Austin, TX
Austin City Council approves 3 agenda items, postpones income program
AUSTIN, Texas — The Austin Metropolis Council reviewed a number of agenda gadgets for approval on Thursday. Three agenda gadgets have been green-lit. However council members postponed the vote for a promising earnings program that would ease the monetary burden weighing many households down.
Austin’s 2021-2022 water price range might be elevated by $1.4 million given the council’s ordinance approval. “Operational resiliency” is the objective of consuming water remedy crops. These permitted {dollars} will help in making that occur by advancing their software program and opening up full-time positions.
Metropolis Council additionally permitted a $65,000 grant from the Council of State and Territorial Epidemiologists for a research on cats and the coronavirus. The council will commit these funds to testing cats for SARS-CoV-2, to see if there are coronavirus mutations in animals that would have an effect on people.
The Austin Humane Society and Austin Animal Heart will work with Texas A&M and the Texas Division of State Well being Providers to manage the research. If a throat swab pattern is optimistic, the Nationwide Veterinary Diagnostic Lab will confirm it for mutations and report back to the Facilities for Illness Management and Prevention.
Council members agreed to a contract with Verizon, AT&T and T-Cellular USA “to offer wi-fi information community connectivity, associated providers, and tools to all Metropolis departments. This may streamline operations for first responders, inspectors, discipline crews and extra,” in response to the Metropolis of Austin. An estimated $40.73 million might be cut up amongst the suppliers to pay for every five-year time period contract.
As for the assured earnings program delay, council members had considerations and felt it was higher to revisit later. This system would help 85 households $1,000/month, and people at a better threat of shedding their residence can be prioritized. They plan to vote once more subsequent month after an govt session on the proposal.
Austin, TX
Three Austin area companies featured in Fortune 500 after impressive showing across Texas
As Austin continues to rise to prominence on the national stage, so too does its presence on lists like Forbes’ Fortune 500.
The last decade has seen the city’s tech environment continue to flourish, garnering the nickname “Silicon Valley of the South.” As a result, Austin now is home to three tech companies in the Fortune 500.
Here are the three Austin-Area companies that featured on the list of revenue giants, plus a look at how other Texas metros performed on the 2024 edition of the Fortune 500.
Austin-Area features three tech titans in Fortune 500
Austin icon Dell Technologies, now headquartered in Round Rock, slotted in at 48 on the Fortune 500. In the last year, Dell posted a revenue of $88 billion.
Perhaps the most notable Austin HQ’d company, Tesla, was also the highest-ranked company on the Fortune 500. The most valuable car company in the world produced a revenue of $96.7 billion in 2023, this is an 18.8% increase from the prior year.
Lastly, computer software company, Oracle, placed 89th on the list after generating a revenue of $49.9 billion in 2023 — $7 more than the company earned in 2022. The Austin transplant, which moved to the city in 2020, has posted record number in almost every year since moving to Texas’ capital.
While Oracle is currently located in Austin, it announced in April that it plans to move its headquarters to Nashville.
Texas metros boast a strong showing in Fortune 500
This year Texas was dethroned as the top state on the list. The Lone Star state’s West Coast rival, California, was featured 57 times in the 2024 edition of the Fortune 500. This is the first time since 2014 that the Golden State has topped the list, according to Fortune. Texas and New York tie for second, both with 52 companies.
Houston was a stand-out city for Texas as it featured the third most Fortune 500 companies on the list, with 21 entries, led by oil giants like Phillips 66 and ConocoPhillips. San Antonio was featured just twice on the list, but it contributed one of Texas’ highest-ranked companies — Valero Energy.
The Dallas-Fort Worth area was a big winner on the list. Despite multiple years of rocky headlines related to mass flight cancelations, Southwest Airlines found itself in the top 200. In Fort Worth, another airline featured as American Airlines, one of the highest-rated airlines in the country, came in at 86.
The DFW as a whole featured 10 total companies, nine of which Dallas contributed.
Fortune 500: Top 20 Texas companies
Below are the top Texas companies that made the Fortune 500 list and their rank:
- 7: Exxon Mobil
- 9: McKesson
- 26: Phillips 66
- 29: Valero Energy
- 32: AT&T
- 40: Tesla
- 48: Dell Technologies
- 51: Energy Transfer
- 54: Sysco
- 59: Caterpillar
- 68: ConocoPhillips
- 86: American Airlines Group
- 89: Oracle
- 90: Enterprise Products Partners
- 92: Plains GP Holdings
- 103: USAA
- 120: D.R. Hortom
- 137: HF Sinclair
- 138: CBRE Group
- 147: Hewlett Packard Enterprise
Beck Andrew Salgado covers trending topics in the Austin business ecosystem for the American-Statesman. To share additional tips or insights with Salgado, email Bsalgado@gannett.com.
AUSTIN, Texas — A multi-vehicle collision occurred just before 9 p.m. on Sunday on FM 1327 near Evelyn Rd. and S US Hwy 183.
Austin Travis County EMS reported that 9 patients were involved, and that ESD 11 Command, STAR Flight, APD, and the Travis County Sheriff’s Office were on the scene.
One person was entrapped, but was not pinned.
The first person transported was taken to Seton Hays around 9:15 p.m. with potentially life-threatening injuries. Two other adults were subsequently transported to Seton Hays with non-life-threatening injuries.
The second person transported was considered a pediatric trauma alert and was transported to Dell Children’s.
One person was transported to Dell Seton by STAR Flight, and four others were transported to St. David’s South with non-life-threatening injuries.
Continued traffic delays are expected in the area, but no further information is available about the incident.
Also: Traffic signals at ‘hectic’ SW Austin intersection expected to be activated this week
In former FC Dallas midfielder Michel’s first match as North Texas SC’s new interim manager, the club played to a 3-3 draw after regulation against Austin FC II. NTSC then went on to win the shootout to claim the two points from the match.
FC Dallas U-22 signing Enes Sali scored his fourth goal of the season in the 12th minute of the match. At the hour mark, Sali also contributed to Pedrinho’s fifth goal of the year. Pedrinho now brings his total to 10 goal contributions (five goals and five assists) in the season in nine matches played so far.
In the 79th minute, FC Dallas Homegrown Tarik Scott scored his team-leading seventh goal of the season. Scott has scored two of his seven goals this season at Choctaw Stadium. He is tied for third in the MLS NEXT Pro Golden Boot race, just two goals off first place.
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