Austin, state Texas Financial News

28.05 / 08:37

Airlines Courts Videos American Airlines drops law firm that said a 9-year-old girl should have seen camera on toilet seat

American Airlines is changing law firms after a controversial filing in a lawsuit brought by the family of a 9-year-old girl who was recorded using an airplane lavatory

24.05 / 16:47

UPS Airlines show Courts Videos NOT American Airlines retreats after blaming a 9-year-old for not seeing a hidden camera in a lavatory

American Airlines is walking back a court filing in which it seemed to blame a 9-year-old girl for not noticing a camera phone when she used an airplane lavatory

23.05 / 16:35

markets Citi Fox show Mortgage rates dip below 7%

Madison Ventures managing director Mitch Roschelle analyzes the housing market and reveals some of the best places to live outside of big cities on The Big Money Show.

22.05 / 14:37

Citi Manufacturing BURST students shooting reports Schools Families of Uvalde school shooting victims plan announcement ahead of second anniversary

The families of 19 of the victims in the Uvalde elementary school shooting in Texas have scheduled a news conference ahead of the upcoming second anniversary of one of the deadliest school shootings in U.S. history

14.05 / 01:03

UPS security country Courts Investigations Third person pleads guilty in probe related to bribery charges against US Rep. Cuellar of Texas

Federal investigators have secured a third guilty plea in connection with an investigation into U.S. Rep. Henry Cuellar of Texas, who is accused of accepting nearly $600,000 in bribes from an Azerbaijan-controlled energy company and a bank in Mexico

11.05 / 04:01

Art WhatsApp Forbes students Universities Schools International Two Texas universities included in Forbes' 'new Ivy League' list

University of Texas at Austin (UT Austin) and Rice University in Houston have been recognized by Forbes magazine as being among the top universities in the United States, similar to the prestigious Ivy League institutions. Forbes developed their own criteria for this ranking, excluding the traditional Ivy League schools and other well-known universities. Schools were evaluated based on factors like attracting high-achieving students, employer satisfaction, and admissions selectivity. UT Austin and Rice University are joined on the Forbes' list by other well-respected public universities like the University of Michigan and University of Virginia, along with private institutions like Johns Hopkins University and Carnegie Mellon University.

04.05 / 20:09

markets Racing Audi track country rights F1 now makes 3 stops a season in the United States. Could Miami become a victim of oversaturation?

Formula 1 is back in the United States for the first time in six months and the first stop is the Miami Grand Prix, the race that was supposed to be the American showpiece. But the sparkling debut of Las Vegas last November was rated as one of the best races of the 2023 season, and Circuit of the Americas in Austin, Texas, is a stalwart event that caters to passionate F1 fans. Miami was the big party when it debuted in 2022 but the question is: Has its status fallen enough that Sunday's race is simply just the first of three events in what has traditionally been NASCAR country?

29.04 / 21:45

MET CEO Software Tesla show reports Tesla's stock leaps on reports of Chinese approval for the company's driving software

Shares of Tesla stock have rallied after the electric vehicle maker's CEO, Elon Musk, paid a surprise visit to Beijing over the weekend and reportedly won tentative approval for its driving software

26.04 / 07:21

UPS Waves students Universities War reports Indian-origin student Achinthya Sivalingam arrested, banned for pro-Palestine protest at Princeton University: Report

India Today reported. Achinthya Sivalingam, who hails from Tamil Nadu's Coimbatore and was brought up in Columbus, Ohio, has been banned from the University, for participating in the agitation within the campus premises, pending a disciplinary process. She was arrested along with fellow student, Hassan Sayed.

25.04 / 01:59

students Universities information reports Department Schools University of Texas at Austin warns students amid pro-Palestine protests

pro-Palestine protests. Police arrested more than a dozen people including a local news photographer at the university. Some universities including the University of Texas at Austin, have swiftly resorted to law enforcement as they struggle to diffuse tension on campuses throughout the nation.

24.04 / 19:43

Citi CEO Software community Healthcare Bill 2020 Oracle's Larry Ellison says planned Nashville campus will be company's 'world headquarters'

Oracle Corp. CEO Larry Ellison says the business software giant’s planned campus in Nashville, Tennessee, will serve as its world headquarters and place it in a city that's a center of the health care industry

24.04 / 05:23

COST UPS CEO Tesla Trade reports Tesla 1Q profit falls 55%, but stock jumps as company moves to speed production of cheaper vehicles

Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate production of new, more affordable vehicles

24.04 / 02:39

markets UPS CEO Strategy Tesla War show Tesla to lay off over 6,000 employees in Texas, California, notices show

Tesla said it will lay off 6,020 employees in Texas and California ahead of its quarterly results on Tuesday when CEO Elon Musk is expected to outline the electric-vehicle maker's strategy to combat slowing demand and falling margins. Last week, Tesla announced a more than 10% cut in its global workforce under pressure from dropping sales and an intensifying price war among EV makers, without revealing the number of employees the job cuts would impact.

23.04 / 10:09

COST Twitter FIVE Platform Tesla social reports Tesla cuts US prices for 3 of its electric vehicle models after a difficult week

Tesla knocked $2,000 off the prices of three of its five models in the U.S.

23.04 / 07:58

FIVE CEO Tesla 2020 Tesla cuts the price of its "Full Self Driving" system by a third to $8,000

That's the latest evidence of the challenges facing the electric vehicle maker.

21.04 / 06:57

COST Twitter FIVE Platform Tesla social reports Tesla cuts US prices for 3 of its electric vehicle models after a difficult week

Tesla knocked USD 2,000 off the prices of three of its five models in the United States late Friday, another sign of the challenges facing the electric vehicle maker led by billionaire Elon Musk. The company cut the prices of the Model Y, a small SUV which is Tesla's most popular model and the top-selling electric vehicle in the US, and also of the Models X and S, its older and more expensive models. Prices for the Model 3 sedan and the Cybertruck stayed the same. The cuts reduced the starting price for a Model Y to USD 42,990 and to USD 72,990 for a Model S and USD 77,990 for a Model X.

19.04 / 05:59

markets UPS Tesla Trade reports Courts Tesla shares tumble below $150 per share, giving up all gains made over the past year

Tesla’s stock tumbled below $150 per share, giving up all of the gains made over the past year as the electric vehicle maker reels from falling sales and steep discounts intended to lure more buyers

17.04 / 22:37

UPS Target CEO Landmark Tesla Courts Tesla asks shareholders to restore $56B Elon Musk pay package that was voided by Delaware judge

Tesla is asking shareholders to restore a $56 billion pay package for CEO Elon Musk that was rejected by a Delaware judge this year, and to shift the company’s corporate home to Texas

16.04 / 10:33

COST Extreme CEO Tesla social reports Tesla plans to lay off 10% of workforce after dismal quarterly sales, multiple news outlets report

After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs, multiple media outlets reported Monday

16.04 / 10:33

UPS Provident Manufacturing Research electronic Department Biden administration agrees to provide $6.4 billion to Samsung for making computer chips in Texas

The Biden administration has reached an agreement to provide up to $6.4 billion in direct funding for Samsung Electronics to develop a computer chip manufacturing and research cluster in Texas

07.04 / 18:19

Citi Booking Fox wellness show reports travelers Eclipse tourism sends short-term rental occupancy rates soaring

Niagara Regional Chairman Jim Bradley joins Cavuto: Coast to Coast to discuss the regions preparation and economic impact from eclipse viewers.

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