by Beverly Barney | Feb 17, 2021 | Business
Texas Governor Greg Abbott has announced that the state is deploying maximum resources to local officials to respond to severe winter weather and to restore power to its communities. State agencies are sending resources and personnel to help local officials clear...
by Josephine Stubblefield | Feb 17, 2021 | Business
(Bloomberg) — The deep freeze that has forced the shutdown of U.S. refineries, oil wells and meat plants, disrupted shipments of soybeans and corn, and is still leaving more than 3 million customers without electricity could continue to keep parts of Texas in...
by Harold Obrien | Feb 17, 2021 | Business
Californians are familiar with large power blackouts, but Texas’ energy grid failures this week are on a much vaster scale, leaving millions of residents shivering. As severe winter weather blanketed much of the U.S. on Monday, an unusual snowstorm pummeled Texas —...
by Beverly Barney | Feb 17, 2021 | Business
Everyone wants clean energy, but reliability is what really counts in a crisis. As renewably sourced energy captures a larger share of the power grid, outages become inevitable. Renewable energy is great, but it just can’t compete with traditional sources. Texas just...
by Beverly Barney | Feb 16, 2021 | Business
As the world comes to grips with managing the new environment, Westlake-area business Athena Security is trying to help customers meet safety needs with sensors to count the number of people in a building and to detect concealed guns. Athena’s co-founder and Chief...
by Josephine Stubblefield | Feb 16, 2021 | Business
Some climate-focused technologies could help solve the problem It’s becoming harder for the U.S. to ignore the very real effects of global climate change — and despite the efforts of naysayers, it’s not a push to renewables that’s to blame for the outages sweeping the...
by Harold Obrien | Feb 16, 2021 | Business
According to Whitney Wolfe Herd, founder and CEO of Bumble, anyone can successfully start a side hustle and turn it into a thriving business. “You can monetize anything,” Wolfe Herd, who built Bumble into a business now worth over $7 billion, told CNBC Make It in...
by Harold Obrien | Feb 16, 2021 | Business
Grocery stores and shopping centers closed early or didn’t open at all Monday. Walmart closed 415 stores and Sam’s Clubs and put together an interactive map to help Texas shoppers determine if their neighborhood location was open or not. And if you didn’t see Amazon...
by Harold Obrien | Feb 16, 2021 | Technology
In 2010, the U.S. Department of Defense found thousands of its computer servers sending military network data to China — the result of code hidden in chips that handled the machines’ startup process. In 2014, Intel Corp. discovered that an elite Chinese hacking group...
by Beverly Barney | Feb 15, 2021 | Business
(Bloomberg) –Oil hit a fresh 13-month high as cold weather in Texas may see supply curbed from America’s largest shale patch. U.S. West Texas Intermediate futures surged as much as 2.2% in early Asian trade, rising above $60 a barrel for the first time in more...