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These restaurants are closing dining rooms to flatten the curve
(Pexels)

Austin's restaurants have had a tough year. With COVID-19 cases on the rise, hospitals nearing capacity and Stage 5 COVID-19 risk-based guidelines in effect, some Austin eateries have taken it upon themselves to put "flattening the curve" on the menu.


After a year of strife and strain on the food industry, the latest Stage 5 recommendations have put extra strain on restaurant owners, leaving them between a rock and a hard place. Since the guidelines are just recommendations, not orders, owners are left with the choice to stay open and risk infection or close and lose money.

The guidelines recommend shuttering dine-in services, limiting outdoor dining to 50% and closing down at 10:30 p.m.

Although the guidelines just went into effect on Wednesday, these restaurants have already voluntarily closed their dining rooms.

P. Terry's

P. Terry's announced on Saturday that it would close dining rooms at all burger stands and Taco Ranch locations effective immediately, though drive-thru and delivery will still be open.

DrinkWell

DrinkWell, located at 207 E. 53rd St., closed its dine-in services on Wednesday, the same day Austin moved into Stage 5, though pickup and curbside options are still available.

"We are closing dine-in services voluntarily as a way to do our part to support our community in lowering the impact of COVID-19 for our guests and the staff here at DrinkWell," the restaurant said on Instagram.

Old Thousand

Old Thousand, located at 1000 E. 11th St., made the decision to close Sunday but remains open for takeout. Its second location, at 4805 Burnet Road, was not mentioned in the temporary closure.

Eldorado Cafe

Eldorado Cafe, located at 3300 W. Anderson Lane, is one of the rare restaurants that has had their dining room closed through the entirety of the pandemic. Now is no different, as the restaurant plans to reopen indoor dining in 2021.

L'Oca d'Oro

Likewise, L'Oca d'Oro, located at 1900 Simond Avenue, has kept customers from dining in for months, trying to adapt to the pandemic in other ways, like starting a subscription service.

More than 110,000 restaurants—or nearly 1 out of every 5 establishments—have shut down nationally since the pandemic started, according to a recent survey. Locally, it has meant Austin has said goodbye to iconic spots like Shady Grove, Threadgill's and Magnolia Cafe on Lake Austin, among others.

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With deposition and trial looming, Elon Musk has offered $44B for Twitter, again
Shutterstock

Elon Musk has proposed once again to buy Twitter for $54.20 a share.

The news that Musk is offering to carry on with the $44 billion buyout was first reported by Bloomberg. Now, a filing with the Securities and Exchange Commission shows Musk made the proposal in a letter to the tech giant on Monday.

The New York Stock Exchange temporarily halted trading in Twitter stock twice Tuesday, first because of a big price move and the second time for a news event, presumably the announcement of Musk's renewed offer.

While the per share offer price on this latest proposal remains the same as the original offer, it’s unclear if Musk has made other term changes or if Twitter would reject it. According to other reports, a deal could be reached this week.

The stock closed at $52.00/share Tuesday, indicating market uncertainty around the $54.20 offer.

After Musk informed Twitter of plans to terminate the original agreement in July, Twitter sued. A trial has been expected in Delaware Chancery Court on Oct. 17.

With the proposition of a buyout on the table again, it revives the question of whether Musk might move Twitter from San Francisco to Central Texas.

He’s done so with some of his other companies. Tesla’s headquarters in southeast Travis County had its grand opening earlier this year and tunneling business The Boring Company moved to Pflugerville. At least two other Musk companies, SpaceX and Neuralink, have a Central Texas presence without being headquartered here.

Technology journalist Nilay Patel this afternoon voiced concerns that owning Twitter and Tesla together could be problematic for Musk, as his Tesla manufacturing facilities in Germany and China are both in countries that have disputes with Twitter over content moderation and censorship.

Telsa shares fell after the Twitter news became public, before rallying to close up, at $249.44.

Austin rents nearly double in a year and are now in the top 5 nationwide
Dwellsy

While searching for a place to live, Austin renters will face monthly rates of nearly $3,000, a recent guide from rental marketplace Dwellsy shows.

The median rent in August this year was $2,930, a more than 86% increase since August 2021. That’s $820 more than the nationwide median asking rent in August and puts Austin just below the Bay Area, Boston and New York for large cities with the most expensive asking rent.

“Within this group, Austin, TX stands out for the highest increases in asking rent, which has nearly doubled since this time last year,” the study notes.

Outside of those large cities, however, others are seeing even higher rent spikes. Metro areas that ranked above Austin in one-year increases include those like Kansas City, MO with a 112% change in rent since last August and Tucson, AZ with a 124% change.

The data reflects large apartment communities, single-family homes and 2-6 unit buildings.