Business

Reporting and commentary on Texas businesses and the trends and innovation happening in our state
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Business|
February 1, 1985

The Last Roundup

“When the cowboys on the 06 ranch talked about losing a way of life, they often pointed to their neighbor, Clayton Williams, as an example of what they meant. He was a millionaire and an oilman, and he represented everything they hated.”

Business|
November 1, 1984

Trashy Business

When Houston’s rich and powerful join forces with environmentalists to battle big corporations, they can be fighting over only one thing. Garbage.

Energy|
October 1, 1984

Feasting on the Oil Glut

So you think that OPEC controls the price of oil and that the glut is hurting everybody in the oil business? Wrong. Traders on the international spot market are pulling the strings and getting rich in the process.

Business|
September 1, 1984

The Night Crew

There are a hundred of them, and their job is invisibility. They come into giant office buildings after everyone has gone home and, if they do the job right, make the evidence of the day’s work disappear.

Politics & Policy|
May 31, 1984

The Man in the Black Hat, Part One

Clinton Manges built his empire on brushland and oil wells, political contributions and lawsuits. His influence extends to the state capitol and oil company boardrooms. To get where he is, he studied under three masters of South Texas.

Business|
May 1, 1984

High Noon at the Circle C

Gary Bradley, a hot young land speculator in Austin, was in the middle of a $50 million deal when he ran into an outraged environmental movement and a lobbyist with some powerful clients. The fight was on.

Business|
November 1, 1983

Twofers

They are the quirky enterprises that offer two things under one roof—like shrimp and guns, steaks and loans, or eggrolls and gasoline.

Business|
September 30, 1983

Wal-Marts Across Texas

An Arkansas chain has refused to discount small-town buying power. Now it’s ousting local mom-and-pop operations throughout Texas and even giving K Mart a run for its money.

Business|
August 31, 1983

The Big Con

From his early days in Big Spring, Eugene Anderson wasn’t what he seemed; neither was the mysterious element he later claimed turned water into fuel.

Business|
July 31, 1983

Anyplace But Texas

Texans may secretly yearn to live east of the Mississippi or across the Atlantic, but the next best thing is a subdivision named Yorktown, Nottingham County, or village Green West.

Energy|
June 30, 1983

The Gambler

Jack Young was the eighties’ oil boom in the flesh. Unfortunately, he also personifies the aftermath of the bust.

Business|
April 30, 1983

A Monument to Making It

It’s a Xanadu of condos, restaurants, gardens, and gyms, a high-tech haven that can outritz nearby Dallas. It’s Las Colinas, a home for corporations that appreciate the finer things in life.

Energy|
October 1, 1982

“It’s Time To Make a Deal”

The inside story of Boone Pickens’ adventures in the Wall Street merger game, featuring action, suspense, drama, a few laughs, and a special guest appearance by President Ronald Reagan.

Business|
January 1, 1982

Trust Me. Just Sign Here.

Whenever you buy or sell a house, hundreds of dollars of your money goes for something called title insurance. Title insurance is a great deal—for the title company.

Business|
December 1, 1981

Oscar’s Follie

Coastal Corporation’s mastermind, Oscar Wyatt, keeps everyone guessing these days—from the IRS to society columnists to stock analysts.

Business|
October 1, 1981

Losing Big

Everybody knows the story about the young Texan who goes into business, works hard, and makes millions. But what happens when his luck runs out?

Energy|
July 1, 1980

Profits? What Profits?

Reading Big Oil’s annual reports for the truth about profits is a little like drilling for oil in the Baltimore Canyon: you know it’s there, but how deep will you have to go to find it?

Business|
March 1, 1980

Hustlers and Fortune Hunters Beware!

When the cable TV salesman comes calling, you should fully expect your city council to sell you down the river. Not that they mean to do it. It’s simply that history shows most city councils don’t know the first thing about cable. People who can barely figure out the briefs

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