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☆ Home prices are falling in parts of Florida and Texas as buyers tap out and supply outpaces demand
▼ + stars: | 2024-05-09 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Home prices are falling in parts of Florida and Texas even as they soar nationally. Sale prices only dropped in 15 of 221 metro areas last quarter, and five were in those states. High prices, steeper mortgage rates, and supply catching up with demand help explain the declines. AdvertisementHome prices are falling in parts of Florida and Texas as buyers tap out and supply catches up with demand. AdvertisementThe takeaway is that a combination of sky-high prices, steeper mortgage rates and other costs like insurance squeezing buyers' budgets, and supply catching up with demand has resulted in prices flatlining or falling in parts of Florida and Texas, bucking the national trend.

Persons: —, Fort Myers, Redfin, Coral Organizations: Service, National Association of Realtors, Fort, Fort Walton, Austin, Rock, NAR, Panama City, Homeowners, Federal Locations: Florida, Texas, Panama City, Crestview, Fort, San Antonio, New Braunfels, Lac , Wisconsin, Illinois, Kankakee, Rockford, Champaign, Urbana, Austin, Panama

☆ Tesla cutting around 2,700 jobs in Austin as part of broad restructuring
▼ + stars: | 2024-04-23 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +2 min

Tesla is eliminating around 12% of its workforce at a factory in Austin, Texas, as part of a broader restructuring the company announced last week. In 2021, Tesla CEO Elon Musk moved the company's corporate headquarters to Austin from Palo Alto, California. Tesla officially opened its Texas EV and battery factory in April 2022, with a "cyber rodeo" party. Musk later called the Austin factory, and another assembly plant in Germany, "gigantic money furnaces," in an interview with Tesla Owners Silicon Valley, a fan club that promotes Tesla vehicles. Executives are expected to discuss the restructuring on the company's quarterly earnings call at 5:30 p.m.

Persons: Tesla, Elon Musk, Musk Organizations: Tesla, Texas EV, Austin, Texas Department Locations: Austin , Texas, Travis County, Austin, Palo Alto , California, New York, Buffalo, Texas, Germany

“This is the United States of America, and it is past time, in my opinion, that we start acting like it,” Ms. Britt said. “President Biden’s border policies are a disgrace.”As a rhetorical device, it would be hard conjure up a more powerful and resonant example. In a video released shortly after that trip, Ms. Britt discussed Ms. Jacinto’s experiences. “I thought it was very strange.”She said she preferred to keep politics out of the question of human trafficking. “The work I do is not a game.”A spokesman for Ms. Britt, Sean Ross, stood behind her speech.

Persons: Katie Britt, Donald J, Britt, Ms, George W, Bush, Biden, Biden didn’t, ”, “, Karla Jacinto Romero, Jacinto, Jonathan Katz, Sean Ross, Mr, Ross, Andrew Bates, Britt’s, Marsha Blackburn, Rosi Orozco, Blackburn, Karla, ” Andy McCullough, that’s, Pope Francis, Chris Smith of, McCullough Organizations: Republican, White, Times, Biden, U.S, Vatican Locations: Alabama, Montgomery , Ala, Biden’s, United States of America, Mexican, United States, Texas, Mexico, TikTok, U.S, Latin America, Eagle Pass , Texas, Tennessee, Chris Smith of New Jersey

☆ Texas secessionists are becoming more fervent than ever. But experts say it would mess up its thriving economy.
▼ + stars: | 2024-02-25 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +9 min

Daniel Miller, a sixth-generation Texan, is the de facto face of the modern Texas Nationalist Movement, nicknamed "Texit." But they get a lot of it back: federal dollars account for one-third of the Texas state budget, according to the budget and policy nonprofit Every Texan. "And I think the romance of some general notion of Texas independence wears off pretty fast if people were to start considering it seriously." A Just Russia Party Supports Independent Texas Republic"If necessary, we are ready to help with the independence referendum. The first step for Texas to become independent, the secessionists say, would be a statewide referendum.

Persons: —, Daniel Miller, Miller, Walter Buenger, Eva DeLuna, Noah Sheidlower, Buenger, SCOTUS, James Henson, Dmitry Medvedev, Sergei Mironov, XNlDlW2RmI, James Porrazzo, Henson, there's, Andres Leighton, Greg Abbott's Organizations: Service, Texas Nationalist, Texans, Business, University of Texas, Democrat, Texas, Texas GOP, Critics, White, Union, Texas Politics, Wired, Russia Party Supports Independent, Texas People's, Lone, Texas National Guard, Texas Gov, Texas Legislature, Redfield, Wilton Locations: Texas, Austin, California, La Marque , Texas, , Texas, Russian, Republic, Texas People's Republic, Russia, Mexico, Civil, El Paso , Texas, United States

☆ We moved from California to Texas and back to California after 4 years. Now we live in a mobile home park by the beach.
▼ + stars: | 2023-11-22 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +7 min

Dan Otis and Mary Collins moved from California to Texas in 2018 to be closer to family. Otis and Collins moved back to California after four years in Texas and now live in Santa Cruz, California. After four years in Texas, the couple moved back to California and now live in Santa Cruz. Mary moved to California when she was 20, so she's been a Californian longer than a New Yorker. Courtesy of Dan Otis and Mary CollinsBoth California and Texas have their pros and cons.

Persons: Dan Otis, Mary Collins, Otis, Collins, —, Dan, Mary, she's, Mary Collins Dan, Ted Cruz, I'm, it's, We've, we've, It's Organizations: Service, Democratic, Google Locations: California, Texas, Santa Cruz , California, Coarsegold , California, Rosenberg , Texas, Santa Cruz, Bay, Queens, New Yorker, Carmel , California, Lake Tahoe, Coarsegold, Houston, In Texas, Boston, New Mexico, Reno , Nevada, Nevada, Reno, Mary, Mary Collins Both California

☆ At their annual mega-party, real estate agents on edge over the potential erosion of their commissions
▼ + stars: | 2023-11-16 | by ( Anna Bahney | Samantha Delouya | ) edition.cnn.com time to read: +10 min

Courtesy National Association of RealtorsKasper echoed those sentiments in a keynote address to agents at the convention on Tuesday, telling agents: “We will continue to listen closely to your feedback. Real estate agents generate about $100 billion in commissions a year, according to the Department of Justice. And about half of that, plaintiffs in the recent case argue, goes to buyers’ agents. Visitors at the National Association of Realtors convention on November 14 in Anaheim, California. She said that buyers’ agreements may have to have wording that says that if a seller doesn’t agree to pay the buyer’s agent commission, the buyer is on the hook for that money.

Persons: Keller Williams, Tracy Kasper, Berkshire Hathaway, Silverhawk, ”, ” Tracy Kasper, National Association of Realtors Kasper, Renée Roqué, Alexis McGee, “, Liu Guanguan, John Natale, Natale isn’t, Lynn Madison, Madison, Chuck Simons, “ It’s, Matt Troiani, Troiani, it’s, ” Troiani, ” ‘, Jim Flanagan, Flanagan, isn’t, Nate Johnson, haven’t, Johnson Organizations: California CNN, National Association of Realtors, NAR, of Justice, NXT, Department of Justice, China News Service, Social Media, Realtors, Coldwell, RedKey Realty Locations: Anaheim, California, Missouri, America, Texas, Berkshire, Boise , Idaho, Stevenson Ranch , California, San Mateo County , California, New Jersey, Anaheim , California, Illinois, Valencia , California, Ocean County , New Jersey, Flanagan’s, St, Louis , Missouri

☆ Trump is wooing oil and gas tycoons to financially support his 2024 campaign, report says
▼ + stars: | 2023-11-11 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

Former President Trump is working to ramp up his support among energy executives, WaPo reported. Support from oil and gas executives would be crucial to his 2024 reelection campaign. Harold Hamm, the billionaire founder and chairman of Continental Resources, for instance, told Trump during a phone conversation earlier this year that he should end his presidential bid, per The Financial Times. "Trump was good on energy, and I think energy policy under Trump would be fine," Eberhart, the DeSantis supporter, told The Post. AdvertisementAdvertisementThe extent of Trump's pitches to energy executives is not a shock to environmental groups, as they battled with the administration over regulations throughout his entire time in the White House.

Persons: Trump, WaPo, —, Donald Trump, Joe Biden, Harold Hamm, Hamm, Ron DeSantis, Nikki Haley, Dan Eberhart, DeSantis, Kenny Troutt, Rick Bowmer, Barack Obama, Biden, bonafides, Tiernan Sittenfeld, Steven Cheung Organizations: Service, The Washington Post, Trump, Continental Resources, Gov, Post, White, Canary LLC, AP, Keystone XL, Wildlife, Green New, League of Conservation Voters, Big Locations: Trump, Florida, South Carolina, Trump's, Lago, Texas, Helper , Utah, Paris, Alaska, United States, ANWR

☆ Ilia Malinin breaks 300-point barrier with personal best score to retain Skate America title
▼ + stars: | 2023-10-22 | by ( Aimee Lewis | ) edition.cnn.com time to read: +1 min

CNN —Figure skating phenomenon Ilia Malinin defended his title at Skate America on Saturday with a personal-best score of 310.47 points in the season-opening Grand Prix. Performing his free skate to the title music of the hit TV show “Succession,” Malinin landed four quad jumps. Malinin competes in the men's free program at Texas Events Center. Chris Jones/USA Today Sports/ReutersHis score was better than his previous best overall score of 288.44, achieved at the World Championships this year where he won bronze. “I wasn’t expecting to skate this well, especially with the pressure that I was facing.

Persons: Ilia Malinin, ” Malinin, Malinin, Chris Jones, Kevin Aymoz, Japan’s Shun Sato Organizations: CNN, Skate America, Credit Union of Texas, Texas Events, USA, Sports Locations: Allen , Texas

American figure skater Ilia Malinin began his Grand Prix season in a familiar place. I was not expecting that,” said Malinin, who won both of his Grand Prix assignments in his senior debut last season. The competition resumes Saturday with the men's and pairs free skates, the rhythm dance and the women's short program. Then came the quad lutz, the second-hardest jump behind the quad axel, and Malinin combined it with a triple toe loop to drive up his score. His triple axel looked easy given he is perfectly capable of doing a quad.

Persons: Ilia Malinin, Malinin, Kevin Aymoz, Shun Sato, ”, Annika Hocke, Robert Kunkel, Lia Pereira, Trennt Michaud, Ernesto Lecuona, axel, “, ” Malinin, Pereira, Michaud, Chelsea Liu, Balasz Nagy, Isabelle Martins, Ryan Bedard, Hocke, —, we’re Organizations: Skate America, Credit Union of Texas, Trennt Michaud of Canada, lutz, Shanghai Trophy, Paris Locations: Fairfax , Virginia, Allen , Texas, France, Japan, Germany, Cuban, paris

ARLINGTON, Texas (AP) — The streaky Texas Rangers are suddenly headed the wrong way again. The Rangers won the first two in Houston and matched the Astros' 7-0 start in the playoffs last year, when Houston won its second championship. That up-and-down stretch began with Houston sweeping Texas at Globe Life Field, hitting 16 homers while outscoring the Rangers 39-10. Texas played six of its first seven games on the road this postseason, winning twice in Tampa Bay, Baltimore and Houston. Houston has never rallied from a 2-0 deficit, and will have Justin Verlander on the mound for the final game of the series in Arlington.

Persons: Andrew Heaney, Corey Seager's, José Abreu's, Houston, Justin Verlander, It's, Jordan Montgomery, ___ Organizations: streaky Texas Rangers, Houston Astros, Texas, Astros, Life, instate AL West, The Rangers, Houston, Rangers, Globe Life Locations: ARLINGTON , Texas, Texas, Houston, Tampa Bay , Baltimore, Arlington

☆ Texas power use hits new high again amid heat wave
▼ + stars: | 2023-08-07 | by ( ) www.reuters.com time to read: +1 min

A general view of electric lines as demand for power surges during a period of hot weather in Houston, Texas, U.S. June 27, 2023. REUTERS/Callaghan O’Hare/File PhotoAug 7 (Reuters) - Demand for power in Texas hit a record high on Monday for the eighth time this summer as homes and businesses kept air conditioners cranked up to escape a lingering heat wave. The Electric Reliability Council of Texas (ERCOT), which operates the grid for more than 26 million customers representing about 90% of the state's power load, said it has enough resources available to meet soaring demand. After setting 11 new highs for demand last summer, ERCOT said usage hit a preliminary 83,854 megawatts (MW), which topped the most recent record high of 83,593 MW on Aug. 1. Rising economic and population growth have boosted electricity use in Sun Belt states such as Texas even though overall U.S. power demand is projected to ease in 2023 after hitting a record high in 2022.

Persons: Callaghan, ERCOT, Ashitha, Jacqueline Wong Organizations: REUTERS, Reliability, of Texas, Sun, Thomson Locations: Houston , Texas, U.S, Texas, Bengaluru

☆ DeSantis details hardline border plan, looking to compete with Trump
▼ + stars: | 2023-06-26 | by ( James Oliphant | ) www.reuters.com time to read: +4 min

National opinion polls show DeSantis trailing Trump by more than 20 percentage points. After touting his record as Florida governor for weeks on the campaign trail, DeSantis is slowly rolling out national policy programs. As part of his border plan, DeSantis would end so-called “catch and release” and would detain migrants crossing the border until their hearing dates; deny entry to any migrant at the border claiming political asylum; and tax remittances from migrants living in the country illegally to pay for the construction of a border wall. Trump has also pledged to end birthright citizenship and to continue the hardline immigration policies he instituted as president. While president in 2018, Trump said he planned to issue an executive order to limit birthright citizenship, but never followed through.

Persons: Ron DeSantis, Donald Trump, DeSantis, ” DeSantis, “, Trump, ”, Ammar Moussa, Joe Biden's, James Oliphant, Colleen Jenkins, Mark Heinrich Our Organizations: U.S, Trump, House, Energy, Democratic National Committee, Supreme, Democratic, Thomson Locations: Florida, Mexico, Eagle Pass , Texas, Rio Grande, DeSantis ’, Trump, United States, Texas, California, Massachusetts

☆ A flight attendant accidentally activated an emergency slide just before takeoff, delaying departure by 6 hours
▼ + stars: | 2023-06-16 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

A British Airways flight was delayed for hours after its emergency slide was accidentally inflated. The Sun reported that it was deployed by a flight attendant on her first trip on an Airbus A350. A similar incident affected another British Airways plane at Heathrow in January. A British Airways cabin crew member accidentally activated an emergency slide as the plane was heading for the runway, delaying passengers for hours. It's the second such incident affecting British Airways this year.

Persons: It's, British Airways repesentative Organizations: British Airways, Sun, Airbus, Morning, The, Boeing, Heathrow, Evening Locations: Heathrow, London, Austin , Texas, Lagos, Nigeria

☆ An Auction of Prosthetics, Mermaids and Creepy Dolls to Benefit Sea Turtles
▼ + stars: | 2023-05-20 | by ( Remy Tumin | ) www.nytimes.com time to read: 1 min

When Jace Tunnell spotted what appeared to be a leg on the Gulf of Mexico shoreline in Texas, he thought that his greatest fear — a body washing up on the beach — was coming true. It’s happening,’” said Mr. Tunnell, who is director of the Mission-Aransas National Estuarine Research Reserve in Port Aransas, Texas. The leg, after all, was wearing pants. But when Mr. Tunnell went to lift it up, the leg turned out to be a prosthetic, one of the many items of flotsam and jetsam that come ashore along the Texas coastline each year. The prosthetic leg will be up for auction on Saturday, along with other curious pieces salvaged from among the more than 500 tons of marine debris that, according to the reserve, wash up on the beaches of Texas every year.

☆ Elon Musk teases a Tesla Cybertruck tool rack with futuristic shovels
▼ + stars: | 2023-05-10 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Tesla teased a potential new Cybertruck accessory at an event for its lithium refinery on Monday. Elon Musk drove into the ceremony in a Cybertruck that was outfitted with a black rack. Elon Musk on Monday teased what appeared to be a tool rack for Tesla's highly anticipated Cybertruck. Musk drove a Cybertruck outfitted with the black rack into a ceremony for Tesla's new lithium refinery in Texas. Attendees at the Tesla event used shovels similar to those featured on the Cybertruck to break ground on the site of the refinery.

☆ A man in Texas suing his ex-wife's friends for helping her get an abortion is the latest scare-tactic in the anti-abortion movement, experts say
▼ + stars: | 2023-03-16 | by ( Katherine Tangalakis-Lippert | Kelsey Vlamis | ) www.businessinsider.com time to read: +7 min

A man is suing his ex-wife's friends for $3 million, saying they helped her get an abortion. The lawsuit included texts in which the women discussed abortion pills, which are banned in Texas. "Delete all conversations from today," another one of the women said after some discussion about finding and taking abortion medication. The lawsuit is the latest in a number of conservative efforts to target abortion pills, including in Texas. "That includes CVS and Walgreens if their abortion pills find their way into our state."

☆ Why South Texas Hispanics Are Going GOP
▼ + stars: | 2023-02-24 | by ( Karl Rove | ) www.wsj.com time to read: 1 min

For decades, Texas Republicans have worked to improve their party’s standing in South Texas, a heavily Hispanic region where voters—despite being religious, patriotic, entrepreneurial and pro-family—routinely come out by big margins for Democrats. The GOP theory is that every additional Republican vote there is worth two because it takes away a reliably Democratic one. Though the GOP has been generally satisfied with its labors, the party has often remained deeply underwater in South Texas even when it has swept the state. Now that’s changing and in no small part thanks to Democratic policies, particularly on the border, economy and energy.

They were joined by the parent of a student who died in the 2018 shooting at Santa Fe, Texas, high school. Duran's sister, Irma Garcia, was one of the two teachers and 19 killed in the May 4, 2022 shooting in Uvalde. The Uvalde massacre was the deadliest school shooting in Texas history and one of the deadliest in the country. Eric Gay / APThe sorrow of the losses for the Uvalde families were visible in tears, sniffles and anger, as some of the family members made statements at the conference in Austin, which was livestreamed. It has to be the session where we do something on gun safety,” Gutierrez said.

☆ Texas Governor Abbott endangered lives with Christmas Eve migrant drop -White House
▼ + stars: | 2022-12-26 | by ( Nandita Bose | ) www.reuters.com time to read: +2 min

WASHINGTON, Dec 26 (Reuters) - The White House on Monday accused Texas Governor Greg Abbott of endangering lives after busloads of migrants from the southwest border in Texas were dropped near Vice President Kamala Harris' home in Washington, D.C., on a cold Christmas Eve. "Governor Abbott abandoned children on the side of the road in below freezing temperatures on Christmas Eve without coordinating with any Federal or local authorities," White House spokesman Abdullah Hasan said in a statement. The Republican Abbott, a vocal critic of Biden administration immigration policies, has not acknowledged the Christmas Eve drop and his office has not claimed responsibility. Abbott has said previously his state was purposefully busing migrants to sanctuary cities, where law enforcement is discouraged from deporting immigrants. Hasan said the Biden administration was willing to work with Democrats and Republicans on solutions to the migrant issue.

☆ A teen and his mom are starting over in another state after attacks on trans care
▼ + stars: | 2022-11-23 | by ( Jo Yurcaba | Jo Yurcaba Is A Reporter For Nbc Out. | ) www.nbcnews.com time to read: +10 min

The department began opening investigations into families days later, but Laird told NBC News in March that she didn’t have plans to move. The family’s story reveals part of the impact Abbott’s directive is having on the families of trans youths in Texas. They left out of fear that Noah would lose the care recommended by his medical team, but also because the state was becoming increasingly hostile for trans people, Laird said. He added that Laird and Noah are far from the only ones who have left the state — he knows of several. At least three other families with trans kids have also said in interviews that they have moved.

☆ Trump asked British Prime Minister Theresa May to 'imagine if some animals with tattoos raped your daughter' in conversation about abortion: book
▼ + stars: | 2022-09-28 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +2 min

A new book from Maggie Haberman details Trump's first meeting with UK Prime Minister Theresa May. He reportedly brought up abortion, saying "imagine if some animals with tattoos raped your daughter." The graphic statement suggests a private sympathy with abortion rights, despite his record. "Imagine if some animals with tattoos raped your daughter and she got pregnant?" As president, Trump often sought to satisfy his evangelical base, most of whom are strongly opposed to abortion rights.

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