News

 

statesman.com - Business Soon-to-retire seniors worry about their futures

Some columns hit a nerve. I was quickly deluged with e-mails from people "Ready to March" after the publication of my recent column on how low interest rates may cut the long-term retirement income of seniors by as much as 50 percent.

New rules mean big changes for some mutual fund fees

If you're like many mutual fund investors, you might not have a firm understanding of the fees you're being charged.

Companies get a crisis-management break as media focuses on BP spill

In early April, Massey Energy Co. was in the headlines for the wrong reasons. The company, which counts a prominent Austinite as its lead board director, owns and operates the West Virginia mine where 29 men were killed in an explosion April 5.

Austin's Villarreal making mark on FDIC

When Sheila Bair was appointed chairwoman of the Federal Deposit Insurance Corp. in 2006, one of her first key decisions was choosing a chief of staff to run the day-to-day operations of her office.

Historic East Austin home remodeled for modern living

They're a daring new generation of Austin developer. Jeffrey and Katie Bullard would rather renovate lived-in historical old houses than build shiny new ones.

Frank Lloyd Wright meets Texas ranch on Lake Travis

Lachan Ora, a nine-acre gated estate on Lake Travis, brings the best of a Hill Country ranch to a lake setting.

Great Hills home offers plenty of space for Longhorns

What: There's an exciting, Texas-meets-the-tropics vibe to this four-story house in the Great Hills neighborhood in Northwest Austin.

Wyly brothers' SEC lawsuit may be felt on Texas political scene

Brothers Charles and Sam Wyly, born a year apart during the Great Depression, almost always have been joined at the hip.

July best month for stock markets in past year; Disney sells Miramax studio for $660 million

STOCK MARKETS Despite mixed finish, July ends as indexes' best month in year Stocks had a fitting end to a choppy July as prices seesawed their way to a narrowly mixed finish.

Jaime's Spanish Village closes after 79 years

After 79 years, Jaime's Spanish Village served its last lunch crowd Friday. The restaurant at 802 Red River St.

Mixed reports on economy as growth slows in 2nd quarter

The U.S. economy slowed sharply from April through June, the government reported Friday, growing at an annualized rate of just 2.4 percent after several quarters of more robust growth.

Toyota reverses position, leans on data from vehicles' black boxes

Toyota Motor Corp. has argued for years that the electronic black boxes in its vehicles used unproven technology that could not be relied upon to determine the cause of accidents.

Freescale weighing IPO

Austin-based Freescale Semiconductor Inc., which was taken private in a leveraged buyout in 2006 , acknowledged that it is having preliminary discussions with investment bankers about a potential public offering of stock.

Greenlights names new development director

Greenlights for NonProfit Success, which offers management consulting services to nonprofit groups, named Amy Silvey development director. Most recently, Silvey served as senior director of development for the Capital Area Food Bank of

Business philanthropy

Austin hotel donates 
to Seton cancer center Four Seasons Hotel Austin recently donated $25,000 to the Seton Family of Hospitals' Shivers Cancer Center.