Amazon CEO Jeff Bezos stepping down as company rakes in record revenue
Andy Jassy, who currently serves as the CEO of Amazon Web Services, will take over as Amazon’s new CEO.
Read MoreBuilding "Bridges" Across the Bayou City!
Andy Jassy, who currently serves as the CEO of Amazon Web Services, will take over as Amazon’s new CEO.
Read MoreThe company also nominated a new director and appointed a new vice president and controller.
Read MoreAmerican commercial airport facilities could see a $17 billion drop in revenue due to Covid-19 and reduced air traffic.
Read MoreState revenue declines lead to cuts in children’s Medicaid benefits, education spending, Rice experts say
Read MoreThe financial pain from the coronavirus for state and local governments is just beginning.
State sales tax revenue in April totaled about $2.6 billion, a 9.3% decline from revenue in April 2019, according to the Texas Comptroller of Public Accounts.
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Read MoreWith hundreds of hotels, restaurants and bars closed to the public for most of March and April due to social distancing mandates, sales and hotel-occupancy taxes — two of the city’s largest revenue streams — all but dried up overnight.
Read MoreMany Houston nonprofits are worried they might not have the money to survive the Covid-19 crisis, according to a recent survey.
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