Business and Economy

Space City Credit Union and TDECU Merger: A New Era in Houston’s Financial Services

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5 min

Space City Credit Union and TDECU Merger: A New Era in Houston’s Financial Services

Space City Credit Union is set to merge with TDECU, Houston's largest not-for-profit financial institution. The merger aims to enhance services and support for members, with TDECU's leadership promising to prioritize the needs of Space City’s members during the transition.

Federal Court Officer Appeals to Judge Over Citgo Petroleum Share Auction Amid Venezuelan Government Concern

Business and Economy

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5 min

Federal Court Officer Appeals to Judge Over Citgo Petroleum Share Auction Amid Venezuelan Government Concern

A U.S. federal court officer overseeing an auction of shares in the parent company of Venezuela-owned refiner Citgo Petroleum on Monday asked the judge in the case to intervene. This legal maneuver comes amid ongoing concerns and complexities involving the Venezuelan government and foreign assets.

Earnings Preview: What To Expect From Kroger

Business and Economy

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5 min

Earnings Preview: What To Expect From Kroger

Kroger is scheduled to report earnings before Thursday’s open. Here's a closer look at what Wall Street expects will happen. Kroger's stock surged by 6% following the company's announcement of better-than-expected profits and sales. This growth reflects robust consumer demand and the effectiveness of Kroger's operational strategies in a competitive grocery market.

Houston Energy Executive Faces Severe Penalties After Guilty Plea in Bribery Case

Business and Economy

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4 min read

Houston Energy Executive Faces Severe Penalties After Guilty Plea in Bribery Case

Javier Aguilar, a former energy trader for Vitol Inc., pleaded guilty to participating in a $600,000 bribery scheme involving officials at PEMEX Procurement International to secure lucrative contracts. The case, part of a broader crackdown on corruption in the global energy sector, could result in Aguilar facing up to 40 years in prison.

Houston Small Businesses File $50 Million Lawsuit Against CenterPoint Energy Over Prolonged Power Outages

Business and Economy

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6 min read

Houston Small Businesses File $50 Million Lawsuit Against CenterPoint Energy Over Prolonged Power Outages

Houston small businesses are suing CenterPoint Energy for $50 million over prolonged power outages following Hurricane Beryl, citing significant financial losses and inadequate infrastructure and response.

Business and Economy

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6 min read

Houston Faces Budget Crisis by 2025

Houston is facing a budget crisis by 2025, with federal funds running out and significant fiscal challenges ahead.

Business and Economy

Space City Credit Union and TDECU Merger: A New Era in Houston’s Financial Services

Federal Court Officer Appeals to Judge Over Citgo Petroleum Share Auction Amid Venezuelan Government Concern

Earnings Preview: What To Expect From Kroger

Houston Energy Executive Faces Severe Penalties After Guilty Plea in Bribery Case

Houston Small Businesses File $50 Million Lawsuit Against CenterPoint Energy Over Prolonged Power Outages

Houston Faces Budget Crisis by 2025

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