Business News
How Houston Spent $180 Million: A Deep Dive Into the City's Procurement and Purchasing Process
The City of Houston spent $180 million from its general fund on purchasing goods and services during the fiscal year ending June 30, 2024, according to newly released public financial records. Overseeing that massive flow of public funds was the Strategic Procurement Division of the Finance Department, which itself cost about $9.5 million to operate last year. City officials emphasize that purchasing within a government body like Houston is far different from everyday consumer spending. Unlik
How Houston Spent $180 Million: A Deep Dive Into the City's Procurement and Purchasing Process
The City of Houston spent $180 million from its general fund on purchasing goods and services during the fiscal year ending June 30, 2024, according to newly released public financial records. Overseeing that massive flow of public funds was the Strategic Procurement Division of the Finance Department, which itself cost about $9.5 million to operate last year. City officials emphasize that purchasing within a government body like Houston is far different from everyday consumer spending. Unlik
Texas Economy Ranked 8th Largest Globally, Surpassing Russia, Canada, and Italy
If Texas were an independent nation, its economy would rank as the eighth-largest in the world, surpassing economic giants like Russia, Canada, and Italy. With a nominal gross domestic product (GDP) of $2.7 trillion, Texas sits just behind the overall United States, China, Germany, and Japan when measured against global economies. Among U.S. states, Texas ranks second only to California and accounts for an impressive 9% of the total U.S. GDP. According to recent data compiled by the Internati
Texas Economy Ranked 8th Largest Globally, Surpassing Russia, Canada, and Italy
If Texas were an independent nation, its economy would rank as the eighth-largest in the world, surpassing economic giants like Russia, Canada, and Italy. With a nominal gross domestic product (GDP) of $2.7 trillion, Texas sits just behind the overall United States, China, Germany, and Japan when measured against global economies. Among U.S. states, Texas ranks second only to California and accounts for an impressive 9% of the total U.S. GDP. According to recent data compiled by the Internati
Kohl’s to Close 27 Stores Across 15 States Including Bay Area Locations This Weekend
Retail giant Kohl’s is preparing to close 27 underperforming store locations across 15 states this Saturday, March 29, as part of its strategic restructuring efforts. Among those closing are five locations in California’s Bay Area, including Fremont, Mountain View, Napa, Pleasanton, and San Rafael. These closures, initially announced in January, reflect the company's focus on optimizing operations and enhancing profitability by addressing performance issues in certain regions whi
Kohl’s to Close 27 Stores Across 15 States Including Bay Area Locations This Weekend
Retail giant Kohl’s is preparing to close 27 underperforming store locations across 15 states this Saturday, March 29, as part of its strategic restructuring efforts. Among those closing are five locations in California’s Bay Area, including Fremont, Mountain View, Napa, Pleasanton, and San Rafael. These closures, initially announced in January, reflect the company's focus on optimizing operations and enhancing profitability by addressing performance issues in certain regions whi







