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Texas is a state located in the southern and southwestern regions of the United States of America. With an area of 261,797 square miles (678,051 km˜) and a population of 23.5 million in 254 counties, the state is second-largest in both area, behind Alaska, and population, behind California. About half the state's population resides in either the Dallas–Fort Worth or Houston metropolitan areas. Texas is internationally known for its energy and aeronautics industries, and for the ship channel at the Port of Houston—the largest in the U.S. in international commerce and the sixth-largest port in the world. The state is home to the most Fortune 500 companies in the United States and has the second-largest economy in the United States. The Texas Medical Center contains the world's largest concentration of research and healthcare institutions.

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Latest news for Austin Texas from Austin Business Journal

Billions for campus construction close to passage

May 21, 2013 5:15 pm

Billions of dollars in bonds for campus construction have received tentative approval by the Texas House, the Texas Tribune reports. The version of Senate Bill 16 by State Sen. Judith Zaffirini, D-La...

Wells Fargo, Chase slow foreclosure sales, while Bank of America continues

May 21, 2013 5:06 pm

Wells Fargo & Co., JPMorgan Chase & Co. and Citigroup Inc. have nearly halted foreclosure sales after federal regulators revised orders on the how troubled borrowers were to be treated before ...

Texas lawmakers pave way for stronger craft beer industry

May 21, 2013 4:39 pm

Its bottoms up for craft beer brewers in Texas after the House passed a package of bills Monday to help create a more robust craft beer marketplace. Four bills filed by State Sen. Kevin Eltife, R-Tyl...

Compare Metrics completes $4.2M Series A funding

May 21, 2013 4:00 pm

Software maker Compare Metrics Inc. has completed a $4.2 million Series A round of funding. The Austin-based company disclosed that investors included Austin Ventures LP and several angel investors, ...

YouEarnedIt enlists Semelsberger as CEO

May 21, 2013 2:24 pm

YouEarnedIt has enlisted Steve Semelsberger as its CEO. The Austin-based company, which developed an employee rewards and engagement platform, said Semelsberger was previously senior vice president a...

Bill to guide, fund Texas water projects OK'd

May 21, 2013 12:55 pm

Legislation to tackle Texas' water woes was approved by the Texas Senate on Monday. House Bill 4, filed by State Rep. Allan Ritter, R-Nederland, would direct $2 billion into a water infrastructure fu...

Austin investment office properties trade at rapid clip

May 21, 2013 12:40 pm

Austin office properties have been trading at a rapid clip since the first of the year, resulting in nearly 3 million square feet of commercial space being sold to a wide variety of investors through ...

Lawmakers agree on $50 million for ETF

May 21, 2013 12:30 pm

The governor's office and legislative leaders have agreed to supply the Texas Emerging Technology Fund with $50 million over two years to continue operations, State Rep. Jim Pitts, R-Waxahachie, told ...

Austin firefighter catches a wave among U.S. entrepreneurs

May 21, 2013 12:16 pm

Upstart Business Journal which names five people across to country to its "Entrepreneurs of the Week" list highlights an Austin firefighter on its most-recent slideshow. Matt Thomson foun...

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