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Category: Houston Business News

COVID-19 Brought More Profit, New Challenges To Texas’ Funeral Industry – Houston Public Media

Written by: Leonard Parker | Houston Business News | 22nd April

Leal Funeral Home in South Houston tripled its business in 2020, according to its funeral director. On a recent Monday morning, in the sanctuary of the Leal Funeral Home in South Houston, a closed white and gold casket was awaiting the next [...]

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Despite The Pandemic, Transit Service In East Harris County Reaches Major Ridership Goal – Houston Public Media

Written by: Leonard Parker | Houston Business News |

Harris County Transit stop on Garth Road in Baytown Harris County Transit has surpassed 1 million boardings on its buses 12 years after it started its original routes in Baytown, a sign that the pandemic has not stymied transit use in the e [...]

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Despite Pandemic, 2020 Was Record Year For Houston Home Sales – Houston Public Media

Written by: Leonard Parker | Houston Business News |

Greater Houston home sales rose by 10.5% from 2019 to 2020. Houston-area real estate agents sold more single-family homes than ever in 2020, despite the coronavirus pandemic and resulting recession. The 96,151 homes sold meant a 10.5% jump [...]

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Trust In Traditional Media Is At An All-Time Low. What Happened? – Houston Public Media

Written by: Leonard Parker | Houston Business News |

FILE – This June 22, 2019 file photo shows the exterior of the New York Times building in New York. The New York Times says it was wrong to trust the story of a Canadian man whose claims of witnessing and participating in atrocities as a memb [...]

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Texas Manufacturing Falls Sharply In January, In Another Sign Of Slow Economic Recovery – Houston Public Media

Written by: Leonard Parker | Houston Business News |

Greater Houston lost 140,000 jobs in 2020. The Dallas Fed’s production index — a key measure of manufacturing conditions — fell sharply this month. The index fell from nearly 27 in December to 4.6 this month. Growth in new orders and [...]

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After Tough Year For Houston’s Convention Business, 2021 Is Looking Up – Houston Public Media

Written by: Leonard Parker | Houston Business News | 21st April

The coronavirus had not yet officially arrived in Houston when the first major convention was canceled. Organizers of the annual CERAWeek oil and gas conference, which would have brought thousands of international visitors to Houston, called o [...]

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2,000 Greater Houston Restaurants Closed In 2020. Innovation Is A Priority For Those That Remain – Houston Public Media

Written by: Leonard Parker | Houston Business News |

Alex Brennan-Martin, owner of Brennan’s in Houston. After Hurricane Harvey, Three Brothers Bakery owner Janice Jucker said she developed a formula for recovering from disasters. She and her husband had been through enough of them to fully und [...]

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Houston’s Tilman Fertitta Takes Hospitality, Gaming Business Public To Increase Footprint – Houston Public Media

Written by: Leonard Parker | Houston Business News |

Houston businessman and Rockets owner Tilman Fertitta is taking some of his companies public. Houston billionaire Tilman Fertitta is taking his Landry's and Golden Nugget businesses public. Fertitta Entertainment Inc. is joining the stock m [...]

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Understanding GameStop, Trading Apps, Wall Street And The Power Of Social Media – Houston Public Media

Written by: Leonard Parker | Houston Business News |

FILE – Pedestrians pass a GameStop store on 14th Street at Union Square, Thursday, Jan. 28, 2021, in the Manhattan borough of New York. GameStop shares are on track for their biggest one-day loss ever, extending a skid that's cleaved off some [...]

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Energy Corridor, The Woodlands Plan For Post-Pandemic Commuter Service – Houston Public Media

Written by: Leonard Parker | Houston Business News |

The Woodlands Like other business centers in the region, west Houston's Energy Corridor has fewer people working in its offices because of the pandemic, with a number of major employers in oil and gas choosing to work from home. But even with [...]

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