Tesla’s gigafactory and Apple’s second-largest campus aren’t the only big businesses coming to Texas. From Oracle to Hewlett Packard Enterprise, Elon Musk to Joe Rogan, Texas has lured an increasing number of big businesses and billionaires away from California since the pandemic began. While California’s population and job growth both slowed to a trickle, Texas added more residents than any other state in 2020. CNBC talks to those moving and longtime Texans about the reasons behind the trend and what it could mean for the future of the Lone Star State.
Tag Archives: Analysis
Stock Market: ‘GameStop & Payment For Order Flow’
Following the GameStop trading frenzy, the SEC is expected to take a fresh look at payment for order flow, a decades-old practice that’s at the heart of how commission-free trading works. WSJ explains what it is, and why critics say it’s bad for investors. Illustration: Jacob Reynolds/WSJ
Covid-19: Inside Medicine’s Longest Year (2020 – 2021)
Covid-19: Israel’s Efforts To Vaccinate Holdouts
Israel is allowing vaccinated citizens to access gyms, restaurants and live concerts. As the country races to immunize all adults against Covid-19 and reopen fully, it is even offering free drinks and pizza to entice those who are hesitant to get the shot. Photo: Tamir Elterman
Future Shopping: Online Retail & Personal Data
The pandemic has upended the way people buy—online retail has soared as high-street shops and malls close. Brands are now racing to exploit one of the most important weapons in the battle for buyers: their customers’ data.
Read special report on the future of shopping here: https://econ.st/2Q8XQC2
Electric Cars: ‘Can Tesla Succeed In India’ (Video)
As Tesla looks to expand to new markets, rumors are circulating that India could be next. While the 5th largest auto market could be big for the ev manufacturer, it’s filled with challenges and increasing competition.
There is an electric vehicle revolution sweeping the world, but India is lagging behind. Elon Musk has said that Tesla will enter India this year, but it’s not clear if that will actually happen. On January 8th, Tesla took its first step towards launching in the country, registering Tesla Motors India and Energy Private Limited in Bengaluru.
But when Tesla does eventually come to India, it won’t be easy. The electric vehicle industry is in its infant stages there, lacking much of the infrastructure needed for widespread adoption. And the most popular vehicles are motorcycles, rickshaws and budget passenger cars. Watch the video to find out what Tesla will be up against in India.
Analysis: ‘China’s Digital Currency Concerns’ (WSJ)
As China moves closer to rolling out its new digital cash, there are concerns the government will track every transaction––not just of citizens but of foreign companies in the country. WSJ travels to Chengdu to see this money revolution in action. Photo: Lorenz Huber for The Wall Street Journal
Future Of Food: ‘Lab-Grown Meat’ (Video)
Companies around the world are beginning to commercialize “cultured” meat products, developed by growing animal cells in a lab rather than killing living creatures.
Analysis: Boeing Starliner Space Program (Video)
After years of cost overruns, errors and delays, Boeing’s space program is facing a major test: Later this year it will likely make its second attempt to launch its Starliner crew capsule to the International Space Station. WSJ looks at the company’s path to this crucial moment, and what’s riding on the test flight’s success. Illustration: Alex Kuzoian/WSJ
Space Missions: How Mars Rover Searches For Life
NASA’s Perseverance rover landed on Mars more than two weeks ago. Jennifer Trosper from NASA’s Jet Propulsion Laboratory explains how the rover will explore the Martian landscape and search for signs of life. Photo: NASA
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