A new KHOU report reveals a significant wealth exodus from Houston, highlighting shifting financial trends. Key factors include rising costs and changing economic opportunities impacting the region’s affluent residents.
Browsing: Business
A Houston flower shop is facing rising costs due to tariffs just ahead of Mother’s Day. The price hikes on imported blooms are impacting local businesses and potentially consumer prices, industry experts say.
Houston Business Journal honors 50 top family-owned companies, recognizing their impact on the local economy and community. The annual event celebrates businesses that blend tradition with innovation in Houston.
Bionova Scientific has officially opened its new facility in The Woodlands, signaling growth in the region’s biotech sector. The company anticipates more manufacturers will follow, boosting local economic development. (PHOTOS)
Houston’s business scene heats up this March with 10 can’t-miss events spotlighting innovation, networking, and industry insights. From tech summits to startup showcases, these gatherings are key for local entrepreneurs and investors.
Hudson House has announced its opening date for the new Houston location in Rice Village. The expanded venue promises a fresh dining experience in the vibrant neighborhood. (PHOTOS)
Tilman Fertitta aims to accelerate growth in hospitality and real estate sectors while scaling back on retail ventures in 2025. The billionaire’s strategic shift targets emerging markets and operational efficiency.
Hewlett Packard Enterprise plans to cut 2,500 jobs globally as part of a spring restructuring effort, aiming to streamline operations and boost efficiency, Houston Public Media reports.
Popular breakfast chain IHOP has officially arrived in Houston, opening its first local location. The new spot offers classic pancakes and breakfast favorites, aiming to become a go-to morning destination for Houstonians.
KBR plans to build a new facility to anchor a 207-acre campus in NASA’s Exploration Park, aiming to bolster innovation and support space exploration initiatives. The project marks a significant expansion in the space tech corridor.
Experts highlight Houston’s strategic location, robust infrastructure, and skilled workforce as key factors making it an attractive hub for nearshoring, boosting U.S. supply chain resilience and economic growth.
A new Rice University Kinder Institute survey reveals key reasons why people move to and remain in Houston, highlighting economic opportunities, affordable living, and cultural diversity as top factors driving the city’s sustained growth.
Caught on camera: An intruder returned to a Houston shop, but this time, the outcome was different. Security footage captured the suspect, leading to a swift police response and an arrest. Authorities continue investigating.
Pharma giant Eli Lilly plans a $5.9B biomanufacturing plant in Houston, potentially creating over 2,000 jobs. The project marks a major investment in local biotech and economic growth, the Houston Chronicle reports.
The Greater Houston Partnership announces a strong start to 2025, highlighting new business openings and expansions in Q1. Growth spans energy, tech, and healthcare sectors, signaling robust regional economic momentum.
Shell Energy is exiting the Texas residential electricity market, selling its remaining customers to NRG. The move marks Shell’s complete departure from serving Texas homes, as reported by Houston Public Media.
Texas, Houston earn top marks for business climate and foreign trade, says Greater Houston Partnership. The region’s strong economic policies and global connections boost investment and job growth.
The Greater Houston Partnership has announced its new 2025 board members, highlighting leaders from diverse industries. The appointments aim to drive regional growth and foster collaborative economic development.
No injuries were reported following an explosion at a northwest Houston business, officials confirmed. First responders quickly secured the scene and are investigating the cause of the blast.
Goodyear is set to sell its chemicals business, including a Houston facility, in a $650 million deal. The transaction marks a strategic shift as the company refocuses on its core tire operations.