Business


Texas factories continue rebound; September output rises

Texas factories continue rebound; September output rises

Production at Texas factories continued to bounce back in September, posting a second straight month of gains as the sector rebounds from a slowdown earlier this year, according to a report issued Monday by the Federal Reserve Bank of Dallas.
Report: Apple talking to companies in vehicle tech

Report: Apple talking to companies in vehicle tech

Apple, which laid off dozens of employees from its secretive car project this month, is increasingly seeking help from outside companies with expertise in vehicles.
To lure customers, high-end stores load up on luxury

To lure customers, high-end stores load up on luxury

Buying some suits at Ralph Lauren might mean being offered a chauffeured ride home in a BMW. New clothes from Saks could lead to a Mercedes-Benz van carrying a customized wardrobe pulling up to a home, hotel or office.

Top Local Business Stories of the Week

BLUE BELL RECALLNew listeria scare prompts another Blue Bell recall: A new listeria scare prompted Brenham-based Blue Bell Creameries and one of its vendors to issue a voluntary recall last week.

Up the Ladder

AccountingWeaver has named Brandon Drews partner in its Austin office.FinancialSimpler Trading has named Nick Ferris chief operating officer.
Council gives initial OK to contentious East Austin project

Council gives initial OK to contentious East Austin project

In a case that underscores the debate over East Austin’s gentrification, the Austin City Council has given initial approval for a zoning change that would allow a developer to build 340 upscale apartments on part of a site where a mobile-home park now sits.
Google Trips takes you where you want to go

Google Trips takes you where you want to go

Google launched its trip-planning app Google Trips this week, available on Android and iOS. Marketed to the modern tourist, the app boasts stress-free planning, personalized activity ideas based on time, place, and weather, and an easy-to-use interface.
After sale, Time Warner Cable is now Spectrum

After sale, Time Warner Cable is now Spectrum

The largest cable TV company in Central Texas has a new name and a new assortment of products.With its acquisition of Time Warner Cable now complete, Stamford, Conn.
Wells Fargo CEO raked over coals by Congress

Wells Fargo CEO raked over coals by Congress

Wells Fargo's longtime chief executive endured more than two hours of stiff questioning during a Senate hearing Tuesday, as his attempt to apologize for a scandal involving millions of sham accounts reignited anger over whether the big banks are being held accountable for their misdeeds.
It’s almost autumn. Can you tell in South Florida?

It’s almost autumn. Can you tell in South Florida?

Editor’s Note: Like fall, this story comes around annually. Parts of it have run previously, but it captures that elusive feeling of Florida fall so well that we thought we’d share it again.
Whole Foods, EPA reach deal in $3.5 million fine

Whole Foods, EPA reach deal in $3.5 million fine

Austin-based Whole Foods Market says it has launched a series of new environmental efforts related to certain hazardous waste after announcing a settlement deal with the U.
Wanted: Developer for county-owned block in downtown Austin

Wanted: Developer for county-owned block in downtown Austin

One of downtown Austin’s most high-profile undeveloped blocks is up for grabs.Travis County is seeking proposals from developers who might be interested in transforming the property, which was proposed as a site for a new courthouse until voters said no to that plan.
Amazon continues swift growth in Austin

Amazon continues swift growth in Austin

Seattle-based Amazon.com has quietly grown its Austin corporate offices since opening in the Domain area in the summer of 2015, more than doubling its Central Texas workforce to 350 and on the hunt for more.
As Amazon grows, so does demand for Austin workers

As Amazon grows, so does demand for Austin workers

Seattle-based Amazon has quickly grown its Austin corporate offices since launching in the Domain area in the summer of 2015, more than doubling their workforce to 350 employees and is currently on the hunt for more than 100 new workers.

Finding money lessons that actually stick

Efforts to make us smarter about money don’t seem to be working. A Harvard Business School study found personal finance classes taught in high school had no effect on “financial outcomes,” such as how much people saved or how likely they were to miss payments on debt.

Web pioneer Minor placed major bet on VR

Halsey Minor is no stranger to being at the bleeding edge of a new industry. Over his more than two-decade career as an tech entrepreneur and businessman, Minor has been involved with numerous pioneering startups.

Up the Ladder

BankingJ.P. Morgan Private Bank has named Marice Brown Central Texas market manager.TechnologyDatical has named Matt Fox vice president of business development.

How should you navigate difficult co-workers, toxic workplaces?

When federal regulators this month exposed a staggering scandal at Wells Fargo bank, it got me wondering: How could workers learn to survive potentially toxic workplaces filled with high-pressure tactics, claims of bullying and worse, allegations of illegal activity.
A year after listeria scandal, Blue Bell still battling back

A year after listeria scandal, Blue Bell still battling back

More than a year after Blue Bell ice cream returned to local store shelves in the wake of the first recall in its history, business for the iconic Texas brand appears almost back to normal.
Top Local Business Stories of the Week

Top Local Business Stories of the Week

SEAHOLM SALEAustin’s renovated Seaholm develppment gets new ownership: The Seaholm mixed-use project on downtown Austin’s west side has a new owner.

Business Digest: Layoffs hit Austin-based The Daily Dot

MEDIALayoffs hit Austin-based The Daily DotAustin-based media company Daily Dot, an online publication that covers news and culture of the Internet, has laid off about 15 staffers, according to reports that originated at Politico.
Layoffs at Austin-based newspaper of the web, The Daily Dot

Layoffs at Austin-based newspaper of the web, The Daily Dot

Austin-based media company Daily Dot, an online publication that covers news and culture of the Internet, has laid off about 15 staffers, according to reports that originated at Politico.
Austin IRS facility to close; union says 2,400 jobs at stake

Austin IRS facility to close; union says 2,400 jobs at stake

An Internal Revenue Service submission processing center south of downtown Austin is slated for closure, a move the union representing Treasury Department workers says could leave about 2,400 Central Texas employees without jobs.
Austin’s job market keeps churning in August

Austin’s job market keeps churning in August

The Central Texas job market continued to churn along in August, maintaining its healthy pace of annual payroll growth and helping the area’s jobless rate hold steady.
Restoration Hardware looks to future with new Austin concept

Restoration Hardware looks to future with new Austin concept

It’s quite possibly the nicest home furnishings store in the world.That’s how brothers Nicholas and Harrison Condos, who have visited countless countries promoting their patio furnishings, describe RH Austin, The Gallery at The Domain.

Austin metro grows jobs in August

Central Texas employers added more than 30,900 jobs in August, continuing a healthy pace of payroll growth and helping hold the jobless rate steady.
Central Texas home sales, median price rise in August

Central Texas home sales, median price rise in August

Central Texas’ summer home-selling season ended on a strong note in August, with annual gains in both home sales and median prices, the Austin Board of Realtors said Thursday.
The robot life of Riley, li'l security guard

The robot life of Riley, li'l security guard

Our new roommate is adorably vigilant, diminutively watchful, a very small defender. The name is "Riley" and Riley is less than four inches tall.
Central Texas home sales climb 5.3% in August

Central Texas home sales climb 5.3% in August

Central Texas’ summer home-selling season ended on a strong note in August, with annual gains in both single-family home sales and median home prices, the Austin Board of Realtors said Thursday.
Austin’s renovated Seaholm project gets new owner

Austin’s renovated Seaholm project gets new owner

The Seaholm mixed-use project on downtown Austin’s west side has a new owner.Los Angeles-based CIM Group and Austin-based Seaholm Power LLC said Wednesday that they have sold all of the retail, office and restaurant space in the newly redeveloped 7.

Austin-based Golfsmith files for bankruptcy

Austin-based golf retailer Golfsmith International Holdings has filed for bankruptcy, saying the company could have to liquidate its assets if it can’t find a buyer.
Austin’s Fairmont unveils $6 million pedestrian bridge plan

Austin’s Fairmont unveils $6 million pedestrian bridge plan

The developer of the Fairmont hotel in downtown Austin unveiled the design of a $6 million pedestrian bridge that will connect the hotel to the Austin Convention Center and that the developer says could spur continued revitalization along Waller Creek.

Business Digest: Oil prices hit by downward revision to demand

OIL & GASOil prices hit by downward revision to demandLONDON — Oil prices took a pounding Tuesday after a leading industry group said global oil demand growth is slowing by more than previously thought, largely because of a more pronounced economic slowdown during the third quarter of the year.
More shops, restaurants coming to Domain Northside

More shops, restaurants coming to Domain Northside

Domain Northside, The Domain’s third and final phase, continues to land new tenants.The latest additions include 24 Diner, Golden Bones Boutique, Hat Creek Burger Co.
Rodeo Austin picks a new leader

Rodeo Austin picks a new leader

Rodeo Austin, one of Austin’s signature events, has roped a new leader.Rob Golding, who has served in the past decade as founding principal, chairman and CEO of Live Oak Gottesman, a commercial real estate development and services company, takes over as CEO of Rodeo Austin, which emphasizes entertainment and education as well as preserving the culture of the West.
Rodeo Austin picks new leader

Rodeo Austin picks new leader

Rob Golding, new CEO of Rodeo Austin. Rodeo Austin,  one of Austin’s signature events, has a new leader.
Construction boom driving economic growth for many states

Construction boom driving economic growth for many states

Nearly a decade after recession stalled construction nationwide, the industry is roaring back: In 43 states, construction is now contributing more to the economy than it did in 2010, creating a demand for skilled workers and transforming skylines from Boston to Oklahoma City.

Study: Nagging can be good when it comes to debt

No one likes to be nagged. But a bit of prodding — with periodic emails or online messages — can help consumers reduce their credit card debt, a new study has found.

As performance reviews wane, how can companies give feedback?

Feedback done well can stitch an organization together. But few companies do it well.That could explain why a growing number of companies are ditching standard year-end performance reviews and ratings, including Goldman Sachs and General Electric.
Officials: Direct flights to Mexico show Austin’s emergence

Officials: Direct flights to Mexico show Austin’s emergence

Anurag Kumar travels to Mexico every four to eight weeks. Employees from his Austin-based software development firm, iTexico, travel to Guadalajara almost every week on business trips to the company’s delivery center, which houses 135 of its 145 employees.
End of an era

End of an era

South Congress Avenue has transformed dramatically over the decades, but life inside Monty & Danny’s Barber Shop, which opened near Live Oak Street in 1958, still feels the same.

Low-tech still works: Survey finds most prefer printed books

Even with Facebook, Netflix and other digital distractions increasingly vying for time, Americans’ appetite for reading books — the ones you actually hold in your hands — has not slowed in recent years, according to a study by the Pew Research Center.
Top Local Business Stories of the Week

Top Local Business Stories of the Week

DELL DEAL FINALIZEDDell completes acquisition of EMC Corp.: Dell Technologies last week finalized its $63 billion purchase of EMC Corp.

Austin’s hotel boom continues, especially downtown

A hotel building boom continues unabated in Central Austin, pumping hundreds of millions of dollars into the local economy, creating jobs and, experts say, helping grow Austin’s tourism industry.
South Congress plan: Mixed-use project in, small businesses out

South Congress plan: Mixed-use project in, small businesses out

More change is coming to South Congress Avenue.Plans are in the works for a mixed-use project on Congress, south of downtown Austin, on several properties that now are home to everything from the popular Doc’s Bar & Grill to a movie-monster wax museum.
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