Business News

Houston Business News

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Finance

Chevron Moves Headquarters from California to Houston

June 6, 2025

News Summary Chevron Corporation is relocating its headquarters from San Ramon, California, to Houston, Texas, amidst a trend of corporations leaving California for Texas. The significant move positions Chevron as...

Stellar Bancorp Leads NYSE Texas Listing as First Member

June 5, 2025

News Summary Stellar Bancorp Inc. has achieved a historical milestone by becoming the first bank holding company to list shares on NYSE Texas, complementing its existing NYSE presence. This dual...

Stellar Bancorp Announces Dual Listing on NYSE Texas

June 3, 2025

News Summary Stellar Bancorp, Inc. has announced a dual listing of its common stock on NYSE Texas, becoming the first bank holding company to do so as a Founding Member....

Texas Cities Show Mixed Renter Affordability Amid Rising Rent Prices

May 21, 2025

News Summary A recent Zillow study reveals significant variations in renter affordability across Texas cities, contrasting the rising national average rent prices. Dallas leads with high rental costs, while Austin...

Cybercriminals Steal $20,000 from Houston Cafe Owner

May 10, 2025

News Summary Gabriela Clemons, owner of Kumarama Cafe in Spring, Houston, is facing a potential business closure after cybercriminals stole nearly $20,000 from her account. Despite implementing security measures, including...

Trump Defends Economic Policies Amid GDP Decline

May 1, 2025

News Summary President Donald Trump is defending his economic policies in light of a recent report showing a contraction in U.S. GDP, the most significant decline in three years. He...

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...

Construction

Texas Companies Recognized as Best Places to Work

June 9, 2025

News Summary A total of 30 Texas-based companies have been honored in the U.S. News & World Report’s annual ‘Best Companies to Work For’ list, showcasing their commitment to employee...

Chevron Moves Headquarters from California to Houston

June 6, 2025

News Summary Chevron Corporation is relocating its headquarters from San Ramon, California, to Houston, Texas, amidst a trend of corporations leaving California for Texas. The significant move positions Chevron as...

Houston City Council Approves $20 Million Taxiway Construction

May 30, 2025

News Summary The Houston City Council has approved a $20 million contract for constructing a new taxiway that connects the Houston Spaceport to Ellington Airport. This project, known as Taxiway...

Houston Unveils $5.75 Billion Eli Lilly Pharmaceutical Facility

May 19, 2025

News Summary Eli Lilly & Co. has proposed a $5.75 billion pharmaceutical facility in Houston, aimed at creating 604 jobs and enhancing local infrastructure. The project utilizes Texas’s new JETI...

Provident Industrial Closes Eastex 59 Industrial Park Project

May 14, 2025

News Summary Provident Industrial has closed the Eastex 59 industrial park project in North Houston, featuring over 740,000 square feet of space. This development aims to support growing logistics demand,...

Ingrasys Technology USA Invests $20 Million in Houston Facility

May 13, 2025

News Summary Ingrasys Technology USA has announced a $20 million investment to build a new 73,687-square-foot industrial facility in Northwest Houston, named ‘Project Eagle’. The facility is expected to begin...

Pearland Asian Town Development Set to Transform Local Cuisine

May 10, 2025

News Summary Pearland is gearing up for the construction of Pearland Asian Town, a retail center aimed at enhancing the local culinary scene for the Asian American and Pacific Islander...

Trump Defends Economic Policies Amid GDP Decline

May 1, 2025

News Summary President Donald Trump is defending his economic policies in light of a recent report showing a contraction in U.S. GDP, the most significant decline in three years. He...

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

Nan & Company Properties Joins Forbes Global Properties

June 10, 2025

News Summary Nan & Company Properties, a Houston-based brokerage, has joined the Forbes Global Properties network, enhancing its visibility and broadening its client base. Founded by Nancy and Jose Almodovar,...

HTX Surf Set to Open in Houston

June 6, 2025

News Summary Houston’s much-anticipated surf park, HTX Surf, is set to break ground in early 2023 and is expected to open by fall of 2024. Located within Generation Park, the...

Challenges Facing Texas Golf Courses in National Rankings

May 30, 2025

News Summary Texas golf courses are struggling to keep pace with leading states like California and Florida, with only six making Golf Digest’s top 200. However, new developments like The...

Texas Cities Show Mixed Renter Affordability Amid Rising Rent Prices

May 21, 2025

News Summary A recent Zillow study reveals significant variations in renter affordability across Texas cities, contrasting the rising national average rent prices. Dallas leads with high rental costs, while Austin...

Comfort Suites Near Texas Medical Center for Sale Amid Bankruptcy

May 21, 2025

News Summary The 55-key Comfort Suites located near the Texas Medical Center in Houston is now available for sale as part of a Chapter 11 bankruptcy process. With a consistent...

Houston Housing Market Sees Surge in Affordable Home Sales

May 6, 2025

News Summary The Houston housing market is experiencing a surge in sales of affordable homes, particularly in areas like Brookshire and Waller, driven by economic pressures. The Houston Association of...

Bay Area Houston Women’s Council Boosts Real Estate Development

May 5, 2025

News Summary The Women’s Council of REALTORS® (WCR) Bay Area Houston chapter is enhancing professional development for real estate agents. Led by Jamie Taylor, the council focuses on education and...

Houston Named Top Moving Destination for 2024

May 4, 2025

News Summary For the fourth consecutive year, Houston has topped the moving destination rankings in the U.S., as reported by Penske Truck Rental. The city’s appeal stems from its affordability,...

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...

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