Daily Archives: January 3, 2019

Apple places $1B cherry atop already sweet 2018 for Austin

Many Austin cheerleaders argue the Texas capital has been a major league U.S. city for years. They point to the city’s abilities to attract and support entrepreneurs, entice venture-capital investment and draw top tech talent. But 2018 may be remembere...

By | 2019-01-03T23:00:00+00:00 January 3rd, 2019|Technology|

Cloudera completes Hortonworks deal, but investors aren’t convinced

Cloudera Inc. completed its "merger of equals" with Hortonworks Inc. on Thursday, but investors appear unconvinced that it will ultimately equal success. The combination of Palo Alto-based Cloudera and Santa Clara-based Hortonworks was valued at about...

By | 2019-01-03T22:51:57+00:00 January 3rd, 2019|Technology|

City treasurer says nearly all of “missing” $30M is now reconciled

The city of Philadelphia announced Thursday it has accounted for almost all of the $30 million that the city controller declared "missing" last summer. Eight months ago, a City Council hearing revealed the Treasurer's Office had failed to check its o...

By | 2019-01-03T21:13:44+00:00 January 3rd, 2019|Economics|

USAA Bank to pay $15.5M in settlement with consumer protection bureau

San Antonio-based USAA Federal Savings Bank agreed to pay $15.5 million in a settlement with the Consumer Financial Protection Bureau over the reopening tens of thousands of personal bank accounts without authorization and issues with electronic fund t...

By | 2019-01-03T21:00:21+00:00 January 3rd, 2019|Economics|

For-profit university ordered to provide $22M in debt relief to Arizona students

After a five-year investigation by 48 states, Career Education Corp. has agreed to stop collecting $22 million in debt from Arizona students who attended the company's for-profit schools. The deal is part of a national settlement of $493.7 million in ...

By | 2019-01-03T20:00:21+00:00 January 3rd, 2019|Education|

Cal U. receives grant to develop research hop yard for beer

Plenty of students drink beer in college, but those at the California University of Pennsylvania will have a chance to grow it. The university received a $72,500 grant from the state to develop a "trial garden" of hops, focusing on sustainability, dis...

By | 2019-01-03T13:30:52+00:00 January 3rd, 2019|Education|

Here’s how much the University of Houston is expected to pay to hire Holgorsen

The University of Houston’s new head football coach, Dana Holgorsen, is expected to receive a record-breaking contract. According to SBNation and other reports, Holgorsen and UH have agreed to a five-year contract worth $20 million in total. That woul...

By | 2019-01-03T13:30:21+00:00 January 3rd, 2019|Education|