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Streamed Clips from - Business Journal

Latest Top (8) News


Census: As rapid growth continues, Austin area becoming more diverse, older
The Texas capital remains one of the fastest-growing places in the country, and it's becoming more racially diverse place in step with national trends. Already this year the Census data showed that the Austin-area population reached an estimated 2,115,827 in 2017 and that Central Texas is home to some of the state's fastest-growing small cities. But the data released this week offers a deeper dive into the demographic makeup of Central Texas. The Austin area is getting older and more diverse: the…


Thu, 21 Jun 2018 13:04:19 +0000


Chemical manufacturer launches $11.4M expansion of Alabama location
A South Korea-based chemical company is investing $11.4 million in its Alabama facility. Lotte Chemical Alabama Corp. has launched construction work on a 61,000-square-foot expansion of its location at Auburn Technology Park North, according to AL.com. Lotte Chemical manufactures compounded polypropylene resin for plastic automotive and home appliance uses at the site. The expansion will allow it to supply acrylonitrile butadiene styrene and polycarbonate plastics. Seoul, South Korea-based Lotte…


Thu, 21 Jun 2018 13:02:55 +0000


January’s cold snap could spell a 6.9% rate increase for Duke Energy Progress
Duke Energy Progress’ N.C. customers hit by a 6% rate increase earlier this year could see rates go up an additional 6.9% by Jan. 1, largely because of a significant increase in fuel costs during an unusually cold winter. The increase will come from routine annual adjustments the utility filed on Wednesday. It will lead to a typical residential customer that paid an average monthly bill of $108.27 before the rate hike being charged an average $123.21 as 2019 begins. Duke Energy Corp. (NYSE: DUK)…


Thu, 21 Jun 2018 13:02:31 +0000


Rent control petition awaits certification in Santa Cruz
The move to restrict rents in Santa Cruz coincides with a statewide ballot campaign to eliminate state limits on rent control measures.


Thu, 21 Jun 2018 13:00:17 +0000


Alabama city considers measures to boost airport traffic
An Alabama city is taking steps to boost airport traffic. A research study suggests the Mobile Airport Authority shift commercial passenger traffic from Mobile Regional Airport to the Downtown Mobile Airport in the Mobile Aeroplex at Brookley, according to AL.com. Some of the business traffic would shift from Brookley to Mobile Regional Airport. The study was launched in February to determine if it would be more cost effective to relocate commercial service or improve road access to Mobile Regional.…


Thu, 21 Jun 2018 13:00:12 +0000


Developer kicks off sales of high-end condos in San Francisco's Transbay district
The 618-foot tall Avery residential tower designed by Rem Koolhaus' OMA will bring more luxury condos at a time when new condo inventory is plunging in San Francisco.


Thu, 21 Jun 2018 13:00:00 +0000


Web.com to be acquired for $2 billion
Web.com Group Inc. (Nasdaq: WEB) has agreed to be acquired by Siris Capital Group LLC in an all-cash transaction of approximately $2 billion, a value of $25 per share. The agreement must be unanimously approved by the company's board. A special meeting of the board will be held as soon as possible following a filing with the Securities and Exchange Commission. “This transaction will provide shareholders with immediate and substantial cash value, while also providing us with a partner that shares…


Thu, 21 Jun 2018 12:59:44 +0000


How her shipping startup is winning the fight against Amazon
With Amazon setting new expectations for consumers, Shippo aims to help other retailers compete with customers' hunger for fast, free shipping.


Thu, 21 Jun 2018 12:55:10 +0000

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