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Real Austin. Real News.
I’m risk averse, so I’m fully invested in the “F” Fund in the Federal Thrift Savings Plan. It is supposed to mirror the index for U.S. bonds and has done OK. Recently I saw John Bogle on CNBC. He said you should always have at least 30 percent in stocks. ...
Austin-based restaurant chain Mama Fu’s is planning for a significant expansion across Texas this year. Company President and CEO Randy Murphy says the Asian food chain will be opening locations in Houston, Dallas-Fort Worth, Temple and Waco in the next 12 months. That’s in addition to locations in Lubbock and ...
Just a few more months. With financing in place, a crucial city variance obtained and most equipment already selected, work will begin this month on Wheatsville Food Co-op’s second Austin location, which will be at 4001 S. Lamar Blvd. The store is expected to open June 1, according to general ...
“Yeah, I’ll bet they start means-testing Social Security soon. If you make a bunch of money, you won’t be able to collect any benefits.” Lots of people make such comments. Lots of other people listen seriously. “Means-testing” seems to be a quick solution for the inadequate funding of future Social ...
COMPLEX DEBATE Lawmakers want a freeze on public-private plans for Capitol complex: Concerns about the future development of the Capitol complex prompted an influential group of Texas lawmakers last week to call for a time-out on unsolicited proposals for public-private projects around the state. “Did any of us really envision ...
January can be the time for grim reckonings in the investment world, and some analysts are taking a harder look at two personal computer industry stalwarts, Dell Inc. and Hewlett-Packard Co. Stocks for both companies suffered in 2012 as the global PC industry was hit by weakening international sales in ...
It’s a cold, sleeting day outside the new P. Terry’s Burger Stand off Loop 360 in the Village at Westlake shopping center near Westlake High School. The lunch rush hasn’t started yet — and given the weather, there might not be one. Seated in a booth by the door, Patrick ...
Legal servicesLloyd Gosselink Rochelle & Townsend has named Adriane “Addie” Crimmins legislative and governmental relations coordinator.Public relationsElizabeth Christian & Associates Public Relations has named Lindsey Gehrig director. Previously, Gehrig was senior account executive.TechnologySecureNet Payment Systems, a developer of payment processing technology, has named Joni Floyd executive vice president of merchant ...
TECHNOLOGY Apple CEO: China will be biggest market BEIJING — Apple expects China to overtake the United States as its biggest market, CEO Tim Cook told a Chinese government news agency. “China is currently our second largest market. I believe it will become our first. I believe strongly that it ...
Money woes are threatening the future of Hill’s Café, a well-known South Austin restaurant and live music venue. Radio personality Bob Cole, majority owner and general operating partner of Hill’s Café, says sales have dropped dramatically in recent years and are now so low that there’s barely enough cash to ...
Job switches and other changes make it likely that you’ll get a new e-mail address from time to time. But people rarely change their cell phone number.That’s why Austin startup Vobi is building an online collaboration tool that users can access by using their mobile number instead of an e-mail ...
The stock price for Austin-based software maker Bazaarvoice Inc. fell sharply Friday after the U.S. Department of Justice filed an antitrust lawsuit against the company in connection with an acquisition it made last year. The Justice Department said in its lawsuit that the Bazaarvoice purchase of California-based PowerReviews Inc. for ...
Dell Inc. saw its shipments of personal computers slide downward in the fourth quarter as the PC industry limped to the end of a weak year, according to a market survey released Thursday by International Data Corp. Round Rock-based Dell, now the world’s third-largest PC maker, shipped 9.5 million units ...
BIOMEDICAL Medical device company closing Austin facility Zimmer Spine, which makes and sells a variety of orthopedic surgical implants, told workers Thursday that it is closing down its Austin operations and consolidating them in Minneapolis and Memphis. The Austin operation, which includes product development, marketing and sales, currently employs about ...
Central Texas’ office market ended on a strong note in 2012, with occupancy and rent rates for first-class space continuing their upward trend, according to Oxford Commercial. The year was marked by brisk activity in office-building sales, including 19 transactions pending at year’s end, Oxford said. In its fourth-quarter report, ...
The foundation supplementing the salaries of officials at the embattled state cancer-fighting agency on Thursday surrendered the names of its donors to the Legislature, prosecutors and reporters in an attempt to clear the air about its operations. The Cancer Prevention and Research Institute of Texas — or CPRIT — is ...
IBM Corp. continues to lead the technology world in new U.S. patents — and Austin is one of its most productive sites. Patent data released Thursday showed that IBM received a record 6,478 U.S. patents, well ahead of second place Samsung Electronics Co., which received 5,081. It marked the 20th ...
Concerns about the future development of the Capitol complex prompted an influential group of Texas lawmakers on Wednesday to call for a time-out on unsolicited proposals for public-private projects around the state. “Did any of us really envision the commercialization of the Capitol complex?” said state Sen. John Whitmire, D-Houston. ...
BUSINESS DEVELOPMENT Group seeks more R&D incentives for Texas businesses A new statewide coalition is lobbying to expand research and development incentives for Texas businesses. Texans for Innovation includes several industry groups, including the Texas Association of Business, Texas Association of Manufacturers, TechAmerica, TechNet, Texas Healthcare and Bioscience Institute, Texas ...
A second Westin Hotel is coming to Austin. White Lodging Services Corp. announced in September that it planned to build a luxury hotel at the northeast corner of East Fifth Street and San Jacinto Boulevard, but it did not disclose the brand . In an exclusive interview with the American-Statesman, ...
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