent portion of the sales tax, but they must first provide notice of such intent…

SA hospital owner investing $30M-plus to expand health care access

To date, the nonprofit has committed more than $350 million to improve the health of some of the region's most vulnerable people.

Local oil company lost millions preparing for bankruptcy

A newly released earnings report shows the financial straits that San Antonio-based Pioneer Energy Services Corp. was in before it filed for bankruptcy protection in March. On Tuesday, the oilfield services company released its first-quarter earnings report showing the company's balance sheet the month it filed for bankruptcy. Pioneer lost $69 million in the first quarter, compared to its $15 million loss in first quarter 2019. Pioneer has since emerged from bankruptcy, having shed $267 million…

UTSA expecting more than $35M revenue shortfall; to cut hundreds of jobs

The University of Texas at San Antonio is eliminating hundreds of positions.

San Diego investment firm acquires San Antonio property manager

San Antonio property management firm United Apartment Group has a new owner. Brixton Capital, a real estate investment firm based in the San Diego area, bought UAG for an undisclosed price, the firm announced Tuesday. The groups plan to work together to evaluate markets and investments in workforce housing. “Through this acquisition, Brixton Capital will expand our fully integrated platform that includes capital raising, acquisitions and property management,” said Mark Selman, president of…

Here's what Chesapeake's bankruptcy means to South Texas

The Business Journal looked at some potential local ramifications from one of the biggest bankruptcies in the oil industry this year.

Medtech startup ready to court lucrative civilian market

The company's CEO says there are already signs the "early majority" is taking a deeper interest in its technology.

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