Business
August 31, 2012
Cell! Cell! Cell!
As cancer hospitals in Dallas try to compete with Houston’s M.D. Anderson, the medical technology arms race is heating up. Is that good news for patients?
Business
Reporting and commentary on Texas businesses and the trends and innovation happening in our state
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Business
August 31, 2012
Texas Business Report: Hurricane Isaac Could Set Oil Companies Back $1 Billion
"Damage to fixed, floating and underwater assets” including offshore platforms and pipelines could shut down 95 percent of production in the Gulf.
Business
August 30, 2012
More Jobs Created in California Than Texas
New numbers from the Bureau of Labor Statistics show that California added some 142,000 more jobs than Texas in the last twelve months.
Business
August 24, 2012
Samsung Pumps $4B into Austin Plant
The technology giant's investment is “the largest in size to be made by a foreign company in Texas.”
Business
August 17, 2012
Downtown Austin’s Construction Boom
The New York Times took note of the dozens of hotel, retail, office, and residential projects underway in downtown Austin.
Business
August 3, 2012
Texas Business Report: Small Bank in Big Spring Takes On Dodd-Frank Law
The State National Bank of Big Spring claims that the controversial law is unconstitutional.
July 17, 2012
George W. Bush’s Armchair Economic Advice
The George W. Bush Institute released its first book today, titled "The 4 Percent Solution: Unleashing the Economic Growth America Needs."
Business
July 11, 2012
Scofflaws Not Paying Their Toll Bills Are Revealed
The North Texas Tollway Authority published a list of more than 26,000 offenders who allegedly owe the system thousands of dollars.
July 10, 2012
Academy Versus Academi
The private security firm once known as Blackwater changed its name (for the second time) to Academi last year. Katy-based Academy Sports and Outdoors has cried foul, filing a federal lawsuit.
Business
July 6, 2012
The Week in Business: Health Care in Texas Lags Behind Other States
Texas came in last place for health care delivery in a new federal study.
Business
June 25, 2012
The Rise of Breastaurants
Addison-based Twin Peaks, one of the nation's top "breastaurant"chains, saw sales grow by thirty percent last year.
Business
June 15, 2012
Texas Business Report: Frito-Lay Focuses on Fancy Snacks
The Plano-based company will be adopting a "1 percent-99 percent strategy" by emphasizing both high-end products, like Stacy's Pita Chips, and "value" items, like Cracker Jack.
Business
June 8, 2012
Texas Business Report: Orthofix Settles Medicare Fraud Case
The Lewisville-based company agreed to pay $42 million for accepting "overpayments by federal programs," U.S. Airways dances the acquisition tango with American, and more Texas business news.
Business
June 7, 2012
Should Neiman’s Take Back $1.4 Million in Cheating Husband’s Gifts?
Bedridden for nearly three years after a car wreck, Patricia Walker alleges her husband had an affair with her personal shopper, who earned a commission on every gift Mr. Walker bought his wife.
Business
May 15, 2012
Imperial Sugar Site Development Angers Some Sugar Landers
Some Sugar Land residents are upset about a mixed-use development that would build 325 luxury apartments in the abandoned Imperial Sugar refinery.
Business
May 9, 2012
ExxonMobil Tops Fortune 500
With $452.9 billion in revenue and profits surging to $41.1 billion, the Irving-based company reclaimed the number one spot from Walmart.
Business
April 27, 2012
Texas Business Report: Amazon to Tax Texans
The giant of internet retail will start collecting taxes on Texas purchases in July, and has promised Comptroller Susan Combs it will make $200 million in capital investments in the state.
Business
April 20, 2012
Texas Business Report: Math Standards Divide State
The Texas Association of Business criticizes the State Board of Education's math curriculum and working in Texas pays off for women.
Business
April 16, 2012
Jeff Skilling Gets Denied. Again
The Supreme Court rejected the ex-Enron CEO's latest appeal, a move that is hardly surprising to most Houstonians.
Business
April 13, 2012
Texas Business Report: The State Sues Apple
Texas joins fourteen other states in a lawsuit against Apple, AT&T dumps the Yellow Pages, and Mattress Firm will get a great night's sleep after it becomes the largest bedding chain in America.
Business
April 12, 2012
Nude Maids Make Lubbock Feel Filthy
Lubbock was rocked by news of a nude housecleaning service this week. Three other jobs where people bare it all on the job.
Business
April 6, 2012
Texas Business Report: Tornado Property Damage Claims Relatively Low
Dallas insurers say claims are lower than expected, the home construction slump adversely affects the ice-production industry, and other business news.
Business
April 3, 2012
Condemning the Judges Who Eviscerated the Open Beaches Act
Land Commisioner Jerry Patterson, former Galveston legislator A.R. Schwartz, and TEXAS MONTHLY's Paul Burka all blast the Texas Supreme Court for last week's ruling.
Business
March 23, 2012
Texas Business Report: Lockheed’s F-35 Fighter Jets Cost Too Much
The first fleet of Lockheed Martin’s F-35 fighter jets, which are produced in Fort Worth, are roughly $1 billion more expensive than anticipated.
News & Politics
March 22, 2012
‘Wall Street Journal’ Snags Interview with Big Spender Harold Simmons
The press shy billionaire calls Karl Rove his "personal political muse" and reveals why he's bent on defeating President Barack Obama.
Business
March 15, 2012
Space: A Profitable Frontier?
Richard Garriott, the video game pioneer and tireless proselytizer of private space flight, posits that old-fashioned entrepreneurialism will drive space exploration in the coming decades.
Business
March 9, 2012
Texas Business Report: Texas Enterprise Fund Spends $21 Million to Woo Apple
The state pays big bucks to bring Apple (and 3,600 jobs) to Austin, Texans eat out more often than residents of any other state, and the Capitol City will bring in $264 million this month.
Business
March 5, 2012
Is Fear of Obama’s Reelection Prompting Run on Gun Stores?
Local gun stores have seen record sales, and in 2011, the FBI conducted more than one million background checks in Texas alone.
March 2, 2012
Texas Business Report: Blockbusted
Blockbuster shuts down one-third of its locations, international business out of Texas goes gangbusters, and home prices increase in San Antonio and Houston.
Business
March 1, 2012
Plane Management
I hate flying. I don’t mean that I’m a legitimate, doctor-approved aerophobe who munches Xanax like candy and lunges for the barf bag at the first sign of turbulence. I just dislike the minor ordeal of air travel—the security lines, the required partial disrobing and unpacking, the “huddled masses”
Business
February 28, 2012
Warren Buffett’s Texas-sized Mistake
In his annual letter to shareholders, Warren Buffett writes that Berkshire Hathaway's $2 billion investment in TXU Corp.'s bonds could be wiped out if natural gas prices do not rise.
Business
February 24, 2012
Texas Business Report: BP Gets in the Wind Game
BP has invested more than $1 billion in wind energy in Texas, Dell's stocks take a dip, and every minute spent waiting in line at the border costs companies $116 million.
Business
February 10, 2012
Texas Business Report: The Future of the Internet Could be Decided . . . in Tyler?
A Tyler man says he invented the technology that laid the groundwork for the web, Frito sales are on the rise, and Rice could help offer open-source textbooks.
Business
January 30, 2012
New Pleasure Pier Under Construction in Galveston
Restaurant mogul Tilman Fertitta is building a $60 million amusement park on the pier where the old one used to sit.
January 20, 2012
The Week in Business: Profits, Losses, and Everything in Between
A hedge fund scandal revolves around Dell, AT&T turns its gaze on Dish Network, and Houston executives rake it in.
Business
January 19, 2012
Allen Stanford Trial to Start Monday
Houston's own mini-Madoff, who is accused of orchestrating an international $7 billion Ponzi scheme, finally goes to court.
Business
January 11, 2012
Are Twinkies in Peril?
Irving-based Hostess Brands, the maker of the indestructible snack cake, has filed for Chapter 11 bankruptcy protection for the second time since 2004.
Business
January 9, 2012
VIDEO: Houston Eschews Preservation and Demolishes Historic Skyscraper
It took less than twenty seconds to take down the sixty-year-old MD Anderson building, which was demolished to make way for new clinical space.
Business
January 6, 2012
The Week in Business: Profits, Losses, and Everything in Between
Another hiccup for AT&T, American Airlines's parent company gets delisted, and San Antonio will now be the mechanic for America's most famous plane.
Business
December 22, 2011
The Week in Business: Profits, Losses, and Everything in Between
Valero doesn't get a break, Southwest lands a new fleet, and Star Wars fanatics rejoice.
Business
December 19, 2011
The Cattle Industry Could be Forever Changed
Texas shed roughly 600,000 cattle in 2011, record drop that threatens to reshape the industry.
Business
December 7, 2011
OSHA Files Whistleblower Lawsuit Against Whole Foods
The federal agency claims that Whole Foods’ Miami store fired an employee for complaining about a ruptured sewer line.
Business
December 2, 2011
Enron: Ten Years Later
It’s been exactly one decade since the energy company filed for bankruptcy, forever changing Houston and the U.S. economy.
Business
December 2, 2011
Drop in Juárez Murder Rate Is Bad for Funeral Business
The El Paso Times reported that as Juárez’s murder rate drops, funeral homes suffer, a story that elicited horrified reactions from the community.
Business
December 1, 2011
Enron Ever After
Ten years ago this month, the company that once dominated Houston collapsed in a cloud of debt. But its ghost still haunts the city—and America.
Business
November 30, 2011
The State Made Sure Its Portrayal in “Top Chef: Texas” Was Appetizing
The state forked over $600,000 to lure the Bravo show to Texas, but placed some restrictions on the show for accepting the cash.
Food & Drink
November 30, 2011
Yao Ming Dabbles in Viticulture
Fresh into his retirement from the Houston Rockets, Yao Ming has taken up viticulture and is hoping his cachet in China will help him sell wine in his home country.
Business
November 29, 2011
American Flies on After Filing for Bankruptcy
“Business as usual” was the phrase on everybody's tongue after American Airlines declared Chapter 11 bankruptcy.
News & Politics
November 28, 2011
Karl Rove Has Reinvented Himself as a Powerful Fundraiser
Since leaving the Bush White House, Karl Rove has become “the dominant private citizen in the Republican Party,“ according to a new profile in the New Republic.
November 15, 2011
Is Austin’s Formula One future already out of gas?
Construction halts on track outside of Austin after state treasurer Susan Combs withdraws previously promised Major Events Trust Fund bucks.