Will Anderson - HoustonNewMedia.org

Sunoco to buy Canadian company for more than $9 billion

Will Anderson — Mon, 05 May 2025 19:09:58 +0000

Dallas-based Sunoco plans to buy Parkland Corp., a Canadian energy and retail company, for cash and equity in a deal valued at about $9.1 billion. Sunoco says the deal would boost its cash flow to help with reinvestment while diversifying its portfolio...

The post Sunoco to buy Canadian company for more than $9 billion first appeared on HoustonNewMedia.org.

The post Sunoco to buy Canadian company for more than $9 billion appeared first on HoustonNewMedia.org.

NYSE Texas launches with Trump Media as initial listing

Will Anderson — Mon, 31 Mar 2025 21:59:01 +0000

The New York Stock Exchange announced March 31 that its Texas-based arm "is officially open for business" and that Trump Media & Technology Group is the first company to list on NYSE Texas.

The post NYSE Texas launches with Trump Media as initial listing first appeared on HoustonNewMedia.org.

The post NYSE Texas launches with Trump Media as initial listing appeared first on HoustonNewMedia.org.

Southwest to lay off around 15% of corporate employees

Will Anderson — Tue, 18 Feb 2025 14:01:10 +0000

The Dallas-based carrier that has been on a cost-reduction course since coming under fire last year from an activist investor announced Feb. 17 that it would cut a large chunk of its corporate team.

The post Southwest to lay off around 15% of corporate employees first appeared on HoustonNewMedia.org.

The post Southwest to lay off around 15% of corporate employees appeared first on HoustonNewMedia.org.

Trump, Larry Ellison unveil AI project that’ll get its start in Texas

Will Anderson — Wed, 22 Jan 2025 01:00:57 +0000

Texas will serve as the launch point for an effort to boost artificial intelligence research in the United States that was unveiled Jan. 21 by President Donald Trump and the leaders of Oracle Corp. and OpenAI at the White House.

The post Trump, Larry Ellison unveil AI project that’ll get its start in Texas first appeared on HoustonNewMedia.org.

The post Trump, Larry Ellison unveil AI project that’ll get its start in Texas appeared first on HoustonNewMedia.org.

ERCOT reports no issues with power grid as arctic cold sweeps through state

Will Anderson — Tue, 07 Jan 2025 16:22:04 +0000

The operator of Texas' electric grid doesn't foresee any power disruptions this week as the state deals with wintry weather.

The post ERCOT reports no issues with power grid as arctic cold sweeps through state first appeared on HoustonNewMedia.org.

The post ERCOT reports no issues with power grid as arctic cold sweeps through state appeared first on HoustonNewMedia.org.

TGI Fridays files for bankruptcy after closing remaining Houston locations

Will Anderson — Mon, 04 Nov 2024 13:49:50 +0000

TGI Fridays, a pioneer in casual dining that had fallen on hard times in recent years as diners' tastes shifted, has filed for Chapter 11 bankruptcy. Learn more about the filing as well as the recent moves of the company's leaders.

The post TGI Fridays files for bankruptcy after closing remaining Houston locations first appeared on HoustonNewMedia.org.

The post TGI Fridays files for bankruptcy after closing remaining Houston locations appeared first on HoustonNewMedia.org.

Southwest Airlines, activist investor Elliott strike deal to end proxy fight

Will Anderson — Thu, 24 Oct 2024 12:39:16 +0000

Southwest Airlines Co.'s agreement with activist investor Elliott Investment Management will reshape the airline's board and avert a proxy fight.

The post Southwest Airlines, activist investor Elliott strike deal to end proxy fight first appeared on HoustonNewMedia.org.

The post Southwest Airlines, activist investor Elliott strike deal to end proxy fight appeared first on HoustonNewMedia.org.

Southwest, Elliott consider end to proxy battle, according to reports

Will Anderson — Mon, 21 Oct 2024 16:01:41 +0000

This could end a monthslong struggle between Southwest Airlines and activist investor Elliott Investment Management.

The post Southwest, Elliott consider end to proxy battle, according to reports first appeared on HoustonNewMedia.org.

The post Southwest, Elliott consider end to proxy battle, according to reports appeared first on HoustonNewMedia.org.

Texas Capital assumes $400M health care portfolio, cuts some jobs

Will Anderson — Wed, 11 Sep 2024 12:52:11 +0000

Texas Capital said late last week it would buy a roughly $400 million portfolio of exposure to health care companies as part of an effort to build up its corporate banking business. It's also cutting an undisclosed number of jobs as it looks to streaml...

The post Texas Capital assumes $400M health care portfolio, cuts some jobs first appeared on HoustonNewMedia.org.

The post Texas Capital assumes $400M health care portfolio, cuts some jobs appeared first on HoustonNewMedia.org.

Topgolf, Callaway to split

Will Anderson — Mon, 09 Sep 2024 12:58:44 +0000

Topgolf is splitting from Callaway after the two companies merged in 2021. Leaders now think they could do better as independent companies.

The post Topgolf, Callaway to split first appeared on HoustonNewMedia.org.

The post Topgolf, Callaway to split appeared first on HoustonNewMedia.org.

7-Eleven’s Japanese owner receives takeover bid

Will Anderson — Mon, 19 Aug 2024 21:11:48 +0000

The parent company of 7-Eleven has received a takeover bid from a Canadian convenience store chain — setting up a potential blockbuster deal.

The post 7-Eleven’s Japanese owner receives takeover bid first appeared on HoustonNewMedia.org.

The post 7-Eleven’s Japanese owner receives takeover bid appeared first on HoustonNewMedia.org.

Activist investor wants to overhaul Southwest Airlines board

Will Anderson — Wed, 14 Aug 2024 12:59:37 +0000

Elliott Investment Management, a New York-based activist investor, has upped its pressure on Southwest Airlines Co.

The post Activist investor wants to overhaul Southwest Airlines board first appeared on HoustonNewMedia.org.

The post Activist investor wants to overhaul Southwest Airlines board appeared first on HoustonNewMedia.org.

Southwest’s big seating changes welcomed in some corners, lambasted in others

Will Anderson — Mon, 05 Aug 2024 11:00:00 +0000

Southwest Airlines' plan to adopt assigned seats marks a major milestone. Here's what fliers, flight attendants and Wall Street investors think.

The post Southwest’s big seating changes welcomed in some corners, lambasted in others first appeared on HoustonNewMedia.org.

The post Southwest’s big seating changes welcomed in some corners, lambasted in others appeared first on HoustonNewMedia.org.

Donald R. Horton, one of nation’s most influential homebuilding execs, dies at 74

Will Anderson — Fri, 17 May 2024 15:51:35 +0000

The company he founded became hugely influential in DFW — and across the United States. D.R. Horton ranks No. 1 on the Builder 100 ranking of the nation's biggest homebuilders. He was also lauded for creating a unique and supportive company culture, ch...

The post Donald R. Horton, one of nation’s most influential homebuilding execs, dies at 74 first appeared on HoustonNewMedia.org.

The post Donald R. Horton, one of nation’s most influential homebuilding execs, dies at 74 appeared first on HoustonNewMedia.org.

SRS Distribution agrees to $18B Home Depot buyout

Will Anderson — Thu, 28 Mar 2024 14:13:38 +0000

SRS Distribution Inc., a McKinney, Texas-based building materials company with locations in Houston, has struck a deal to be acquired by The Home Depot for about $18.25 billion, including debt.

The post SRS Distribution agrees to $18B Home Depot buyout first appeared on HoustonNewMedia.org.

The post SRS Distribution agrees to $18B Home Depot buyout appeared first on HoustonNewMedia.org.

Bullet train debate: Dallas Morning News editorial board says yes to Houston route

Will Anderson — Tue, 12 Mar 2024 12:55:02 +0000

A planned bullet train from Big D to Houston is once again making headlines. And a possible extension of that line, from Dallas to Fort Worth, has train supporters salivating about a link between Texas' biggest population centers. But the effort is not...

The post Bullet train debate: Dallas Morning News editorial board says yes to Houston route first appeared on HoustonNewMedia.org.

The post Bullet train debate: Dallas Morning News editorial board says yes to Houston route appeared first on HoustonNewMedia.org.

Dallas-Fort Worth leads Texas in gross domestic product

Will Anderson — Thu, 28 Dec 2023 11:30:00 +0000

Despite some strong headwinds heading into a new year, some fresh reminders recently landed showing Dallas-Fort Worth's economic potency, including a Texas-leading gross domestic product level that grew nearly 13% in 2022.

The post Dallas-Fort Worth leads Texas in gross domestic product first appeared on HoustonNewMedia.org.

The post Dallas-Fort Worth leads Texas in gross domestic product appeared first on HoustonNewMedia.org.

UT System chancellor wants to help students add credentials, come back to school later in careers

Will Anderson — Fri, 10 Nov 2023 19:50:51 +0000

While special sessions continue to drag on, the regular session of this year's Texas Legislature was "by far" the most successful ever for financial support of the University of Texas System, Chancellor James Milliken said.

Billions were directed towa...

The post UT System chancellor wants to help students add credentials, come back to school later in careers first appeared on HoustonNewMedia.org.

The post UT System chancellor wants to help students add credentials, come back to school later in careers appeared first on HoustonNewMedia.org.

Gay Gaddis shows how to balance entrepreneurial risk-taking with doing the ‘right thing’

Will Anderson — Mon, 16 Oct 2023 21:29:48 +0000

Gay Gaddis is a pioneer, in many senses of the word.

She's an advertising pioneer who cashed out a $16,000 retirement account to start agency T3 in the 1980s, and built it into a powerhouse that helped clients such as Dell, 7-Eleven and Pizza Hut. Alo...

The post Gay Gaddis shows how to balance entrepreneurial risk-taking with doing the ‘right thing’ first appeared on HoustonNewMedia.org.

The post Gay Gaddis shows how to balance entrepreneurial risk-taking with doing the ‘right thing’ appeared first on HoustonNewMedia.org.

What Torchy’s boss Mike Rypka has learned in 17 years making Trailer Park tacos

Will Anderson — Fri, 15 Sep 2023 21:06:31 +0000

For founder and CEO Mike Rypka, one of the best parts of growing Torchy's Tacos to 115 locations has been creating new opportunities for longtime employees to grow their careers.

"I really wanted to provide opportunities for my people. So obviously, t...

The post What Torchy’s boss Mike Rypka has learned in 17 years making Trailer Park tacos first appeared on HoustonNewMedia.org.

The post What Torchy’s boss Mike Rypka has learned in 17 years making Trailer Park tacos appeared first on HoustonNewMedia.org.