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Feds approve UMB's $2B buy of Wisconsin Bank & Trust parent

UMB won regulatory approval for one of the nation's biggest recent banking acquisitions.

 

Signorelli Co.'s Valley Ranch community to add The Marketplace District, hires brokerage

The Signorelli Co., a developer based in The Woodlands, has hired a brokerage to market Valley Ranch's future district and the community's Town Center.

 

Bankrupt laser treatment chain closes locations, faces liquidation

The company shuttered all its locations and is currently seeking a buyer for either its business or equipment assets.

 

Local developer launches private credit firm for multifamily loans

Financing will focus on multifamily assets with over 100 units in the Sun Belt region.

 

Local university lands millions in funds from New York organization

With over $8 billion in total assets, the Mellon Foundation is the largest nonprofit in the country supporting arts and humanities endeavors.

 

CTA President Dorval Carter to step down

Dorval Carter is out at the CTA.
The transit agency president announced his retirement Monday in a CTA news release, after years in the hot seat as riders complained about unreliable service, conditions on trains and buses and concerns about personal safety.
He will step down at the end of this month, according to the release.

 

US splits world into three tiers for AI chip access

On Monday, the US government announced a new round of regulations on global AI chip exports, dividing the world into roughly three tiers of access. The rules create quotas for about 120 countries and allow unrestricted access for 18 close US allies while maintaining existing bans on China, Russia, Iran, and North Korea.

 

Supreme Court lets Hawaii sue oil companies over climate change effects

On Monday, the Supreme Court declined to decide whether to block lawsuits that Honolulu filed to seek billions in damages from oil and gas companies over allegedly deceptive marketing campaigns that hid the effects of climate change.

 

CES 2025 Home Security Roundup: Upgrades for Locks, Doorbells and More

We explored all the home security upgrades at CES. Here's what we liked best and how it could revolutionize home safety this year.

 

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