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 Texas Photo of the Day

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Black Swan Returns. Photo by Karnegie Musa. Copyright 2012.
Black Swan Returns. Full Story »
Photo by Karnegie Musa. Copyright 2012.

 Economics

AMR Layoffs Will Affect Dallas-Fort Worth

Texas Business reports: Fitch Ratings says there will be a noticeable impact from the pending American Airlines layoffs on the Dallas-Fort Worth region.

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 Agribusiness

Red Tide Warning Partially Lifted For Galveston Bay Area

Texas Business reports: A large portion of Galveston Bay is now open to the harvesting of oysters and other molluscan shellfish after DSHS testing in those areas shows shellfish are safe to consume. 

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 Executives

Hajime Nakai Appointed CEO of Buffalo Technology (USA)

Texas Business reports:   AUSTIN—Buffalo Technology, a designer, developer and manufacturer of wired and wireless networking and network and direct attached storage solutions, appointed Hajime Nakai as chief executive officer of Buffalo Technology (USA) Inc. 

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 Legal

In times of scandal, corporations are likely to use others’ misconduct to justify their behavior

Texas Business reports:  Among corporations involved in the 2006 stock-option backdating scandal, those implicated earlier were more likely to dismiss their top executives than those that surfaced later on, according to new research from Rice University and the University of California at Irvine.

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 Service Industry

Global NuTech Acquires Petrochemical Services Company Fishbone Solutions

Texas Business reports:  HOUSTON—Global NuTech Inc. dba Texas Gulf Energy Inc. acquired 100% of the equity interests of Texas based Fishbone Solutions Ltd.

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 Texas Patent Of The Day

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Kenneth J. Kistner and Carolyn R. Kistner, both of Midlothian, received U.S. Patent 8,110,096 for “Septic System.”
Patent: A Septic Sewage Solution

Texas Business Patent Of The Day: Two Ellis County residents devised a new way to process sewage in an old way. Kenneth J. Kistner and Carolyn R. Kistner, both of Midlothian, received U.S. Patent 8,110,096 for “Septic System.”

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 Transportation

TxDOT’s $1.4 Billion Grand Parkway in Houston To Break Ground In 2013

Texas Business reports:  AUSTIN—The greater Houston area is one step closer to reduced traffic congestion for more than 2.5 million people as the Texas Department of Transportation accelerates plans for the completion of the next phase of State Highway 99, also known as the Grand Parkway.

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