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Lori Hawkins

@LoriCHawkins

Business reporter at the Austin American-Statesman covering retail, consumer product startups, entrepreneurs, and anything else that pops up along the way.

Austin, Texasstatesman.comJoined August 2008

1,095 Following

3,782 Followers

Lori Hawkins’s Tweets

'We have let the people down': Austin mayor apologizes for city's response to power outages statesman.com/story/news/202 via

'We have let the people down': Austin mayor apologizes for city's response to power outages

Austin's response to widespread power outages has garnered criticism as more than 119,000 Austin Energy customers still had no power Friday afternoon.

Experts say, burying Austin Energy's existing power lines would be costly, difficult

Austin Energy has more than 12,000 miles of transmission lines, and it could cost $1 billion per 1,000 miles to move them underground, experts say.

Austin airport remains open Wednesday but cancelations, delays continue statesman.com/story/business via

Austin airport remains open Wednesday but cancelations, delays continue

The Austin airport remained open on Wednesday morning amid icy conditions. So far, 89 flights from Austin have been canceled and more are expected.

More than 150 flights canceled, delayed at Austin airport as winter storm hits statesman.com/story/business via

More than 150 flights canceled, delayed at Austin airport as winter storm hits

More than 150 flights have been canceled at Austin-Bergstrom International Airport, and the airport has closed the entrance to its car rental area.

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'Local love': How Austin small businesses are staying alive in challenging times statesman.com/story/business via

'Local love': How Austin small businesses are staying alive in challenging times

Austin's small, local merchants set the city apart, but are battling rising rents, inflation and labor shortages.

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There's not enough space in Austin's retail market. So where are new merchants opening shop? statesman.com/story/business via

There's not enough space in Austin's retail market. So where are new merchants opening shop?

A rebound from the pandemic and a slowdown in new construction is making it tough for some businesses to find the space they want.

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Lori Hawkins Retweeted

Austin Statesman

What we learned from a wild 2022 in Austin's housing market

Why Austin's housing market is tilting back toward buyers in 2023

As 2022 came to an end, the market saw fewer homes selling, more sellers lowering their asking price and homes staying on the market longer.

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Transportation giant Ryder to cut 800 jobs in Austin statesman.com/story/business via

Transportation giant Ryder to cut 800 jobs in Austin

Ryder said the layoffs are related to the closing of its operations at the Applied Materials site at 9700 U.S. 290.

Lori Hawkins Retweeted

Austin Statesman

Billion-dollar remake of Brodie Oaks retail center site moves closer to reality

Billion-dollar remake of Brodie Oaks retail center site moves closer to reality

The property owner envision 3.1 million square feet of new development, including residential, office, retail and hotel space.

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Will dollars keep pouring in for Austin startups in 2023? Here's what experts say statesman.com/story/business via

Will dollars keep pouring in for Austin startups in 2023? Here's what experts say

Austin-area compaanies raised $5 billion in 2022. Local experts say the national downturn could slow that this year, but they are still optimistic.

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Lori Hawkins Retweeted

Austin Statesman

Another Austin tower: 32-story condo high-rise proposed for downtown

Another Austin tower: 32-story condo high-rise proposed for downtown

Initial plans call for 220 condos in the project, which would be built at West 14th and Lavaca streets.

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Multimillion-dollar 58-acre site on Lake Travis set to be sold at auction statesman.com/story/business via

Multimillion-dollar 58-acre site on Lake Travis set to be sold at auction

The Lago Vista site has approvals to build 200-plus multifamily rental units and a 40-boat slip marina, according to the property owner.

Despite challenges, Austin retailers are optimistic about chances for success in 2023 statesman.com/story/business via

Here's why Austin retailers think 2023 will be a better year for them

More shoppers are expected to return to stores in 2023, analysts say.

Texas economy: Why rough days could be ahead for manufacturing, service sectors statesman.com/story/business via

Texas economy: Why rough days could be ahead for manufacturing, service sectors

The 2023 economic outlook has dimmed for both the manufacturing and service sectors in Texas.

Texas economy: Why rough days could be ahead for manufacturing, service sectors statesman.com/story/business via

Gasoline prices are rising in Austin: What you need to know statesman.com/story/business via

Gasoline prices are rising in Austin: What you need to know

The average price for a a gallon of unleaded gas in Austin is $2.72, up 14 cents from a month ago.

Challenges loom for Austin-area housing market in 2023. Experts experts weigh in on outlook statesman.com/story/business via

Challenges loom for Austin-area housing market in 2023. Experts experts weigh in on outlook

The pace of home sales and median prices could ease in 2023, but continued job growth and newcomers to the Austin area should help the market.

Is the Texas power grid ready? Five takeaways from Gov. Abbott's winter freeze briefing statesman.com/story/business via

Is the Texas power grid ready? Five takeaways from Gov. Abbott's winter freeze briefing

Austin is forecast to see lows in the teens overnight Thursday and then Friday night into Saturday

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'I met my destiny here': Advertising veteran Roy Spence is 2022 Austinite of the Year

Co-founder of Austin ad agency GSD&M, Spence has also led a number of local charitable and nonprofit efforts.

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New two-story H-E-B on Lake Austin sets opening date. Here's what to expect statesman.com/story/business via

New two-story H-E-B on Lake Austin sets opening date. Here's what to expect

The multi-level H-E-B Lake Austin will feature barbecue and pizza restaurants and will include a full bar and indoor and outdoor seating

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As U.S. recession fears loom, what does that mean for Austin's job market? statesman.com/story/business via

As U.S. recession fears loom, what does that mean for Austin's job market?

The Austin region's unemployment rate stands at 2.8%, a figure economists consider so low that most people who want a job have one.

Gas prices drop for Austin drivers — but how long will it last? statesman.com/story/business via

Gas prices drop for Austin drivers — but how long will it last?

The average price in Austin has dropped 10 cents per gallon in the past week, and currently averages $2.71 per gallon of regular unleaded gasoline

'Heightened uncertainty': Texas economy facing more challenges as growth slows statesman.com/story/business via

'Heightened uncertainty': Texas economy facing more challenges as growth slows

The Texas manufacturing and services sectors are struggling and more headwinds loom, according to new reports from the Dallas Fed.

Downtown Austin continues to bounce back from COVID downturn, report finds statesman.com/story/business via

Downtown Austin continues to bounce back from COVID downturn, report finds

The report found that downtown is benefiting from an increasing number of residents, and the return of office workers and out-of-town visitors.

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Lori Hawkins Retweeted

Austin Statesman

Yes, this is real.

Why is a giant Elon Musk sculpture being driven around Austin? Here's what we know

A cryptocurrency firm run by Elon Musk fans built a monument in the billionaire's image. Yes, seriously.

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'Very optimistic': Austin retailers ready for Black Friday, holiday shopping season statesman.com/story/business via

'Very optimistic': Austin retailers ready for Black Friday, holiday shopping season

Following Black Friday, the spotlight will turn to Small Business Saturday, and then on to Cyber Monday, where the focus shifts to e-commerce deals.

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Austin Chamber of Commerce CEO Laura Huffman to step down at the end of the year statesman.com/story/business via

Austin Chamber of Commerce CEO Laura Huffman to step down at the end of the year

Huffman became CEO of the Chamber in April 2020, just as the as the pandemic was creating upheaval for the local business community

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Texas comptroller: As potential recession looms, state sitting on billions in tax revenue statesman.com/story/business via

Texas comptroller: As potential recession looms, state sitting on billions in tax revenue

Texas Comptroller Glenn Hegar says Texas is well-positioned to handle an economic downturn, with at least $27 billion for legislators to allocate.

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Austin's Kendra Scott teaming up with Barbie to offer new jewelry line statesman.com/story/business via

Austin's Kendra Scott teaming up with Barbie to offer new jewelry line

The limited-edition Barbie x Kendra Scott collection consists of two necklaces, two bracelets and two pairs of earrings.

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After pandemic's pain, future looking brighter for Austin's hotel market statesman.com/story/business via

After pandemic's pain, future looking brighter for Austin's hotel market

With a strong 2022 performance by major events like SXSW, ACL and F1 Austin tourism experts bullish closing out the year and heading into the new year

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For now, Austin drivers getting a break on gasoline prices statesman.com/story/business via

For now, Austin drivers getting a break on gasoline prices

Average prices in Austin have fallen 6 cents per gallon in the past week, and currently average $3.09 per gallon of regular unleaded gasoline

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Lori Hawkins Retweeted

Austin Statesman

Guero's Taco Bar founder Rob Lippincott, a stalwart in the Austin hospitality scene and a driving force in helping give South Congress Avenue its distinctive style, died Saturday night at his home, according to social media posts by the restaurant.

Guero's Taco Bar founder Rob Lippincott, who helped transform South Congress, has died

Rob Lippincott, the Guero's Taco Bar founder and a driving force in helping give South Congress Avenue its distinctive style, died Saturday at home.

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Lori Hawkins Retweeted

Austin Statesman

How has Samsung sought to become part of the Taylor community? What kind of backlash have local leaders seen with regard to the massive economic development project?

'Beehive of activity': In Taylor, Samsung's giant expansion is well underway

Construction of Samsung's $17 billion manufacturing facility is on track, and the city is already seeing early impacts from the tech giant.

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Austin's Southpark Meadows retail center getting new owner, and an upgrade statesman.com/story/business via

Austin's Southpark Meadows retail center getting new owner, and an upgrade

Big V Property Group of Charlotte, N.C., is the new owner of the South Austin development, which is nearly 1 million square feet in size.

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Signs of trouble: New reports show Texas economy is facing headwinds statesman.com/story/business via

Signs of trouble: New reports show Texas economy is facing headwinds

Texas manufacturing output grew in October, but new orders are declining and the outlook is worsening. Meanwhile, retail sales declined.

Austin Greek-Mexican fusion startup Ziki raises millions, set for expansion statesman.com/story/business via

Austin Greek-Mexican fusion startup Ziki raises millions, set for expansion

Startup spotlight: Austin's Ziki raises millions from Gigafund to expand its Greek-Mexican fusion food trucks

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Austin sees drop in venture capital dollars as worries about economy grow statesman.com/story/business via

Austin sees drop in venture capital dollars as worries about economy grow

Investors are taking a step back amid economic uncertainty and recession fears.

Lori Hawkins Retweeted

Austin Statesman

Austin's boom is far from over, as a new report says the metro area has the second-fastest-growing economy in the country.

Austin's economy among fastest-growing in the U.S., new report finds

Austin's estimated regional GDP increased by 4.3% in 2022, second only to San Francisco at 4.8%, according to the report.

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Austin's airport adds nonstop route to Monterrey, Mexico: What you need to know statesman.com/story/business via

Austin's airport adds nonstop route to Monterrey, Mexico: What you need to know

The new service will operate daily between Austin and northeast Mexico.

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Texas football coach Steve Sarkisian puts home on market, but isn't leaving Austin statesman.com/story/business via

Texas football coach Steve Sarkisian puts home on market, but isn't leaving Austin

Sarkisian's house, which has 5,331 square feet and five bedrooms, is listed for $7.5 million.