
Beck Salgado
Business Reporter at Austin American-Statesman
Business reporter at the Austin American-Statesman | @Poynter fellow | @MarquetteU grad
Articles
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2 weeks ago |
statesman.com | Beck Salgado
If you have ever paid to laugh in the Austin area, there's a good chance you've interacted with the city's fastest-growing punchline peddler, SquadUP. The Los Angeles-based ticketing service now works with three comedy venues in the Austin area and recently made headlines when it inked a deal with Joe Rogan’s Comedy Mothership.
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2 weeks ago |
statesman.com | Beck Salgado
The latest is Royal Blue Grocery, which said it would be closing its Congress Avenue location after its landlord denied a renewal for the grocer’s lease. “We have been trying to renew our lease for the last several months but were recently informed that won’t be an option.
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2 weeks ago |
statesman.com | Beck Salgado
After Trump's worldwide tariffs were announced last week, local businesses in the Austin area are struggling to adjust before they go into place this Wednesday, including Toy Joy. “This is an existential threat to US-based toy companies of all sizes,” Toy Joy COO Robby Pettinato said. “Ultimately, very few have the capabilities to even weather the cost of goods increase from the tariffs.
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3 weeks ago |
statesman.com | Beck Salgado
While Tesla CEO Elon Musk has been busy in Washington, D.C., with the Department of Government Efficiency, Austin's electric vehicle maker seems to have been losing its foothold in the auto market. The company's latest quarterly report, released this week, shows sales dropped 13% from the prior year. The highlight number was the 337,000 electric vehicles that the company delivered through March, approximately 50,000 fewer than during the same period 2024.
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3 weeks ago |
yahoo.com | Beck Salgado
With President Donald Trump insisting on tariffs that could potentially spark a global trade war, the automobile industry is running low on gas without an exit in sight. However, despite a recent drop in sales, Tesla stock has been cruising on an unlikely rally over the past week. But are there bumps in the road head? The automobile industry is characterized by its extensive network of international outposts, where car parts are manufactured and assembled across various countries.
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