Chandler France - HoustonNewMedia.org https://houstonnewmedia.org/author/chandler-france/ Building "Bridges" Across the Bayou City! Tue, 13 May 2025 21:53:09 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 https://i0.wp.com/houstonnewmedia.org/wp-content/uploads/2022/11/cropped-cropped-Houston.png?fit=32%2C32&ssl=1 Chandler France - HoustonNewMedia.org https://houstonnewmedia.org/author/chandler-france/ 32 32 103504436 RCI Hospitality acquires 2 nightclubs, lists more properties for sale https://houstonnewmedia.org/rci-hospitality-acquires-2-nightclubs-lists-more-properties-for-sale/?utm_source=rss&utm_medium=rss&utm_campaign=rci-hospitality-acquires-2-nightclubs-lists-more-properties-for-sale Tue, 13 May 2025 21:53:09 +0000 http://houstonnewmedia.org/?guid=438c9404d4e34ab57d1929b4edfe9bdc Houston-based RCI Hospitality continues making moves that align with its "back to basics" strategy, which includes selling underperforming restaurant locations, focusing on nightclub acquisitions, paying down debt and buying back stock.

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]]> 953007 Houston has fewer millionaires than last year, but remains a top wealth hub worldwide https://houstonnewmedia.org/houston-has-fewer-millionaires-than-last-year-but-remains-a-top-wealth-hub-worldwide/?utm_source=rss&utm_medium=rss&utm_campaign=houston-has-fewer-millionaires-than-last-year-but-remains-a-top-wealth-hub-worldwide Tue, 13 May 2025 12:21:53 +0000 http://houstonnewmedia.org/?guid=2b8f2cd11c4efae811d9c29d0a45281e Despite the recent dip, Houston’s millionaire count has grown an impressive 75% over the past decade. Local wealth managers weigh in on the latest trends.

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]]> 952791 Sources: Houston Rockets, Toyota ink naming rights extension for downtown arena https://houstonnewmedia.org/sources-houston-rockets-toyota-ink-naming-rights-extension-for-downtown-arena/?utm_source=rss&utm_medium=rss&utm_campaign=sources-houston-rockets-toyota-ink-naming-rights-extension-for-downtown-arena Mon, 12 May 2025 17:00:50 +0000 http://houstonnewmedia.org/?guid=61733065a2c750f5905f7a91c9911be8 The Rockets and Toyota initially signed a 20-year, $100 million naming rights deal in 2003, which expired in 2023. The company and team have been operating under one-year contract extensions until this most recent multiyear deal.

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]]> 952663 NFL trends indicate how Houston Texans, public may share NRG Stadium renovation costs https://houstonnewmedia.org/nfl-trends-indicate-how-houston-texans-public-may-share-nrg-stadium-renovation-costs/?utm_source=rss&utm_medium=rss&utm_campaign=nfl-trends-indicate-how-houston-texans-public-may-share-nrg-stadium-renovation-costs Mon, 12 May 2025 12:17:40 +0000 http://houstonnewmedia.org/?guid=9c4bd7ec1e5fb995d3c8e57343e6d937 Recent NFL stadium trends indicate that the Houston Texans may end up fronting a large portion of NRG Stadium renovation costs. Here's why trends are moving in that direction.

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]]> 952311 Why Academy Sports & Outdoors’ CEO believes the retailer stands out from the competition https://houstonnewmedia.org/why-academy-sports-outdoors-ceo-believes-the-retailer-stands-out-from-the-competition/?utm_source=rss&utm_medium=rss&utm_campaign=why-academy-sports-outdoors-ceo-believes-the-retailer-stands-out-from-the-competition Fri, 09 May 2025 10:00:00 +0000 http://houstonnewmedia.org/?guid=eb2f87e931545c3e8113a8fcd3280c7f With plans to more than double its store count, Academy Sports & Outdoors' CEO shares insights on the company's approach to nationwide expansion and what sets it apart from competitors.

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]]> 951375 CAZ Investments’ new partnership makes sports ownership more accessible to smaller investors https://houstonnewmedia.org/caz-investments-new-partnership-makes-sports-ownership-more-accessible-to-smaller-investors/?utm_source=rss&utm_medium=rss&utm_campaign=caz-investments-new-partnership-makes-sports-ownership-more-accessible-to-smaller-investors Wed, 07 May 2025 18:39:36 +0000 http://houstonnewmedia.org/?guid=9493284f3b4008084aa3fa787de27a6e CAZ Investments’ latest partnership will increase access to sports ownership stakes.

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]]> 950120 Houston software company Pros Holding names new CEO to succeed longtime leader https://houstonnewmedia.org/houston-software-company-pros-holding-names-new-ceo-to-succeed-longtime-leader/?utm_source=rss&utm_medium=rss&utm_campaign=houston-software-company-pros-holding-names-new-ceo-to-succeed-longtime-leader Tue, 06 May 2025 17:34:44 +0000 http://houstonnewmedia.org/?guid=0a53c722a579a9639173068407518d88 The new executive will replace Pros Holdings’ longtime CEO, who first began in his role in 2010.

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]]> 949371 Houston-based wealth management firm adds local $1.5 billion-asset team from Morgan Stanley https://houstonnewmedia.org/houston-based-wealth-management-firm-adds-local-1-5-billion-asset-team-from-morgan-stanley/?utm_source=rss&utm_medium=rss&utm_campaign=houston-based-wealth-management-firm-adds-local-1-5-billion-asset-team-from-morgan-stanley Mon, 05 May 2025 18:59:45 +0000 http://houstonnewmedia.org/?guid=9013fb36c65fc4b9cfed1cd80e02a200 Americana Partners continues to expand after the local independent wealth firm launched in 2019.

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]]> 949213 Small businesses better-positioned to grow in Houston than elsewhere, JPMorgan Chase survey shows https://houstonnewmedia.org/small-businesses-better-positioned-to-grow-in-houston-than-elsewhere-jpmorgan-chase-survey-shows/?utm_source=rss&utm_medium=rss&utm_campaign=small-businesses-better-positioned-to-grow-in-houston-than-elsewhere-jpmorgan-chase-survey-shows Mon, 05 May 2025 11:00:00 +0000 http://houstonnewmedia.org/?guid=9be3ecab5147c9886e3e51fe9b9d365e More Houston small businesses are working to increase sales, expand and hire than the national average.

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]]> 948773 Houston banks optimistic about growth, but proceeding with caution amid economic uncertainty https://houstonnewmedia.org/houston-banks-optimistic-about-growth-but-proceeding-with-caution-amid-economic-uncertainty/?utm_source=rss&utm_medium=rss&utm_campaign=houston-banks-optimistic-about-growth-but-proceeding-with-caution-amid-economic-uncertainty Fri, 02 May 2025 16:54:02 +0000 http://houstonnewmedia.org/?guid=74548f908ef4d5aa404cee681424ba32 Local banks' Q1 loan growth was robust year over year but flatter quarter over quarter as businesses pause capital expenditures. Here's what leaders are saying about the economic outlook.

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]]> 947543 Texas continues to lead the nation as the best state to do business in, CEOs say https://houstonnewmedia.org/texas-continues-to-lead-the-nation-as-the-best-state-to-do-business-in-ceos-say/?utm_source=rss&utm_medium=rss&utm_campaign=texas-continues-to-lead-the-nation-as-the-best-state-to-do-business-in-ceos-say Thu, 01 May 2025 20:53:31 +0000 http://houstonnewmedia.org/?guid=2205ddf8547025e97c48a57110f2f41a A business-friendly environment, skilled workforce and affordable cost of living positions the state better than the rest, according to a CEO survey.

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]]> 947209 Cadence Bank closes acquisition of Georgia-based bank in less than 100 days https://houstonnewmedia.org/cadence-bank-closes-acquisition-of-georgia-based-bank-in-less-than-100-days/?utm_source=rss&utm_medium=rss&utm_campaign=cadence-bank-closes-acquisition-of-georgia-based-bank-in-less-than-100-days Thu, 01 May 2025 19:08:34 +0000 http://houstonnewmedia.org/?guid=d545f6f4f3c2ec430f4753a2fe1b8ea9 This is the Houston- and Tupelo, Mississippi-based bank’s first deal since 2021, when the merger between Cadence Bancorp and BancorpSouth Bank closed, forming the current Cadence Bank. The second has already been announced.

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]]> 947099 Houston-based Cornerstone Capital Bank takes next step in evolution following unique deal https://houstonnewmedia.org/houston-based-cornerstone-capital-bank-takes-next-step-in-evolution-following-unique-deal/?utm_source=rss&utm_medium=rss&utm_campaign=houston-based-cornerstone-capital-bank-takes-next-step-in-evolution-following-unique-deal Thu, 01 May 2025 12:33:28 +0000 http://houstonnewmedia.org/?guid=ceaea1736ec34a9b1e0ec16d329b1146 The bank was formed after Houston-based mortgage company Cornerstone Home Lending filed for a bank charter and acquired Roscoe-based The Roscoe State Bank in 2022. But because of the unique nature of the deal, the combined company couldn't take its nex...

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]]> 947056 Houston banks change tune on M&A outlook, but still optimistic for deals in 2025 https://houstonnewmedia.org/houston-banks-change-tune-on-ma-outlook-but-still-optimistic-for-deals-in-2025/?utm_source=rss&utm_medium=rss&utm_campaign=houston-banks-change-tune-on-ma-outlook-but-still-optimistic-for-deals-in-2025 Tue, 29 Apr 2025 19:50:52 +0000 http://houstonnewmedia.org/?guid=a17f7bd940d387cf739ae78a320e819c Some Houston banks were all but certain they would make an M&A deal in 2025. Their outlook has changed following the first quarter.

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]]> 946268 Houston billionaires, major oil companies donate millions to Trump inauguration fund https://houstonnewmedia.org/houston-billionaires-major-oil-companies-donate-millions-to-trump-inauguration-fund/?utm_source=rss&utm_medium=rss&utm_campaign=houston-billionaires-major-oil-companies-donate-millions-to-trump-inauguration-fund Tue, 29 Apr 2025 10:00:00 +0000 http://houstonnewmedia.org/?guid=1a29af93658e70696bfd5d95337fd13b President Donald Trump’s inaugural committee drew more than $8.57 million from individuals and companies in Houston.

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]]> 945963 Cadence Bank to expand Texas presence with acquisition of distressed Industry Bancshares https://houstonnewmedia.org/cadence-bank-to-expand-texas-presence-with-acquisition-of-distressed-industry-bancshares/?utm_source=rss&utm_medium=rss&utm_campaign=cadence-bank-to-expand-texas-presence-with-acquisition-of-distressed-industry-bancshares Mon, 28 Apr 2025 19:27:49 +0000 http://houstonnewmedia.org/?guid=3a919c7122d1f7b58c9d0144b67468b8 This is Cadence Bank's second acquisition of 2025 after the company began the year expecting to be active in the M&A space.

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]]> 945844 Houston Livestock Show and Rodeo’s investments in NRG Park total hundreds of millions of dollars https://houstonnewmedia.org/houston-livestock-show-and-rodeos-investments-in-nrg-park-total-hundreds-of-millions-of-dollars/?utm_source=rss&utm_medium=rss&utm_campaign=houston-livestock-show-and-rodeos-investments-in-nrg-park-total-hundreds-of-millions-of-dollars Mon, 28 Apr 2025 09:00:00 +0000 http://houstonnewmedia.org/?guid=1ee58a0d01413948a612c75cf0b8b84e RodeoHouston has contributed far more to NRG Park than the Houston Texans, who benefit from a more favorable lease structure. The long-term investments made by the tenants have played a crucial role in shaping the venue's development and will influence...

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]]> 945475 How Group 1 Automotive is navigating M&A, capital expenditures amid tariff uncertainty https://houstonnewmedia.org/how-group-1-automotive-is-navigating-ma-capital-expenditures-amid-tariff-uncertainty/?utm_source=rss&utm_medium=rss&utm_campaign=how-group-1-automotive-is-navigating-ma-capital-expenditures-amid-tariff-uncertainty Fri, 25 Apr 2025 18:53:09 +0000 http://houstonnewmedia.org/?guid=86012e746f2cf21d9b5a97ceaae2078a The Houston-based automotive retailer has deferred some capital expenditures, but it's still discussing possible acquisitions.

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]]> 944498 Walmart prepares to open first new store in 5 years in Houston, renovate 14 area locations https://houstonnewmedia.org/walmart-prepares-to-open-first-new-store-in-5-years-in-houston-renovate-14-area-locations/?utm_source=rss&utm_medium=rss&utm_campaign=walmart-prepares-to-open-first-new-store-in-5-years-in-houston-renovate-14-area-locations Thu, 24 Apr 2025 20:56:17 +0000 http://houstonnewmedia.org/?guid=c41cfa9be3ed5733ae50523c987445d0 Walmart will renovate more than dozen stores in the Houston region and has set the opening date for its first new-build in years.

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]]> 943952 National bank economist: Recession fears have increased, but Houston is well positioned https://houstonnewmedia.org/national-bank-economist-recession-fears-have-increased-but-houston-is-well-positioned/?utm_source=rss&utm_medium=rss&utm_campaign=national-bank-economist-recession-fears-have-increased-but-houston-is-well-positioned Wed, 23 Apr 2025 23:11:04 +0000 http://houstonnewmedia.org/?guid=ba2a38aa2be76013c0669f7d5e71922c A growing workforce and affordability are positives for Houston, though the region could be particularly affected by changes in immigration policy. A national economist explains why Houston is well positioned despite increased recession fears.

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