Business News

Houston Business News

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Finance

Texas Homeowners Grapple with Skyrocketing Insurance Costs

April 28, 2025

News Summary In Texas, homeowners are facing unprecedented increases in home insurance premiums, driven by severe weather and rising costs in the insurance market. Many are struggling to find affordable...

ConocoPhillips Layoffs Hit Houston After Marathon Oil Merger

April 26, 2025

News Summary Following the $22.5 billion merger between ConocoPhillips and Marathon Oil, Houston faces further layoffs. The company aims to cut costs amidst industry challenges, with job stability in question....

Financial Troubles Hit On The Border Mexican Grill & Cantina in Dallas

March 29, 2025

News Summary On The Border Mexican Grill & Cantina, a beloved Tex-Mex restaurant chain, filed for Chapter 11 bankruptcy protection amid rising labor costs and declining customer traffic. The chain...

Houston Faces Job Cuts as Apache Corp. Restructures

March 21, 2025

News Summary Apache Corp. has announced significant job cuts, reducing its global workforce by nearly 300 positions, or about 10% to 15% of its total staff. This move is part...

Houston’s Forever 21 Stores to Shut Down Amid Bankruptcy

March 18, 2025

News Summary Forever 21 has announced the closure of its U.S. stores, including eight locations in Houston, following a Chapter 11 bankruptcy filing. The retailer faces significant financial challenges, with...

Construction

Houston City Council Votes on MWBE Program Changes Amid Legal Scrutiny

April 30, 2025

News Summary The Houston City Council is preparing to vote on significant changes to the Minority and Women-Owned Business Enterprise (MWBE) program. This decision, driven by a federal lawsuit questioning...

Marketing

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Real Estate & Properties

Houston’s High-End Homes Surge in March 2025

April 27, 2025

News Summary Houston’s luxury real estate market is experiencing a remarkable boom this March 2025, with high-end homes selling at astonishing prices. The average price for top-tier properties ranges from...

Houston Introduces Groundbreaking Tesla-Powered Homes

April 24, 2025

News Summary Houston is set to revolutionize home living with The Oaks of Shady Acres, a new neighborhood utilizing Tesla technology to ensure reliable power during outages. This innovative development...

Darth Vader House in Houston Finds New Owner

April 23, 2025

News Summary The iconic ‘Darth Vader House’ in Houston has officially sold for $3.35 million to international sculptor Enrique Cabrera. This unique property, known for its striking design, will now...

Houston Implements New Regulations for Short-Term Rentals

April 21, 2025

News Summary The Houston City Council has approved new regulations for short-term rentals (STRs) aimed at addressing community safety concerns. Effective August 1, 2025, STR owners will need to register,...

Houston’s Luxury Housing Market Sets New Records

March 23, 2025

News Summary In February 2025, Houston’s luxury housing market achieved unprecedented sales, highlighted by lavish homes in prime neighborhoods like River Oaks and Piney Point Village. Notable transactions included the...

Harris County Welcomes 105,000 New Residents in One Year

March 17, 2025

News Summary Harris County has experienced a remarkable population surge, welcoming over 105,000 new residents from July 2023 to July 2024, solidifying its status as the third largest county in...

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