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Trump company says developer 'noise' halted Dallas hotel project
Business
Published in 14-4-2017
    521 Visits

A developer has dropped plans to use the Trump Organization’s new Scion brand for a proposed $50 million hotel in downtown Dallas after the project drew national attention, scuttling the potential partnership. Kingston said he met with Sarimsakci and others at Dallas City Hall at Sarimsakci’s request after Kingston and another council member criticized the developer’s plans to go into bu ...>>

Reference: www.chron.com
Houston shows healthy drop in foreclosure rate
Business
Published in 14-4-2017
    622 Visits

The rate of home foreclosures in Houston was 52 percent below the average pre-recession rate, according to a quarterly report released Thursday by ATTOM Data Solutions.

Reference: www.chron.com
Planners stress need to balance growth, affordability downtown
Business
Published in 14-4-2017
    422 Visits
Urban developers and officials boasted about downtown's strengths, while also calling out its weaknesses and rising concerns over affordability Thursday during an Urban Land Institute conference at the new Marriott Marquis convention center hotel. More residents make a downtown better for visiting guests and for corporations trying to attract top talent, said Michael Smith, president and CEO ...>>
Reference: www.chron.com
Galleria office tower to get new outdoor plaza
Business
Published in 7-4-2017
    149 Visits

CBRE and UBS Financial Services are embarking on a $10 million renovation at 5718 Westheimer near the Galleria.

Reference: www.chron.com
Jobless aid applications fell to 234,000 last week
Business
Published in 7-4-2017
    142 Visits

WASHINGTON (AP) Fewer Americans applied for unemployment benefits last week, a sign of the job market appears to be increasingly secure for workers. U.S. workers face a lower risk of losing their jobs, since applications are a proxy for layoffs. The recovery from the Great Recession is nearly eight years old, with the unemployment rate down to a healthy 4.7 percent.

Reference: www.chron.com
Legacy Community Health opening three new clinics
Business
Published in 7-4-2017
    722 Visits

Legacy Community Health, the largest system of community-based health care in Texas, is expanding by opening three new facilities in the Houston area is coming weeks to fill a growing need. 

Reference: www.chron.com
Houston's David Weekley Homes, LGI Homes among nation's biggest
Business
Published in 7-4-2017
    646 Visits

Houston-based David Weekley Homes again earned the top spot among the nation's largest for-profit private home builders ranked by Builder Magazine. Houston's LGI Homes, a publicly-traded builder based in The Woodlands, ranked No. 15 with 3,404 closings. The nation's top three builders are also publicly-traded: D.R. Horton, 36,736 closings; Lennar Corp., 24,292 closings; and Pulte ...>>

Reference: www.chron.com
Fuddruckers to open 2nd Woodlands location
Business
Published in 7-4-2017
    585 Visits

Fuddruckers will showcase new technology at its upcoming hamburger restaurant in The Woodlands at 8510 Creekside Forest Drive. The 4,000-square-foot restaurant, the first to open for the chain in Houston in nearly two years, will have four touch screen kiosks where customers can place their own orders. Opening is planned on April 11.

 

Reference: www.chron.com
After 40 years, McDonald's is going to try something new
Business
Published in 31-3-2017
    616 Visits

The fast food giant said Thursday that it will swap frozen beef patties for fresh ones in its Quarter Pounder burgers by sometime next year at most of its U.S. locations. The world's largest hamburger chain has been trying to improve its image as more people shun processed foods. Last year, it removed artificial preservatives from chicken McNuggets and cut out high-fructose corn syrup fr ...>>

Reference: www.chron.com
Mexico raises key rate as inflation hits 8-year high
Business
Published in 31-3-2017
    617 Visits

Mexico's central bank slowed the pace of monetary policy tightening while delivering a fifth consecutive rate increase, after the inflation rate rose to the highest since the 2009 recession.

Reference: www.chron.com
Texas dragged into spat between Trump and European Union chief
Business
Published in 31-3-2017
    297 Visits

European Commission President Jean-Claude Juncker hit back at Donald Trump's support for the U.K.'s withdrawal from the European Union, saying that he would champion American states that wanted to secede from the union.

Reference: www.chron.com
Here's when you can grab free Ben & Jerry's ice cream cones in Houston
Business
Published in 31-3-2017
    774 Visits

Ice cream is already delicious, but it tastes even better when it's free.Want to test that theory?

Reference: www.chron.com
Hines buys and renames industrial park near Port of Houston
Business
Published in 31-3-2017
    580 Visits

Houston-based Hines has purchased the 2.2 million-square-foot Underwood Distribution Center in LaPort from BlackRock. Hines did not disclose the terms of the deal, but mortgage and sales data from Houston-based Enriched Data show an $80.5 million mortgage associated with the sale.

Reference: www.chron.com
Shaking the bushes for venture capital
Business
Published in 24-3-2017
    642 Visits

For now, it seems that the best chance Houston has is teaching local people with money to burn how to invest in startups, and convincing them that it'll be worth their while.

Reference: www.chron.com
Houston home values are on the rise, Zillow says
Business
Published in 24-3-2017
    737 Visits

Home values in the greater Houston area are up over the past year, but lag the national appreciation rate, a new report showed.

Homes in the greater Houston area rose 4.5 percent to a median value of $175,200 in February, according to the February Zillow Real Estate Market Reports. Nationally, values are up 6.9 percent to $195,700, the highest since June 2007.

Reference: www.chron.com


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