DIRS.INFO The most relevant business & tech news

☆ Solar CEOs bet that Red State investments will protect them from threat of Trump repealing IRA
▼ + stars: | 2024-03-15 | by ( Spencer Kimball | ) www.cnbc.com time to read: +9 min

First Solar , the largest panel manufacturer in the U.S., expects to receive about $1 billion in tax credits this year for making its products domestically. Eight of the top 10 congressional districts in terms of solar investments are represented by Republicans, according to the think tank. Enphase CEO Badri Kothandaraman is blunt that repealing the IRA tax provisions would hurt domestic manufacturing. Enphase makes inverters, a crucial component that converts solar energy harvested by panels into electricity that's usable in homes and in the power grid. Republicans appear less opposed to the wind and solar tax credits, Marcus said.

Persons: Biden, Trump's, Mark Widmar, Widmar, we've, who's, Badri Kothandaraman, Kothandaraman, Trump, Enphase, Tobin Marcus, Marcus, Wolfe, Dan Shugar, Shugar, John Berger, Berger Organizations: Republican, Financial Times, Republicans, House, First, CNBC, GOP, Center, American Progress, Wolfe Research, Senate, Trump, Investors, Detroit autoworkers, Department of Energy Locations: U.S, Arizona, Ohio, Louisiana, Alabama, Puerto Rico, Columbia , South Carolina, Arlington , Texas, Houston

☆ The Tesla shareholder who denied Musk his $55 billion payday is a former heavy metal drummer
▼ + stars: | 2024-02-02 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

Richard Tornetta sued Tesla in 2018 over Elon Musk's $55 billion compensation plan. The Tesla shareholder is a former heavy metal drummer for the thrash-metal band Dawn of Correction. A Judge sided with Tornetta and struck down the pay package, calling it unfair to shareholders. AdvertisementThe Tesla shareholder who won a dramatic legal victory that denied Elon Musk his $55 billion compensation package used to be a heavy metal drummer. The EV maker will need to develop a new compensation plan for Musk, although it can appeal.

Persons: Richard Tornetta, Tesla, —, Elon Musk, of, Musk, Tornetta, Kimbal Organizations: Elon Musk's, Service, YouTube, Reuters, Business Locations: Delaware, Texas

☆ People are leaving Texas over rising costs, partisan politics, and a sense of disenchantment
▼ + stars: | 2023-11-26 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +6 min

Business Insider wants to hear from you. Over 494,000 people left Texas between 2021 and 2022 (though the state gained a net population of 174,261.) "The property tax percentage rate is higher," Marie Bailey, a Texas-based realtor who moved from El Segundo, California, to Prosper, Texas, in 2017, previously told Business Insider. AdvertisementFor Texans, "the Midwest has emerged as popular recently because it is just by and large the most affordable region," Hannah Jones, Realtor.com's economic research analyst, told Business Insider in October. Burse told Business Insider in September that it played a crucial role in her decision to relocate to Texas in 2021.

Persons: —, I'm, I've, we've, Marie Bailey, Hannah Jones, they've, Jackie Burse, Burse, Bob McCranie, McCranie, Texas hasn't, Nick Thomas, he's, Thomas, Jules Rogers, hadn't, Rogers Organizations: Texas, Business, Service, Lone Star, Lone, Lone Star State, KXAN News, Austin Locations: Texas, Knoxville, Realtor.com, El Segundo , California, Prosper , Texas, Marie Bailey As Texas, California, Dallas, New York, Florida, Florida and Texas, Austin, Los Angeles, San Francisco, Portland , Oregon, Houston, Pacific, Portland

☆ 10 smaller US cities with booming tech scenes
▼ + stars: | 2023-10-30 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +2 min

Three metros in Utah are among the mid-size cities with the most advanced tech talent. From that list, it then ranked cities by their share of tech workers with at least one of the in-demand tech skills previously identified. Cities with more to offer than just a robust tech scene scored high in where advanced tech talent is concentrating. Fayetteville, Arkansas, which ranked as the mid-size city with the second-highest concentration of advanced tech talent, has attracted tech workers seeking a more laid-back lifestyle than larger cities with a high concentration of tech talent, like Austin, Texas . Here are the top 10 mid-size cities ranked by their concentration of advanced tech workers, according to the Burning Glass Institute.

Persons: —, San, Matt Sigelman, Ann Organizations: Service, Burning Glass, Street Journal, Glass Institute, Journal . Tech Locations: Fayetteville , Arkansas, Rochester , New York, Utah, San Francisco, Seattle, Provo , Utah, Ann Arbor , Michigan, Boise City , Idaho, Salt Lake City , Utah, Austin , Texas

☆ Nobody wants to leave Texas. It's fueling an economic boom.
▼ + stars: | 2023-09-13 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +4 min

The state's population growth has helped its economy thrive. Plenty of Americans have moved to Texas in recent years, but the state's population growth has also been driven by another factor — native-born residents aren't leaving. It's helping fuel an economic boom at a time when many businesses are struggling to attract workers . Texas has no state income tax , and major cities like Dallas and Austin provide residents plenty of places to pursue job opportunities. But the state's population trends should position it well in the long term.

Persons: Texans aren't, Jobs, John Burns Organizations: Texans, Service, Dallas Fed, Lone Star State, John Burns Research, Consulting, Federal Reserve Locations: Wall, Silicon, Texas, California, Plenty, North Carolina, Canada, Dallas, Austin, Houston, San Antonio, Fort Worth

Search resuls for: "Texas ."

5 mentions found