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Enerjex sells off oil leases in Eastern Kansas
EnerJex Resources has sold off two non-core oil leases for $450,000. EnerJex Resources Inc., a domestic oil producer, has sold two non-core oil leases in Eastern Kansas for $450,000. The properties are located outside of EnerJexs core operating areas, and their transaction is expected to lower the companys unit-operating expenses, company officials said Wednesday. The company did not identify ...
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Which brands are the most valuable in the world
Apple is the world's most valuable brand, worth an estimated $185 billion. Apple Inc. is once again the worlds most valuable brand, worth an estimated $185 billion. Thats the latest estimate from the analysts at BrandZ, who just released its 2013 list of the 100 most valuable brands. Coming in second was Google Inc., whose brand is worth an estimated $113.6 billion. The study, commissioned ...
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Valero refinery in Oklahoma unaffected by tornado
A file photo of a Valero refinery. Company officials announced that its refinery in Ardmore, Okla. was unaffected by the recent tornado. Valero Energy Corp. said its refinery in Ardmore, Okla., was unaffected by the tornado that tore through the nearby town of Moore on Monday, killing at least 24 people. All employees at the 87,400 barrel-per-day refinery are safe and accounted for, company ...
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Todays MLB starting lineups May 22
Below are starting lineups that have been made public by the clubs. A lineup is not official until it is handed to the umpire. Additional lineups will be added as they become available: Atlanta Braves: 1. ...
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Texas House remembers Sherman Hemsley
AUSTIN, Texas (AP) -- The Texas Legislature has honored actor Sherman Hemsley, the man best known for playing the role of George Jefferson on The ...
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Valero spinoff CST reports gain in quarterly income
CST Brands Inc., the company that owns 1,900 Valero Corner Stores, posted a gain in first quarter net income. San Antonio-based retailer CST Brands Inc., a recent spinoff from refiner Valero Energy Corp., on Wednesday posted a 33 percent profit increase for its first quarter as a public company. CST (NYSE: CST) operator of the Valero Corner Stores retail outlets reported earnings of $21 ...
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Nueces County commissioners look at Austin legislation
CORPUS CHRISTI -- The Nueces County Commissioners Court is meeting Wednesday to hear a slew of updates on legislation affecting its jurisdiction. The windstorm insurance bill died, but a new windstorm bill could be introduced if lawmakers were called back to Austin during the summer by Gov. Rick Perry, said Coastal Windstorm Taskforce chairman Charlie Zahn. A bill that would allow ...
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Hot summer means high demand for power
AUSTIN (KXAN) - Its time to start planning for high temperatures and possible power outages. The start of another hot summer and expected spikes in electricity demand has the Electric Reliability Council of Texas advising the states businesses and residents to conserve energy. ERCOT is responsible for overseeing the states electricity grid and meeting the demands of 23 million Texas customers ...
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Six Flags ready to get off economic roller coaster
Six Flags Fiesta Texas is one of the theme parks that is benefitting from an influx of capital investment. Six Flags has endured more than its share of economic uncertainty over the last several years. The theme park company, which operates Six Flags Fiesta Texas in San Antonio, was saddled with deep debt by previous management, which drove it into bankruptcy. Then came the recession, which cost ...
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Apple to build U.S.-made Macs in Texas
Fingerprint sensor? See what Apple Inc. has planned for the next iPhone. Production for iPhone 5S expected to begin this summer. When Apple Inc. CEO Tim Cook announced late last year that the tech company wanted to bring some manufacturing back to the United States, it raised the question of where? Now we know: Texas. Cook talked about location during his Senate committee appearance yesterday, ...
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Texas reaches settlement with Penguin over E-books
Texas and 32 other states have reached a multistate antitrust settlement with Penguin Group (USA) Inc. over allegations that the company colluded with Apple Inc. over E-book pricing. Texas Attorney General Greg Abbott and 32 other states and territories have agreed to settle their antitrust lawsuits against Penguin Group (USA) Inc. over allegations Penguin and Apple Inc. colluded to manipulate ...
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Killer of off-duty Houston officer loses appeal
HOUSTON (AP) — The Texas Court of Criminal Appeals has rejected an appeal from a Vietnamese refugee sent to death row for the slaying of a Houston police officer shot during a robbery while working his off hours as a clerk at his family's convenience store.The state's highest criminal court Wednesday refused an appeal from 36-year-old Chuong Duong Tong as improper and dismissed ...
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Drug-testing OKd for jobless benefits
Creighton said the proposed law was carefully designed to be constitutional, adding that only first-time applicants working in occupations that require drug tests would undergo screening. Applicants who test positive could ask for a retest or keep their benefits if they enroll in a treatment program within seven days. Otherwise, the person could reapply after 30 ...
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Goodman Networks Multiband agree to $116M merger deal
Goodman Networks Executive Chairman John Goodman and Scott Pickett, CMO and executive vice president of strategic planning and mergers and acquisitions. Plano-based Goodman Networks is acquiring Multiband Corp. in an all-cash deal valued at roughly $116 million, the companies announced Wednesday. Goodman Networks, a privately held provider of telecommunications networks, will pay $3.25 per ...
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FaceCake unveils breakthrough technology at Austin Fashion Week with The Swivel
technology continues to move into the modern era, subsequent industries are nipping at one another's heels. The demand to remain a front-runner is taxing; companies are forced to merge assets and ideas to remain at the head of their class. One example of this progressive thinking is the breakthrough technology of the Swivel, created ...
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Cannes The Coen Brothers’ Inside Llewyn Davis
I. First, Something About the Badges (Then We’ll Get to the Coens) Someday I’m going to write a song and call it "Ballad of the Blue Badge." I haven’t figured out a rhyme scheme yet, let alone a melody, so please allow this outline to suffice: At Cannes, the color of your badge determines the ease with which you’re able to gain entry to any of the 1,001 ...
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Search Underway after Deadly Texas Twisters
Massive cleanup is underway in Texas after a swarm of 16 tornadoes ripped through the state Wednesday night. At least six people are dead and several are still missing. Entire neighborhoods are still cordoned off as rescue teams and police with cadaver dogs to search for survivors in the debris. The storms battered the region, turning homes into rubble. The devastation is spread across four ...
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Drug-testing for jobless benefits passes
AUSTIN (AP) The Texas House has approved a bill that allows the state to drug test unemployment applicants. But Democrats successfully used a parade of stalling tactics to run out the clock on a similar measure mandating such screening for welfare applicants. Rep. Brandon Creighton, R-Conroe, sponsored the proposal approved late Tuesday night. It would require applicants to answer a ...
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Dont make this common social-media mistake
Never put social media in a corner, said Birmingham Business Journal guest blogger Joey Beachum. When it comes to using social media for a business, there are a lot of mistakes that most people know to avoid bad-mouthing a customer, deleting a critical comment or posting risqu pictures on the official company accounts, to name a few. However, what about mistakes we dont even know we are making? ...
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Citing Morality Clause Texas Judge Blocks Lesbian Couple From Living Together
A judge has ruled that a North Texas lesbian couple can’t live together because of a morality clause in one of the women’s divorce papers. The clause is common in divorce cases in Texas and other states. It prevents a divorced parent from having a romantic partner spend the night while children are in the home. If the couple marries, they can get out from under the legal provision - ...
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Central Freight Lines is going CNG for its truck fleet
Two of the trucks operated by Central Freight Lines that run on CNG. Another giant fleet is going with compressed natural gas Waco-based Central Freight Lines, Inc. recently purchased 100 CNG trucks and will add a CNG fueling station to its facility in Fort Worth later this year. The 2014 Freightliners run on 100 percent CNG as opposed to many diesel conversions that run on dual-fuel, a mixture ...
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1 killed 3 students hurt in school bus accident
WILLS POINT, Texas (AP) -- One driver has been killed and three students injured when a car drifted into oncoming traffic and struck a school bus in East ...
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Texas pastor pleads guilty to online soliciting
MARSHALL, Texas (AP) -- An East Texas pastor faces up to 10 years in prison for an online chat from church with an alleged 14-year-old girl who turned out to be a Louisiana ...
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NCAA upholds penalty of ex Texas Southern coach
HOUSTON - The NCAA Division I Infractions Appeals Committee has upheld a three-year show-cause order for former Texas Southern football coach Johnnie Cole.Cole was given the order for failing to promote an atmosphere for compliance and the order prohibits him from all on- and off-campus recruiting activities until October 2015. He contested that finding, but the committee found that the ...
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Medical device developer Inova Labs raises $12M financing
Inova Labs Inc. has completed a $12 million round of financing from six investors. Austin-based Inova Labs Inc. has completed a $12 million round of financing. The medical device developer collected the capital from six investors, according to a Wednesday filing with the U.S. Securities and Exchange Commission. Inova Labs, which launched in 2002, is an affiliate of International Biophysics ...
Austin Digest
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Austin among the leading US cities emerging from recession
The financial crisis, now refered to by some as the Great Recession, has battered cities across the country, but Austin has become a pocket of hope where jobs are available and the population is growing, suggesting that the city may be among a few in the US leading the country out of the recession.
Austin has been ranked in the top 20 US cities with strong population growth, the study was done by the Census Bureau, this is a reflection of the sound economic performance of Texas as whole (the state had several of its cities in the top 20), and subsequently may be given four additional House seats following the 2010 census. Read more
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