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Texas transmission projects could create 41,000 jobs and $120M in local taxes annually, boosting the economy by $18B.

Market News
13 Aug 2026
PRNewsWire
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Bullish
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CenterPoint Energy's new transmission projects in Texas are expected to generate significant economic benefits, including creating approximately 41,000 construction jobs and $120 million in annual local tax revenue. These projects aim to improve grid reliability and meet future energy demand, potentially adding over $18 billion annually to the Texas economy. Combined with other utilities' projects, the total economic impact could reach $30 billion per year and create up to 100,000 jobs during construction. CenterPoint is engaging local communities to shape project plans and will soon announce commitments to enhance collaboration with landowners.

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Abeona Therapeutics' price target cut to $15 after Q2 revenue miss and operational issues with Zevaskyn therapy.

Abeona Therapeutics' price target cut to $15 after Q2 revenue miss and operational issues with Zevaskyn therapy.

Industrial Alliance Securities lowered Abeona Therapeutics' price target from $20 to $15 following a 14% stock drop after the company reported Q2 revenues of $11.4 million, missing analyst expectations. The company faces operational challenges with i...

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Inovio advances DNA medicine pipeline with FDA review of INO-3107 and $18.3M funding secured

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Life360 director Morin Brit sells 15,582 shares for $1 million

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AbCellera's stock jumps after successful menopause drug trial and CFO insider buying.

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TOMI Environmental posts 118% revenue growth and beats EPS estimates despite ongoing losses

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TOMI Environmental Solutions reported a 118% year-over-year revenue increase to $2.25 million, surpassing analyst estimates of $1.84 million. The company also beat EPS expectations with a loss of $0.05 per share, better than the anticipated loss of $...

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