Monday, March 22, 2010

“Business, Personal Finance, Technology, Employment news ... - Austin American-Statesman” plus 3 more

“Business, Personal Finance, Technology, Employment news ... - Austin American-Statesman” plus 3 more


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Business, Personal Finance, Technology, Employment news ... - Austin American-Statesman

Posted: 22 Mar 2010 12:58 PM PDT

Home > The Ticker > Archives > 2010 > March > 22 > Entry

Austin is the star in Time cover story

Austin seems to get more than its share of recognition in various "best cities for…" rankings, but the new Time magazine cover story tops them all.

The March 22 story, about where the new jobs will come from, focuses on Central Texas as a place where innovation is driving job creation.

Austin-based HomeAway Inc. is prominent in the article as an example of innovation and job growth. Other local examples mentioned in the story include Xtreme Power, the Kyle renewable energy company; Bioware, a game-design firm; Samsung Electronics; the Seton healthcare company; Ringdale, a Georgetown maker of LED lighting systems; Whole Foods Market Inc., and Savara, a drug-development startup.

To read the article, go here

Permalink | Comments (11) | Post your comment Categories: Austin economy

Comments

By Ahh yeah!

March 22, 2010 3:17 PM | Link to this

Seriously, there are TONS of people coming here looking for jobs. -And ALOT of those people are not finding them. Austin is great, but it is not Shangra La! Very high cost of living, no infrastructure, and a rapidly changing "culture" largely thanks to california refugees -very few 'mellow' types still around. Don't visit for SXSW and think that Austin is that way all the time. You had better find a job BEFORE you move here. And don't expect to be able to move downtown, either.

By TitoP

March 22, 2010 2:10 PM | Link to this

How do you think Austin got to be what it is today? By welcoming growth and innovation, regardless of the source. We live in a global culture and Austin established itself as a hub for business and education long ago. Just because you opt not to look at developments beyond the openings of new doughnut shops as positive reflections of good groundwork laid doesn't make them damaging to the area as a whole. If anything, it gives us all more leverage to push our leaders to continue to work in the best interests of everyone.

By negotiator

March 22, 2010 1:51 PM | Link to this

These kinds of articles are a disservice to Austin and to the poor, un-informed who come here seeking a new opportunity….. only to find out that the job growth band is so narrow and specific that they will live in an impoverished state and no social services to fill the gap.

Enough with the hype !!!

By Another native

March 22, 2010 1:34 PM | Link to this

I'm sick of having Austin pointed out as the best of anything. Just brings more people here and we sure need more people. I agree with the other natives who're tired of the higher taxes and traffic problems due to the transplants. All the Austin I35 signs should add "welcome to Austin. Spend your money and then go back home!"

By Born Austinite

March 22, 2010 1:13 PM | Link to this

Neo That attitude is the reason that Austin has such a poor transportation infrastructure. Growth with come like it or not. It would be nice if the transplants would leave, it seems like most of the "keep Austin weird" are not from Austin. So when you say "when did you move here? Would you go back and spread the gospel, share your profound beliefs with others? Thanks so much." keep that in mind…

By Neo

March 22, 2010 12:51 PM | Link to this

So notweird- when did you move here? Would you go back and spread the gospel, share your profound beliefs with others? Thanks so much.

By notweird

March 22, 2010 12:17 PM | Link to this

Oh boo hoo! Austin is one of the FEW places in the country that hasn't been devastated by the recession and is now seeing major growth. If you don't want the big corporations, move to Cuero or pitch a tent in Big Bend. Austin is a big city located centrally in a big state. This isn't a hippie-commune- but I'm sure you walmart hating ****** will find something else to complain about from your Prius.

By Turd Ferguson

March 22, 2010 11:38 AM | Link to this

What? I thought Obammy's stimulus $$ was going to create all the job growth we needed?!!!

By ss

March 22, 2010 11:25 AM | Link to this

Wow. So for those of us who don't want to work for big tech companies or the Whole Foods (paycheck) corporate monster and others, this "growth" just sucks. Some of us are happy in our jobs at smaller companies and live where we want to live and enjoy our city, and unfortunately all this means is more of us being priced out of our own communities.. higher home prices/property values, more traffic (as if it can get any worse - unfortunately, it can), more forced gentrification and more moving further and further north, south, or east (don't kid yourself about moving west). I guess the next step will be moving to San Marcos and commuting to Austin.. except that the same thing will probably happen to San Marcos in a few years.

By bcaves

March 22, 2010 10:53 AM | Link to this

well, maybe they'll ride CapMetro's trains.

By natty armegeddeon

March 22, 2010 10:47 AM | Link to this

O goody! more gentrification! yippee. more carpet baggers. Did you know Austin will always be fine without carpet beggars b/c we have the State Capitol and its related industry as well as UT. We don't need and have ever needed this development.

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Iteya.com: Top Personal Finance Blogs for Managing ... - PR-USA.net

Posted: 22 Mar 2010 02:42 AM PDT

Not having the funds to pay taxes, credit cards, and other expenses won't only result in extra fees or bankruptcy, but also stress that can lead to weight gain and marital problems. Financial meltdowns are something many people go through, but they can be avoided with the proper money management skills.

The problem is that most people aren't taught how to handle their earnings. Fortunately, there are websites out there that can help. Iteya.com, a website dedicated to saving people cash, has come up with a list of the best personal finance blogs.

"It amazes me that money management, one of the most important subjects to know, isn't being taught in our schools," said Richard Spore, owner of Iteya.com. "Thankfully, there are many bloggers out there who understand personal finance that are willing to share their knowledge for free."

  Some of the personal finance blogs include:
 
   --  Get Rich Slowly - named the most inspiring money blog by Money
       magazine, provides slow key steps that can help about anybody become
       wealthy.
   --  Frugal Dad - offers financial advice for families to get out of debt
       and start saving for the future.
   --  FiveCentNickel.com - ranks the top credit cards, savings rates, and CD
       rates.
   --  Lazy Man and Money - offers efficient (or "lazy") ways to save and
       make more money.
   --  Man vs. Debt - chronicles the life of a man trying to sell his stuff,
       pay off his debt, and start doing what he loves.
   --  Free Money Finance - supplies useful information on ways to grow net
       worth.
   --  Being Frugal.net - offers money-saving tips from a Christian
       stay-at-home mom perspective.
   --  Money Blue Book - provides personal finance tips beyond credit cards
       and balance transfers.
   --  Moolanomy - offers tips to improve cash flow, optimize finances, and
       build wealth as well as a Q&A service.
 
 
 

To view the full list of personal finance blogs with links, visit

About Iteya.com:

Iteya.com is a loyalty site that rewards its members for shopping online with points toward Amazon and eBay gift cards. Iteya's "FREE Money" section provides information on ways to save and make money through surveys, cashback and reward sites, coupons, free samples, deals, and personal finance blogs.

Source: Iteya.com

Kids' Spending Affected by Recession Too - Momlogic.com

Posted: 22 Mar 2010 11:32 AM PDT

It's not just parents who are tightening their belts in these times of financial hardship. Kids' wallets have been hit hard, too.

A new study has found that one in four children have reduced their spending because of the recession. The study of 1,000 kids, commissioned by HSBC Bank and the Personal Finance Education Group (pfeg), found that children's attitudes toward money have been profoundly changed by the recent economic crisis.

Eight out of ten said they would save up to buy something rather than get into debt, and over a third said that at least once per week they have heard adults say they can't buy something because of the recession.

"The survey shows that children have very good instincts towards money and they seem to be natural savers," says Wendy van den Hende, pfeg's chief executive. "This does not always last into adulthood, which is why we are working to improve financial education in schools to reinforce these instincts. It is good to see that parents also agree that this is important."

Just reminds us that even though they are little, kids are very perceptive and aware of what's happening inside -- and outside -- our homes and families.

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Germany reportedly close to approving bank tax - Marketwatch

Posted: 22 Mar 2010 07:28 AM PDT

LONDON (MarketWatch) -- German Chancellor Angela Merkel's cabinet could approve a bank tax intended to cover the cost of future financial bailouts as early as next week, Dow Jones Newswires reported Monday, citing a government spokesman. The plan would complement a bill being promoted in the U.S. that could require the biggest firms to pay a total of $50 billion, the report said. The cabinet will discuss the plans at a meeting next week, which will also be attended by French Finance Minister Christine Lagarde, it added. While the details haven't yet been finalized, the report said the regulations would create a fund outside of the government's budget that would pay for restructuring costs in the event of another crisis. Merkel wants an international consensus on financial regulations that could include such a levy.

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