• Scammers are targeting Texans as winter storm leaves many without power, feds warn

    16 days ago - By Business Insider

    Ice and snow blanketing roads in Odessa, Texas, on February 15, 2021.
    Jacob Ford/Odessa American via AP
    Federal authorities are warning Texans of increased scam efforts after a devastating winter storm.
    Some scammers are already posing as representatives from electricity companies.
    Many residents lost power and others have suffered property damage from the storm.
    Visit the Business section of Insider for more stories .
    The United States Attorney's Office for the Eastern District of Texas warned residents to be on the lookout for scams as the state deals with an unprecedented winter storm...
    Read more ...

     

  • Damages tied to the 'life-threatening crisis' caused by the winter storm in Texas could approach $50 billion

    16 days ago - By Business Insider

    Icicles hang off the State Highway 195 sign in Killeen, Texas.
    Photo by Joe Raedle/Getty Images
    Costs incurred in Texas as a result of a snow storm may approach $50 billion, AccuWeather's CEO said.
    Millions of Texans lost power this week, and the snow devastated the state's infrastructure.
    Visit the Business section of Insider for more stories .
    The damages from the devastating winter storm in and around Texas could near $50 billion, according to AccuWeather. The estimate, provided earlier this week by AccuWeather CEO Joel Myers, accounts for lost wages, damages to businesses and homes...
    Read more ...

     

  • TIMELINE: How political rivals Ted Cruz and AOC reacted to the devastating Texas winter storm

    16 days ago - By Business Insider

    Sen. Ted Cruz of Texas; Rep. Alexandria Ocasio-Cortez of New York
    Stringer/REUTERS; J. Scott Applewhite/AP Photo
    Sen. Ted Cruz left Houston during a fatal winter storm for Mexico and faced immense criticism.
    Rep. Alexandria Ocasio-Cortez promoted renewable energy and raised millions of dollars for Texans.
    The political rivals had wildly different weeks. Here's how they reacted to the storm.
    Visit the Business section of Insider for more stories .
    This week, Sen. Ted Cruz of Texas escaped the cold weather ravaging his home state for a trip to Cancún with his family, then swiftly returned...
    Read more ...