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Category: Houston Business News

Apple, Google raise new concerns by yanking Russian app

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

BERKELEY, Calif. (AP) — Big Tech companies that operate around the globe have long promised to obey local laws and to protect civil rights while doing business. But when Apple and Google capitulated to Russian demands and removed a political-opposi [...]

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Rising Prices Are Making Houston Homebuyers Lower Their Expectations – Houston Public Media

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

Both home sales and prices have jumped over the past year or so. Tarence Rice moved to Houston from Tennessee about two years ago. He's working on his Ph.D. in electrical and computer engineering at Rice University and plans to settle down in [...]

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Twitter to pay $809.5 million to settle shareholder lawsuit

Written by: Leonard Parker | Houston Business News |

BARBARA ORTUTAY, AP Technology WriterSep. 21, 2021 FILE - This April 27, 2021 file photo shows the login/sign up screen for a Twitter account on a laptop computer in Orlando, Fla. Twitter said [...]

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Shell Sells Off Its Oil And Gas Business In Texas’ Permian Basin, Seeking To Reduce Its Reliance On Fossil Fuels – Houston Public Media

Written by: Leonard Parker | Houston Business News |

A drilling rig at sunset operates on the north side of Midland. Energy giant Royal Dutch Shell sold its oil and gas business in the Permian Basin, the country's largest oilfield, to ConocoPhillips for $9.5 billion cash on Monday. The deal is a [...]

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ConocoPhillips to buy Shell Permian assets for $9.5 billion

Written by: Leonard Parker | Houston Business News | 20th September

(Bloomberg) -- ConocoPhillips agreed to acquire Royal Dutch Shell Plc’s Permian Basin assets for $9.5 billion in cash, accelerating the consolidation of the largest U.S. oil patch.The deal, announced by Shell in a statement Monday, will give Conoco [...]

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The Currys tapped a San Antonio business for new ‘fun mobile’

Written by: Leonard Parker | Houston Business News |

Names ranging from Whataburger to Chili's to Auntie Em's to Gordon Ramsay trust San Antonio business Cruising Kitchens to mobilize their concepts. Now Steph and Ayesha Curry are also part of the local food truck builder's clientele. But Cruising Kit [...]

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City Council Upgrades Status Of Houston Spaceport To Local Government Corporation – Houston Public Media

Written by: Leonard Parker | Houston Business News | 16th September

The Houston Spaceport on 9/16/21. Houston City Council this week raised the status of the Houston Spaceport at Ellington to a local government corporation, allowing the spaceport to utilize millions of dollars in state funding for infrastructur [...]

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Texas company to pay nearly $3M for Clean Air Act violations

Written by: Leonard Parker | Houston Business News | 15th September

POINT COMFORT, Texas (AP) — A Texas plastics company has agreed to pay nearly $3 million in civil penalties for violating the Clean Air Act, the U.S. Department of Justice announced.Formosa Plastics Corp. also agreed to improve its risk management [...]

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Southwest’s president retires suddenly, passed up for CEO job

Written by: Leonard Parker | Houston Business News | 14th September

1of3Ronkonkoma, N.Y. A Southwest Airlines flight logo is seen as the plane taxis to a gate at Long Island MacArthur Airport in Ronkonkoma, New York on March 25, 2021. (Photo by Steve Pfost [...]

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James Avery opening store in H-E-B on the Far Westside

Written by: Leonard Parker | Houston Business News | 13th September

Steven SantanaSep. 13, 2021Updated: Sep. 13, 2021 11:15 a.m. James Avery Artisan Jewelry is opening at H-E-B in League City on September 15.James Avery Artisan Jewelry [...]

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