CityCentre’s Straits Restaurant to close, while The Escape Game opens

Visitors of CityCentre will have to say goodbye to the Straits Restaurant but can welcome The Escape Game.

The Singapore and pan-Asian restaurant’s last service day will be Aug. 29, manager Inri Diaz said. He doesn’t know why the location, which opened in 2010 at 800 Sorella Court, is closing.

“Sales are about the same as last year, so (the closing) came as a surprise, but what can you do,” Diaz said.

It’s the third Straights restaurant to close, the Houston Press reported. The other Straights…

CityCentre’s Straits Restaurant to close, while The Escape Game opens syndicated post

Venture capital investing is on the decline — Houston saw one of the biggest drops

Venture capital spending continues to lag behind the record activity of recent years, but startups needn’t worry; industry analysts say there are billions in dealmaking still to be done.

VC firms invested roughly $38 billion in startups and other early-stage companies during the first two quarters this year, down 10 percent from the $42 billion recorded during the same span in 2016 and off about $2 billion from 2015, according to data collected by Pitchbook and the National Venture Capital Association.…

Venture capital investing is on the decline — Houston saw one of the biggest drops syndicated post

​Sempra Energy exec on Oncor bid: ‘Fourth time’s a charm’

Sempra Energy executives had been watching past attempts to buy the Dallas electricity giant Oncor before casting a $9.45 billion bid Aug. 21 in their chance to outmaneuver famed investor Warren Buffett.

Sempra began the talks nearly one month ago, around the time the energy arm of Buffett’s Berkshire Hathaway had announced an agreement to buy Oncor for $9 billion. The company’s executives have made the same regulatory assurances to the Texas Public Utility Commission, which had struck down…

​Sempra Energy exec on Oncor bid: ‘Fourth time’s a charm’ syndicated post

​Cyclone Anaya’s bought by Houston-based restaurant group

Cyclone Anaya’s Mexican Kitchen has a new owner.

Houston-based Heritage Restaurant Group, part of the Dhanani Group, has acquired the Tex-Mex eatery, according to a press release. The terms of the deal were not disclosed.

Named after the world champion wrestler Cyclone Anaya, the restaurant has been serving Houston for almost 50 years. It has six locations in Houston and one in Fairfax, Virginia. A Dallas location closed in January 2015, according to CultureMap.

Ricardo Valencia, owner of Cyclone…

​Cyclone Anaya’s bought by Houston-based restaurant group syndicated post