Building "Bridges" Across the Bayou City!
Tesla Inc. is recalling 362,758 vehicles because its “full self-driving” software may cause crashes.
The National Highway Traffic Safety Administration issued the recall after launching an investigation into the technology last year, it said on its we…
Read MoreNuro is shutting down its Phoenix area operations and refocusing on Houston and Mountain View.
Read MoreCEO Elon Musk on tweeted on June 4 that overall headcount at Tesla Inc. will increase over the next 12 months, but not in its salaried staff. The tweet came two days after Musk said in a memo to staff that he a “super bad feeling” about the direction o…
Read MoreThe move could cut around 10,000 jobs globally, based on how many employees the electric vehicle and solar power company said it employed at the end of 2021.
Read MoreNuro Inc., the autonomous delivery unicorn that has partnerships with a handful of companies in Houston, boosted its valuation to about $8.6 billion in a $600 million funding, and announced a partnership with Google Cloud.
It’s the Mountain View, Cali…
Read MoreThe SoftBank Group Corp.-backed construction company, which recently moved its headquarters to Houston, said it is proceeding with certain active projects in a number of states but has also notified key stakeholders that many of its U.S. projects will …
Read MoreKaterra, which recently made Houston its North American headquarters, will lay off thousands of employees and is likely to walk away from dozens of construction projects it had agreed to build, according to a report.
Read MoreThe deal would value WeWork at $9 billion including debt, far less than the $47 billion that it was estimated to be worth after a private round of financing from SoftBank in 2019, the year its efforts to go public in a traditional IPO imploded.
Read MoreAfter 36 years in business, Fry’s Electronics closed all of its remaining 31 stores in nine states overnight, including three in the Houston area, blaming a double whammy of changes in the retail business and the effects a year of operating during a pa…
Read MoreThousands of Paycheck Protection Program loans were approved without any estimate of how many jobs the aid would save. Experts say that raises a number of issues, including around loan forgiveness.
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