The Texas Senate has taken a significant step towards banning hemp-derived THC products by passing Senate Bill 5. This legislative move targets what proponents view as a regulatory loophole, a concern that previously led Governor Greg Abbott to veto similar measures. Addressing Regulatory Loopholes and Concerns Senate Bill 5’s progression through the Texas legislative chambers…
Sempra Infrastructure, a key subsidiary of North America’s energy infrastructure giant Sempra, has finalized a significant 20-year sale and purchase agreement with Japan’s JERA. This landmark deal, focused on supplying liquefied natural gas (LNG) from the second phase of Sempra’s LNG export terminal development in Port Arthur, Southeast Texas, marks a pivotal moment for both…
AT&T Inc. (NYSE:T) is set to expand its presence within the Lone Star State, announcing its common stock will be dual-listed on NYSE Texas, a new electronic equities exchange headquartered in Dallas, Texas. This strategic move, effective August 1, 2025, will see the telecommunications giant retain its primary listing on the New York Stock Exchange,…
Chevron to Cut Hundreds of Houston Jobs After Hess Acquisition Houston, TX – Chevron Corporation is set to lay off almost 600 Houston-based employees who previously worked for Hess Corporation, a move that comes in the wake of Chevron’s $55 billion acquisition of Hess, which was finalized on July 18. The impending layoffs were confirmed…
Chevron to Shed Hundreds of Jobs in Houston Following Acquisition HOUSTON, TX – Chevron Corporation is set to lay off nearly 600 workers in Houston, Texas, as a result of its recent $55 billion acquisition of Hess Corporation. The job cuts, which primarily affect legacy Hess employees, were announced on July 18th, the same day…
Texas Unemployment Claims Dip, Mirroring National Trend and Signaling Potential Labor Market Stabilization The Texas Labor Department has announced a decrease in unemployment claims, a development that aligns with a broader national trend of easing jobless filings. This news offers a glimpse of potential stabilization in the labor market, providing valuable insights into the economic…
Texas Lawmakers Move to Block Offshore Wind Projects from ERCOT Grid Austin, TX – Texas legislators are advancing a bill that could significantly hamper the development of offshore wind energy in the state. The proposed legislation aims to prevent offshore wind projects and their associated grid infrastructure in Texas waters from connecting to the Electric…
Texas Instruments Shares Plunge After Disappointing Profit Outlook Shares of Texas Instruments (TXN) experienced a significant downturn in after-hours trading, dropping by over 8% following the release of a less-than-optimistic profit forecast. The analog chipmaker’s projections for the upcoming quarter have cast a shadow over its recent successes, leading investors to reassess the company’s near-term…
Texas Grapples with Potential THC Ban and Economic Ramifications Texas is currently on the precipice of a significant policy decision with far-reaching economic consequences. The state is considering a statewide ban on THC-infused hemp products, a move that could potentially deliver a substantial blow to the state’s economy. The decision, currently pending with Texas Governor…
Texas Hemp Industry Faces Uncertain Future Following Legislative Action HOUSTON, TX – The burgeoning hemp industry in Texas is facing an existential threat following the passage of a bill by state lawmakers that seeks to ban THC-infused hemp products. This legislative action has spurred a wave of opposition, with legal challenges expected to follow. The…
