texas

Elon Musk‘s Tesla Inc. (NASDAQ:TSLA) said on Monday that more than 10 of the company’s Megapack sites operating in the Electric Reliability Council of Texas (ERCOT) ensured grid stability during the solar eclipse. What Happened: The Megapacks filled the energy void of over one...

Texas Capital Bancshares Inc (NASDAQ: TCBI) shares were down in early trading on Monday. The Federal Reserve is likely to cut its benchmark interest rates three times by 25 basis points (bps) each in 2024, beginning in June, and by three more times by 25bps in 2025, according to Truist...

Texas middle school math teacher Dustin Ebey is running for the 2024 presidential election to give voters another option besides the two nominees. What Happened: Ebey’s unique spin on the race is to legally change his name to "Literally Anybody Else.” The move is in response to the...

The U.S. Supreme Court issued a decision for Texas’ controversial border enforcement law, Senate Bill (SB) 4, so it can take effect for now, marking a significant shift in handling illegal border crossings and underscoring the deep divisions over immigration policy in the U.S. The Law’s...

In a move against Texas’ online age verification law, adult content platform Pornhub has decided to suspend its services in the state. What Happened: Pornhub has made its website inaccessible to users in Texas, reported The Verge. This decision is a response to the state’s age...

Should social media companies have the right to censor content they deem problematic? That's the question being debated at the Supreme Court in a case that could have vast consequences for industry giants like Facebook and Instagram, owned by Meta Platforms Inc (NASDAQ:META); YouTube, owned by...

A Delaware judge recently voided a compensation plan for Telsa Inc (NASDAQ:TSLA) CEO Elon Musk from 2018, which was previously approved by the company's board of directors and shareholders. The decision has prompted Musk and Tesla to consider changing their incorporation from Delaware to Texas, the...

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk said on Thursday that the company will hold a shareholder vote on transferring the company’s state of incorporation to Texas from Delaware after a Twitter poll on the matter witnessed more voters leaning towards incorporating the company in the state...

Elon Musk's X plans to employ 100 full-time workers for a new content moderation headquarters in Austin, Joe Benarroch, the head of business operations at X, told Bloomberg on Saturday.  This development is part of a broader trend of tech expansion in Austin, further fueled...

The ongoing tussle over immigration laws in the U.S. has taken a fresh turn, with the U.S. Justice Department launching a legal offensive against the state of Texas. The Justice Department is challenging an immigration law that empowers Texas officials to arrest, prosecute, and deport those who...

NBA team owner and entrepreneur Mark Cuban surprised many people when it was announced in November that he would be selling majority control of the Dallas Mavericks. The NBA has approved the sale. Here's what things look like moving forward. What Happened: Cuban, who has owned the Mavericks since...

Texas Lieutenant Governor Dan Patrick (R) suggested Tuesday that President Joe Biden should be removed from the Texas ballot due to his immigration policies. This statement follows the recent Colorado Supreme Court decision to bar former President Donald Trump from the state’s 2024 ballot....

Known best as the CEO and investor in several of the top companies around the world, Elon Musk is also the richest person in the world. A new title could be added the growing list of Chairman, CEO and founder roles served by Musk according to a new report. What Happened: Billionaire Musk moved from...

A recent study analyzing Census Bureau data conducted by the Federal Reserve Bank of Dallas reveals that Southern states are experiencing the most significant impact from inflation stress.  Where’s Inflation Stress Highest? Mississippi leads the list,...

Tesla Inc. (NASDAQ:TSLA) will now manufacture its next-generation electric vehicles in Texas instead of Mexico as initially planned, Electrek reported. The news emerged from an excerpt of Elon Musk‘s biography, providing reassurance amid potential delays in establishing the new Gigafactory...