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Top News & Analysis Houston

  • *OPEC to meet in Kuwait for monitoring meeting. NEW YORK, March 24- Oil rose modestly on Friday in a spate of late-day activity, but fell on the week as concerns persisted over an excess of crude. The official said the expected drop, in line with OPEC's agreement, could help draw down U.S. inventories that stood at a record 533 million barrels last week- stocks that have in...

  • March 24- A crude oil spill in western North Dakota in December is now believed to be about three times bigger than originally estimated, pipeline owner True Companies said on Friday, making it the largest crude leak to affect water in the state in over a decade. No oil moved further down the creek, which feeds into the Little Missouri River and eventually flows into...

  • Harold Shaw, left, special agent in charge of the FBI's Boston Division, and Massachusetts State Police Col. Richard McKeon, right, show Tom Brady's recovered jerseys Thursday along with Patriots Chief Executive Robert Kraft, middle.

    New England Patriots quarterback Tom Brady's stolen Super Bowl jerseys have been returned to the team, the FBI said Thursday. NBC News reports.

  • NEW YORK, March 24- U.S. shale producers are drilling at the highest rate in 18 months but have left a record number of wells unfinished in the largest oilfield in the country a sign that output may not rise as swiftly as drilling activity would indicate. Rising U.S. shale output has rattled OPEC's most influential exporter Saudi Arabia and pushed oil prices to a...

  • NEW YORK, March 24- U.S. shale producers are drilling at the highest rate in 18 months but have left a record number of wells unfinished in the largest oilfield in the country a sign that output may not rise as swiftly as drilling activity would indicate. Rising U.S. shale output has rattled OPEC's most influential exporter Saudi Arabia and pushed oil prices to a...

  • TORONTO, March 23- Canada's main stock index closed higher on Thursday, led by heavyweight financial sector shares a day after the federal budget held off from raising taxes on investors. The Toronto Stock Exchange's S&P/TSX composite index rose 85.15 points, or 0.55 percent, to 15,433.61. Canada's Liberal government unveiled a stay-the-course budget after...

  • TORONTO, March 23- Canada's main stock index rose on Thursday as gains for heavyweight financial sector shares offset losses for gold mining stocks, while investors awaited a vote on a U.S. healthcare legislation replacement later in the day. Gains for the Toronto Stock Exchange's S&P/TSX composite index came one day after Canada's Liberal government...

  • CARACAS/ PUNTO FIJO, Venezuela, March 22- G rumbling Venezuelans were lining up for scarce gasoline across the OPEC nation on Wednesday, due to mounting oil industry woes in the country with the world's largest crude reserves. Venezuela, which also has the world's cheapest gasoline, has wrestled with intermittent gasoline shortages in recent months, especially...

  • Denver Health Medical Center, for example, opened a new $26.9 million clinic in the city's southwest in 2016 to provide care to an area lacking in health services and saw more patients within six months than it had expected over two years. But since November's election, when Republicans swept the White House and Congress, Denver Health has deferred $73.7 million-...

  • BOSTON, March 23- President Donald Trumps White House has said his plans to slash environmental regulations will trigger a new energy boom and help the United States drill its way to independence from foreign oil. According to the SEC, a publicly traded company must deem a matter "material" and report it to the agency if there is a substantial likelihood that a...

  • CARACAS/ PUNTO FIJO, Venezuela, March 22- G rumbling Venezuelans were lining up for scarce gasoline across the OPEC nation on Wednesday, due to mounting oil industry woes in the country with the world's largest crude reserves. Venezuela, which also has the world's cheapest gasoline, has wrestled with intermittent gasoline shortages in recent months, especially...

  • CALGARY, Alberta, March 22- Canada's Enbridge Inc said on Wednesday it would cut about 1,000 positions, or 6 percent of its work force, after buying Spectra Energy Corp of Houston, the first layoffs for the combined energy infrastructure company, the biggest in North America. The takeover announced last year, the most significant energy deal since oil and natural...

  • *S&P 500 touches 5- week low after sinking 1.2 pct Tuesday. *Bonds gain as concerns about Washington gridlock grow. NEW YORK, March 22- Most U.S. and European share indexes fell or were little changed on Wednesday as concerns over potential delays to President Donald Trump's pro-growth policies again unnerved investors, while safe-haven gold, U.S.

  • CALGARY, Alberta— Enbridge Inc. says it is cutting about 1,000 jobs or 6 percent of its workforce following the takeover of Houston- based Spectra Energy. The Calgary, Alberta- based Enbridge said Wednesday it is laying off people to address overlaps in the combined company's organizational structure after acquiring Spectra late last month.

  • *S&P 500 touches 5- week low after sinking 1.2 pct Tuesday. *Bonds gain as concerns about Washington gridlock grow. NEW YORK, March 22- Most U.S. and European share indexes fell on Wednesday as concerns over potential delays to President Donald Trump's pro-growth policies again unnerved investors, while safe-haven gold, U.S.

  • *Gold rises to three-week high; dollar falls. March 22- The S&P 500 and the Nasdaq were little changed on Wednesday as investors increasingly worried whether President Donald Trump will be able to push ahead with his pro-growth policies. The Dow was lower in morning trading, dragged down by a 6.2 percent fall in Nike after the world's largest footwear maker's...

  • *Gold rises to three-week high; dollar falls. March 22- U.S. stocks looked set to open slightly lower on Wednesday, a day after Wall Street posted its biggest one-day fall since the November election, as investors fret about potential delays to President Donald Trump's pro-growth policies. "The markets were reminded yesterday the' Trump trade' is not a one-way trade...

  • *OPEC sources say group leaning towards extending cuts. NEW YORK, March 21- Oil prices fell on Tuesday, with U.S. crude dropping to its lowest since November, as concerns about new supplies overshadowed the latest talk by OPEC that it was looking to extend output cuts beyond June. Brent futures for May delivery fell 66 cents, or 1.3 percent, to settle at $50.96 a barrel,...

  • OMAHA, Neb.— The Gordmans bankruptcy has attracted two bidders who want to keep at least some of the company's 106 discount department stores operating. Former Gordmans CEO Jeff Gordman is leading one of the groups interested in the company's assets. But any sale of Gordmans' assets will have to be approved by the bankruptcy court, so it's not clear if the bidders...

  • Your local Target may be getting a makeover

    Target is planning a redesigned store in Houston that opens this October, and it's pretty different from other shops.