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KPRC 2 News at 10 p.m.

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KPRC 2 News at 10 p.m.

10 warnings in effect for 10 counties in the area

BUSINESS


33 minutes ago

Taxes slow India's solar power rollout but boost manufacture

Solar developers in India fear that a tax meant to encourage Indian manufacture of solar components will slow down the installation of solar power this year.

6 hours ago

Source: Dutch, Japanese join US limits on chip tech to China

Japan and the Netherlands have agreed to a deal with the U.S. to restrict China's access to materials used to make advanced semiconductors.

10 hours ago

Elon Musk's mysterious ways on display in Tesla tweet trial

Elon Muskโ€™s enigmatic personality and unconventional tactics are emerging as key exhibits in a trial revolving around one of his most polarizing pursuits โ€” tweeting.

11 hours ago

Biden, McCarthy to discuss debt limit in talks on Wednesday

House Speaker Kevin McCarthy says he's looking forward to discussing with President Joe Biden a โ€œreasonable and responsible way that we can lift the debt ceilingโ€ when the two meet Wednesday at the White House.

16 hours ago

France must raise pension age to 64, prime minister says

Franceโ€™s prime minister says that the governmentโ€™s plan to raise the retirement age from 62 to 64 is โ€œno longer negotiable."

1 day ago

TV anchors T.J. Holmes, Amy Robach leave ABC amid romance

T.

1 day ago

FTX's Sam Bankman-Fried, DOJ tussle over his communications

Federal prosecutors are trying to prohibit FTX founder Sam Bankman-Fried from privately contacting current and former employees of the bankrupt cryptocurrency exchange to prevent potential witness tampering in a criminal case accusing him of bilking investors and customers.

1 day ago

Challenge for Tunisian democracy: Getting voters to show up

Tunisia was once the Arab worldโ€™s hope for a new era of democracy.

1 day ago

Flights canceled as UK airline Flybe sinks into bankruptcy

Struggling U.K. airline Flybe has collapsed for the second time in less than three years.

2 days ago

Japan launches whale meat vending machines to promote sales

A Japanese whaling operator, after struggling for years to promote its controversial products, has found a new way to cultivate clientele: whale meat vending machines.

2 days ago

Oregon pins hopes on mass timber to boost housing, jobs

In Oregon, mass timber is increasingly being viewed as a construction material that could help the state build more affordable homes and revive rural logging towns.

2 days ago

Wyoming crypto bank's Federal Reserve application denied

The Federal Reserve Board has denied a Wyoming cryptocurrency bankโ€™s application for Federal Reserve System membership.

2 days ago

Amazon axes free grocery delivery on Prime orders under $150

Amazon is axing free grocery delivery for Prime members on orders less than $150.

2 days ago

Fitch ups Greece's rating to a notch below investment grade

Credit ratings agency Fitch has raised Greeceโ€™s credit rating to one notch below investment grade.

2 days ago

Usain Bolt fires business manager over Jamaica fraud case

Jamaican sprinter Usain Bolt tells reporters he is baffled over how $12.7 million of his money has gone missing from a local private investment firm that authorities are investigating as part of a massive fraud.

2 days ago

Musk, top Biden aides meet in Washington, talk electric cars

Tesla CEO Elon Musk and top aides to President Joe Biden have met in Washington to discuss electric vehicles.

2 days ago

Third Trader Joe's store votes to unionize

A Trader Joeโ€™s store in Louisville, Kentucky, has voted to unionize.

2 days ago

Lots of sound and fury on US debt, but not a crisis โ€” yet

For all the sound and fury about raising the nation's debt limit, most economists say federal borrowing is not at a crisis point.

2 days ago

Filipino workers: Oil company abandoned us in Hurricane Ida

Ten Filipino men who worked for a major offshore oil industry employer under federally granted visas claim in a federal lawsuit they were treated like prisoners at a company bunkhouse and that some of them were abandoned there when Hurricane Ida struck the Louisiana Gulf Coast in August 2021.

2 days ago

US inflation and consumer spending cooled in December

The Federal Reserveโ€™s preferred inflation gauge eased further in December, and consumer spending fell โ€” the latest evidence that the Fedโ€™s series of interest rate hikes are slowing the economy.

2 days ago

Norway's last Arctic miners struggle with coal mine's end

For more than 100 years, people came to the remote Arctic archipelago of Svalbard to work in coal mines.

2 days ago

AmEx profits fall 9% as customers fall behind on payments

American Express saw its fourth-quarter profits fall by 9%, as the credit card giant had to set aside significantly more money to cover potentially bad loans.

2 days ago

UK Treasury chief: Tax cuts must wait for inflation to fall

Britainโ€™s Treasury chief says taming inflation is more important than cutting taxes.

2 days ago

Adani mulls suing US short-seller as shares sink up to 20%

Shares in Indiaโ€™s Adani Group have plunged up to 20% and the company said it was considering legal action against U.S.-based short-selling firm Hindenburg Research for allegations of stock market manipulation and accounting fraud that led investors to dump its stocks.

2 days ago

Wall Street adds more to its big January after strong week

Stocks closed higher on Wall Street, marking the market's third winning week in the last four.

2 days ago

5 women, immense power: Can they keep US from fiscal brink?

Itโ€™s the first time in history that the four leaders of the two congressional spending committees are women.

2 days ago

House GOP seeks new restrictions on use of US oil stockpile

For the second time this month, House Republicans have advanced a measure to restrict presidential use of the nationโ€™s emergency oil stockpile โ€” a proposal that has already drawn a White House veto threat.

2 days ago

US company gets $120 million boost to make 'green steel'

The manufacture of โ€œgreen steelโ€ moved a step closer Friday as Massachusetts-based Boston Metal announced a $120 million investment to help it produce steel that is far less damaging to the climate than traditional steel.

3 days ago

Lawsuit: Vegas Strip resorts used vendor to fix hotel rates

A federal lawsuit is seeking class-action damages for countless hotel patrons who booked rooms in Las Vegas since 2019.

3 days ago

Toymaker Hasbro laying off 1,000 to cut costs

Toymaker Hasbro is cutting about 1,000 jobs as part of moves announced last year to save up to $300 million annually by 2025.

3 days ago

FDA's advisers back plan to simplify COVID-19 vaccinations

The U.S. is poised to make COVID-19 vaccinations more like a yearly flu shot.

3 days ago

US sweetens pot to study siting for spent nuke fuel storage

The U.S. government is offering more money to find a solution for storing or disposing of spent nuclear fuel from the nation's commercial nuclear power plants.

3 days ago

Bed Bath & Beyond says it's in default on its loans

Bed Bath & Beyond says itโ€™s in default on its loans and doesnโ€™t have sufficient funds to repay what it owes.

3 days ago

Chipotle looks to hire 15,000 amid continuing labor shortage

Restaurants are beginning the new year with a recurring problem: labor shortages.

3 days ago

Climate groups decry selection of oil chief to oversee COP28

Hundreds of climate and environmental groups from around the world released a letter Thursday that decried the nomination of an oil executive to oversee the United Nations climate negotiations at COP28.

3 days ago

Town where child cancer rose blasts deal over polluted site

A proposed settlement between New Jersey and the current owner of a notoriously polluted industrial site is drawing fire from residents of Toms River, where memories of children getting cancer at elevated rates are still a fresh source of pain.

3 days ago

HarperCollins, striking workers agree to federal mediation

HarperCollins Publishers and the union representing some 250 striking employees have agreed to enter into federal mediation, the first sign of a possible settlement since the work stoppage began in early November.

3 days ago

Grand jury probes faulty Goodyear recreational vehicle tires

A federal grand jury in Los Angeles is gathering evidence in a criminal investigation of Goodyear recreational vehicle tires that the government blames for crashes that killed eight people.

3 days ago

Average long-term mortgage rate at lowest level in 4 months

The average long-term U.S. mortgage rate fell to its lowest level in more than four months, giving some relief to homebuyers faced with higher prices for just about everything, including homes.

3 days ago

Major funders call for increased support of Black feminists

The need to increase funding for Black feminist organizations is urgent, according to an open letter from some of philanthropyโ€™s most influential organizations โ€“ including Melinda Gatesโ€™ Pivotal Ventures, Rihannaโ€™s Clara Lionel Foundation, as well as the Ford Foundation and MacArthur Foundation โ€“ released Thursday.

3 days ago

US infiltrates big ransomware gang: 'We hacked the hackers'

Attorney General Merrick Garland and other U.S. officials say the FBI and international partners have at least temporarily disrupted the network of a prolific ransomware gang they infiltrated last year.

3 days ago

Eva Green, producers battle in UK court over collapsed film

A lawyer for Eva Green alleges that producers of a collapsed film tried to damage the French actressโ€™ reputation by depicting her as a โ€œdiva.โ€.

3 days ago

Germany apologizes for leopard jibe that upset some Africans

Germany has apologized for using a leopard emoji in a jibe at Russian Foreign Minister Sergey Lavrov on Twitter that ended up offending some Africans.

3 days ago

EXPLAINER: How will we know if the U.S. is in recession?

A second consecutive quarter of economic growth underscored Thursday that the nation isnโ€™t in a recession despite high inflation and the Federal Reserveโ€™s fastest pace of interest rate hikes in four decades.

3 days ago

How will we know if the US economy is in a recession?

The second consecutive quarter of economic growth that the government reported Thursday underscored that the nation isnโ€™t in a recession despite high inflation and the Federal Reserveโ€™s aggressive interest rate hikes.

3 days ago

Fewer Americans file for jobless claims last week

Fewer Americans filed for unemployment benefits last week as the labor market remains tight, even as the Federal Reserve has tried to cool the economy and inflation by raising interest rates.

3 days ago

Couture season ends with disco, celebrity, classic glamour

The experimentalism and audacity of 1980s club kids inspired Valentino in one of the last high-octane shows of this Paris Fashion Week couture season.

3 days ago

Tale of 2 airlines: Big profit at American, Southwest loss

American Airlines have given more proof of the recovery in air travel, posting a better-than-expected profit for the fourth quarter.

3 days ago

Yellen says Africa to shape world economy as US reengages

U.S. Treasury Secretary Janet Yellen watched Ford cars and pickup trucks being assembled at a plant in South Africa and cited it as an example of cooperation between Washington and Africa as she begins the Biden administration's big push to reengage with the continent.

3 days ago

SAP to cut up to 3,000 jobs worldwide, mulls Qualtrics sale

Germany-based software company SAP says it's cutting up to 3,000 jobs worldwide, or about 2.5% of its workforce.

Royal Mail ransomware attack leaves firms in limbo

Small businesses tell the BBC they are facing delays and losing money as overseas post is stopped.

bbc.co.uk

The Pour Haus celebrates 10 years of business in New Braunfels

The patio bar serves customers craft beer and cocktails while they enjoy live music performances in downtown New Braunfels.

communityimpact.com

Dripbar Vitamin Therapy coming soon to New Braunfels

Dripbar Vitamin Therapy offers intravenous therapy along with other services that promote health and wellness.

communityimpact.com

The little-known nut that may save at-risk rainforests

Growing sales of an Indonesian nut called kenari is helping to reduce deforestation.

bbc.co.uk

Mighty Oak BBQ expands its business in New Braunfels

The barbecue restaurant has brisket, pulled pork, sliced chicken breast and more delicious items on the menu.

communityimpact.com

Answers to Go

San Marcos Public Library[San Marcos, TX] [Hays County news] Features San Marcos News, San Marcos Record [Texas State]

sanmarcosrecord.com

Patagonia's bold move to donate the entire company to fight climate change only works if it stays competitive in business, CEO says

"What people fail to understand about Patagonia ... is that we are unapologetically a for-profit business," CEO Ryan Gellert told CNBC on Wednesday.

cnbc.com

Voss Capital backs a strategic review at Griffon, and a new opportunity to create value may emerge

The investor launched a proxy fight, won a board seat and now endorses a strategic review at Griffon. Here's what might be next.

cnbc.com

Mini Budget still planned for this month, No 10 says

A "fiscal event" to outline funding to tackle the cost-of-living crisis is still due to take place.

bbc.co.uk

Liquid Leisure Windsor water park to remain closed after girl's death

The council notice prohibits activities until the park can show risk assessments on drowning.

bbc.co.uk

House of Zana boutique owner wins trademark row with Zara

Zara had said the name of House of Zana was "one small brush mark" from being the same as theirs.

bbc.co.uk

How to prepare for a recession

The Washington Postโ€™s personal finance columnist Michelle Singletary gives seven tips to protect yourself whether a recession is coming or not.

washingtonpost.com

Morrisons rescues McColl's taking on all 16,000 staff

The supermarket chain has beaten a rival offer from EG Group which is owned by billionaire Issa brothers.

bbc.co.uk

Zara threatens legal action over Darlington boutique brand

The high street fashion giant claims Darlington-based House of Zana is "conceptually identical".

bbc.co.uk

John Lewis restores bonus as department store sales surge

The retailer is bringing back staff rewards after being forced to scrap them last year amid losses.

bbc.co.uk

What the IRS backlog means for you

The pandemic has caused a massive backlog at the IRS. The Post's Michelle Singletary explains how your taxes might be impacted this year.

washingtonpost.com

A bill in the Arizona House would punish banks that refuse business from gun firms

Bankers are resisting the bill, calling it government overreach and saying lawmakers are creating a problem with a non-issue in Arizona.

npr.org

Indian tea start-ups search for an exotic edge

Indian tea start-ups are rediscovering indigenous ingredients for teas and infusions to stay ahead.

bbc.co.uk

Behind on your taxes? Hereโ€™s how to catch up

The Postโ€™s personal finance columnist Michelle Singletary explains what to do if you havenโ€™t filed your taxes consistently.

washingtonpost.com

Taxes on PayPal, Venmo and Zelle payments: What you need to know

Using Venmo, PayPal and Cash App to accept payments for your small business? Hereโ€™s what the new tax law says.

washingtonpost.com

Nottinghamshire grandfather bags ยฃ2,700 win from 3p bet

Janus Wagonback - known as George - successfully predicted 10 draws to get the big win.

bbc.co.uk

What's one thing young professionals can do to save for their future?

Personal finance columnist Michelle Singletary explains why saving for retirement is the best way to invest in your future.

washingtonpost.com

Covid: 'Plan B was a catastrophe for our coffee shop'

End of work-from-home guidance a boost for hospitality, while nightclubs welcome scrapping of covid passes.

bbc.co.uk

Panini: The sticker firm celebrating 60 years

How the football sticker maker survived a thieving tycoon and competition from Lycra-clad wrestlers.

bbc.co.uk

Where BlackRock Sees Value in Indiaโ€™s Biggest IPO

Paytm validates a model of digitization in whichย losing on individual-transaction take rates is more than made up by gains from handling billions of them.

washingtonpost.com

Where BlackRock Sees Value in Indiaโ€™s Biggest IPO

Paytm validates a model of digitization in whichย losing on individual-transaction take rates is more than made up by gains from handling billions of them.

washingtonpost.com

TV-radio listings: Oct. 18

Television

chron.com

Labour: Has Sir Keir Starmer stood by his pledges?

As Sir Keir prepares for his first in-person conference as leader, we look at the promises he has made.

bbc.co.uk

Pimlico Plumbers sold to US firm Neighborly

The deal will see founder Charlie Mullins offload his 90% stake in the group.

bbc.co.uk

How Jana Partners could shake up telecom provider Vonage in a bid to boost value

Activist investor Jana Partners could look for different routes to improve Vonageโ€™s value.

cnbc.com

First UK LGBT business champion appointed

Iain Anderson says he will work to "build a bridge" between the government and LGBT community.

bbc.co.uk

Ask Amy: Cowboy needs to wrangle human predators

His wifeโ€™s children and grandchildren donโ€™t follow the rules of the ranch.

washingtonpost.com

East Chicago woman indicted for wire fraud in COVID aid scheme, feds say

The two counts against Natasha Weeks, 29, were filed Aug. 18 and unsealed Monday in the U.S. District Court in Hammond, according to filings.

chicagotribune.com

Miss Manners: In a traffic dispute, shaking oneโ€™s head isnโ€™t minding oneโ€™s own business

Pedestrian didnโ€™t intend to interject, but โ€œadviceโ€ was almost involuntary.

washingtonpost.com

Ask Amy: Post-divorce disclosure brings about dilemma

Ex-husband reveals that he had a son with another woman. Should reader tell her sons?

washingtonpost.com

The Amazon sellers who sold up and became millionaires

Small e-commerce entrepreneurs have thrived in lockdown - now big money wants to buy them out.

bbc.co.uk

Lady Gaga had a 'psychotic break' after sexual assault left her pregnant

The star says she had a "psychotic break" after being attacked by a male record producer.

bbc.co.uk

Texas Law Now Allows Alcohol To Go From Restaurants After Gov. Greg Abbott Signs Bill โ€“ Houston Public Media

House Bill 1024 allows beer, wine and mixed drinks to be included in pickup and delivery food orders, securing a revenue stream made available to restaurants during the pandemic when their dining areas were forced to close.

houstonpublicmedia.org

Illinois faces major challenges amid COVID fallout as Speaker Madigan struggles to hold on to power

Since no official business can be conducted by the House until a speaker is elected, a lengthy balloting process could ensue while pressing matters such as the state budget and pandemic recovery are held in abeyance. Madigan, some Democrats contend privately, is counting at the very least on attrition to eventually return him as speaker as issues mount.

chicagotribune.com

Chicago alderman who got contributions from pet store owner flips on anti-puppy mill law

โ€œI donโ€™t want to see anyone go out of business,โ€ he said. โ€œThat was never the intent. But I would rather see them go out of business than see them sell dogs unethically and defraud the public.โ€

chicagotribune.com

Lobbying in Q1 topped a record $938 million, but lobbyists say their profession is misunderstood

In the first quarter of 2020, the total amount spent on lobbying, about $938 million, reached the highest on record, according to the Center for Responsive Politics. The health sector, which spent $168 million on lobbying efforts, received $150 billion in coronavirus relief aid, according to Advisory Board. The airline industry, which spent $29 million on lobbying, received $32 billion in relief aid, according to the Peter G. Peterson Foundation, and agribusiness, which spent $38 million, received $19 billion in aid, CRP said. The lobbying industry is arguably the U.S. government's oldest profession and is protected by the First Amendment. The misconception about lobbyists is that "we walk around with bags of money and say, 'Vote our way' or 'Oppose this.'

cnbc.com

Hello and welcome: robot waiters to the rescue amid virus

They came in just ahead of that time, said Hus daughter Leah, who also works at the restaurant, the Royal Palace. Their duties will include greeting customers, serving drinks and dishes and returning used glasses and crockery. We will use them to make sure the 1.5 meters (5 feet) we need during the corona crisis sticks, Leah Hu said. We want to give them a normal name," said Leah Hu. They help us with the work we do, said Leah Hu.

Asia shares fall as US-China tensions douse rally on Wall St

Shares fell Friday in Asia after Wall Streets rally petered out amid worries about flaring U.S.-China tensions. Benchmarks declined in Hong Kong, Tokyo and Sydney but rose in Shanghai. U.S. and Chinese officials have been trading harsh rhetoric recently on everything from Hong Kong to the response to the coronavirus outbreak. Chinas National Peoples Congress on Thursday approved a national security law aimed at suppressing secessionist and subversive activity in Hong Kong, overriding any potential opposition by local lawmakers. Its like lighting a match.Hong Kong's Hang Seng index dropped 0.6% to 23,007.15 on Friday, while Japan's Nikkei 225 index fell 0.2% to 21,877.89.

White House punts economic update as election draws near

Paul Winfree, a former Trump White House director of budget policy, doubted that the holdup on the economic update was on Trump's radar. Maya MacGuineas, president of the Committee for a Responsible Federal Budget, noted that the law requires the White House to update its budget forecast. In 2017, the Trump administration criticized the Obama administration for rosy expectations of growth during the Great Recession more than a decade ago. An updated forecast in the mid-session review could make the Trump White House a similar target for criticism. This is a White House that is in denial about the trajectory of the economy.___Associated Press writers Alexandra Jaffe and Emily Swanson in Washington contributed to this report.

French carmaker Renault announces 15,000 job cuts worldwide

The headquarters of French carmaker Renault is pictured in Boulogne-Billancourt, outside Paris, Monday, May 25, 2020. French President Emmanuel Macron is set to unveil sweeping new measures to rescue France's car industry, hammered by virus lockdown and the resulting recession. (AP Photo/Christophe Ena)PARIS Struggling French carmaker Renault on Friday announced 15,000 job cuts worldwide as part of a 2 billion-euro cost-cutting plan over three years. The group is also considering adaptation of its production capacities in Russia and announced the halt of Renault-branded oil-powered car activities in China. The French government is its single biggest shareholder with a 15-percent stake, and has been in talks on a 5 billion-euro loan guarantee.

New Zealand near eradication, but virus has grim global hold

The latest job-loss figures from the U.S. Labor Department bring to 41 million the running total of Americans who have filed for unemployment benefits since the coronavirus shutdowns took hold in mid-March. In New Zealand, health authorities have not found any new virus cases for a week. That increased the overall death toll to more than 1,300 and the number of cases to over 64,000. And first-time applications for unemployment benefits have fallen for eight straight weeks, as states gradually let stores, restaurants and other businesses reopen and the auto industry starts up factories again. Worldwide, the virus has infected more than 5.8 million people and killed about 360,000, according to a tally by Johns Hopkins University.

VW spending $2.2B to expand in China's electric car market

BEIJING Volkswagen is spending 2 billion euros ($2.2 billion) to expand its presence in Chinas electric car industry in the biggest foreign investment announced since the country's economy began to reopen following the coronavirus pandemic. Volkswagen AG said Friday it will buy control of its electric vehicle venture with a Chinese partner in a 1 billion euro ($1.1 billion) deal. The ruling Communist Party scrapped limits on foreign ownership of electric vehicle makers in 2018 to promote industry development. By gaining management control, Volkswagen is paving the way for more electric models and infrastructure, the companys announcement said. GM, Nissan, BMW AG and other automakers also have joint ventures with Chinese partners to develop lower-cost electric models.

Virus taking hold in rural, old plantation region of Alabama

In this May 27, 2020, photo, health care worker Tonya Wilkes adjusts her mask while working at a Lowndes County coronavirus testing site in Hayneville, Ala. (AP Photo/Jay Reeves)HAYNEVILLE, Ala. Sparsely populated Lowndes County, deep in Alabama's old plantation country, has the sad distinction of having both the states highest rate of COVID-19 cases and its worst unemployment rate. Lowndes and nearby poor, mostly black counties in rural Alabama are facing an increase in confirmed infections. I worry about Lowndes County, said Thomas. Dr. Scott Harris, the state health officer, said the state saw its highest number of new cases since the pandemic began in recent days.

Asia Today: Duterte easing lockdown in Philippine capital

The government continues to ease the lockdown which was set to prevent the spread of the new coronavirus in the country. Duterte made the televised announcement hours after the Department of Health reported a single-day spike of 539 infections, more than 60% of them in the congested capital. The Health Ministry's new figures on Friday show India now has 165,799 cases with 4,706 deaths, which both now exceed China. The figures announced by the Korea Centers for Disease Control and Prevention brought national totals to 11,402 infections and 269 deaths. China on Friday again reported no new daily increase in cases of coronavirus and no new deaths.

GOP lawyer fights California governor on stay-at-home orders

She is one of Californias two elected members of the Republican National Committee, and shes a co-chair of Women for Trump that is part of the presidents reelection campaign. She chaired the city's Republican Party before winning election as vice chair of the state GOP in 2013. The governor's policies and the policies of counties are falling more heavily on Democrats than Republicans because there are more Democrats than Republicans in the state, Dhillon said. Dhillon represented the California Republican Party in a successful challenge last year to a law aimed at requiring Trump to release his tax returns to be on the California ballot. In fact its reinforcing the bad image of the Republican Party," he said of Dhillon's recent lawsuits.

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