Amazon return-to-office policy could be delayed in Houston, report says

Houston Biz Journal 12/20 4:26A Jishnu Nair

Amazon employees in Houston and elsewhere might not have to go back into the office five days a week right away, Business Insider reports.

Diamondback Energy invests $50 million more in Verde Clean Fuels, gets board seat

Houston Biz Journal 12/20 1:53A Naomi Klinge

With a new $50 million investment, Diamondback Energy has now invested $70 million into the Houston clean fuels company.

Report: Activist investor seeks energy business spinoff at KBR

Houston Biz Journal 12/20 1:42A Jishnu Nair

An activist investor has a significant stake in Houston-based KBR and wants to see some changes, the Wall Street Journal reports.

Various NRG Center upgrades approved as much larger issues loom

Houston Biz Journal 12/20 1:27A Chandler France

The Houston County Sports & Convention Corp. approved $2.28 million worth of upgrades for the facility, but there's much more that needs to be done.

Year in Review: Locke Lord-Troutman Pepper merger was a Deal of the Week

Houston Biz Journal 12/20 1:00A Olivia Pulsinelli

Locke Lord and Troutman Pepper will create one of the 30 highest-grossing U.S. law firms with over 1,600 lawyers spread over 35 offices.

Year in Review: Shell selling local pipeline, terminal to Edgewater Midstream was a Deal of the...

Houston Biz Journal 12/20 1:00A Olivia Pulsinelli

Two years after selling its equity in the Deer Park Refinery, Shell is offloading its adjacent pipeline and terminal assets.

Year in Review: Quantum Capital's $1.8 billion Caerus Oil and Gas acquisition was a Deal of the...

Houston Biz Journal 12/19 1:00A Olivia Pulsinelli

Private equity firm Quantum Capital Group formed a new company to acquire the assets in one basin, while an existing company gets those in the other.

Kodiak Gas Services expands headquarters in The Woodlands by 50% after acquisition

Houston Biz Journal 12/19 12:00A Naomi Klinge

Kodiak Gas Services grew its headcount 33% after acquiring CSI Compressco LP for $854 million in April. Now, it has expanded its headquarters.

TDECU signs eight-floor lease for new corporate office in Houston's Galleria area

Houston Biz Journal 12/18 10:00P Chandler France

Houston’s largest credit union is leasing eight floors — over 100,000 square feet — at an office tower at the Post Oak Central development.

Train Collides with Stuck Truck at Alvin Railroad Crossing

Texas Herald News 12/18 6:12A Amalia Weigandt

At approximately 8:43 a.m. on Wednesday, December 18, 2024, a commercial truck became stuck on the tracks at the Ave E 1/2 railroad crossing and was struck by an oncoming train. Fortunately, no injuries were reported. The crossing is marked with...

Hostages Rescued in College Station Domestic Incident, Suspect Arrested

Texas Herald News 12/18 6:03A Amalia Weigandt

A tense hostage situation unfolded on Wednesday morning, December 18, 2024, at Fox Meadows Apartments on Balcones Dr in College Station, where a woman and two young children were held by an armed man. Swift action by College Station Police...

RCI Hospitality to accelerate nightclub M&A as company unveils five-year plan

Houston Biz Journal 12/17 6:05A Chandler France

Nightclub owner RCI Hospitality announced its five-year capital allocation strategy during its Q4 2024 earnings and reiterated plans to go “back to basics.”

Agency seeks $300 million to bolster Medicaid

The Post Newspaper of Galveston County 12/17 5:20A Publisher

The Texas Health and Human Services Commission is seeking a $300 million transfusion of funds to bolster the state’s Medicaid application process, The Texas Tribune reported. The public health insurance program provides coverage for people or...

Indapta Therapeutics lands $22.5 million for cancer-fighting clinical trials

Houston Biz Journal 12/17 5:14A Jishnu Nair

Like some other Houston-area clinical-stage companies that recently received venture backing, Indapta expects results in early 2025.

Year in Review: Occidental's $817.5M asset sale to Permian Resources was a Deal of the Week

Houston Biz Journal 12/17 5:00A

Occidental sold off nearly $1 billion of Permian assets as part of its multibillion-dollar divestment program.