Economics, employment, jobs, real estate, taxes, economic development and incentives, workforce development, IPOs, investment and anything related to business in Austin and the Central Texas counties of Travis, Hays, Caldwell, Bastrop and Williamson
Texas bars can reopen at 25% capacity today – just in time for Memorial Day weekend. Even with the limited number of customers, it’s a good opportunity to make back some of the money these businesses have lost after months of closures.
But while many bars are eager to reopen, some aren't quite ready yet.
Restaurant servers, retail cashiers and movie theater concession workers in Texas could be called back to work as soon as Friday, in the first phase of the state's emergence from a coronavirus shelter-at-home order.
The federal government is adding another $310 billion to help small businesses hold onto workers through the coronavirus pandemic. The first round of $349 billion ran out in less than two weeks. And, perhaps, as with the first round, where businesses bank could be a big factor in whether they get a loan.
The City of Austin and Travis County are partnering to form a task force focused on reopening the local economy. The Opening Central Texas for Business Task Force will be spearheaded by the Greater Austin Chamber of Commerce.
The line outside the door at Central Texas Gun Works on March 12 took owner Michael Cargill completely by surprise. The day before, business had been flowing as usual: a steady stream of two or three customers at a time stopping in to the small Austin store to browse, buy, or sign up for gun licensing and safety classes.
The stay-at-home order that’s kept Austinites spending most of their time at home for the last couple weeks has also increased demand on the “essential” businesses left to supply them with goods. That includes grocery stores and restaurants, but also breweries.
Austin small businesses and nonprofits hurt by the COVID-19 crisis can now apply for emergency loans from the U.S. Small Business Administration (SBA). The Austin City Council is also considering a gap-financing program that could provide loans to applicants as they await the federal loans.
To say businesses in Austin are getting hit hard by the coronavirus pandemic is putting it lightly. The City of Austin on Tuesday ordered all bars and restaurants to close their dining rooms, restricting businesses to takeout and delivery-orders only.
Cindy Lo spent the weekend after South by Southwest was canceled reassessing things. The owner of Red Velvet Events and her 27 employees have a reputation for transforming spaces into experiences for clients like Mercedes Benz and Tito’s Vodka. The loss of the festival could have been worse for her.
Some Capital Metro bus drivers wore black makeup or a black sticker under their eyes Wednesday in a symbolic "Black Eye" protest of drawn-out labor negotiations between their union and a Cap Metro contractor.
Atari plans to open a video game-themed hotel in Austin.
The company announced Monday it had partnered with Napoleon Smith III, the producer of the recent Teenage Mutant Ninja Turtle movies, and GSD Group, a branding and strategy firm, to open theme hotels in eight cities.
The Texas economy kept humming along in 2019, though at a slightly slower tempo than in the last few years. And while Austin will continue to grow in 2020, that growth will slow to what one economist calls a "more normal" rate of growth.
Private space flight company Blue Origin launched its New Shepard rocket Wednesday.
The company – owned by Amazon's Jeff Bezos – nixed plans for a launch Tuesday due to weather conditions. This morning’s flight is the first test flight in seven months at the company's Van Horn facility.
Big changes are ahead for H-E-B stores in South Austin next year. The company says it's investing $200 million to open three new stores. Meanwhile, three other locations are closing – two of them permanently.
ByLisa Marie Pane | The Associated Press•Dec 4, 2019
Background checks on gun purchases in the U.S. are climbing toward a record high this year, reflecting what the industry says is a rush by people to buy weapons in reaction to the Democratic presidential candidates' calls for tighter restrictions.
President Donald Trump will be in Austin on Wednesday for a tour of a new Apple manufacturing plant.
Trump has had six public visits to Texas this year, during a time in which questions have been raised about whether the dependably red state will be competitive in the 2020 elections. Here's what you need to know about his visit.
The business, owned by the German luxury-car maker Daimler, allows people to rent cars by the minute. In a message posted on the car2go website Friday, the company said it "underestimated the investment and resources that are truly necessary to make our service successful in these complex transportation markets amid a quickly-changing mobility landscape."