Austin, state Texas Financial News

24.07 / 07:54
Target CEO Tesla Trade show testing Tesla's 2Q profit falls 45% to $1.48 billion as sales drop despite price cuts and low-interest loans
Tesla’s second-quarter net income fell 45% compared with a year ago as the company’s global electric vehicle sales tumbled despite price cuts and low-interest financing
22.07 / 20:29
markets Action Airlines Software Healthcare hospital Updates Customers CrowdStrike says more machines fixed as customers, regulators await details on what caused meltdown
Cybersecurity firm CrowdStrike says a “significant number” of the millions of computers that crashed on Friday, causing global disruptions, are back in operation as its customers and regulators await a more detailed explanation of what went wrong
20.07 / 02:42
Provident Software Sony Actor reports Updates Investigations CrowdStrike: All you need to know about cybersecurity giant behind global IT outage
Washington, Jul 20, 2024 -CrowdStrike, the cybersecurity company behind a massive global IT outage, is the leader in its sector, known for building software defenses for the cloud computing age and exposing Russian and North Korean threats. Based in Austin, Texas, the company was founded in 2011 by George Kurtz, Dmitri Alperovitch and Gregg Marston.
17.07 / 22:32
CEO Food community wellness Trade President Traffic Darden Restaurants buys Tex-Mex chain Chuy's for $605 million
The parent company of Olive Garden, LongHorn Steakhouse, Yard House and other chains says it's buying the Tex-Mex chain Chuy’s as it seeks to expand its dining options
17.07 / 07:30
UPS CEO Tesla show social reports Tesla CEO Elon Musk appears to confirm delay in Aug. 8 robotaxi unveil event to make design change
Tesla CEO Elon Musk appears to be confirming a report that the company’s much-ballyhooed event to unveil a robotaxi will be delayed beyond its scheduled Aug. 8 date
13.07 / 16:54
Action Election Opinion President reports donates Interviews Elon Musk donates huge amount to Pro-Trump PAC ahead of 2024 election. Will he endorse Republican nominee as well?
Elon Musk has contributed a large sum to a political organization that is backing former President Donald Trump in the 2024 race. Musk reportedly gave a significant donation to America PAC, a powerful political action committee established in Austin, Texas, in May, according to a 'Bloomberg News' story. On July 15, America PAC is scheduled to release its roster of contributors. America PAC concentrates on promoting voter registration and early voting, both in-person and by mail. It is situated in the same location as Musk's Tesla headquarters. Voting is crucial to ensuring that America is a country of opportunity and freedom, according to the group's website. Per the New York Times, it has reportedly spent a minimum of $6.6 million assisting Trump's campaign.
13.07 / 08:44
President Customers Houston utility says 500K customers still won't have electricity next week as Beryl outages persist
An executive from Houston’s biggest utility says about 500,000 customers whose power was knocked out by Hurricane Beryl will still be without power next week
13.07 / 08:31
COST UPS Ethereum Provident Platform Strategy community “Is $DUBBZ the Sleeping Giant Poised to Lead GameFi on Base?”
Austin, TX – July 5, 2024 – Dubbz, a pioneer in gaming and SocialFi, has successfully transitioned its $DUBBZ token and blockchain ecosystem from Ethereum to Base, Coinbase’s cutting-edge layer-2 solution.
13.07 / 06:38
markets UPS Manufacturing Tesla wellness reports Tesla sales fall for second straight quarter despite price cuts, but decline not as bad as expected
Tesla’s global sales fell for the second straight quarter despite price cuts and low-interest financing offers, another sign of weakening demand for the company’s products and electric vehicles overall
13.07 / 05:52
COST Citi Provident FIVE community Universities social Tiny homes, built largely with philanthropic support, offer more patch than solution to homelessness
In response to a nationwide crisis that has left more than 650,000 people without housing, 100 tiny home villages for the homeless have opened in the United States over the past five years
12.07 / 22:44
markets Fox CEO President show Mortgage rates climb to 6.95%
Former Federal Reserve Bank of St. Louis President and CEO James Bullard looks ahead to the next rate decision, unpacks jobs data and reacts to Yellens housing development.
25.06 / 11:05
COST Tesla Highways Nov Traffic For Tesla's futuristic new Cybertruck, a fourth recall
Tesla is recalling its futuristic new Cybertruck pickup for the fourth time in the U.S. to fix problems with trim pieces that can come loose, and failing front windshield wipers
25.06 / 01:41
Platform shooting show social Schools Courts rights Bankruptcy trustee discloses plan to shut down Alex Jones' Infowars and liquidate assets
A U.S. bankruptcy court trustee is planning to shut down conspiracy theorist Alex Jones’ Infowars media platform and liquidate its assets
20.06 / 18:13
markets Fox show Mortgage rates decline for third straight week
Mansion Global host Katrina Campins discusses the state of the housing market on Making Money.
14.06 / 15:49
President shooting Justice country Department Courts rights US Supreme Court rejects federal ban on gun 'bump stocks'
U.S. Supreme Court on Friday declared unlawful a federal ban on «bump stock» devices that enable semiautomatic weapons to fire rapidly like machine guns, rejecting yet another firearms restriction — this time one enacted under Republican former President Donald Trump. The justices, in a 6-3 ruling authored by conservative Justice Clarence Thomas, upheld a lower court's decision siding with Michael Cargill, a gun shop owner and gun rights advocate from Austin, Texas, who challenged the ban by claiming that a U.S. agency improperly interpreted a federal law banning machine guns as extending to bump stocks. The conservative justices were in the majority, with the liberal justices dissenting.
14.06 / 13:13
UPS CEO Tesla information gatherings Courts Elon Musk’s record US$44.9B pay package backed by Tesla shareholders
Tesla shareholders voted Thursday to restore CEO Elon Musk’s record US$44.9 billion pay package that was thrown out by a Delaware judge earlier this year, sending a strong vote of confidence in his leadership of the electric vehicle maker.
14.06 / 07:41
COST Citi security Parke community reports Features Micro communities for the homeless sprout in US cities eager for small, quick and cheap solutions
In downtown Atlanta, shipping containers have been transformed into an oasis for dozens of previously unsheltered people who now proudly call a former parking lot home
14.06 / 02:47
UPS SEC CEO security Tesla social Courts Elon Musk wins back his huge Tesla payday in shareholder vote
Tesla shareholders on Thursday voted to restore CEO Elon Musk's record $44.9 billion pay package that was thrown out by a Delaware judge earlier this year. Vote totals were not immediately announced. The favorable vote doesn't mean CEO Musk will get the all-stock compensation anytime soon. The package is likely to remain tied up in the Delaware Chancery Court for months as Tesla appeals the rejection.
14.06 / 02:47
UPS Platform Tesla awards PayDay social Elon Musk's friends and fans applaud shareholder vote on his payday
Tesla shareholders reaffirmed a pay award worth more than $45 billion for Elon Musk on Thursday, but before the announcement was made official at the company's annual meeting in Austin, Texas, Musk posted the news on X, his social media platform. «Both Tesla shareholder resolutions are currently passing by wide margins!» he wrote in a post late Wednesday. «Thanks for your support!!»
14.06 / 00:43
Blockchain Digital Platform Trade information Exclusive: Galxe CEO Harry Zhang on Digital Identity, AI Trading Insights, and the Launch of Gravity L1
In a recent interview at Consensus 2024 in Austin, Texas, Rachel from Cryptonews sat down with Harry Zhang, the CEO and co-founder of Galxe, to discuss his company’s latest advancements and offerings. This conversation covered various aspects, including the significance of digital identity in Web3, the role of AI in trading, and the launch of Galxe’s Gravity L1 blockchain. Here are the key takeaways from their insightful discussion:

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