Latest news for Austin Texas from Austin Business Journal

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...

Council wants Nuse to keep San Marcos city manager role

Jun 19, 2013 12:51 pm

San Marcos City Council members are hoping City Manager Jim Nuse will rethink his decision to retire this year. At least three Council members want colleagues to request that Nuse who announced this...

Latest news for Houston Texas from Houston Business Journal

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...

Men's Wearhouse stock dips after co-founder's firing

Jun 19, 2013 5:52 pm

Houston-based The Mens Wearhouse Inc.'s (NYSE: MW) stock dipped Wednesday after the morning announcement of the termination of its co-founder, George Zimmer. The shares fell 2.16 percent to $36.66 in...

Brown McCarroll merging with Missouri law firm

Jun 19, 2013 5:31 pm

Austin-based law firm Brown McCarroll LLP plans to combine with Missouri-based Husch Blackwell LLP, effective July 1. The firms, which announced the merger Wednesday, will combine under the Husch Bla...

Offshore oil company moving headquarters to Houston

Jun 19, 2013 4:22 pm

EPL Oil & Gas Inc. (NYSE: EPL) is moving its headquarters from New Orleans to Houston to capitalize on the citys oil and gas resources. The shallow-water Gulf of Mexico shelf exploration and prod...