Bank of America makes a windfall in trading revenue during Texas blackout

Bank of America makes a windfall in trading revenue during Texas blackout

By Anna Domanska - Mar 08, 2021

The Texas electric grid failure in the severe winter storms last month brought a windfall for the Bank of America in hundreds of millions of dollars in trading revenue from the Tex

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Texas Power Crisis led to over $1 billion loss for Vistra

Texas Power Crisis led to over $1 billion loss for Vistra

By Christy Gren - Mar 01, 2021

The winter storm that has devastated Texas, leading to power outages, water shortage, and heating troubles, will affect the electricity bills of consumers and suppliers both. Vistr

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Tesla Announces Austin, Texas as its choice for Cybertruck Factory

Tesla Announces Austin, Texas as its choice for Cybertruck Factory

By Anna Domanska - Jul 23, 2020

Tesla, Inc. announced the location of its next US Gigafactory at a press conference after declaring the second quarter results of Tesla, putting to rest all speculations about the

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Texas Continues to Lead in US Wind Energy

Texas Continues to Lead in US Wind Energy

By Anna Domanska - Aug 27, 2018

Texas retains its lead in US wind capacity additions, according to the Department of Energy’s 2017 Wind Technologies Market report. The state recorded 2,305 megawatts additions w

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Toyota HQ Announces Relocation to Plano, Texas

Toyota HQ Announces Relocation to Plano, Texas

By Christy Gren - Sep 02, 2014

Toyota, world’s largest carmaker announced on Sept. 1 that it has selected the suburb of Plano in Dallas, Texas to move its headquarters from the Los Angeles area. Despite being

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SpaceX Picks Texas for World’s First Commercial Rocket-Launch Facility

SpaceX Picks Texas for World’s First Commercial Rocket-Launch Facility

By Carrie Ann - Aug 05, 2014

SpaceX, the space transport services company founded by elite billionaire Elon Musk, will build the world’s first private commercial rocket launch site on a remote beach in S

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EC initiates another probe into Google's adtech practices

EC initiates another probe into Google's adtech practices

By Anna Domanska - Jun 21, 2021

EU antitrust regulators are planning a formal investigation into Google’s digital advertising practices by the end of this year. Google is already facing unprecedented regulatory

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UK's Sanne agrees to consider Cinven bid

UK's Sanne agrees to consider Cinven bid

By Anna Domanska - Jun 14, 2021

Sanne, a UK fund administration business that provides alternative asset and corporate services, has agreed to hold talks with private equity firm Cinven over a potential £1.4bn t

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Summer rush: Vaccine drive bring hope to US airlines

Summer rush: Vaccine drive bring hope to US airlines

By Christy Gren - Jun 02, 2021

America’s two largest airlines are hoping that the figures will be somewhere comparable to pre-Covid times, and are preparing for the return to the new “normal”, though one i

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