The Galveston
Business
Galveston finishes renovations on Texas Heroes Monument
Restoration crews with R. Alden Marshall & Associates finished polishing and applying a protective wax coating to the monument’s bronze plates and statues Tuesday, giving the landmark a fresh sheen after it was last restored in 2015....
BNSF Railway scraps long idle locomotives in Galveston
BNSF Railway Company, confirmed the scrapping project underway, but declined to divulge additional details, such as the timeline, reason for the project or the cost involved....
Galveston hosts second comprehensive plan workshop, seeks wider community input
The first workshop, held Aug. 29, gathered residents’ concerns and ideas for the city’s future. This time, consultants and city staff focused on turning that feedback into practical ways to balance growth, including tourism and development, with preserving the island’s…...
CenterPoint opens new Santa Fe service center
The new facility will serve as a home base for about 130 employees and 60 to 70 service trucks, offering a more centralized location for operations in the county compared to the company’s previous building....
Dickinson lays out vision for bayou growth
The Bayou Mixed Use zoning district would reshape sections of Dickinson Bayou by allowing certain businesses, such as restaurants and water taxis, to establish along the waterfront without first seeking a case-by-case zoning change....
Santa Fe veteran leads effort to revive VFW Post 5400
Santa Fe VFW Post 5400 is working to reopen, recruit a new generation of veterans and restore its role as a gathering place and source of support for the broader community....
Cruise growth brings economic gains, growing pains to Galveston
The cruise industry has become one of the fastest-growing pieces of Galveston’s tourism economy, supporting hotels, restaurants and other businesses while generating tens of millions of dollars for the port....
Several Galveston families left reeling after ICE operations target workers
Immigration enforcement in Galveston County is affecting workers, families and local businesses, with residents describing fear, financial strain and uncertainty as local law enforcement works with federal immigration authorities....
Aging Pier 19 faces scrutiny as Galveston port grows
Port Director and CEO Rodger Rees said recent inspections found no immediate safety concerns at Pier 19, despite business owners saying repairs are needed....
La Marque Councilman whose company owes $28K disputes tax treatment
Six Brothers Concrete Pumping faces a default judgment stemming from a February lawsuit filed by Galveston County, the city of Texas City, Texas City ISD, Galveston County Drainage District No. 2 and College of the Mainland....
Galveston residents weigh in on island’s future during first community workshop
Maps, posters and Post-it notes covered walls in the Abe and Annie Seibel Wing of Galveston College, 4015 Ave. Q, as city administrators held the first community workshop about drafting an updated comprehensive plan....
Galveston cruise expansion brings concerns for historic Pier 19
The Galveston Wharves is negotiating with Royal Caribbean Group on development of a new cruise terminal and berth at Pier 14, a project port officials say could bring another major economic boost to the region while potentially reshaping portions of…...
Nearly 40,000 tiles later, Bishop’s Palace roof is complete
The Galveston Historical Foundation undertook the project last year after leaks began appearing inside the National Historic Landmark, including on the third floor and in its chapel....
US existing home sales fall further; small business sentiment at 11-month high
By Lucia Mutikani WASHINGTON, Aug 11 (Reuters) - U.S. existing home sales fell for a second straight month in July as higher mortgage rates and house prices because of tight supply pushed out...
Safeway closing more locations for this reason, parent company says
Nearly two years after a failed merger with Kroger, Safeway is closing more stores, according to a statement from the chain’s parent company.
Florida company to lay off nearly 200 workers, close headquarters
Postal Center International, a mail services company based in Broward, is laying off nearly 200 employees at its Weston headquarters, according to a WARN notice....
Trading card company Panini has made explosive new …
Trading card company Panini has made explosive new allegations in its three-year-old antitrust litigation against rival Fanatics.
Soup kits sold at Walmart in 29 states recalled. See affected product
A food manufacturer in Maryland has recalled more than 3,000 tomato soup kits sold at Walmart due to possible listeria contamination, the company recently announced....
US rocket company Astra Space seeks to raise $250 million in comeback bid
By Joey Roulette WASHINGTON, Aug 14 (Reuters) - U.S. rocket company Astra Space is seeking to raise $250 million at a $1 billion valuation in a funding round expected to close this quarter, CEO Chris...
Texas City pastor, businessman found dead in Moses Lake
Robert Kenneth Gass was found near the center of Moses Lake after crews searched the area by boat and helicopter, according to information released by Texas City officials....
Tapestry forecasts strong annual profit as Coach draws young shoppers
Aug 13 (Reuters) - Tapestry on Thursday issued an upbeat annual earnings forecast after beating Wall Street estimates for quarterly profit, helped by resilient demand from affluent and young shoppers...
‘Chris Paul is a very good friend of Bob Iger's. He …
Ramona Shelburne: ‘Chris Paul is a very good friend of Bob Iger's. He just recently retired, so he's available. I know he has some production company designs that he's done....
Birkenstock raises annual revenue forecast on strong demand
Aug 13 (Reuters) - Birkenstock raised its full-year sales growth forecast on Wednesday, banking on resilient full-price demand for its premium sandals from affluent shoppers....
Rise of AI shopping pushes merchants to protect loyalty, Adyen says
By Leo Marchandon and Gianluca Lo Nostro Aug 13 (Reuters) - The increasing prevalence of AI chatbots handling consumer shopping is pushing merchants to uphold more direct customer relationships over...
Thailand's second-quarter growth seen slowing sharply as weak consumption weighs: Reuters poll
By Pulkit Khanna BENGALURU, Aug 13 (Reuters) - Thailand's economic growth likely slowed sharply in the second quarter, while the economy contracted on a quarterly basis, a Reuters poll of economists...
Starlink starts taking orders for satellite internet service in Vietnam
HANOI, Aug 13 (Reuters) - Starlink, the satellite internet service operated by Elon Musk's SpaceX, has begun accepting orders in Vietnam, according to the company's local website....
Report: Josh Kushner, Bob Iger to buy Lakers for record $12.5B
American businessman Josh Kushner and former Disney executive Bob Iger are purchasing the Los Angeles Lakers for a record-breaking price of $12.5 billion, ESPN reported on Wednesday....
Mat Ishbia took to YouTube last Monday to deliver an …
Phoenix Suns NBA team owner and mortgage finance billionaire Mat Ishbia took to YouTube last Monday to deliver an upbeat analysis of the housing market from his company’s office basketball court....
Greensboro event gets new sponsor; elevated to top-tier status
It did not take long for the venerable PGA Tour event in Greensboro, N.C. to procure a new sponsor. Wednesday, the tour announced that Raymond James, a wealth management company located in St....
Treasury Wine hurt by weak Americas business, posts 42% drop in annual profit
Aug 13 (Reuters) - Australia's Treasury Wine Estates reported a 41.5% drop in full-year underlying profit on Thursday, weighed by weaker earnings from its Americas division....
The most expensive sales of NBA teams ever
From a purely business standpoint, the NBA appears to be in a healthier place than ever.
Popeyes chicken contained 'condom-like' object, $1.5M lawsuit alleges
Two Popeyes customers in Texas are suing the fast-food chain and its parent company for $1.5 million after allegedly finding a condom-like object inside a piece of fried chicken....
Because after the former Disney CEO and his business …
For Bob Iger, his and Josh Kushner’s purchase of the majority ownership of the Lakers from Mark Walter for a historic $12.5 billion valuation was still sinking in as of late Wednesday morning....
















