Taxpayers, who footed a large chunk of the bill for the new $1.2 billion Cowboys Stadium, got a raw deal, according to a new story in Bloomberg Businessweek.
A Disney cruise set sail from Galveston under new a deal that is “guaranteed to create a minimum of $2.4 million in gross revenue for the Port of Galveston.”
The feds arrested the CEO of Houston’s Riverside General Hospital and six other hospital employees Thursday, accusing them of bilking $158 million from the Medicare program over the past seven years.
Southwest Airlines announced it will slash spending by at least $100 million after the airline’s third-quarter numbers were lackluster.
The home of the Houston Texans, which hopes to host the 2017 Super Bowl, may install a $10 million to $30 million high-definition digital scoreboard. Every other NFL team already has one.
The chain’s parent company’s strategy of investing more in a digital media campaign targeting moms seems to have backfired, with profits dropping 33 percent.
The basketball team’s general manager plans to hire two statistical analysts to help build a winning team around Jeremy Lin.
The energy giant agreed to pay the Department of Justice and the SEC the hefty sum to settle the criminal cases associated with the Deepwater Horizon oil spill.
Visa would create nearly 800 jobs in Austin over 10 years.
And Exxon CEO Rex Tillerson will get a $4.59 million bonus.
If the slate of federal budget cuts goes into effect on January 2, NASA’s budget will be slashed by 8.2 percent, and some 5,600 jobs could be lost at Johnson Space Center.
According to the Electric Reliability Council of Texas, the state’s struggling power system would likely support even a widespread adoption of the vehicles.
Thanks to a near monopoly on inmate calling services. Plus: shipping strikes, SeaWorld’s IPO, and stalled stem cell therapy.
The Spinning Spur Wind Project generates enough electricity to power more than 60,000 homes.