texas

Treasury Secretary Scott Bessent criticized former Treasury Secretary Larry Summers on Monday, calling his recent television comments about Trump’s tax legislation “shockingly callous” and demanding a public apology. What Happened: The confrontation stems from Summers’...

According to latest reports, flash floods in Texas have led to the loss of more than 50 lives, with 27 girls from a summer camp still missing. This incident marks one of the deadliest flooding events in the state’s history. What Happened: A storm that dumped nearly a foot of rain in the...

Billionaire Elon Musk is the world's richest person, with a net worth of $370 billion, but you may not know it by his lifestyle, which includes no yachts and a plan to sell all his homes. While Musk previously sold off his numerous houses, he is once again the owner of an iconic Los Angeles home...

Financial commentator Peter Schiff slammed Texas’ move to establish a Bitcoin (CRYPTO: BTC) reserve funded by the state treasury. What Happened: Schiff took to X on Monday, voicing concerns about the legislative clearance given in the “Lone Star State” to use public funds to...

As Tesla Inc. (NASDAQ:TSLA) gears up for its much-hyped Robotaxi service launch, investors are revisiting the disciplined valuation strategy of Gary Black, who sidestepped a 30% downturn by exiting TSLA in 2021. What Happened: With Tesla's stock trading at a staggering price, which is 166.67 times...

A boom in artificial intelligence infrastructure is raising environmental concerns in Texas, according to a new report from the Environmental Integrity Project (EIP). With more than 100 new gas-fired power proposals under review, the state faces a notable uptick in air pollution, even as clean...

A feud between Tesla (NASDAQ:TSLA) CEO Elon Musk and President Donald Trump could end Musk's ties with the White House — a development welcomed by Tesla protestors. However, "the job is definitely not done,” volunteer organizer Adam Sheridan tells Benzinga. Feud Comes Quicker Than Anticipated...

Texas lawmakers have passed legislation that would significantly reduce small shareholders’ influence over corporations, potentially offering companies like Tesla Inc. (NASDAQ:TSLA) a shield from legal challenges that have plagued them in Delaware. What Happened: Two bills awaiting Governor...

Tesla Inc. (NASDAQ:TSLA) has announced its plans to launch a robotaxi service in Austin, Texas, this June, proclaiming “the future is autonomous.” However, this ambitious move faces skepticism from industry veterans and analysts. What Happened: The company’s official X account...

Mango Cannabis is opening its first retail dispensary in New Mexico. The 9,000-square-foot superstore — the largest in the state — is located in Sunland Park along the border with El Paso, Texas, which continues to uphold some of the strictest anti-cannabis laws in the country. "We opened in...

Yum! Brands Inc (NYSE:YUM) is making headlines for announcing that Kentucky Fried Chicken will soon be based in Texas. While the company has Kentucky in its name, its not the first brand to be headquartered in a different state. What Happened: Kentucky Fried Chicken, which was founded by Harland...

Prominent venture capitalist Chamath Palihapitiya has moved his recent business incorporations to Nevada citing concerns over Delaware’s judicial system and its impact on Tesla Inc. (NASDAQ:TSLA) shareholders, marking a potential shift in corporate domicile preferences. What Happened: In a...

Bitcoin (CRYPTO: BTC) mining reportedly helped Texas avoid $18 billion in energy costs by eliminating the need for new gas peaker plants. What Happened: The findings were made in a Monday report by the Digital Assets Research Institute, which credited the efforts of Electric Reliability...

Power grids across the South face an extraordinary challenge Tuesday as snow blankets regions typically prepared for summer heat waves, not winter whiteouts. What Happened A fierce winter system has upended daily life from Texas through the Carolinas, forcing Gulf Coast weather forecasters to issue...

Amazon.com Inc (NASDAQ:AMZN) paused commercial drone delivery last Friday in Texas and Arizona to fix the aircraft’s software. The suspension followed the crash of two of its latest models at a testing facility in rainy weather, Bloomberg reports. Amazon and Walmart Inc (NYSE:WMT) have...