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A co-op grocery pilot will launch in East Austin


A nonprofit-led grocery store is coming to East Austin.

Last week, Austin City Council approved a $500,000 contract with Go Vamos/Vamos Austin (GAVA) for a cooperative grocery store. To carry out the launch of the 31-month pilot, GAVA and city officials will recruit about 300 residents to assist with the co-op’s founding.

City documents say the store will address inequity in the availability of healthy food options in the Eastern Crescent, an area loosely defined as having I-35 on the west, US 183 on the north and east and south of US 71.

To determine whether it could be expanded, GAVA will study the store’s success and challenges.

Council member Vanessa Fuentes said the store could serve as a model for other cities to take on and expressed excitement that the initiative is advancing.

“It’s moving forward in a way that is centered and powered by the community, where the community will have a say in what their grocery store looks like, on the prices at the grocery store that’s affordable and culturally inclusive,” Fuentes said.

Funding for the pilot comes from federal dollars the city received through the American Rescue Plan Act.


Airport braces for high traffic this month with ACL and F1 drawing in travelers

(AUS airport/Instagram)

With major entertainment events slated for October, the Austin-Bergstrom International Airport is gearing up for a busy month.

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

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.