The Maharlika Investment Corp. considers acquiring shares in the National Grid Corp. of the Philippines to enhance government oversight on external threats. Details on the potential investment and the role of the sovereign wealth fund in securing national interests.
he Texas Heritage Marketplace, a $400 million mixed-use development anchored by Target, has begun construction in Katy, Texas. The project will include retail, medical office spaces, apartments, and preserved greenspace.
Google is set to open its first Texas retail store at the Domain Northside in Austin, marking a strategic expansion in one of the U.S.’s leading tech hubs. The new store joins existing locations in major cities across the country.
Plains All American Pipeline renews its lease at Three Allen Center in downtown Houston, maintaining its long-standing presence in the city’s business district. The renewal highlights continued investment in a modernized, sustainable office space.
Pappasito’s Cantina expands to Katy, Texas, in the former Uncle Julio’s site. The new location will feature Tex-Mex classics, a full-service bar, and private banquet facilities, enhancing Katy’s vibrant and growing dining scene.
LyondellBasell begins the shutdown of its Houston refinery this weekend, affecting 400 jobs as it exits the refining industry. The facility will transform to produce recycled plastic pellets by 2027. The company is also investing $61 million in its new headquarters, highlighting a strategic shift towards sustainability and innovation.
Buc-ee’s has filed a lawsuit against Super Fuels, a North Texas gas station chain, in a Texas federal court. The legal action centers on allegations of trademark infringement and dilution. Buc-ee’s contends that Super Fuels’ use of a cartoon dog mascot closely resembles its iconic beaver logo, causing potential consumer confusion. As part of the lawsuit, Buc-ee’s is seeking monetary damages and a permanent injunction to prevent Super Fuels from using the disputed logo.
CenterPoint Energy is fully prepared for the upcoming winter storm in Houston, with 3,000 workers ready to address potential outages. The utility has set up staging sites and deployed mobile generators to ensure community safety and minimize disruption.
Amazon pauses its PrimeAir drone delivery programs in Texas and Arizona to address software updates for MK30 drones, following safety concerns and recent incidents during testing.
Cemex Holdings Philippines, under new leadership by CEO Herbert Consunji, aims for a financial recovery over the next three years amidst challenges in the cement industry. The company plans to enhance operational efficiency to navigate the turbulent market conditions. Explore how strategic changes are poised to reshape Cemex’s future.