Business
January 21, 2013
Rio Grande Valley Tops List of “America’s Poorest Cities”
McAllen and Brownsville occupy the no. 1 and 2 slots on a new list based on data from the U.S. Census Bureau's 2011 American Community Survey.
Business
Reporting and commentary on Texas businesses and the trends and innovation happening in our state
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Business
January 21, 2013
Texas Business Report: Medicare Fraud Arrests at Riverside General Hospital
The feds arrested the CEO of Houston’s Riverside General Hospital and six other hospital employees Thursday, accusing them of bilking $158 million from the Medicare program over the past seven years.
Business
January 21, 2013
The World v. American Airlines
Fallout from the Fort Worth-based airline's Chapter 11 bankruptcy reorganization leads to unprecedented delays, an unhappy pilot's union and even unhappier (and vocal) consumers.
January 21, 2013
Jerry’s Secret? Cowboys Stadium Goes “PINK”
Give me a W! Give me a T! Give me an F! The Dallas Cowboys become the first National Football League team to have its very own in-stadium Victoria's Secret PINK boutique.
Business
January 21, 2013
Dr Pepper “Progress of Man” Parody Becomes Silly Facebook Controversy
There's another Dr Pepper boycott in the works, and this one has nothing to do with real cane sugar.
Business
January 21, 2013
Company to Take ABC News to Court Over ‘Pink Slime’ Label
Beef Products, Inc. sued ABC News for defamation over the network's reporting on the company's lean finely textured beef product.
Business
January 21, 2013
Rick Perry’s Excellent Italian Adventure
The governor went to Europe to promote the Texas economic miracle—and play with race cars.
January 21, 2013
Texas Business Report: How Taxpayers Subsidized Construction of Cowboys Stadium
Taxpayers, who footed a large chunk of the bill for the new $1.2 billion Cowboys Stadium, got a raw deal, according to a new story in Bloomberg Businessweek.
Business
January 21, 2013
Glenn Beck Versus American Airlines
The conservative talk show host, who says he was mistreated by a liberal AA flight attendant, has devoted segments to the airline for the past two days.
Business
January 21, 2013
Harlingen Named Least Expensive City in America
Wichita Falls, McAllen, and San Marcos also made the top ten of a report from the Council for Community and Economic Research.
Business
January 21, 2013
Judge Issues Ruling from iPhone in Keystone XL Case
Lamar County Court-at-Law Judge Bill Harris fired off a fifteen-word email from his iPhone ruling that eminent domain laws gave TransCanada the right to lay pipeline through a Paris farm.
Business
January 21, 2013
What an Employer!
Whataburger sticks it to the man, filing a lawsuit against debt collector NCO for repeatedly calling the company's corporate headquarters in search of one employee.
Business
January 21, 2013
Five Texas Counties Led Nation in Job Growth Over Last Decade
The Texas economic miracle continues. Five of the nation's top ten counties for job growth are in Texas, according to CNN Money.
January 21, 2013
Mexican Pipeline Expansion To Be Fueled With Texas Gas
The new $8 billion project will be fed in part with natural gas from the South Texas and Eagle Ford Shale fields.
Business
January 21, 2013
Texas Business Report: Fracking Dealt Major Blow
A University of Texas study found that natural gas drilling may have led to seventy earthquakes in the Barnett Shale region.
January 21, 2013
Big Changes Shake Up Komen
Chief executive Nancy Brinker announced she will step down from her position in the company, but is it too little too late?
Business
January 21, 2013
Where Are the Nation’s Most Economically Segregated Cities?
San Antonio, Houston, and Dallas top a list of the nation's most economically segregated cities, according to a new study from the Pew Research Center.
Business
January 21, 2013
Will JC Penney Ever Be Successful Again?
Despite shaking up the department store chain's corporate leadership, the Plano-based retail giant continues to suffer.
Business
January 21, 2013
Breastaurant Chain Renames Town “Bikinis, Texas”
Bikinis Sports Bar and Grill will soon have its own eponymous Hill County tourist destination.
Business
January 21, 2013
Texas Business Report: Protect the Air, Judge Says
A Texas judge has decreed that the atmosphere and air are a "public trust," just like water.
Business
January 21, 2013
Texas Business Report: State Regulator Raises Energy Prices
The Texas Public Utility Commission decided Thursday to raise the price of wholesale energy by 50 percent.
Business
January 21, 2013
Texas Has Eight of America’s Fifteen Fastest-Growing Cities
Texas dominated a new U.S. Census Bureau growth survey.
Business
January 21, 2013
Report: Lack of Income Tax No Help to Texas Miracle
The Institute of Taxation and Economic Policy finds that the nine states with the highest personal income tax rates do as well or better as the nine states with no income tax at all.
Business
January 21, 2013
Allen Stanford Sentenced to 110 Years for Ponzi Scheme
The billionaire, convicted in March of running a $7 billion Ponzi scheme, faced up to 230 years in prison.
Business
January 21, 2013
The Mini-Controversy Over the Gay-Friendly JC Penney Ad
A recent Father's Day print ad for Plano-based retailer J.C. Penney featuring a gay couple has sparked praise as well as backlash.
Business
January 21, 2013
Texas Business Report: Low Natural Gas Prices Hurt Chesapeake Energy
Chesapeake Energy put 57,000 acres of crude oil and liquid natural gas fields in the Woodbine Sand area up for sale this week.
Business
January 21, 2013
Houston Couple Leaves $5,000 Tip
A waiter at D'Amico's Italian Market Café received a 18,518 percent from two regulars to cover the cost of a new car.
Business
January 21, 2013
International Flights from Hobby Airport to Start in 2015
Houston Hobby is set to become an international airport after the Houston City Council voted to allow Southwest to build an international terminal to fly to Latin America.
Business
January 21, 2013
Texas Business Report: Penney’s Performs Poorly
In addition to announcing a $163 million first-quarter loss this week, the ailing retailer, which has recently tried to reinvent itself, will no longer pay quarterly dividends.
Business
January 21, 2013
Is the Texas Farm Bureau Down with Gestation Crates?
Mike Barnett, director of publications for the Texas Farm Bureau, penned a blog post celebrating Domino's decision to continue sourcing pork from farms that use controversial gestation crates.
Business
January 21, 2013
Laredo Dentist Tries Hand at Plastic Surgery and Lying to Medicaid
A dentist who previously dabbled in unlicensed plastic surgery, pleaded guilty to making false statements to Texas Medicaid about procedures he conducted while he was on vacation out of state.
Business
January 21, 2013
United Airlines Had a Rough Month
Turbulence from the United-Continental merger bothered consumers in March, the month Continental flew its final flight.
Business
January 21, 2013
The Texas Miracle is Alive and Well
Texas cleaned up on Forbes' "Best Cities for Jobs" lists this year.
January 21, 2013
Texas Business Report: Texas Ranchers Again Investing in Cattle
With demand for beef high and herd sizes still low, ranchers are looking to buy more cows.
Business
January 21, 2013
American Airlines Wants its “Golden Tickets” Back
The bankrupt carrier has realized its AAirpasses, which allow ticket holders unlimited first-class flights, are costing the company millions of dollars in lost revenue.
Business
January 21, 2013
Texas Business Report: Austin Gets a Med School
The University of Texas Board of Regents approved plans for a medical school in the city, which could generate up to $2 billion for the local economy.
Business
January 21, 2013
Austin Named “America’s Fastest Growing City”
The city tops Forbes' annual list for the second year in a row, while Dallas, Houston, San Antonio all crack the top ten.
Business
January 21, 2013
Houstonians Want More Mass Transit
A recent study found that suburbs appear to be losing their luster to Houstonians, who expressed a preference for a more urban livestyle.
Business
January 21, 2013
Fightin’ Words: Scott Brown v. Whole Foods
The Republican senator from Massachusetts calls the Austin supermarket chain's sustainability standards "political correctness ... based on uncertain science."
Business
January 21, 2013
Whole Foods Saves Detroit?
The Austin grocery chain will open up a store in the Motor City's slowly revitalizing Midtown neighborhood next year.
Business
January 21, 2013
Will Hobby Become an International Airport?
United and Southwest are squabbling over whether Houston Hobby should become an international airport. Which airline will prevail?
News & Politics
January 21, 2013
Harold Simmons Wants More Waste to Fill His Dump
If you build it, will they come dump their nuclear waste? Not necessarily, as Dallas billionaire Harold Simmons is learning.
January 21, 2013
Texas Business Report: Appeals Court Sides with Texas over EPA
Texas Attorney General Greg Abbott scored a victory over the EPA this week over when a federal appeals court ordered the federal agency to take more time to consider Texas's pollution control measures.
News & Politics
January 21, 2013
Governor Perry Enjoys Some Delicious “Pink Slime”
Perry and four other governors visit an Iowa meat plant that processes "lean finely textured beef."
Business
January 21, 2013
Meet Warrior One, Southwest’s Newest (and Biggest) Plane
The airline unveiled its new 737-800 aircrafts, which have more seats and will allow for longer flights. First takeoff is scheduled for April 11.
Business
January 21, 2013
R. Allen Stanford Convicted of Running Massive Ponzi Scheme
The Houston financier was found guilty of orchestrating a multibillion dollar Ponzi scheme and now faces a life sentence for his crimes.
Business
January 21, 2013
How Many of the “One Percent” Live in Texas?
Houston and Dallas are sixth and seventh, respectively, in a new survey charting where "ultra-high net worth individuals," or people worth at least $30 million, live.
Business
January 21, 2013
Videos Starring Cross-dressing Flight Attendant Blasting American Go Viral
Several YouTube videos posted by American Airlines employee Gailen David have gone viral, angering top brass at the struggling company.
Business
January 21, 2013
Texas Business Report: AMR to Cut 13,000 Jobs
But the Emerging Technology Fund has added 820 jobs, and Houston has two of the top-selling subdivisions.
Business
January 21, 2013
“Businessweek” Does Continental/United Cover Story
One month before the Continental name gets scrapped for good, Businessweek explores the nuts and bolts of merging with United.