January '22 Week 4 Newsletter

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Donors to Launch Houston Newsroom With $20M in Seed Funding

Five philanthropies have announced plans to spend more than $20 million to bolster news coverage in Houston, Texas, and create what they say will be one of the largest local nonprofit news organizations in the country.

Source: usnews.com

Benchmark oil prices are at their highest point since 2014. Experts say that’s good for Houston’s economy 

Benchmark oil prices hit their highest price point since 2014 on Wednesday, which experts say could mean an economic boom for Houston. Brent crude futures reached around $88 and West Texas Intermediate crude was around $86 for the day. About one-third of Houston's economy is tied to the oil and gas industry.

Source: houstonpublicmedia.org

Electric vehicle charging company relocates headquarters to Houston from California

A Taiwanese electric vehicle charging company is relocating its U.S. headquarters to Houston from California. Noodoe EV, an EV charging technology...

Source: houstonchronicle.com

Harris County Adds $300M to Houston Canal Project Cost

Construction work is now restarting on the Houston Ship Canal Bridge in Texas. The bridge has been the subject of considerable controversy after construction was halted on the project over safety concerns.

Source: constructionequipmentguide.com

Industry Tips, Tools, & Resources 

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