Houston Chronicle: Business

LOS ANGELES - A biotech billionaire struck a $500 million deal Wednesday to buy the Los Angeles Times, ending the paper's quarrelsome relationship with its Chicago-based overseers and bringing it under local ownership for the first time in 18 years.More | Talk | Read It Later | Share

The Woodlands will add Texas' first Stickhouse gelato on a stick, another area Main Squeeze Juice Co. and Ulta Beauty at its new Lake Woodlands Crossing shopping center in The Woodlands Town Center. The Howard Hughes Corp.More | Talk | Read It Later | Share

SpaceX mesmerized the world Tuesday by launching the most powerful rocket currently in use and propelling a cherry-red Tesla Roadster toward deep space. The successful mission could reignite America's passion for space, and it's fortifying the resolve of other commercial space endeavors.

As the Dow Jones industrial average collapsed 700 points in 20 minutes Monday afternoon and the stock market jerked from bad to cataclysmic, traders and analysts coalesced around an increasingly routine explanation: Blame the machines.More | Talk | Read It Later | Share

A Houston jury has awarded more than $200,000 to a downtown property owner in a dispute over access to the pedestrian tunnels that circulate beneath the city center.
The verdict late last week came in a 2016 lawsuit between Theater Square, an entity associated with the Linbeck construction company, which owns a block on the north end of downtown, and the current and previous owners of the former Houston Chronicle building site.More | Talk | Read It Later | Share

SAN FRANCISCO - Former Uber CEO Travis Kalanick took the witness stand Tuesday, offering his initial response to allegations that he cooked up a scheme to steal self-driving car technology from Google.More | Talk | Read It Later | Share

Ask the Fool
The risk of being 'on margin'
Q: What is buying stocks "on margin"? - A.J., Santa Maria, Calif.
A: It's when you invest with money borrowed from your brokerage - and pay interest on the loan.More | Talk | Read It Later | Share

My Salon Suite will more than double the size of its West University-area location and expand to The Woodlands and Pasadena, the company announced. My Salon Suite offers fully-equipped, upscale suites for hair, nails and salon services, along with training and marketing support.More | Talk | Read It Later | Share

The Texas State Securities Board is trying to shut down another cryptocurrency operation in Texas, the fourth such recent emergency action state regulators have taken against unregistered overseas companies selling virtual currencies in Texans.

NEW YORK - This year's Super Bowl ads ran the gamut from tame humor to ... tame messages about social causes.
After a divisive year, advertisers during the Big Game worked overtime to win over audiences with messages that entertained and strove not to offend.More | Talk | Read It Later | Share