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☆ Why Amtrak is attempting to revive the Texas Central bullet train
▼ + stars: | 2024-03-11 | by ( Carlos Waters | In Carloswaters | ) www.cnbc.com time to read: +5 min

In 2023, Amtrak revived hopes for the bullet train in the Texas Triangle, when it announced its intention to broaden its partnership with Texas Central. The Texas Central project has been repeatedly delayed as its backers navigate various regulatory hurdles, including environmental reviews and disputes over property rights. The proposed alignment for the Texas high-speed rail project crosses Morney-Berry Farm, which Berry's family has cultivated for generations. And in late 2023, Texas Central received a Corridor ID program grant to study the route's potential for partnership with Amtrak. The backers of Texas Central declined repeated requests from CNBC for a comment on the project's progress and expected completion date.

Persons: Andy Byford, Seth Moulton, Brianne Glover, Jody Berry, Berry, Biden, Troy Nehls Organizations: U.S, Texas Central, Amtrak, Fort Worth metroplex, Texas, Dallas, CNBC, University's Transportation Institute, Texas Supreme Court, Reason, U.S ., Japan Bank, International Cooperation, Speed Rail Authority Locations: Texas, Dallas, Houston, U.S, It's, Berry, Japan, California, Los Angeles, San Francisco

☆ The fastest-growing city in Texas is a tiny place no one's ever heard of
▼ + stars: | 2024-02-18 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +7 min

Texas' fastest-growing city is a small spot outside Dallas called Josephine, census data shows. “It's a stressor being in that type of environment,” Moore told Business Insider. AdvertisementAccording to census data, Josephine is the fastest-growing city in Texas. AdvertisementAn aerial view of Josephine, Texas. “The majority of the homes in the city of Josephine are overwhelmingly priced at $300,000.

Persons: Josephine, —, Cassidy Moore, Moore —, McKinney , Texas —, “, ” Moore, Moore, she’d, Redfin, Dallas ’, Antonio —, ’, Let's, ’ ”, homebuilder, Horton, Robbie Hale, Burnet, Bonnie Hunt, Lisa Palomba “ Josephine, ” Hunt, “ It's, Lisa Palomba, ” Palomba, Josephine —, We're, Sherman Organizations: Texas, Service, Fort Worth metroplex, Google, US, Waverly Estates, Estates, Texan, Real Estate, McKinney Locations: Dallas, Fort Worth, McKinney , Texas, Josephine, Texas, Florida, San Antonio, New Braunfels, Austin, DFW, Josephine , Texas, D.R, Meadow, Horton, Sun, Florida , Georgia, Arizona, McKinney, Plano, “

☆ 50 cities showing where rents are surging or dropping compared to home values — and how to determine whether it's worth buying or renting, according to experts
▼ + stars: | 2023-11-30 | by ( Laila Maidan | ) www.businessinsider.com time to read: +7 min

But home prices are still on the rise, according to a November 28 note from Selma Hepp, the chief economist at CoreLogic. The outcome is that many remain renters, which drives up demand for rental property and the cost of rent. If the cost of rent is 20% below the price of owning a home monthly, then it may be comparable. Rent prices are based on listings from Rent.com. For example, take the cost of rent over five years; let's say it's $3,000 x 12 months = $36,000 annually.

Persons: Selma Hepp, they'll, Suzanne Miller, Miller, Price, Shmuel Shayowitz, Shayowitz Organizations: Business, Home, Empire State, Seattle -, Dallas, Fort, Redfin, Kansas, Jacksonville, Birmingham, NA Milwaukee, Phoenix, Boston, Orlando, Virginia, KY, UT, Oklahoma Locations: Redfin . Metro, Seattle, Dallas, Seattle - Tacoma, Bellevue, Everett, Tacoma, Fort Worth, Metro, Columbus, Providence, RI, Kansas City, Angeles, Buffalo, NY, Indianapolis, York, Hartford, Jose, Antonio, Minneapolis, Detroit, MI, Virginia Beach, Louis, Washington, San Diego, Atlanta, Richmond, Cincinnati, San Francisco, Philadelphia, Tampa, WA, Denver, Riverside, CA, Cleveland, Baltimore, Pittsburgh, Charlotte, NC, Orleans, LA, Nashville, TN, Memphis, Raleigh, Louisville, Jefferson County, Houston, Salt Lake City, Miami, Chicago, Sacramento, Vegas, Portland, Austin, New York City

☆ A Tesla owner said he heard a 'hissing' sound from the battery before it caught on fire in his garage
▼ + stars: | 2023-11-13 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

A Tesla vehicle caught fire in Plano, Texas on Friday, local news outlet WFAA reported. The owner told WFAA he heard a hissing sound coming from the battery before it caught alight. He said he had the new battery installed the day before the fire, that took hours to distinguish. AdvertisementAdvertisementA Tesla owner said he heard a hissing sound coming from the battery the day before it caught fire in his garage. The Tesla owner told WFAA he had the new battery installed Thursday at a Tesla dealership in Plano, which is part of the Dallas-Fort Worth Metro area.

Persons: —, Tesla, Daniel Daly, Daly Organizations: WFAA, Service, ABC, Fort, BBC, Rescue Service, Sacramento Metropolitan Fire Department, Plano Locations: Plano , Texas, Plano, Dallas, Fort Worth Metro, Essex County, California, Sacramento

☆ Melissa, Texas, has a population of 19,000 and a high school football stadium that some colleges would envy. See inside the $35 million arena.
▼ + stars: | 2023-09-19 | by ( Cork Gaines | ) www.businessinsider.com time to read: +5 min

Another Texas high school has opened a swanky new football stadium that many colleges would envy. AdvertisementAdvertisementExample #2462 that high school football in Texas is different...Melissa High School (40 miles north of Dallas) just opened a $35 million football complex with a 10,000-seat stadium and a state-of-the-art indoor practice facility. A view of the Melissa High School football field's video board, as seen in WFAA drone footage. The Melissa High School football training facility and practice field seen in drone footage obtained by WFAA. In 2012, the school district in Allen, Texas, opened a $60 million football stadium for Allen High School.

Persons: Kenny Deel, elissa H, orth, ould, elissa, ike, rove, alf Organizations: Service, Melissa High School, FAA, ust Locations: Texas, Melissa , Texas, Wall, Silicon, Dallas, ife

☆ Five residents of a Texas town where half the homeowners are millennials break down the good and bad: The growth explosion helped the economy, but put stress on housing and schools
▼ + stars: | 2023-09-04 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +2 min

Midland's booming oil and energy sector has brought thousands of millennials to the West Texas city. They said the influx of homebuyers has strained the housing market and schools, but there are perks. AdvertisementAdvertisementWith a bit of skepticism, I visited the desert city of 176,914 residents this summer to investigate how this was even possible. I learned that Midland's thriving oil and energy industry and its high-paying jobs are behind the city's millennial homeownership success. In their own words, here are five Midland residents on how millennials have brought about both positive and negative changes to the city.

Organizations: Service, homeownership, Midland, Dallas Fort, National Association of Realtors Locations: West Texas, Midland, Wall, Silicon, Baltimore, Florida, Dallas, Dallas Fort Worth

The storm was concentrated in the Dallas-Fort Worth metropolitan area, home to both American and Southwest airlines — though with 419 canceled departures, Southwest had the lion's share of affected flights, according to FlightAware. An alternative measure of cancellation rates on flight-tracking site Anuvu.com showed 9% of Southwest's flights had been canceled, compared with 6% of American's flights. On Monday, it issued a winter weather waiver for 12 airports in the region that will allow affected travelers to get a refund or rebook for any flights canceled from January 30 to February 1. The outsized Southwest cancellations come just weeks after a holiday travel meltdown prompted nearly 17,000 flights to be canceled, potentially affecting millions of travelers. If your flight is delayed for any other reason, like weather, you are not entitled to any compensation or refund.

A long-duration ice storm will impact a large swath of the South through Wednesday, with the Dallas-Fort Worth metropolitan area at the center of the threat. The slow-moving storm system is expected to bring freezing rain and accumulating ice to parts of the country extending from Texas to West Virginia. A heavier round of freezing rain is expected to develop Tuesday over central Texas and up through Arkansas into Tennessee. As parts of the South struggle with the winter storm, several cities in the Northeast will continue to wait for snow. Some other notable snowless statsPhiladelphia is quickly approaching its latest first snow on record, which is Feb. 3.

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