Penguin Random House donates 750K books to students following school closures due to COVID-19

Publishing company Penguin Random House announced it has donated 750,000 books to First Book, an education nonprofit dedicated to bringing books to students in need amid school closures due to COVID-19. 

Dow climbs 456 points as oil stabilizes and small business funding nears

The Dow Jones Industrial Average climbed 456 points, or 1.99 percent, while the S&P 500 and Nasdaq Composite gained 2.29 percent and 2.8 percent, respectively.

Social Security and Medicare funds at risk even before coronavirus pandemic

For Social Security, the projected 2035 date for exhausting the trust fund reserves means that it would be able to pay only 79% of benefits.

Tyson to suspend operations at largest pork plant indefinitely following coronavirus outbreak

Tyson Foods suspended operations Wednesday at an Iowa plant that is critical to the nation’s pork supply but had been blamed for fueling a massive coronavirus outbreak in the community.

City officials discuss Austin Economic Injury Bridge Loan Program

The program provides loans up to $35,000 for daily needs like rent, payroll, and debt. The news conference is scheduled for noon and FOX 7 Austin will air online and on our Facebook page.

Amoeba Music struggling to stay afloat during COVID-19 crisis

Empty streets in Hollywood. The iconic Amoeba Music Store on Hollywood Boulevard is closed. A much different vibe from better days.

People missing out on stimulus checks because spouses are immigrants

Roughly 1.2 million U.S. citizens did not receive stimulus checks because they are married to immigrants who don’t have social security numbers and joint-filed their taxes.

Central Texas small businesses struggle due to COVID-19

Many people are struggling to file for unemployment benefits and are unable to obtain small business loans.

Gov. Abbott says order outlining next steps to reopen economy will be released Monday

The governor said that will be contingent on a plan to increase testing as well as contact tracing, but claims the state's coronavirus response team is already working with business owners to outline ways they can operate safely.

Texas Railroad Commission passes on putting cap on oil production

The price of oil fell again on Tuesday as the Texas Railroad Commission, which regulates oil, was divided about what to do.

Dow tumbles 631 points as oil selloff deepens

The Dow Jones Industrial Average tumbled 515 points, or 2.18 percent, in the opening minutes of trading. The S&P 500 and Nasdaq Composite dropped 1.76 percent and 1.2 percent, respectively.

Chipotle agrees to record $25 million fine over tainted food

The company admitted that poor safety practices, such as not keeping food at proper temperatures to prevent pathogen growth, sickened customers in parts of California.

Iconic Austin establishment Threadgill's closing its doors for good

Like other restaurants and businesses in town, Threadgill's was forced to shut its doors due to the coronavirus and it had anticipated reopening back up in May.