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View Breaking Local News Headlines in Houston from the Houston Business Journal. Access business resources, company profiles, business advice columns, local jobs and more.

Head of Texas Renaissance Festival keeps popular attraction evolving
by John Egan
15 Nov 2018 at 4:42pm
Terre Albert runs what?s billed as the country?s largest Renaissance festival, and he and his team are always devising ways to draw more visitors to what he says has evolved from an annual event into ?Houston?s only theme park.?

Elaine Turner to close last remaining store, aims to go online-only
by Olivia Pulsinelli
15 Nov 2018 at 4:20pm
Houston-based designer Elaine Turner is closing her brand?s last remaining brick-and-mortar store. The CityCentre store will remain open until Dec. 10, according to a letter posted on Facebook. It will offer store-closing markdowns as well as a warehouse sale Nov. 16-17, according additional Facebook posts.The letter notes the company will bring in extra inventory not available online. ?As many of you know, we have been talking for months about transformation and adapting to the new era of?

University of Houston board picks site for new med school, sets tuition and f...
by Olivia Pulsinelli
15 Nov 2018 at 3:03pm
The new University of Houston College of Medicine?s future building will be located at the main UH campus. The UH System Board of Regents selected the site at a Nov. 15 meeting where a tract in the Texas Medical Center was also presented as a potential site. Now UH can begin negotiating and executing contracts for the building's design and construction, according to a press release. The university will build an approximately 150,000-square-foot medical school building on the ?MacGregor site,??

Anadarko and its MLPs announce new presidents, other executive appointments
by Olivia Pulsinelli
15 Nov 2018 at 2:19pm
The Woodlands-based Anadarko Petroleum Corp. (NYSE: APC) and its Woodlands-based master limited partnerships ? Western Gas Partners LP (NYSE: WES) and Western Gas Equity Partners LP (NYSE: WGP) ? both announced new presidents and other leadership changes on Nov. 14. The changes come a week after the MLPs announced they would consolidate and acquire all of Anadarko?s remaining midstream assets for $4 billion. Bob Gwin, formerly executive vice president of finance and CFO, was named president?

Noble Energy executive jumps ship to company led by former Anadarko exec
by Greg Avery
15 Nov 2018 at 1:19pm
The Denver oil and gas independent adds another top executive as it evolves.

Rebranded Rtic Outdoors to hold grand opening event for new flagship store
by Olivia Pulsinelli
15 Nov 2018 at 12:54pm
Cypress-based Rtic Outdoors ? formerly Rtic Coolers ? is ready to unveil its first store. The grand opening event will be from 9 a.m. to 9 p.m. Nov. 17 at 20510 Hempstead Road in northwest Houston next to Rtic?s warehouse. The event is free, and net proceeds will benefit Camp Hope in support of U.S. veterans, according to a Facebook event page. The event will feature a display of the Astros 2017 World Series Trophy, Houston Texans cheerleaders and the team?s Toro mascot, Astros and Texans?

Exclusive: Heights Mercantile developer planning 200K SF retail redevelopment
by Cara Smith
15 Nov 2018 at 12:17pm
The company will be redeveloping more than 200,000 square feet of industrial space.

HP Enterprise chief tech officer on Houston's talent: 'I would stack it up ag...
by Chris Mathews
15 Nov 2018 at 12:09pm
Based in Houston, Mark Potter has held numerous business and managerial roles in research and development since joining Compaq Computer Corp. in 1989. Compaq and Hewlett Packard merged in 2001.

Houston Dynamo in bottom half of Forbes' ranking of MLS team values
by John George
15 Nov 2018 at 11:35am
The Houston Dynamo ranked 16th in value among Major League Soccer's 23 clubs, according to a report released Nov. 14 by Forbes. Atlanta United, which began playing in the MLS two seasons ago, topped the list with a valuation of $330 million. That's largely thanks to strong attendance, including a record-breaking 70,526 fans for a recent playoff game, and strong merchandise sales. The Houston team's valuation was $220 million, according to Forbes. That ranking placed the soccer club, which plays?

Photos: What a 12-acre Crystal Lagoon in Texas City will look like
by Fauzeya Rahman
15 Nov 2018 at 11:32am
Houston-based Land Tejas Cos. broke ground on its 12-acre Crystal Lagoon in the master-planned community Lago Mar in Texas City Nov. 15. The manmade lagoon will be six times as big as the first Crystal Lagoon in Balmoral, another Land Tejas community northeast of Houston. While the Balmoral lagoon is solely for residents of the community, the 12-acre version at Lago Mar will have a portion designated public access. Eventually, the Lago Mar lagoon will be surrounded by a 70-acre resort-style compound?

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Current Conditions : 51.3F, Clear - 9:15 PM CST Nov. 15
15 Nov 2018 at 7:15pm
Temperature: 51.3°F | Humidity: 56% | Pressure: 30.24in ( Falling) | Conditions: Clear | Wind Direction: SSW | Wind Speed: 3mph

Tonight as of Nov. 15 3:26 PM CST
15 Nov 2018 at 1:26pm
Tonight - Mostly clear. Lows around 40. Southwest winds around 5 mph.

Friday as of Nov. 15 3:26 PM CST
15 Nov 2018 at 1:26pm
Friday - Mostly sunny. Highs in the mid 60s. Southwest winds around 5 mph.

Friday Night as of Nov. 15 3:26 PM CST
15 Nov 2018 at 1:26pm
Friday Night - Partly cloudy. Lows in the mid 40s. South winds around 5 mph.

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