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<title>Latest news from Austin Business Journal</title>
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<description>Austin Business Journal : breaking news from Austin</description>

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<title>Hutchinson takes big step toward gubernatorial bid</title>
<link>http://www.bizjournals.com/ct/rc/30414/www.bizjournals.com/austin/stories/2008/12/01/daily45.html?ana=from_rss</link>
<description>U.S. Sen. Kay Bailey Hutchison, R-TX, made her interest in running for Texas governor official on Thursday by filing paperwork to form an exploratory committee for the 2010 Texas gubernatorial race. </description>
<pubDate>Thu, 04 Dec 2008 20:48:22 GMT</pubDate>
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<item>
<title>Rail Relocation group launches campaign ahead of '09 lege session</title>
<link>http://www.bizjournals.com/ct/rc/30414/www.bizjournals.com/austin/stories/2008/12/01/daily44.html?ana=from_rss</link>
<description>Transportation advocacy group The Texas Rail Relocation and Improvement Association on Thursday launched its Rail Relo Now! campaign aimed at obtaining funds to help relocate freight rail lines out of densely-populated, urban areas statewide. </description>
<pubDate>Thu, 04 Dec 2008 20:44:30 GMT</pubDate>
</item>

<item>
<title>Douglas named president of RECA</title>
<link>http://www.bizjournals.com/ct/rc/30414/www.bizjournals.com/austin/stories/2008/12/01/daily42.html?ana=from_rss</link>
<description>The Real Estate Council of Austin has elected new officers for 2009, including Craig Douglas as RECA&rsquo;s president. </description>
<pubDate>Thu, 04 Dec 2008 19:33:21 GMT</pubDate>
</item>

<item>
<title>AMD expects lower Q4 revenue</title>
<link>http://www.bizjournals.com/ct/rc/30414/www.bizjournals.com/austin/stories/2008/12/01/daily41.html?ana=from_rss</link>
<description>Advanced Micro Devices Inc. said Thursday it expects revenue from continuing operations for the fourth quarter to be approximately 25 percent lower than third quarter&#39;s $1.6 billion, not including process technology license revenue. (AMD) </description>
<pubDate>Thu, 04 Dec 2008 16:37:43 GMT</pubDate>
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<item>
<title>Job cuts and layoffs roundup</title>
<link>http://www.bizjournals.com/ct/rc/30414/www.bizjournals.com/austin/stories/2008/12/01/daily40.html?ana=from_rss</link>
<description>Large job cuts were announced Thursday and Wednesday by companies in several industries -- including financial, telecommunications, media. </description>
<pubDate>Thu, 04 Dec 2008 16:34:25 GMT</pubDate>
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<item>
<title>Boundless Networks makes another buy, this one in Texas</title>
<link>http://www.bizjournals.com/ct/rc/30414/www.bizjournals.com/austin/stories/2008/12/01/daily38.html?ana=from_rss</link>
<description>Two Texas rivals in the promotional merchandise business are now one. </description>
<pubDate>Thu, 04 Dec 2008 16:24:21 GMT</pubDate>
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<item>
<title>AT&amp;T plans to cut 12,000 jobs</title>
<link>http://www.bizjournals.com/ct/rc/30414/www.bizjournals.com/austin/stories/2008/12/01/daily37.html?ana=from_rss</link>
<description>Telecommunications giant AT&amp;T Inc. said Thursday it plans to eliminate 12,000 jobs, or approximately 4 percent of its total work force. </description>
<pubDate>Thu, 04 Dec 2008 15:26:49 GMT</pubDate>
</item>

<item>
<title>Introgen files Chapter 11</title>
<link>http://www.bizjournals.com/ct/rc/30414/www.bizjournals.com/austin/stories/2008/12/01/daily36.html?ana=from_rss</link>
<description>Major questions over the effectiveness of its flagship drug, a dramatic drop in stock price and its pending removal from the Nasdaq exchange marked the steady decline of Introgen Therapeutics Inc. in recent months. Now the Austin-based biopharmaceutical company is filing for Chapter 11 bankruptcy protection and looking to sell its therapeutic product portfolio. </description>
<pubDate>Wed, 03 Dec 2008 22:16:04 GMT</pubDate>
</item>

<item>
<title>U.S. employment levels continue to drop</title>
<link>http://www.bizjournals.com/ct/rc/30414/www.bizjournals.com/austin/stories/2008/12/01/daily35.html?ana=from_rss</link>
<description>The U.S. economy shed 250,000 jobs from October to November, according to a new jobs report. </description>
<pubDate>Wed, 03 Dec 2008 20:44:48 GMT</pubDate>
</item>

<item>
<title>Companies sign on to local clean energy initiative</title>
<link>http://www.bizjournals.com/ct/rc/30414/www.bizjournals.com/austin/stories/2008/12/01/daily34.html?ana=from_rss</link>
<description>Major companies from Freescale Semiconductor Inc. to Dell Inc. are partnering on a bold new effort to make Austin a clean energy hub. </description>
<pubDate>Wed, 03 Dec 2008 20:43:38 GMT</pubDate>
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