texas

Total Wine & More, often called “America's Wine Superstore” as it is the largest independent retailer of fine wine in the U.S., has been at it since 1991 when brothers David and Robert Trone opened a small shop in Delaware. They now operate more than 260 superstores across...

Over two dozen companies have reportedly filed over 70 liens against sites developed by billionaire entrepreneur Elon Musk‘s SpaceX and its contractors since 2019 due to unpaid bills.  What Happened: According to Reuters, several construction companies filed liens...

Texas, prone to frequent power outages due to grid strain, is seeing a new player in the home energy storage market: Base Power.  Founded in Austin last year by Zach Dell, son of PC billionaire Michael Dell, and Justin Lopas, the company aims to provide a more...

A Texas judge has put a stop to the investigation of the media watchdog group Media Matters by Texas Attorney General Ken Paxton, dealing a second blow to tech billionaire and X owner Elon Musk in recent weeks. What Happened: The preliminary injunction was issued by a judge on Friday, effectively...

South Texas advocacy groups have launched a legal battle against a proposed land swap deal between the state and SpaceX. The deal, approved last month, has sparked controversy and opposition from local residents and the Carrizo Comecrudo Tribe. What Happened: The contentious land swap would enable...

Elon Musk‘s Tesla Inc. (NASDAQ:TSLA) said on Monday that more than 10 of the company’s Megapack sites operating in the Electric Reliability Council of Texas (ERCOT) ensured grid stability during the solar eclipse. What Happened: The Megapacks filled the energy void of over one...

Texas Capital Bancshares Inc (NASDAQ: TCBI) shares were down in early trading on Monday. The Federal Reserve is likely to cut its benchmark interest rates three times by 25 basis points (bps) each in 2024, beginning in June, and by three more times by 25bps in 2025, according to Truist...

Texas middle school math teacher Dustin Ebey is running for the 2024 presidential election to give voters another option besides the two nominees. What Happened: Ebey’s unique spin on the race is to legally change his name to "Literally Anybody Else.” The move is in response to the...

The U.S. Supreme Court issued a decision for Texas’ controversial border enforcement law, Senate Bill (SB) 4, so it can take effect for now, marking a significant shift in handling illegal border crossings and underscoring the deep divisions over immigration policy in the U.S. The Law’s...

In a move against Texas’ online age verification law, adult content platform Pornhub has decided to suspend its services in the state. What Happened: Pornhub has made its website inaccessible to users in Texas, reported The Verge. This decision is a response to the state’s age...

In the hallowed chambers of the Senate Finance Committee on Thursday, a testy exchange took place between Sen. John Cornyn (R-Texas) and Health and Human Services (HHS) Secretary Xavier Becerra. The bone of contention was the proposed rescheduling of marijuana under federal law. Cornyn grilled...

Should social media companies have the right to censor content they deem problematic? That's the question being debated at the Supreme Court in a case that could have vast consequences for industry giants like Facebook and Instagram, owned by Meta Platforms Inc (NASDAQ:META); YouTube, owned by...

A Delaware judge recently voided a compensation plan for Telsa Inc (NASDAQ:TSLA) CEO Elon Musk from 2018, which was previously approved by the company's board of directors and shareholders. The decision has prompted Musk and Tesla to consider changing their incorporation from Delaware to Texas, the...

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk said on Thursday that the company will hold a shareholder vote on transferring the company’s state of incorporation to Texas from Delaware after a Twitter poll on the matter witnessed more voters leaning towards incorporating the company in the state...

Elon Musk's X plans to employ 100 full-time workers for a new content moderation headquarters in Austin, Joe Benarroch, the head of business operations at X, told Bloomberg on Saturday.  This development is part of a broader trend of tech expansion in Austin, further fueled...