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<title>The Daily News - Business</title>
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<description>The latest news from The Daily News</description>
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<copyright>Copyright 2009 The Galveston County Daily News</copyright>
<pubDate>Tue, 23 Jun 2009 00:00:00 CDT</pubDate>
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<description>The latest news from The Daily News</description>
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<title>Port OKs Pelican Island container terminal study</title>
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<description>GALVESTON &#8212; The Wharves Board of Trustees agreed to hire a consultant to do a conceptual planning study for the proposed Pelican Island container terminal.</description>
<pubDate>Tue, 23 Jun 2009 00:00:00 CDT</pubDate>
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<title>Texas First banks rank among best in nation</title>
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<description>TEXAS CITY &#8212; A national banking magazine has ranked Texas City-based Texas First Bank as one of the top performing community banks in the country.</description>
<pubDate>Wed, 17 Jun 2009 00:00:00 CDT</pubDate>
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<title>Port seeking $3.7 million federal loan</title>
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<description>GALVESTON &#8212; The Port of Galveston will ask its governing board today to allow it to apply for a $3.7 million federal loan.</description>
<pubDate>Fri, 12 Jun 2009 00:00:00 CDT</pubDate>
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<title>A.M. Best slightly downgrades ANICO, subsidiaries</title>
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<description>GALVESTON &#8212; A.M. Best recently downgraded by a notch its assessments of American National Insurance Co. and several subsidiaries.</description>
<pubDate>Wed, 10 Jun 2009 00:00:00 CDT</pubDate>
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<title>Hearing set for ship pilot rate increases</title>
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<description>A hearing to decide whether ship pilots who steer vessels into island and Texas City ports will be awarded a rate increase will be Monday.</description>
<pubDate>Fri, 05 Jun 2009 00:00:00 CDT</pubDate>
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<title>Port gets $10 million federal grant</title>
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<description>GALVESTON &#8212; The federal government awarded the cash-strapped Port of Galveston a $10 million grant to repair Hurricane Ike damage to docks.</description>
<pubDate>Tue, 19 May 2009 00:00:00 CDT</pubDate>
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<title>Fund provides loans to companies hit by Ike</title>
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<description>GALVESTON &#8212; The Galveston Economic Development Partnership has begun the second phase of its drive to help island businesses recover from Hurricane Ike.</description>
<pubDate>Mon, 18 May 2009 00:00:00 CDT</pubDate>
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<title>St. Luke&#8217;s, physicians group pull plug on hospital</title>
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<description>WEBSTER &#8212; St. Luke&#8217;s Episcopal Health System and a physicians group have terminated their lease on a hospital at Blossom Street and state Highway 3.</description>
<pubDate>Tue, 12 May 2009 00:00:00 CDT</pubDate>
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<title>Ship pilots file for rate increase</title>
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<description>The Galveston-Texas City Pilot Association has filed for multiyear rate increases after negotiations with ship owners, operators and agents drifted into impasse.</description>
<pubDate>Tue, 05 May 2009 00:00:00 CDT</pubDate>
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<title>Daily News to offer local hotel reservations</title>
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<description>GALVESTON &#8212; The Daily News is launching a new hotel reservations service in partnership with galveston.com.</description>
<pubDate>Tue, 05 May 2009 00:00:00 CDT</pubDate>
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<title>Dealers predict a better Chrysler after overhaul</title>
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<description>Chrysler&#8217;s announcement it would file for Chapter 11 bankruptcy wasn&#8217;t exactly bad news for some area dealers who predict a better automaker will emerge.</description>
<pubDate>Sat, 02 May 2009 00:00:00 CDT</pubDate>
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<title>Guaranty Financial gets deadline from Fed</title>
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<description>Federal regulators have given Guaranty Financial Group,which operates branches throughout the county, until May 21 to improve its financial position.</description>
<pubDate>Fri, 10 Apr 2009 00:00:00 CDT</pubDate>
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<title>Investors snapping up housing on island</title>
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<description>GALVESTON &#8212; A large part of the island&#8217;s multifamily housing stock is changing hands as investors find the post-Hurricane Ike market to be buyer friendly.</description>
<pubDate>Sun, 08 Mar 2009 00:00:00 CDT</pubDate>
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<title>ANICO to move 400 employees inland</title>
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<description>American National Insurance Co. is moving about 400 employees from its downtown island tower to offices in League City in the next 18 months.</description>
<pubDate>Sat, 31 Jan 2009 00:00:00 CDT</pubDate>
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<title>Landry&#8217;s reshapes plan; refinances debt </title>
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<description>After failing it is plan to go private, Houston-based company Landry&#39;s says it will get loan, sell senior notes to continue business.</description>
<pubDate>Fri, 16 Jan 2009 00:00:00 CDT</pubDate>
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<title>Business openings for Galveston County</title>
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<description>A list of business openings in Galveston County following Hurricane Ike.</description>
<pubDate>Wed, 14 Jan 2009 00:00:00 CDT</pubDate>
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<title>Newspaper, tourism site upload online partnership</title>
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<description>GALVESTON &#8212; The Daily News&#39; Web site, Galvnews.com, and galveston.com have forged a union to broaden their reach and ultimately boost revenues.</description>
<pubDate>Thu, 18 Dec 2008 00:00:00 CDT</pubDate>
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<title>Circuit City pulls plug on newly opened store</title>
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<description>LEAGUE CITY &#8212; Just three months after it opened, Circuit City is closing its League City store and 154 others as consumer spending slumps.</description>
<pubDate>Tue, 04 Nov 2008 00:00:00 CDT</pubDate>
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<title>Rasmussen is association&#8217;s new chairman</title>
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<description>GALVESTON &#8212; Jimmy Rasmussen, president and CEO of HomeTown Bank, has been elected chairman-elect of the Independent Bankers Association of Texas for 2008-09.</description>
<pubDate>Fri, 24 Oct 2008 00:00:00 CDT</pubDate>
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<title>Carnival ships return to island port Nov. 1</title>
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<description>GALVESTON &#8212; Two Carnival Cruise Lines passenger ships, gone since Hurricane Ike, will return to the island&#8217;s port next month.</description>
<pubDate>Thu, 23 Oct 2008 00:00:00 CDT</pubDate>
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<title>Port seeks land to handle cargo overflow</title>
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<description>GALVESTON &#8212; The Port of Galveston is mulling paying $25,000 a month for five years to rent 6.3 acres next to Pier 10.</description>
<pubDate>Wed, 27 Aug 2008 00:00:00 CDT</pubDate>
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<title>Foe proposes raises for ship pilots</title>
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<description>A maritime trade group is proposing ship pilots get raises after fighting against previous rate increases.</description>
<pubDate>Mon, 18 Aug 2008 00:00:00 CDT</pubDate>
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<title>Tornadoes rip into ANICO earnings</title>
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<description>American National Insurance Co. last week reported a loss for the second quarter as natural disasters ripped into earnings.</description>
<pubDate>Sat, 09 Aug 2008 00:00:00 CDT</pubDate>
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<title>Holland made port&#8217;s chair emeritus</title>
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<description>GALVESTON &#8212; The Port of Galveston named Benny Holland, who first joined its governing board in 1976, as its chairman emeritus.</description>
<pubDate>Tue, 29 Jul 2008 00:00:00 CDT</pubDate>
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<title>Need for speed behind Comcast&#8217;s latest plan</title>
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<description>Cable and broadband provider Comcast today said it has doubled download speeds of its fastest tier of Internet service.</description>
<pubDate>Mon, 28 Jul 2008 00:00:00 CDT</pubDate>
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<title>Downtown gets international tax-free zone</title>
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<description>GALVESTON &#8212; The Historic Downtown Galveston Partnership announced the designation of downtown as an international tax-free shopping zone.</description>
<pubDate>Sat, 26 Jul 2008 00:00:00 CDT</pubDate>
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<title>Island woman appeals to high court</title>
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<description>GALVESTON &#8212; The legal fight lingers about whether the city violated the Texas Open Meetings Act when it considered leasing land to BP four years ago.</description>
<pubDate>Tue, 15 Jul 2008 00:00:00 CDT</pubDate>
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<title>Port secures $28.1M for improvements</title>
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<description>GALVESTON &#8212; The Port of Galveston has secured a $28.1 million loan, moving forward a renovation of aging and sometimes rotting public docks.</description>
<pubDate>Tue, 08 Jul 2008 00:00:00 CDT</pubDate>
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<title>Kroger cleaning up meat section after recall</title>
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<description>The county&#8217;s Kroger supermarkets sterilized equipment and removed ground beef from a supplier whose products were linked to the E. coli bacteria, the company said.</description>
<pubDate>Thu, 03 Jul 2008 00:00:00 CDT</pubDate>
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<title>Port extends Gulf Copper&#8217;s rent payment</title>
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<description>GALVESTON &#8212; The Board of Trustees of the Galveston Wharves agreed Monday to give Gulf Copper 120 days to pay its $5.1 million  rent.</description>
<pubDate>Wed, 25 Jun 2008 00:00:00 CDT</pubDate>
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