Thomas Powell joins Forbes' billionaires as Powell Industries' market value and revenue surged, driven by data‑center demand and a three‑for‑one stock split.

Weatherford announced plans to move its legal domicile from Ireland to Texas, citing recent Texas corporate‑law and court changes and aligning with its Houston HQ. The move requires shareholder approval and is expected to complete in Q3 2026.

A new Houston Business Journal ranking profiles 100 local manufacturers and highlights where big investments — from Daikin campuses to Eli Lilly’s $6.5B plant — are shifting jobs and neighborhoods. The list maps where training and infrastructure will matter most in 2026.

Vedanta’s Anil Agarwal told energy leaders in Houston the group plans a small local office as Cairn eyes U.S. equipment and partners to speed a production push.

Lubbock‑based South Plains Financial closed its all‑stock deal for Bank of Houston, folding BOH into City Bank and expanding the firm’s Houston footprint. The move adds branches, deposits and Houston leadership under Jim Stein.

Houston’s HMH, backed by Baker Hughes and Akastor, priced its IPO at $20 and began trading on Nasdaq, raising roughly $210M.

After roughly 15 months on Houston airwaves, the Frito & Katy morning show was removed from 100.3 The Bull. Tucker “Frito” Young confirmed the move as Audacy faces cuts.

Kroger has closed its Heights and Spring stores this week, the latest moves in a local reshuffle tied to a national efficiency plan. Shoppers and staff are weighing alternatives as the company reconfigures its Houston footprint.

The viral Trump Burger mini‑chain across Southeast Texas has quietly shut or changed names as ownership fights, a cease‑and‑desist and ICE detentions converge.

Sysco agreed to buy Jetro Restaurant Depot in a roughly $29.1B cash-and-stock deal that would expand its reach into the cash-and-carry channel while facing regulatory review.

A federal judge ordered Houston’s Perry’s Steakhouse to pay more than $21M after finding an unlawful tip‑pooling scheme that diverted servers’ tips. The chain says it will appeal.

Houston registered 60,483 new business entities in 2025, outpacing Austin and Dallas. The surge highlights affordability, an energy‑tech pipeline and university spinouts.

Vicki Hollub is reportedly preparing to step down as Occidental CEO, with COO Richard Jackson seen as the likely successor after a planned transition. The move follows a string of major deals that reshaped the company.