Alphabet will enter the Dow next Monday, replacing Verizon and boosting tech's footprint in the 30-stock index. The swap highlights quirks in the Dow's price-weighted design.

Johnny Doughnuts opened its fifth shop at Santana Row this week, creating about 16 jobs and investing roughly $210K–$240K in the buildout. A sixth location at Napa’s Oxbow Public Market is next.

The Austin African American Book Festival celebrates its 20th anniversary this Saturday at the Carver Museum with Nikole Hannah-Jones, John Hope Bryant and family programming.