Bass Pro Shops will open a 72,000-square-foot store as the anchor tenant of Rainy Creek, an $80 million, 35-acre retail development along Interstate 20 in Abilene. Developer Wallace Ventures plans more than 200,000 additional square feet of shops, restaurants and a gym, as the fast-growing West Texas city adds major projects and population around its expanding I‑20 corrid
Texas companies reported 27,188 layoffs in 2025 through WARN filings, a slight drop from 2024 but still driven by major cuts at Tyson Foods, FedEx, Chewy, TTEC and Southwest Airlines, along with smaller reductions across logistics, manufacturing and services. The data show how a handful of large events and dozens of moderate layoffs reshaped workforces statewide even as the broader Texas economy continued to add jobs.
A Greater Houston Partnership forecast says upstream oil and gas companies are likely to cut about 3,200 jobs in 2026 as lower crude prices slow drilling, with manufacturing and administrative support sectors also losing thousands of positions. Even so, the region is projected to add nearly 31,000 net jobs overall, led by health care, construction, education and professional services.
CyrusOne has filed plans with Texas regulators to construct a 93,319‑square‑foot, single‑story data center in Whitney, about 35 miles north of Waco, with construction targeted from February 2026 to April 2027. The $430 million project would be the company’s smallest Texas facility and comes amid a broader surge in data center and AI infrastructure investments across the state, including Google’s recently announced $40 billion expansion.
Grand Lux Cafe will close its only Houston restaurant at 5000 Westheimer Road on Jan. 24, 2026, after 21 years in the Galleria area, as parent company The Cheesecake Factory Inc. shifts staff to other concepts and the district prepares for the arrival of Eataly and other new tenants.
Tyson Foods will eliminate 1,761 B-shift jobs at its Amarillo beef-processing complex on or about Jan. 20, 2026, as part of a nationwide restructuring that also includes a plant closure in Nebraska, according to a WARN notice filed with Texas regulators.
Amazon has filed plans for a $24 million, 403,800-square-foot operations facility at CityPark Logistics Center in Missouri City, aiming to speed up deliveries across Greater Houston and extend its growing logistics footprint in Texas.
Coinbase joins a growing number of major companies relocating from Delaware to Texas, drawn by favorable business regulations and a stable legal environment as Texas emerges as a new corporate haven.
A prolonged federal shutdown is forcing major airlines in Houston to reduce flight schedules due to staffing shortages and safety concerns, with the Federal Aviation Administration implementing a 10% cut in flight capacity.
Forbes Asia’s 2025 Power Businesswomen list honors two Filipinas, Mybelle Aragon-Gobio and Mariana Zobel de Ayala, for their influential roles in Asia’s business sector.