Thanks to a near monopoly on inmate calling services. Plus: shipping strikes, SeaWorld’s IPO, and stalled stem cell therapy.
According to the Electric Reliability Council of Texas, the state’s struggling power system would likely support even a widespread adoption of the vehicles.
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.
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.
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 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 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.
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.”
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.
The Plano-based company will be adopting a “1 percent-99 percent strategy” by emphasizing both high-end products, like Stacy’s Pita Chips, and “value” items, like Cracker Jack.
The Lewisville-based company agreed to pay $42 million for accepting “overpayments by federal programs,” U.S. Airways dances the acquisition tango with American, and more Texas business news.
Chesapeake Energy put 57,000 acres of crude oil and liquid natural gas fields in the Woodbine Sand area up for sale this week.