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Glasstire News - July 15, 2018

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Houston PE firm fined $500,000 for ‘pay-to-play’ contributions to Texas political candidates, others

Houston-based EnCap Investments LP will pay a fine for allegedly violating rules relating to donations to political campaigns and investment activities with public entities.  The oil and gas private…
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Energy hardware CEO: 'We’re definitely diversifying into other business lines'

The company is looking at potentially manufacturing some of the products it sells.
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Houston Chronicle, ProPublica sued by heart surgeon

A renowned heart surgeon at Baylor St. Luke's Medical Center and the Texas Heart Institute has sued the Houston Chronicle and ProPublica over recent stories. Dr. O. Howard “Bud” Frazier, co-director…
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NASA names new flight directors to lead Mission Control in Houston

The National Aeronautics and Space Administration has tapped six people for its 2018 class of flight directors at Mission Control in Houston at the Johnson Space Center, according to a July 10 statem…
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Photos: See the 10 most expensive homes sold in Houston in June 2018

June was a hot month for Houston’s luxury home market. After months of flat and sluggish sales, the segment of homes priced at and above $750,000 recorded an 18 percent year-over-year increase. Help…
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HBJ reveals Houston’s fastest-growing private cos. for 2018

Here are the finalists for the Houston Business Journal’s 2018 Fast 100 awards, recognizing Houston-area private companies with the fastest revenue growth.  The final ranking of the Fast 100 List wi…
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Austin lands Army Futures Command, a nerve center for military branch's modernization

Austin will be home to the Army Futures Command, which will leverage “private sector innovation, cutting-edge science and technology, prototyping and demonstrations, and warfighter testing and feedba…
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New apartments coming to Houston’s Greater East End

The apartments will be about two miles from the Ship Channel and four miles from the University of Houston.
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Exclusive: Exxon Mobil buys nearly 100 acres in Baytown

The deal closed in early June.
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Paddling With Your Kids How To Get Started

Whether you head out for a day across the bay or a jaunt into the wilds for a week-long adventure, paddling is one of the best outdoor activities you can do with your kids. Add water to your children…
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Deal of the Week: ConocoPhillips, BP trade stakes in North Sea, Alaska assets

“These transactions are significant for ConocoPhillips because they continue our strategy of coring up our legacy asset base in Alaska, while retaining an interest in the Clair Field in the U.K.”…
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Wide spread: How new developments push the limits of Houston's suburban sprawl

Between 2010 and 2017, Fulshear's population grew by 759 percent, while Manvel grew by 93 percent. Meanwhile, Houston grew by 10.4 percent, according to data from the U.S. Census Bureau.
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Longtime Houston restaurateur steps aside to let his kids step up

“Neither of my kids would have told you at 20 that they wanted to be in the restaurant business. What we realized is that they like this business and by gosh, they are good at it.”
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50 top-selling master-planned communities nationwide include 11 in Houston

Among the 50 top-selling master-planned communities nationwide in 2018, 11 are in the Houston area. That’s more than any other metro area on RCLCO Real Estate Advisors’ midyear update. The report ci…
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