AGP Executive Report
Last update: 4 hours agoBusiness Spending: Texas sales-tax revenue rose 11.5% in September, a sign of stronger business activity. Banking: Houston-based Third Coast Bancshares agreed to buy Oklahoma’s Great Plains Bancshares for about $240 million in stock. The deal would create a $9 billion bank with 43 branches and deepen its reach in Texas and Oklahoma. Power and Data Centers: A Texas Energy Fund loan will support a 450-megawatt natural-gas plant in Reeves County, expected to start supplying the grid in 2027. Separately, a planned 1.5-million-square-foot West Texas data center adds to a regional AI investment push valued at $12 billion. Workforce: Rio Grande Valley builders say tougher immigration enforcement is worsening labor shortages, slowing construction and hurting local businesses.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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