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Suspected $31M Texas mortgage scam lands two more companies in bankruptcy court

A pair of companies that filed for bankruptcy in San Antonio in mid-April are part of a wider probe into what happened to $31 million that some Texans believed they were investing in real estate. Casey James Ltd. and Wallis Alan Ltd. were placed into.....»»

Category: topSource: bizjournalsApr 30th, 2021

Numinus Wellness Q2 2021 Results Highlighted by $17.25 Million Financing, Mindspace Wellbeing Acquisition and Clinical Trial Collaboration with MAPS PBC

Events subsequent to quarter end include $40.25 million financing and Phase 1 clinical trial   VANCOUVER, BC, April 29, 2021 /C.....»»

Category: earningsSource: benzingaApr 30th, 2021

Texas Roadhouse shares jump 5% on sales, earnings that crush estimates

Shares of Texas Roadhouse Inc. were initially up 5% in extended trading Thursday after the restaurant chain disclosed fiscal first-quarter results. Texas Roadhouse reported net income of $64.2 million, or 91 cents a share.....»»

Category: topSource: marketwatchApr 29th, 2021

Drive-backed gene therapy startup raises $120M to amp up biotech manufacturing in Grove City

A gene therapy startup that launched last summer has raised $120 million toward expanding its biotech manufacturing capacity in Grove City. It's the largest Series B financing in Ohio history, according to PitchBook......»»

Category: topSource: bizjournalsApr 29th, 2021

Form D Friday: Transwestern raises $259 million

See which companies and firms are raising funds around North Texas......»»

Category: topSource: bizjournalsApr 23rd, 2021

Texas wind farms sue Citigroup over charges from winter storm

A Canadian renewable energy firm on Wednesday sued Citigroup Inc (NYSE:C) for rejecting force majeure declarations during a February winter storm and billing it over $100 million for replacement power, according to lawsuits filed in a Texas state court......»»

Category: topSource: foxnewsApr 22nd, 2021

Stepan Co."s Houston-area chemical project approved for tax incentives deal

The Texas comptroller has approved a tax incentives deal worth millions of dollars for Illinois-based Stepan Co. (NYSE: SCL). The incentive would support a $202.9 million project Stepan is considering that would would construct an alkoxylatio.....»»

Category: topSource: bizjournalsApr 20th, 2021

Hard Rock Hotel site in Edwardsville sits shovel-ready as it awaits financing

Some grading and pier installation took place between late 2019 and early 2020 for a $74 million Hard Rock Hotel, now stalled on a prime 15.5-acre development site south of the Kansas Speedway, on account of issues with its original lender......»»

Category: topSource: bizjournalsApr 16th, 2021

Alkami Technology set to go public as IPO priced above the expected range

Alkami Technology Inc. is set to go public Wednesday, as the Texas-based digital banking company said it initial public offering of 6 million shares priced at $30 a share. The pricing was above the expect.....»»

Category: topSource: marketwatchApr 14th, 2021

Sports and other large outdoor events are finally returning but experts say they shouldn"t be an "unregulated free-for-all"

The Texas Rangers had a packed crowd Monday but some stadiums are limiting capacity or requiring fans to be vaccinated or test negative for COVID-19. A view of the fans and the stands during the .....»»

Category: smallbizSource: nytApr 11th, 2021

Tesla"s CFO is the latest tech executive to buy a home in Texas - see his $3.29 million lake-front Austin home

The Tesla exec's $3 million home purchase is the latest in a line of high-profile .....»»

Category: topSource: businessinsiderApr 8th, 2021

Is now the time to act on office sublease deals in North Texas? Experts share thoughts

Just under 9 million square feet of sublease space is currently available in North Texas, according to Transwestern......»»

Category: topSource: bizjournalsApr 6th, 2021

Cansortium Raises $12M To Boost Operations In Florida, Michigan And Pennsylvania

Cansortium Inc. (CSE:TIUM.U) (OTCQB: CNTMF) has secured some $12 million in financing through a sale of roughly 17.14 million of its units at 70 cents per unit. The Miami company expects to close the private placement over the next few days. read more.....»»

Category: blogSource: benzingaApr 5th, 2021

Biotech company spun out of Ohio State University research raises $116M in latest round

When it was founded back in 2018, Entrada raised $59 million, which was the largest amount raised in an initial financing round for an OSU startup......»»

Category: topSource: bizjournalsApr 5th, 2021

Mike Gilliam talks leadership, rescuing a Texas nonprofit from dire financial straits

Mike Gilliam appeared on the Texas Business Minds podcast to talk about inheriting $18 million in debt and why he's glad he stuck around to help lead the San Antonio Lighthouse for the Blind through its crisis......»»

Category: topSource: bizjournalsApr 3rd, 2021

Elon Musk takes Texas city by surprise by tweeting he’s going to donate $30 million to boost the area

The mayor of Brownsville said Elon Musk's $30 million donation came as a surprise and the city hasn't yet spoken to him about the details. SpaceX and Tesla CEO Elon Musk Amy E. Price/.....»»

Category: smallbizSource: nytApr 1st, 2021

UG committee advances agreement to revamp historic Rock Island Bridge

The Unified Government's proposed cooperative and development agreement entails $2 million in public financing for the roughly $5 million redevelopment of the bridge built in 1905......»»

Category: topSource: bizjournalsMar 30th, 2021

Spring break: For Cancún workers, it’s money vs. health

Mexico's tourist officials expect five million arrivals to Cancun in 2021. Many of those visitors are Americans, with visitors from Texas topping the list. But while the tourist dollars are desperately needed, some workers are afraid of getting sick......»»

Category: worldSource: nytMar 26th, 2021

Texas’s chief energy regulator fiercely defended fossil fuels after historic blackouts. She also profits from oil and gas.

The ties are newly relevant in light of last month’s blackouts, which left more than 9 million Texans without power and may turn out to be the costliest weather event in the state’s history......»»

Category: topSource: washpostMar 19th, 2021

WeDontHaveTime Raises $3.3 Million

Global top investors join the fight for the climate when WeDontHaveTime.org closes oversubscribed financing .....»»

Category: blogSource: valuewalkMar 17th, 2021