2:59 PM Feb 25, 2021 CST

‘It’s been a rough year for us’: Expert explains economic effects of winter storm, ongoing pandemic in Houston region

“It's been a rough year for us economically; it's been a rough year for us public health wise. It's just been a rough year for us psychologically—first the coronavirus and then the freeze," said Patrick Jankowski, senior vice president of research with the Greater Houston Partnership.


Fry's Electronics calls it quits after nearly 36 years in business

As many as 31 stores across nine states will be shuttered as Fry's Electronics shuts down due to market changes and the pandemic.


Greater Houston area could see economic relief from pandemic around mid-2021, economist says

Emerging technology and alternative-energy sectors could help ease the blow of the downturn in Houston's oil and gas industry caused by the COVID-19 pandemic.



With new partners, Greentown Labs Houston set to open on Earth Day

Greentown Labs and its partners have raised $8.3 million but still need $1.7 million more.


U.S. Rep. Dan Crenshaw files oil and gas legislation in response to Biden executive order

If passed into law, the congressman's bill would override the president's order, according to a statement.


Pandemic-induced retail conveniences are here to stay, official says

According to Jazz Hamilton, first vice president with the Retail Brokerage Services group for CBRE, between January and November of 2020, consumers spent almost $550 billion online—a 33% increase from 2019.


Higher minimum wage coming to Houston airport workers

Employees at George Bush Intercontinental, William P. Hobby and Ellington airports will see a boosted minimum wage following an executive order signed by Mayor Sylvester Turner on Oct. 9.



Bellaire looks to commercial growth to bolster revenue

The vast majority of the land within Bellaire’s city limits is zoned residential, and 86% of the city’s property tax revenue—its biggest source of funds—comes from those properties.


Imelda hovers over first public hearing on proposed Harris County tax rate increase

With Harris County commissioners poised to adopt the first tax rate increase the county has seen since 1996, court Democrats and Republicans remained at odds following the first public hearing on the proposed increase Sept. 20. In the wake of Tropical Depression Imelda, disaster recovery was also at the top of mind for people on both sides of the debate.


Developer: Revitalized Houston Farmers Market will retain its character

Just over two years after purchasing the historic Houston Farmers Market, developers broke ground on a project Aug. 6 that they said will turn the fresh produce marketplace into an even bigger food destination without leaving its 76-year heritage behind.


Texas shoppers to save millions during tax-free weekend, Aug. 9-11

Editor's note: This post has been updated to clarify the 8.25% sales tax charge refers to the state and local charges.



Coming soon: 14 restaurants and businesses opening in the Bellaire, Meyerland and West University area in 2019

There has already been a flurry of new businesses coming to the area in 2019, and there is more on the way, with the Rice Village and the Texas Medical Center areas attracting several new dining options. Here are the restaurants and shops on our radar.


Airbnb: Agreement with Houston could raise $3 million a year for tourism, arts funds

Under an agreement with the city of Houston effective July 1, Airbnb is now automatically collecting the city's hotel occupancy tax, yielding a potential annual windfall of $3 million for tourism and arts initiatives, the company said.


Texas shoppers pay no sales tax on emergency preparedness supplies this weekend, April 27-29

As hurricane season approaches in Texas, state Comptroller Glenn Hegar announced a statewide sales tax holiday this weekend, April 27-29, on emergency preparedness supplies.