Business

Dotray: A new hotel, and Lubbock can expect a few businesses to open this week

Nick's Sports Bar & Grill and Back 40 Grill are expected to open this week.

Local News »

Dotray: From donuts to burgers, plenty of 'coming soons' in store for Lubbock

Twisted Root Burger, Back 40 Bar & Grill and Nick's Sports Bar and Grill open soon

Business »

Young consumers making giant contribution to Lubbock economy

The presence of thousands of young adults makes a difference - a $2 billion difference.

By MATT DOTRAY

Local News »

Reagor Dykes Auto Group gets ranked on 2014 Inc. 5000

A little less than a year after its 10th anniversary, Reagor Dykes Auto Group has found its way onto Inc. Magazine's list of the 5,000 fastest-growing private companies.

By MATT DOTRAY

Agriculture

High Plains water board race could suggest changing views (Agriculture blog)

Howell: Cotton leaps to six-week high, closes above midrange

After testing a support area the prior week, cotton futures jumped last week to a six-week high in spot December before giving back nearly half the advance in some choppy daily price action.

Texas Agriculture Report

Precipitation fell across much of the state. Areas of the Trans-Pecos and the Plains received 1 or more inches of rainfall. Portions of the Lower Valley received 2 or more inches of precipitation. The rest of the state received little to no rainfall.

Howell: Cotton puts in mixed showing as harvest gains speed

Improving weather, promoting fast-paced harvesting in big areas of the Delta and Southeast, helped to keep rallies in check last week as cotton futures put in a mixed performance. Spot December dipped 52 points to close the week ended Thursday at 63.

More Business

35 eating establishments have health inspection violations

Restaurant reports for the week ending Nov. 1: NO CRITICAL VIOLATIONS ■ Beck’s Quality Meatland, 2323 66th St., Ste. E ■ Bolten Service No. 1, 3709 Ave. Q ■ Caprock Café (Bar), 5217 82nd St., No. 105 ■ The Chocolate Mousse Pie Bar, 4210 82nd St. ■ Cinemark Movies 16, 5721 58th St. ■ Dion’s Pizza, 905 University Ave. ■ Domino’s Pizza, 1708 Parkway Drive ■ Drug Emporium, 5109 82nd St. ■ El Gran Elotes, 2131 Clovis Road ■ Fazoli’s No. 5103, 4008 82nd St. ■ Kentucky Fried Chicken, 7902 University Ave.

Posted: 11/06/14 - 5:43pm | Comments 0

Restaurants

Survey finds people text, drive knowning dangers

SAN FRANCISCO — Nearly everyone agrees that texting and driving is dangerous. Many people do it anyway. In an AT&T-sponsored survey of frequent drivers who text daily — regardless of where they are — 98 percent said they were aware of the dangers of texting behind the wheel. Nonetheless, three-quarters of them admitted to texting while driving, despite broad public-service campaigns and laws against it in some states.

Posted: 11/06/14 - 12:21am | Comments 0

Technology

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Young YouTube critics become toy makers' new darlings

NEW YORK — A snaggletooth 8-year-old. A middle schooler with a punk rocker bob cut and big earrings. Tween siblings with a penchant for playing. These are among the young power brokers who will determine the toys that will be under Christmas trees this year. At a time when toy sales have stagnated for years at $22 billion, children who review toys on YouTube are wielding increasing influence. Toy makers are courting them for their ability to connect with a generation that views the online video sharing service like baby boomers do HBO.

Posted: 11/06/14 - 12:20am | Comments 0

Business

Business in brief

VIENNA Saudi Arabia showed little concern for fellow OPEC members by unilaterally cutting its oil prices to the U.S. this week, a move that casts doubts on the cartel’s credibility and its ability to find a common plan to stabilize the slumping energy market. And while OPEC struggles to find consensus, oil prices risk remaining low — or falling further — to the benefit of consumers and businesses in the U.S. and worldwide.

Posted: 11/06/14 - 12:19am | Comments 0

Business

A few Suddenlink channels still gone; other cable providers benefiting from dispute

It has been more than a month since Suddenlink customers lost a few of their favorite channels, and it doesn’t appear as if the cable provider and global mass media company have come any closer to settling their dispute. Although Suddenlink’s decision to drop Viacom channels on Oct. 1 resulted in many unhappy customers, it was far from upsetting for other cable providers.

Posted: 11/05/14 - 9:24pm | Comments 0

Business

Comptroller to distribute $723 million in monthly sales tax revenue

State sales tax revenue increases by 13 percent Texas Comptroller Susan Combs said the state’s sales tax revenue increased almost 13 percent in last month compared to October 2013, reaching $2.41 billion. As a result, Combs said in a news release that the state will send cities, counties, transit systems and special purpose taxing districts their November local sales tax allocations totaling more than $731 million, up 10.5 percent compared to November 2013.

Posted: 11/05/14 - 7:48pm | Comments 0

Business

Oil prices tumble on Saudi discount move

LONDON — Oil prices slumped to multi-year lows on Tuesday after Saudi Arabia cut the price of oil sold to the U.S., a move that is shaking an already volatile market but will likely give the world economy an unexpected stimulus. The 25 percent or so slide in oil prices since the summer could boost consumer spending and business investment in many economies around the world as fuel bills fall.

Posted: 11/05/14 - 12:08am | Comments 0

Business

World Trade Center reopens for business

World Trade Center reopens for business NEW YORK — Thirteen years after the 9/11 terrorist attack, the resurrected World Trade Center has opened for business — marking an emotional milestone for both New Yorkers and the nation. Some staffers of publishing giant Conde Nast began working at 1 World Trade Center on Monday. The 104-story, $3.9 billion skyscraper dominates the Manhattan skyline. The publishing giant becomes the first commercial tenant in America’s tallest building.

Posted: 11/04/14 - 12:11am | Comments 0

Business

Low prices send chills through oil patch

WILLISTON, N.D. — Marcus Jundt moved to Williston from Minnesota almost four years ago and has opened four restaurants there since. Food isn’t propelling his business, though. It’s oil. “Everything I’ve done in Williston is a derivative of oil,” he says. That oil has averaged $96 a barrel over the past four years, fueling more drilling, more hiring, and bigger appetites in North Dakota, Texas, Oklahoma and elsewhere. Now oil has hit a rough patch, plunging to $79 from $107 in June on fears of a global glut. Many expect these lower prices are to stick around for a while.

Posted: 11/04/14 - 12:02am | Comments 0

Business