Austin Business News - Claus Markussen

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Dillard's asks court to dismiss Highland Mall bankruptcy case	7/30/2010 1:59 PM
Dillard’s has filed a motion seeking to have the Highland Mall owner’s bankruptcy case dismissed or converted from a Chapter 11 reorganization to a Chapter 7 liquidation.
Wear orange, get a free Whataburger	7/30/2010 1:40 PM
Texas fast-food favorite Whataburger is giving away free burgers to celebrate its 60th birthday.
TDS recommended for city recycling contract	7/30/2010 1:20 PM
City staff have recommended Texas Disposal Systems Inc. to replace it recycling contract with Mid-America Recycling LLC that expires in September.
Austin Energy buying $303K software	7/30/2010 11:51 AM
Austin Energy plans to buy $330,369 worth in software to upgrade its 400,000 electric smart meters.
Reports: Facebook may wait until 2012 for IPO	7/30/2010 11:16 AM
Facebook Inc. may hold off on an initial public offering until 2012 as it continues to add users and increase revenue, according to reports Friday.
Austin gas prices creeping up	7/30/2010 11:02 AM
Austin gas prices have inched up 1 cent after three consecutive weeks of declines, AAA Texas reported Thursday.
Houston investors buy six-building S. Austin office complex	7/30/2010 10:38 AM
In one of this year’s biggest investment deals, a six-building office campus in South Austin has been sold to a new investment partnership in its first of more expected land purchases in Central Texas, brokers working on the deal said.
Austinites launch organic baby food line	7/30/2010 9:50 AM
Austinites Caroline Freedman and Lauren McCullough have put a fresh spin on an old business with their new company NuturMe.
Richard Garriott wins $28M in NCsoft suit	7/30/2010 9:02 AM
A jury awarded computer gaming entrepreneur and space traveler Richard Garriott $28 million, after a 2009 lawsuit against the South Korean corporation he said forced him out after buying his company.
Austin among top cities for young adults	7/30/2010 7:23 AM
Austin was picked as one of 10 cities best suited for young adults, according to Kiplinger.com.