A man wrongfully accused of robbery is suing Macy's and Sunglass Hut for $10 million, claiming faulty facial recognition tech led to his false arrest and assault in custody.

UPS plans to cut 12,000 jobs to save $1 billion due to lower 2024 revenue projections, as per the Houston Chronicle. Stocks fell after the announcement.

Buffalo Bayou Brewing Company in Houston has closed due to financial issues, part of a larger trend of local brewery closures and economic struggles within the craft beer community.

Tellurian Inc. considers a sale and hires Lazard to explore options, causing a 15% rise in its shares after-market.

Lumin Fitness, a Dallas-based AI-powered fitness brand, is partnering with Verge Fit Holdings to open 13 new locations in Texas. The company offers gamified workouts and requires minimal setup for studios.

Vroom Inc. is closing its e-commerce operations and laying off 90% of its staff due to financial struggles and an inability to raise necessary capital.

Strategic Materials, Inc. emerged from bankruptcy after reducing debt by $300 million and securing $60 million in new capital. The company maintained operations throughout the restructuring process.

A Texas man is suing Sunglass Hut, Macy's, and their parent companies for $10 million over a wrongful arrest and subsequent assault based on flawed facial recognition technology.

ShopX has opened in downtown Houston, offering a variety of retail options to local customers in the renovated Post Houston spot, with flexible leasing for vendors.

Rice University agrees to pay $33.75 million to settle part of a price-fixing lawsuit involving financial aid collusion with other elite universities.

Talos Energy is set to acquire QuarterNorth Energy for $1.29 billion, aiming to bolster its Gulf of Mexico operations and increase its production profile.

Houston faces severe cold, prompting business and government closures, including the Harris County Clerk's Office and METRO transit services, with potential reopenings contingent on weather improvements.

Capital Good Fund, a nonprofit, offers solar loans to low and middle-income residents in the Houston area to overcome high costs and credit scores, supporting equitable clean energy access.