Lauren Ohnesorge - HoustonNewMedia.org

Net Power goes public in SPAC deal with Rice Acquisition Corp. II. CFO shares what’s next

Lauren Ohnesorge — Mon, 12 Jun 2023 19:08:22 +0000

Net Power has bold ambitions and is already planning its first plant, a $950 million project in the Permian Basin of West Texas, which is scheduled to come online in 2025. The company's demonstration facility is in La Porte in the Houston area.

The post Net Power goes public in SPAC deal with Rice Acquisition Corp. II. CFO shares what’s next first appeared on HoustonNewMedia.org.

The post Net Power goes public in SPAC deal with Rice Acquisition Corp. II. CFO shares what’s next appeared first on HoustonNewMedia.org.

A new peak travel season? Airline execs expect ‘new normal’

Lauren Ohnesorge — Wed, 26 Apr 2023 12:41:58 +0000

Airline executives say travel behavior continues to evolve, forcing business models to adapt on the fly.

The post A new peak travel season? Airline execs expect ‘new normal’ first appeared on HoustonNewMedia.org.

The post A new peak travel season? Airline execs expect ‘new normal’ appeared first on HoustonNewMedia.org.

From United to JetBlue: Airlines face competition dilemma for sustainable fuel

Lauren Ohnesorge — Mon, 06 Feb 2023 20:57:32 +0000

Fuel derived from biomass has become a buzzword in the airline industry, whose executives repeatedly say they’re willing to get on board with sustainable alternatives.

The post From United to JetBlue: Airlines face competition dilemma for sustainable fuel first appeared on HoustonNewMedia.org.

The post From United to JetBlue: Airlines face competition dilemma for sustainable fuel appeared first on HoustonNewMedia.org.

Houston-based Avelo Airlines to add flights, jobs at Raleigh-Durham International Airport

Lauren Ohnesorge — Wed, 23 Nov 2022 16:46:17 +0000

Houston-based Avelo Airlines has picked Raleigh-Durham International Airport (RDU) for its fifth base, a move that adds six new routes and at least 50 jobs. The low-cost startup airline also canceled a route this month, just days after it launched.

The post Houston-based Avelo Airlines to add flights, jobs at Raleigh-Durham International Airport first appeared on HoustonNewMedia.org.

The post Houston-based Avelo Airlines to add flights, jobs at Raleigh-Durham International Airport appeared first on HoustonNewMedia.org.

JPMorgan CEO tells business leaders why remote work isn’t sustainable

Lauren Ohnesorge — Thu, 13 Oct 2022 12:45:25 +0000

When it comes to remote work, the leader of one of the largest investment banks in the country told business leaders gathered at UNC he's ready to cancel the Zoom calls.

The post JPMorgan CEO tells business leaders why remote work isn’t sustainable first appeared on HoustonNewMedia.org.

The post JPMorgan CEO tells business leaders why remote work isn’t sustainable appeared first on HoustonNewMedia.org.

Houston startup Avelo Airlines launched in middle of the pandemic. It’s been quite a journey.

Lauren Ohnesorge — Sat, 27 Aug 2022 12:00:00 +0000

It’s been a scramble for Andrew Levy and his Avelo Airlines team as they've battled Covid resurgence, sky-high fuel prices and economic uncertainty.

The post Houston startup Avelo Airlines launched in middle of the pandemic. It’s been quite a journey. first appeared on HoustonNewMedia.org.

The post Houston startup Avelo Airlines launched in middle of the pandemic. It’s been quite a journey. appeared first on HoustonNewMedia.org.

Behind the deal: How a small North Carolina town beat Texas for Fujifilm’s $2B, 725-job project

Lauren Ohnesorge — Fri, 24 Sep 2021 20:08:51 +0000

Texas had offered up an incentives package that — including free land, tax abatements and training — would have been worth more than $300 million.

The post Behind the deal: How a small North Carolina town beat Texas for Fujifilm’s $2B, 725-job project first appeared on HoustonNewMedia.org.

The post Behind the deal: How a small North Carolina town beat Texas for Fujifilm’s $2B, 725-job project appeared first on HoustonNewMedia.org.

Why Amgen picked N.C. town over Houston and $110M worth of incentives

Lauren Ohnesorge — Thu, 19 Aug 2021 12:28:20 +0000

The company says its investment could total $550 million. And it's planning to hire more than 350 workers at average salaries of nearly $119,000.

The post Why Amgen picked N.C. town over Houston and $110M worth of incentives first appeared on HoustonNewMedia.org.

The post Why Amgen picked N.C. town over Houston and $110M worth of incentives appeared first on HoustonNewMedia.org.

Houston was a finalist for Grail Inc.’s $100M, 400-job oncology research project

Lauren Ohnesorge — Mon, 03 May 2021 17:32:56 +0000

Newly released documents show that a California firm focused on early detection of cancer was seriously considering expanding to Houston before it chose an East Coast site for its $100 million, 400-job project.

The post Houston was a finalist for Grail Inc.’s $100M, 400-job oncology research project first appeared on HoustonNewMedia.org.

The post Houston was a finalist for Grail Inc.’s $100M, 400-job oncology research project appeared first on HoustonNewMedia.org.

How North Carolina beat Texas for biotech co.’s potential $2B expansion, 725 jobs

Lauren Ohnesorge — Tue, 23 Mar 2021 11:00:00 +0000

In order to win the potentially $2 billion investment, North Carolina had to stand toe to toe with a much bigger competitor: Texas.

The post How North Carolina beat Texas for biotech co.’s potential $2B expansion, 725 jobs first appeared on HoustonNewMedia.org.

The post How North Carolina beat Texas for biotech co.’s potential $2B expansion, 725 jobs appeared first on HoustonNewMedia.org.

Fujifilm Diosynth Biotechnologies picks N.C. town for 725-job facility

Lauren Ohnesorge — Mon, 22 Mar 2021 17:32:50 +0000

Project Galaxy, identified as Fujifilm Diosynth Biotechnologies, picked Holly Springs over a competing site in Texas for a 725-job biologics manufacturing facility.

The jobs, according to what the company told the North Carolina Department of Commerc...

The post Fujifilm Diosynth Biotechnologies picks N.C. town for 725-job facility first appeared on HoustonNewMedia.org.

The post Fujifilm Diosynth Biotechnologies picks N.C. town for 725-job facility appeared first on HoustonNewMedia.org.

GOP donor Eshelman steps up efforts to recover funds donated to Houston’s True the Vote

Lauren Ohnesorge — Mon, 14 Dec 2020 20:38:27 +0000

Fred Eshelman claims he has been unable to locate the executive director of the organization he gave $2.5 million.

The post GOP donor Eshelman steps up efforts to recover funds donated to Houston’s True the Vote first appeared on HoustonNewMedia.org.

The post GOP donor Eshelman steps up efforts to recover funds donated to Houston’s True the Vote appeared first on HoustonNewMedia.org.

Chick-fil-A chooses North Carolina over Texas, other states for massive distribution facility

Lauren Ohnesorge — Tue, 01 Dec 2020 21:01:43 +0000

Weeks after scoring local incentives, Project Thunder, identified as Chick-fil-A, has pledged to bring 160 jobs to North Carolina via a major distribution center.

According to what Chick-fil-A told the North Carolina Department of Commerce, the compa...

The post Chick-fil-A chooses North Carolina over Texas, other states for massive distribution facility first appeared on HoustonNewMedia.org.

The post Chick-fil-A chooses North Carolina over Texas, other states for massive distribution facility appeared first on HoustonNewMedia.org.

How many TSA agents at Houston’s George Bush airport have tested positive for Covid-19

Lauren Ohnesorge — Mon, 30 Nov 2020 21:09:23 +0000

Despite enhanced TSA safety protocols, positive Covid-19 cases are still being reported among its screening agents at airports nationwide.

The post How many TSA agents at Houston’s George Bush airport have tested positive for Covid-19 first appeared on HoustonNewMedia.org.

The post How many TSA agents at Houston’s George Bush airport have tested positive for Covid-19 appeared first on HoustonNewMedia.org.

Election Day is over — should you apply for PPP forgiveness? Experts talk timeline

Lauren Ohnesorge — Mon, 09 Nov 2020 21:00:52 +0000

Banking experts offer advice for small-business owners still waiting to apply for PPP forgiveness.

The post Election Day is over — should you apply for PPP forgiveness? Experts talk timeline first appeared on HoustonNewMedia.org.

The post Election Day is over — should you apply for PPP forgiveness? Experts talk timeline appeared first on HoustonNewMedia.org.

Court victory for North Carolina restaurants could have huge stakes for insurers with Covid claims

Lauren Ohnesorge — Mon, 26 Oct 2020 19:51:37 +0000

A court ruling in favor of several North Carolina restaurants over insurance claims tied to losses suffered during the pandemic could have a ripple effect across the country.

The post Court victory for North Carolina restaurants could have huge stakes for insurers with Covid claims first appeared on HoustonNewMedia.org.

The post Court victory for North Carolina restaurants could have huge stakes for insurers with Covid claims appeared first on HoustonNewMedia.org.

Site selector: Coronavirus postponing major corporate searches

Lauren Ohnesorge — Tue, 17 Mar 2020 18:11:56 +0000

Tom Stringer, head of the site selection and business incentives practice at BDO, said he’s seen two of the projects he was working on “postponed” because of the coronavirus. He's not the only site selector worried about a drop in business well past th...

The post Site selector: Coronavirus postponing major corporate searches first appeared on HoustonNewMedia.org.

The post Site selector: Coronavirus postponing major corporate searches appeared first on HoustonNewMedia.org.

Microsoft bringing hundreds of jobs to North Carolina town instead of Houston

Lauren Ohnesorge — Tue, 17 Dec 2019 18:53:34 +0000

Houston lost out on a 500-job Microsoft operation to Morrisville, a town in North Carolina's Research Triangle metropolitan region.

A project briefing released by the North Carolina Department of Commerce called the project “highly competitive” betwee...

The post Microsoft bringing hundreds of jobs to North Carolina town instead of Houston first appeared on HoustonNewMedia.org.

The post Microsoft bringing hundreds of jobs to North Carolina town instead of Houston appeared first on HoustonNewMedia.org.