Florida-based NextEra Energy has unveiled an $18.4 billion deal to buy Oncor, Texas’ largest electric transmission company.
Economy
Get the latest on jobs, business, growth, and policy shaping the state’s economy with in-depth reporting from The Texas Tribune.
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Economy
Texas Gets Boost in New Mexico Water Fight
Three years after Texas filed a complaint in the U.S. Supreme Court alleging that New Mexican farmers were illegally curbing the Rio Grande’s flow into Texas, the justices appear closer to taking up the challenge.
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Economy
Texas Regulator Wants to Make Shopping for Electricity Easier
Donna Nelson, who chairs the Texas Public Utility Commission, is trying to crack down on deceptive electricity providers and make it easier for Texans to shop for electricity.
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Criminal Justice
State Might Let Homeowners Sign Away Right to Sue Insurers
Texas Insurance Commissioner David Mattax heard public testimony Wednesday on whether his department should allow insurers to offer lower rates for homeowners who agree to settle disputes through a mandatory mediation-arbitration process — effectively signing away their right to sue.
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Economy
Abbott Ad Asks British Businesses to ‘Declare Independence’
Gov. Greg Abbott is using this July Fourth weekend to urge British businesses to move to Texas — an “independence” pitch inspired by “Brexit.”
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Criminal Justice
Paxton Drops Challenge as Exxon Mobil Probe Shifts
Texas Attorney General Ken Paxton and his Alabama counterpart have dropped their legal bid to squelch a U.S. Virgin Islands investigation of Exxon Mobil after the U.S. territory agreed to with draw a subpoena for company documents.
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Criminal Justice
A Closer Look at the Texas Twist in Fight Between Exxon, Virgin Islands
Texas Attorney General Ken Paxton is trying to intervene in an effort to thwart an investigation into whether Exxon Mobil misled investors about the risks of climate change. Here’s a guide to Paxton’s effort and how it fits into the much broader climate change battle in the United States.
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Economy
Court OKs Limits on Hazlewood Tuition Program
Texas universities can deny free tuition to veterans who gained state residency only after enlisting in the military, a federal appeals court ruled Thursday, a decision that could ease concerns about a prominent benefit program’s spiraling costs.
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Economy
Federal Rules Could Tame “Wild West” of Texas Payday Lending
Proposed federal regulations on payday lending could have an especially significant effect in Texas, where 8 percent of people have used payday loans, compared to 5.5 percent nationally, and fees are among the highest in the country.
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Economy
Texas Budget Spared in Court Ruling on Drilling Tax Case
A Texas Supreme Court ruling has spared the state from having to issue billions of dollars in tax refunds to oil and gas drillers — a prospect that had threatened to shake up the next legislative session.