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Retail & Industry

State Street Corp. is planning to lay off about 1,500 employees as part of a cost-cutting initiative and multiyear transformation journey, with a Q4 charge of $175-$200 million anticipated for severance costs.

Illinois gas prices are declining, with an average of $3.83 per gallon in Springfield, but higher prices elsewhere in the state and cheaper options across state borders due to tax differences.

San Diego is enforcing regulations on intoxicating hemp products, issuing warnings to retailers and conducting raids. Non-compliant stores face actions after a 30-day grace period.

Houston now boasts what's claimed as the world's largest hex nut, standing at Patriot Bolt's lot in Humble, TX. Named "Big Tex the Incredible Hex," the nut measures 16 feet tall and weighs roughly 8,500 pounds.

Drew Smith founded Lone Star Drone, hiring veterans to offer advanced drone services like thermography and mapping while emphasizing national security and rigorous training.

Austin leads as the best city for starting a small business according to a study by The Credit Review, with the metro area's booming growth and diverse economy. Texas cities vary on the list, but collectively highlight the state as a business hub.