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The city's Board of Adjustment has ruled that short-term rentals, also referred to as vacation rentals, for a period of less than 10 days is a violation of city code.

The City of Austin however is deferring enforcement of the...

Citing an unfruitful search to find an event sponsor that could help the First Night organization see their family-centered 2011 New Year's Eve arts celebration come to life on the scale they had hoped for, First Night Austin's Board President Dewy Brooks has announced that First Night 2011 will not happen and that the non-profit organization that helped to coordinate past iterations of the event will be dissolved.

Monday night's School Board meeting saw the official approval of the Reduction in Force job cuts.

Though 361 staff members have avoided being laid-off by resigning, retiring or taking other positions, 490 employees are jobless; 302 are not under contract and will not be rehired.

The activist investor cuts his stake by tens of millions of shares in the months following his resignation from Yahoo's board last fall.

Before the economic downturn, discount retailer Target was beloved by both consumers and Wall Street. One of its largest shareholders invested billions in the company two years ago, and has since lost about half that investment.

That disappointed shareholder is looking to shake up Target's board of directors in what's become an expensive corporate fight.