Business

Economics, employment, jobs, real estate, taxes, economic development and incentives, workforce development, IPOs, investment and anything related to business in Austin and the Central Texas counties of Travis, Hays, Caldwell, Bastrop and Williamson

Gabriel C. Pérez / KUT

Amazon made a big splash when it announced it is looking for a home for its second headquarters and subsequently placed Austin on its short list with 19 other cities. But beyond those big, public proclamations, not much is known about what the company will do next. 

Gabriel C. Pérez / KUT

At 3 percent, the unemployment rate in Central Texas is one of the lowest in the country. But most of the jobs driving that low rate require higher skilled workers, and roughly two-thirds of job seekers here don't fall into that category.

Jorge Sanhueza-Lyon / KUT

One of two direct flights from Stockholm is landing in Austin today. SAS, a Scandinavian airline, has found that South by Southwest is so popular back home that it decided to start flying people nonstop to Austin just for the festival.

Gabriel C. Pérez / KUT

State-sponsored film incentives are a big driver of the entertainment industry these days. States like Georgia and Louisiana have beefed up their programs, luring big projects away from states that have curbed their programs – like Texas.

Updated at 7:40 p.m. ET

Walmart and Dick's Sporting Goods say they won't sell guns to customers under 21, and both are putting new restrictions on ammunition sales.

Dick's Sporting Goods, one of the largest sports retailers in the U.S., has announced it is immediately ending its sales of military-style semi-automatic rifles and is requiring all customers to be older than 21 to buy a firearm at its stores. Additionally, the company no longer will sell high-capacity magazines.

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