Latest Austin News

Texas Republican attorney general sues over voter registration efforts in Democrat strongholds

Sep. 06, 2024 16:53 PM EDT

AUSTIN, Texas (AP) — Texas Attorney General Ken Paxton has sued two of the state's largest counties to block efforts to register voters ahead of the November general election, drawing claims of voter suppression from state Democrats. Paxton announced Friday a lawsuit to block...

Treasury recovers $1.3 billion in unpaid taxes from high-wealth tax dodgers

Sep. 06, 2024 13:57 PM EDT

WASHINGTON (AP) — The IRS has collected $1.3 billion from high-wealth tax dodgers since last fall, the agency announced Friday, crediting spending that has ramped up collection enforcement through President Joe Biden's signature climate, health care and tax package signed into law in 2022. ...

Hormel: Fiscal Q3 Earnings Snapshot

Sep. 04, 2024 06:48 AM EDT

AUSTIN, Minn. (AP) — AUSTIN, Minn. (AP) — Hormel Foods Corp. (HRL) on Wednesday reported fiscal third-quarter net income of $176.7 million. On a per-share basis, the Austin, Minnesota-based company said it had net income of 32 cents. Earnings, adjusted for non-recurring costs,...

Pedro Vite scores 1st goal of season as Whitecaps beat Austin 1-0

Aug. 31, 2024 23:45 PM EDT

AUSTIN, Texas (AP) — Pedro Vite scored his first goal of the season and Vancouver didn't concede a shot on goal Saturday night as the Whitecaps beat Austin FC 1-0. Vite played a one-touch pass to Ryan Guald, who returned the favor to a darting Vite for a first-timer from the top...

CrowdStrike estimates the tech meltdown caused by its bungling left a $60 million dent in its sales

Aug. 28, 2024 19:10 PM EDT

Cybersecurity specialist CrowdStrike Holdings on Wednesday estimated it absorbed a roughly $60 million blow to its sales pipeline last month after its botched handling of a software update triggered a technology meltdown that stranded thousands of people in airports in addition to other...

CrowdStrike: Fiscal Q2 Earnings Snapshot

Aug. 28, 2024 16:32 PM EDT

AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — CrowdStrike Holdings Inc. (CRWD) on Wednesday reported fiscal second-quarter net income of $47 million. The Austin, Texas-based company said it had profit of 19 cents per share. Earnings, adjusted for stock option expense and amortization...

The internet's love for 'very demure' content spotlights what a viral trend can mean for creators

Aug. 21, 2024 08:36 AM EDT

NEW YORK (AP) — It's not just you. The word “demure” is being used to describe just about everything online these days. It all started earlier this month, when TikTok creator Jools Lebron posted a video that would soon take social media by storm. The hair and makeup she's...

Plus: Q2 Earnings Snapshot

Aug. 14, 2024 16:55 PM EDT

AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Plus Therapeutics, Inc. (PSTV) on Wednesday reported a loss of $2.9 million in its second quarter. The Austin, Texas-based company said it had a loss of 71 cents per share. The developer of cell therapies posted revenue of...

Ideal Power: Q2 Earnings Snapshot

Aug. 14, 2024 09:49 AM EDT

AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Ideal Power Inc. (IPWR) on Wednesday reported a loss of $2.7 million in its second quarter. The Austin, Texas-based company said it had a loss of 31 cents per share. The power conversion technologies developer posted...

Stratus Properties: Q2 Earnings Snapshot

Aug. 13, 2024 08:39 AM EDT

AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Stratus Properties Inc. (STRS) on Tuesday reported a loss of $1.7 million in its second quarter. On a per-share basis, the Austin, Texas-based company said it had a loss of 21 cents. The real estate company posted revenue...