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Latest News
‘Mattress Mack’ McIngvale wagers over $4 million for Bengals Super Bowl win
By Tamara Browning | Feb 10, 2022
A Texas furniture magnate and philanthropist who goes by the household name of “Mattress Mack” has wagered a $4.5 million bet that the Cincinnati Bengals will win Super Bowl LVI over the Los Angeles Rams on Sunday, Feb. 13 at SoFi Stadium in Inglewood, California.
'We want to build a future business city': Houston landmark to get new life
By Zachary Richter | Feb 10, 2022
The River Oaks Theater, a revered Houston landmark, will be given new life as a part of Star Cinema Grill's roster of venues.
Partnership reports 26 economic development wins in 2021
By Press Release | Feb 10, 2022
Despite the ongoing challenges of the pandemic, the Houston region continued to see both domestic and international business expansions and relocation activity in 2021.
'Thrilled': The Ion opens new prototyping lab, Houston nonprofit tabbed as operator
By Art Benavidez | Feb 6, 2022
A 266,000-square-foot innovative hub located in Midtown, The Ion, has stated that it will be opening the Ion Prototyping Lab (IPL), which will be operated by TXRX Labs.
Houston-based Buckeye Partners' solar 'Project Parker' in central Texas will grow company's renewables portfolio, VP says
By Karen Kidd | Feb 6, 2022
A Houston-based petroleum distributor's recent announcement that it will build a 270-megawatt solar project in central Texas is strategic, a company executive said in a news release.
Maverick Natural Resources acquires Permian Basin producing properties
By Caleb Lombardo | Feb 5, 2022
Maverick Natural Resources has agreed to acquire a number of producing properties located in the Permian Basin from ConocoPhillips.
ExxonMobil says relocation, restructuring will 'better serve our customers' and save billions
By Bob Martin | Feb 3, 2022
ExxonMobil is relocating its corporate headquarters from Irving, Tex., to its campus outside Houston as part of consolidation and restructuring plans predicted to save the corporation $6 billion in structural cost savings by 2023.
Greater Houston Port Bureau 'honored' to name Ric Campo as 2022 Maritime Leader of the Year
By Andy Nghiem | Feb 1, 2022
The Greater Houston Port Bureau recently named chairman of the Port Commission of the Port of Houston Authority Ric Campo the 2022 Maritime Leader of the Year.
Report: More than 20,000 new vehicles sold in December
By Press Release | Feb 1, 2022
Houston-area auto dealers sold 21,733 new vehicles in December ’21, an increase of 0.8 percent from December ’20.
Economy at a Glance - February
By Press Release | Feb 1, 2022
Economic data for ’21 continues to trickle in. Houston set a record for job growth, recovering all but a handful of the jobs lost in the early stages of the pandemic
Lovett Industrial makes deal to acquire a 'large-scale site in the west Valley of Phoenix'
By Andy Nghiem | Feb 1, 2022
On Jan. 25, Houston-based real estate investment firm Lovett Industrial announced that it has made a deal to acquire 139 acres in Glendale, Arizona.
William P. Hobby Airport achieves five-star status in airport ratings
By Press Release | Jan 31, 2022
The City of Houston now boasts the only 5-Star rated airport throughout the state of Texas and North America after William P. Hobby Airport achieved a 5-Star Airport status in the Skytrax World Airport Star Rating for 2022.
'Top Chef' Houston season to premiere in March
By John Suayan | Jan 30, 2022
The first episode of the Bravo's "Top Chef" Houston-focused season will premiere on March 3.
'We're committed to making progress for families': Autism Learning Partners adds 4 Texas locations
By Bob Martin | Jan 29, 2022
Autism Learning Partners (ALP) announced that it will be expanding throughout Texas, adding four more locations to treat autism and developmental disabilities.
Monthly update: Sales tax November '21
By Press Release | Jan 27, 2022
Sales and use tax collections for the 12 most populous Houston-area cities (See footnote) totaled $1.1 billion in the 12 months ending November ’21, up 14.7 percent from $962.6 million for the same period a year ago.
Monthly update: Energy prices for December
By Press Release | Jan 27, 2022
The closing spot price for West Texas Intermediate (WTI), the U.S. benchmark for light, sweet crude, averaged $71.39 per barrel in December ’21, up from $46.30 for the same period in ’20, according to the U.S. Energy Information Administration (EIA).
'Underlying strength' seen in Texas job growth; Austin sets the pace
By T.H. Lawrence | Jan 26, 2022
An article published by the Houston Daily shows that although year-over-year job recovery and growth have been strong in both Austin and Houston, Houston lagged behind Austin’s growth in November.
'The perfect candidate to lead our parade': Johnson to serve as grand marshal at Downtown Rodeo Parade
By Ariana Chiarenza | Jan 26, 2022
The Houston Livestock Show and Rodeo recently announced that country singer Cody Johnson will serve as the Downtown Rodeo Parade's grand marshal to kick off the parade's 90th anniversary.
Houston-Galveston Customs District handles $246.7 billion in goods, commodities in November
By Press Release | Jan 26, 2022
The Houston-Galveston Customs District handled 320.7 million metric tons of goods and commodities as of November ’21 year-to-date, a 3.0 percent increase over the comparable period in ’20.
'Valuable asset to the team': Spath joins Datagration as new executive advisor
By John Kelly | Jan 26, 2022
Dr. Jeff Spath was confirmed as Datagration Solutions Inc.'s new executive advisor on Jan. 18. He brings extensive experience and will be a part of the company's decision making process.