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For Edna, Texas, Walmart Leaving Is A Turning Point

Jul 22, 2018

From Texas Standard:

In big cities, businesses open and close all the time – usually with little fanfare. But when a retailer leaves a small town, it’s big news. Small town economies are fragile, and even one business packing its bags could spell major problems for locals. And that’s exactly what’s happening in Edna, Texas.

From Texas Standard.

The International Energy Agency announced earlier this year that U.S. oil production will rise above Russia’s, making the nation the world’s top oil producer by 2023. But last week, the CEO of Pioneer Natural Resources set a much shorter timeline – the U.S. is now poised to become the world’s top oil producer as early as this fall.

From Texas Standard.

A year ago Saturday, Amazon announced it was buying Whole Foods, prompting a flurry of questions about what it meant for the country’s biggest online retailer to get involved in the grocery business. Since then, the industry has started exploring ecommerce, but Amazon has been moving cautiously.

From Texas Standard:

We’ve been hearing the word tariffs an awful lot recently, But the conversation about whether and how much started back in March when President Donald Trump announced new duties on steel and aluminum imports – at that time he granted exemptions to some major trading partners, including Canada, Mexico and the European Union, or EU. But late this week, the Trump administration said those countries will face steel and aluminum tariffs of up to 25 percent, in order to protect American national security interests.

From Texas Standard.

Construction is a booming business in Texas. The latest numbers from 2016 show it’s a $75 billion industry in the state. There’s more demand for construction workers than there are people willing to do the jobs, and that means it’s gotten hard for contractors like Denis Phocas to hold onto qualified workers.

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