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Nike analysts worry about NBA's rift with China
by Matthew Kish
13 Oct 2019 at 12:32pm
Some stock analysts worry Nike's momentum in China could be dulled if the NBA's rift with China continues.
Nike is the the league's official uniform provider. Its endorsers includes NBA stars LeBron James, Kyrie Irving and Kevin Durant.
Last week, a since-deleted tweet from Houston Rockets general manager Daryl Morey in support of anti-government protesters in Hong Kong set off a rift between Chinese government officials and the NBA. On Oct. 11, Reuters reported that Houston Rockets merchandise?
These are the highest-paid jobs in Houston that don't require a college degree
by Margaret Barrientos
12 Oct 2019 at 8:11am
With student debt rising to record highs, and tuition and fees also increasing year over year, many people are foregoing four-year university degrees.
Luckily for those people, Houston offers several well-paying jobs that don't require a higher education. As long as you have a high school diploma, you can still make bank.
Click through the slideshow above to see which occupations pay the most in the Houston area that don't require a college degree, according to Workforce Solutions. Also, the?
The week in bankruptcies: 8 companies file for bankruptcy in Houston
11 Oct 2019 at 12:50pm
Houston-area bankruptcy courts recorded eight filings ? including five with total debts above $1 million ? during the week that ended Oct. 4, 2019. Year to date through Oct. 4, 2019, the court recorded 180 Chapter 7, Chapter 9 and Chapter 11 bankruptcy filings, a 32 percent increase from the same span the prior year.
Goode Delivery LLC filed for voluntary Chapter 7 bankruptcy protection Sept. 25, 2019, in the Southern District of Texas. The debtor listed an address of 9318 E. Hardy Road, Houston,?
Op-ed: Anadarko-Oxy merger could threaten growth in The Woodlands
by Gordy Bunch
11 Oct 2019 at 12:40pm
The Woodlands has come a long way in nearly half-a-century, with our hometown growing off a napkin drawing from our founding father George Mitchell. It boasts numerous awards including the nation?s best The Woodlands fire department precinct 1, national gold medal for excellence in parks and recreation management, promotions and marketing excellence award, certificate of achievement for excellence in financial reporting and being named among the best places in America to live.
The Woodlands has?
Houston energy co. files Chapter 11 bankruptcy at over $1B debt
by Joshua Mann
11 Oct 2019 at 12:33pm
The company faced a harsh commodities environment, something that has driven a number of similar companies in recent months to bankruptcy.
Major insurer could drop one of Houston's largest health care systems from ne...
by Chris Mathews
11 Oct 2019 at 12:16pm
UnitedHealth Group Inc. (NYSE: UNH), the largest health insurance company nationwide, could soon drop Houston Methodist, one of the area's top health care systems, from its UnitedHealthcare network if an agreement cannot be reached.
Houston Methodist hospitals and facilities will be out of network for UnitedHealthcare's Medicare Advantage and employer-sponsored plans effective Jan. 1, while Methodists' employed physicians will be out of network starting April 1. Some 100,000 United plan members?
Photos: Multifamily high-rise fully open at site of planned Midtown mixed-use...
by Jeff Jeffrey
11 Oct 2019 at 12:08pm
Australia-based developer Caydon USA celebrated this month the grand opening of the residential piece of its first U.S. development, which is located in Midtown Houston.
The 27-story Midtown high-rise known as Drewery Place has been opening units to residents at a rate of about three floors per week since July 1. Now that the entire building is open, the company is working to lease the remaining units.
A spokesman for Caydon USA said about 25 percent of the building?s 357 units have been leased.?
More vendors revealed for future Rice Village food hall
by Olivia Pulsinelli
11 Oct 2019 at 11:22am
Three more vendors have been announced for Politan Row Houston, a food hall scheduled to open in Rice Village later this year.
According to a press release, the new vendors are:
Kin: Chef Evelyn Garcia ? a Houston native, graduate of the Culinary Institute of America, 2014 winner of the Food Network's "Chopped" and first chef-in-residence at Decatur Bar & Pop-Up Factory ? will bring "the flavors of Southeast Asia back home," per the release. Kin is touted as a fresh take on Thai food featuring?
BP nears $10B divestment goal early, will take multibillion-dollar writedown
by Olivia Pulsinelli
11 Oct 2019 at 9:31am
London-based BP PLC (NYSE: BP), which has its U.S. headquarters in Houston, on Oct. 11 shared an update on progress the company has made on its $10 billion divestment program.
When BP first announced the program after its $10.25 billion acquisition of BHP assets, the London company planned to complete the divestments over the course of 2019 and 2020.
Now, BP expects to have $10 billion worth of divestments completed or agreed to by the end of 2019, according to an Oct. 11 press release. However,?
Multifamily developer breaks ground on first of 2 projects planned east of do...
by Olivia Pulsinelli
11 Oct 2019 at 7:11am
A Chicago-based team has started construction on a midrise apartment complex just east of downtown Houston.
Naperville, Illinois-based Marquette Cos. and Chicago-based Origin Investments are partnering on the development of 2404 Navigation Blvd., which is now underway, according to the Houston Chronicle.
The 300-unit project is described as a nine-story development with 18,000 square feet of retail space for a restaurant and café on Marquette's website, though the Chronicle says it will be eight?