by Henry Strother | Feb 26, 2021 | Business
The Longview, Texas, warehouse will be able to process 1 million packages per day. Gap plans to derive half of its sales from the internet by 2023, as more Americans shift their spending online. Gap said Wednesday it will invest $140 million to construct a...
by Brant Foy | Feb 26, 2021 | Business
Oil Production, Demand Drop Amid Energy Crisis in Texas Crude oil production in the United States plummeted but so too did demand amid last week’s bitter freeze that caused an energy crisis in Texas. Stockpiles ticked up as a result, the Energy Information...
by Henry Strother | Feb 24, 2021 | Business
The devastating Texas blizzard was a catastrophic and rare event. In emergency management parlance, these are “low-probability, high-consequence events.” But note: They are not zero probability. There’s always a chance of these disasters occurring, and thus,...
by Melody Meadows | Feb 23, 2021 | Business
The claim: “The Texas power grid is not part of the U.S. power grid because they wanted to avoid federal regulation.” — Facebook post. The winter blackouts that have forced millions of Texans to bear freezing temperatures without heat or power have drawn attention to...
by Henry Strother | Feb 23, 2021 | Business
When Texas freezes over, it is time to sit up and pay attention. It is not so different from California boiling over last summer and setting record temperatures. But the reality is that such weather has become the “new normal” and next week, it could just as easily be...
by Brant Foy | Feb 23, 2021 | Business
AMARILLO, Texas (KFDA) – The city will consider financial incentives for a dairy company that markets Hispanic products, including cheeses, to build an $88 million manufacturing plant in south Amarillo. Cacique Food would be located near Farmers Avenue and South...
