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Business Digest: New Target store near UT campus delayed


RETAIL

New Target store near UT campus delayed

A new Target adjacent to the University of Texas campus won’t be open in time for the start of the fall semester.

The small-scale store, which will be located in the Dobie Twenty21 residential and retail tower at 2021 Guadalupe St., had been slated to open in July, but that’s now been pushed back to October.

A typical Target is about three to four times larger than the one planned for The Drag. When it opens, the 22,000-square-foot store will have a curated assortment of products that will include groceries, apartment and dorm essentials, beauty items, men’s and women’s clothing and portable tech gear.

The store will also have a Target Mobile kiosk and will offer online order pickup.

Across the country, Target is on a building spree, planning smaller stores near a number of college campuses, including the University of North Carolina-Chapel Hill, University of Southern California, University of California-Irvine, University of Florida, Ohio State University and Michigan State University.

AUTOMAKERS

Regulators OK fix for more VW models

SAN FRANCISCO — U.S. and California regulators approved a fix for more Volkswagen cars caught up in the company’s emissions cheating scandal, giving their owners an option to keep the vehicles instead of having the automaker buy them back, regulators announced Friday.

The modification to bring the vehicles into compliance with U.S. emissions standards applies to about 84,000 Passats with automatic transmission from model years 2012 to 2014, according to Volkswagen. Regulators previously approved a fix for another 67,000 2-liter Volkswagens. More than 550,000 vehicles in the U.S. were implicated in the scandal.

The automaker has acknowledged that the vehicles were programmed to turn on emissions controls during government lab tests and turn them off while on the road.

LABOR RELATIONS

Union: 40K walking off job at AT&T this weekend

The Communications Workers of America union says that up to 40,000 AT&T workers have started walking off the job over contract fights with the phone company. They’ll return to work Monday.

That includes 21,000 workers on the wireless side of the company, which the union says raises the prospect that some cellphone stores could be closed this weekend in Washington, D.C., or one of the 36 states affected. Wireless workers want wage increases that cover higher health care costs, better scheduling and promises from the company to not cut jobs.

Some 17,000 other potential protesters come from AT&T’s home phone, internet and cable division in California, Nevada and Connecticut. Another 2,000 are DirecTV workers in California and Nevada.

Dallas-based AT&T says it has a contingency workforce” ready in preparation for the walkouts.

AUTOMAKERS

Fiat Chrysler seeks diesel certification from EPA

WASHINGTON — Fiat Chrysler has applied for diesel emission certifications for its 2017 Jeep Grand Cherokee and Ram 1500 models after months of talks with federal and state agencies.

The applications come after the Environmental Protection Agency and the California Air Resources Board in January alleged the automaker used software in previous model years that allowed the vehicles to emit more pollution on the road than showed up in emission tests. FCA denied that allegation.

FCA said it has updated the faulty software that the EPA said affected 104,000 Grand Cherokee SUVs and Ram pickups for model years 2014-16. The automaker said it would install the updated software in the 2014-16 models pending approval from the EPA and California Air Resources Board.

The automaker said Friday the update should resolve the agencies’ concerns about the emissions software in those vehicles.



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