"Texas is now home to more Fortune 500 companies, including Exxon Mobil, AT&T and American Airlines, than any other state," per WSJ.
"Texas is now home to more Fortune 500 companies, including Exxon Mobil, AT&T and American Airlines, than any other state"
6/6/2024
BlackRock, $BLK, and Citadel Securities fund plans to start a new national stock exchange in Texas to "take on" the New York Stock Exchange.
The Texas Stock Exchange has raised $120 million and plans to file registration documents with the US Securities and Exchange Commission, according to a LinkedIn post by James Lee, the exchange’s chief executive officer.
The TXSE, as it is known, plans to compete for primary and dual listings and aims to start in 2025 and host its first listing in 2026.
The stock exchange aims to attract listings of exchange-traded products and aims to challenge increasing compliance costs at Nasdaq and NYSE, and newer rules like the one setting targets for board diversity at Nasdaq.
The Pentagon has officially accepted a $400 million luxury airliner from Qatar that Trump said will serve as Air Force One
5/21/2025 7:01 PMKlarna CEO has said that AI helped company shrink workforce by 40%
5/21/2025 6:04 PMSerious Credit Card delinquencies has risen to 12.31%
5/21/2025 6:01 PMSoftware engineer lost his $150K-a-year job to AI—he’s been rejected from 800 jobs and forced to DoorDash and live in a trailer to make ends meet
5/21/2025 5:58 PM
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