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Rice Business No.1 entrepreneurship ranking for 5th year
By Houston Daily | Nov 23, 2023
Rice University announced its Jones Graduate School of Business has been ranked No. 1 in graduate entrepreneurship programs for the fifth consecutive year as revealed by the latest rankings from Princeton Review and Entrepreneur magazine. Additionally, Poets&Quants ranked the MBA entrepreneurship program third globally, while Bloomberg Businessweek positioned it fifth. The rankings serve as a reflection of Rice's investment in developing future leaders equipped with innovative business skills.
Abbott hails latest Texas employment data as testament to state's economic strenght
By Houston Daily | Nov 18, 2023
``` The Office of the Texas Governor announced that the release of October employment data demonstrates that the Lone Star State continues to lead the nation in annual jobs growth. Not only has Texas achieved new record highs with its largest civilian labor force ever at 15,162,100, but it also boasts more Texans being employed or self-employed than ever before at 14,536,800. This announcement comes as an indicator of a strong and growing economy within the state. The report offers a comprehensive breakdown of the economic achievements. ...
Houston Airports System is urging Thanksgiving travelers to take precautions
By Houston Daily | Nov 16, 2023
The Thanksgiving holiday travel period is underway, and Houston Airports System (HAS) anticipates 2.4 million passengers to fly in and out of the Bayou City this year. Per HAS, about 540,000 travelers will make their was through William P. Hobby Airport (HOU) while George Bush International Airport is forecasted to handle nearly two million passengers during the 15-day window.
Seaside Equity Partners, Frontier Services Group form partnership
By Houston Daily | Nov 16, 2023
San Diego-headquartered private equity firm Seaside Equity Partners announced that it has formed a partnership with Houston-based Frontier Services Group. The partnership initiates buy-and-build strategy in emergency mitigation, remediation and restoration services sector.
ExxonMobil starts third offshore Guyana project
By Houston Daily | Nov 15, 2023
ExxonMobil announced it has initiated production at Payara, the third offshore oil development in Guyana's Stabroek Block, achieving a total production capacity of approximately 620,000 barrels per day. The company's third FPSO, Prosperity, has commenced operations ahead of schedule, contributing an additional 220,000 barrels of oil per day to Guyana's burgeoning energy output.
ExxonMobil drills first lithium well in Arkansas for EV supply by 2030
By Houston Daily | Nov 14, 2023
Exxon Mobil Corporation announced it has initiated the first phase of lithium production in southwest Arkansas, aiming to tap into significant lithium deposits in the region. The lithium product, branded as Mobil™ Lithium, builds on the longstanding technical partnership between Mobil and the automotive industry, according to a press release by Exxon Mobil Corporation.
Sysco reports first quarter sales and operating income
By Houston Daily | Nov 11, 2023
Sysco Corporation announced its financial performance for the 13-week first fiscal quarter ending on Sep. 30, 2023, revealing a 2.6% increase in sales and a 1.6% rise in U.S. Foodservice volume. During this period, the gross profit also experienced a 4.6% growth, reaching $3.6 billion, according to a press release by Sysco Corporation.
Dina Powell McCormick to join ExxonMobil board of directors
By Houston Daily | Nov 10, 2023
Exxon Mobil Corporation announced the appointment of Dina Powell McCormick to its board of directors. She serves as the vice chairman, president, and global head of Client Services at BDT & MSD Partners, according to a press release by Exxon Mobil Corporation.
Dina Powell McCormick to join ExxonMobil Board of Directors
By Houston Daily | Nov 10, 2023
Exxon Mobil Corporation announced the appointment of Dina Powell McCormick to its board of directors. She serves as the vice chairman, president, and global head of Client Services at BDT & MSD Partners, according to a press release by Exxon Mobil Corporation.
ExxonMobil acquires Denbury
By Houston Daily | Nov 10, 2023
Exxon Mobil Corporation announced that it has completed the acquisition of Denbury Inc. today in an all-stock transaction worth $4.9 billion, equivalent to $89.45 per share. Denbury shareholders will be issued 0.84 shares of ExxonMobil for each Denbury share as per terms of the agreement, according to a press release by Exxon Mobil Corporation.
PJS of Houston Announces New Location
By Press Release | Nov 6, 2023
Professional Janitorial Service of Houston announced that it has relocated to a new facility after over two decades at its prior location.
PJS of Houston Announces Promotion of Jaime Garcia to Area Manager
By Press Release | Nov 6, 2023
Professional Janitorial Services of Houston (PJS) announced the promotion of Jaime Garcia to Area Manager.
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Lemon-Lime Light Media hosts First Class Men of Houston Dinner: ‘This event was special for everyone who was in attendance’
By Houston Daily | Nov 3, 2023
Lemon-Lime Light Media, a public relations firm, recently celebrated Houston's successful community men with the First Class Men of Houston Dinner held at The Buffalo Soldiers National Museum. La'Torria Lemon, CEO and founder of Lemon-Lime Light Media and creator of the event, expressed that this dinner was an ambition she had nurtured for a considerable time.
Abbott invites veterans to statewide hiring fair
By Houston Daily | Nov 3, 2023
Gov. Greg Abbott has extended an invitation to Texas veterans, active servicemembers, and their spouses to participate in the 2023 Hiring Red, White, & You! statewide hiring fair. The event kicked off on Nov. 1 and will continue until Nov. 17.
Abbott touts Texas as nation's most business friendly as state breaks total jobs record two straight years
By Houston Daily | Oct 25, 2023
Gov. Greg Abbott of Texas proudly announced that the state has broken the total jobs record for two consecutive years. The governor, a Republican, celebrated this achievement upon the release of the figures for the month of September.
Talen Energy Corporation acquires approval for stock repurchase program
By Houston Daily | Oct 24, 2023
Independent power producer and infrastructure company, Talen Energy Corporation, has received approval for a new stock repurchase program. The program will allow the company to repurchase up to $300 million of its outstanding common stock through the first quarter of 2025. Talen President and CEO, Mac McFarland, expressed the company's commitment to disciplined capital allocation and prioritizing the return of capital to shareholders.
Engineering, procurement, construction company Audubon relocates primary corporate office elsewhere in Houston
By Houston Daily | Oct 24, 2023
Engineering, procurement, construction (EPC), fabrication, and technical services provider Audubon Engineering Company has relocated its primary corporate office in Houston to accommodate long-term strategic growth. The new address is 3505 W. Sam Houston Parkway N.
EIV Capital hires new Energy PE Partner
By Houston Daily | Oct 21, 2023
EIV Capital has announced the hiring of Gary Levin as a Partner in their Houston office. With 20 years of energy private equity investment experience, Levin will play a crucial role in the firm's strategy and oversee investments within EIV Capital's designated sectors, according to a press release by EIV Capital.
Stewart Information Services Corporation celebrates 130th anniversary
By Houston Daily | Oct 18, 2023
Houston headquartered global real estate services company Stewart Information Services Corporation celebrated its 130th anniversary by ringing the closing bell at the New York Stock Exchange (NYSE) on Oct. 17. The company, founded in Galveston, TX in 1892, has grown to become a global leader in the mortgage and real estate services industry with over 7,000 employees spread across about a dozen countries.
ExxonMobil to acquire Pioneer
By Houston Daily | Oct 17, 2023
ExxonMobil has announced its plans to acquire Pioneer in an all-stock transaction valued at $59.5 billion, or $253 per share. According to a press release by ExxonMobil, Pioneer shareholders will receive 2.3234 shares of ExxonMobil for each Pioneer share at closing.