Latest news for Austin Texas from Austin Business Journal

Exercise machine maker Surge gains $750K, new CEO

Jun 19, 2013 9:19 pm

An Austin-based exercise equipment maker has refashioned itself for a broader market and raised $750,000 from investors. Surge Performance Training LLC, founded in 2010 as Powermax Training LLC by Br...

San Marcos Council denies plan for upscale development

Jun 19, 2013 5:25 pm

San Marcos has been aggressively pursuing new development in its bustling hamlet south of Austin, as the Austin Business Journal recently reported. But that doesnt mean that any development will do. ...

'Ramen Ninja' plans North Austin izakaya eatery

Jun 19, 2013 5:22 pm

Mike Elliott, also known as "The Ramen Ninja," is bringing the first proper izakaya, or Japanese pub, to North Austin next month. The Dojo restaurant has taken space at U.S. Highway 183 and...

Roundup: Office portfolio trades, Crushing Tigers buys land

Jun 19, 2013 5:17 pm

Here is a roundup listing of recent deals and announcements in the Austin real estate market since last Wednesday: OakPoint Properties in Nashville, Tenn. purchased the Continental Building at 9101 B...

Three Austin utility commissioners resign

Jun 19, 2013 4:49 pm

Three city of Austin Electric Utility Commission members announced their resignations at Monday night's meeting. The announcements were made with little controversy but follow a contentious debate abo...

Bank of America, Wells Fargo fail portion of mortgage settlement test

Jun 19, 2013 3:51 pm

In line with consumer complaints, Bank of America Corp. (NYSE: BAC) and Wells Fargo & Co. (NYSE: WFC) each failed to satisfy parts of the national mortgage settlement through the first quarter of ...

Texas economic activity falls slightly in April

Jun 19, 2013 3:33 pm

Comerica Banks Texas Economic Activity Index fell slightly in April by dropping 0.2 percentage points to a reading of 103.7. The April reading is 32 points above the index cyclical low of 71.5. The i...

Drillinginfo acquires a Denver software co.

Jun 19, 2013 3:25 pm

Drillinginfo Inc. has bought Denver-based Transform Software & Services Inc. Financial terms of the deal were not disclosed. The transaction marks the third acquisition since Austin-based Drilli...

Exercise software maker MapMyFitness raises $5M

Jun 19, 2013 2:14 pm

Exercise software maker MapMyFitness Inc. has completed a $5 million financing. The Austin-based company collected the capital from a lone investor, according to a Tuesday filing with the U.S. Securi...

Dealership's one-price system, live music fuels success

Jun 19, 2013 12:57 pm

Sales strategy changes at an Austin car dealership have resulted in more vehicles sold and a move into a much larger facility with a section that is very Austin: a sound stage that could eventually ho...

Latest news for Houston Texas from Houston Business Journal

H-E-B to stock Whatafries on store shelves this week

Jun 19, 2013 11:17 pm

This week, yet another Whataburger-branded product will hit the shelves at H-E-B grocery stores. H-E-B and the iconic South Texas burger chain both based in San Antonio have introduced Whatafries, ...

Texas economic activity drops slightly

Jun 19, 2013 11:08 pm

Comerica Banks Texas Economic Activity Index fell slightly in April by dropping 0.2 percentage points to a reading of 103.7. The April reading is 32 points above the index cyclical low of 71.5. The i...

Astrodome may finally have a purpose: Officials unveil proposal

Jun 19, 2013 9:28 pm

Although the Harris County Sports and Convention Corp. received 19 proposals for what to do with the iconic Astrodome, officials say they will recommend converting the stadium into a massive conventio...

St. Luke's, Texas Heart dispute headed to court

Jun 19, 2013 8:56 pm

Texas Heart Institute and St. Luke's Episcopal Hospital will meet in Harris County District Court July 12 to set a schedule for their ongoing litigation. This is the latest in an ongoing dispute betw...

What happens now to Men's Wearhouse TV ads?

Jun 19, 2013 8:03 pm

It may be too early to tell if The Mens Wearhouse Inc. (NYSE: MW) is planning to drop the iconic television commercials featuring George Zimmer the companys executive chairman who was ousted on Wedne...

Can patients truly comparison shop for health care procedures?

Jun 19, 2013 7:25 pm

New research suggests what many patients may already realize: Theres no easy way to comparison shop when it comes to the price of health care. Much of the price-comparison data available for health c...

Crestwood completes major portion of Inergy acquisition

Jun 19, 2013 7:14 pm

A Houston-based energy company has taken a major first step in a deal that will create a $7.3 billion natural gas and gas liquids midstream business. Houstons Crestwood Holdings LLC has completed its...

New, tech-savvy car rental company Silvercar to serve Houston Hobby

Jun 19, 2013 6:27 pm

Ever wish your rental car was a little more high-tech? Silvercar, a new car rental company soon coming to Houstons Hobby Airport, aims to fix that problem. The Austin-based company only rents out 20...

A cybersecurity legal team is in your companys future

Jun 19, 2013 6:22 pm

As cybersecurity increasingly becomes an everyday facet of corporate life, the time is fast approaching when a business cybersecurity team grows beyond information technology professionals to include ...

Exclusive: Houston tequila company raising $4M, expanding across U.S.

Jun 19, 2013 6:04 pm

A two-year-old Houston liquor company is on its way to raising $4 million and uncorking its tequila in 16 new states this year. The fast-growing Pura Vida Tequila Co. LLC, which ranked 10th among the...