Top News & Analysis Houston

  • The latest numbers show that young adults 25-29 are the primary out-of-state movers; they had the biggest gain in 13 years as they struck out on their own to test the job market in urban, high-tech meccas such as Washington, D.C.; Denver; Portland, Ore.; Seattle; and Austin, Texas.

  • CHICAGO-- People who collapse from cardiac arrest in poor black neighborhoods are half as likely to get CPR from family members at home or bystanders on the street as those in better-off white neighborhoods, according to a study that found the reasons go beyond race. The findings suggest a big need for more knowledge and training, the researchers said.

  • HOUSTON-- Two Texas pilots who were released after being arrested in Panama on suspicion of money laundering arrived home Wednesday in Houston. American Jet International pilots Carl Moody and Kenneth Chonoski were greeted at George Bush Intercontinental Airport by a crowd of family, friends and co-workers that included company CEO Roger Woolsey and U.S.

  • HOUSTON-- Retail gasoline prices have taken a tumble this week across Texas. AAA Texas on Thursday reported the statewide average price fell 12 cents to settle at $3.39 per gallon. The association survey found El Paso has the most expensive gasoline in Texas at $3.49 per gallon.

  • Net income rose to $31.3 million, or $1.32 per share, matching the forecast of analysts surveyed by FactSet. A year earlier, the company earned $21.5 million, or 91 cents per share. The shares fell $3.19, or 5.2 percent, to $58.65 in midday trading.

  • HOUSTON-- Engineering company and contractor KBR Inc. said Wednesday that it lost money in the third quarter as it wrote down the value of a 2010 acquisition. KBR bought Chicago- based Roberts& Schaefer in December 2010 for $280 million.

  • AUSTIN, Texas-- An embattled $3 billion cancer-fighting fund in Texas will recover from a controversy that led two Nobel laureates and others to resign over allegations that politics trumped science in spending decisions, state officials told stakeholders Wednesday.

  • Oct 24- Marathon Oil Corp said on Wednesday it is in negotiations to sell a portion of its 20 percent stake in the Athabasca Oil Sands Project in Canada as part of a strategy to shed less profitable assets. No sale of the non-operated Athabasca interest can be assured, Houston- based Marathon said.

  • Oct 24- Marathon Oil Corp said on Wednesday it is in negotiations to sell a portion of its 20 percent stake in the Athabasca Oil Sands Project in Canada as part of a strategy to shed less profitable assets. No sale of the non-operated Athabasca interest can be assured, Houston- based Marathon said.

  • HOUSTON-- Two Texas pilots who were arrested in Panama on suspicion of money laundering headed home for good Wednesday after authorities decided there is no case against them, their employer said. Carl Moody and Kenneth Chonoski were arrested after landing in Panama in May last year.

  • Oct 23- A federal appeals court on Tuesday reinstated a $9.2 million securities arbitration ruling against Morgan Keegan& Co stemming from a group of bond funds that became the subject of a civil fraud action by regulators.

  • Steve Murdock, former director of the U.S. Census Bureau and ex-state demographer of Texas, said studies are nearly unanimous in concluding that improved education is the key to bolstering earning power _ and thus could reverse the trend.

  • AUSTIN, Texas-- A fourth Texas high-tech startup that received taxpayer dollars through Gov.

  • NEW ORLEANS-- Oil giant BP has asked a federal judge to disregard objections from a fraction of claimants and give final approval to a proposed multibillion-dollar settlement over economic damages from the Gulf oil spill.

  • IMPERIAL, Pa.-- Southwest Airlines Co. is launching daily, nonstop service from Pittsburgh International Airport to Houston starting April 14. The flight will leave Pittsburgh at 11:50 a.m. weekdays and arrive at Houston's William P. Hobby Airport at 2 p.m. The flight will follow a similar schedule on Sunday but will leave Pittsburgh at 9:15 a.m. on Saturdays.

  • GENERAL ESCOBEDO, Mexico-- Even before the tour bus comes to a stop, the women rise from their seats and wait in the aisle to exit. "The goal is to come to look for them," said Virginia Olcot, 42, of Chimaltenango, Guatemala, who last heard from her husband in September 2009 when he arrived at the U.S. border in Sonora. "

  • WICHITA, Kan.-- When Candida L. Gutierrez's identity was stolen, the thief didn't limit herself to opening fraudulent credit and bank accounts. The scheme has been linked to illegal immigrants who use stolen Social Security numbers to get paid at their jobs, and authorities fear the problem could soon grow to ensnare more unsuspecting Americans.

  • Texas- based oilfield services company Baker Hughes Inc. reported Friday that 1,410 rigs were exploring for oil and 427 were searching for gas. A year ago, Baker Hughes listed 2,013 rigs. Of the major oil- and gas-producing states, Alaska gained five rigs while Arkansas, Colorado and North Dakota rose by two each.

  • HOUSTON-- Copano Energy priced a public offering of 6 million common units at $32.13 apiece. Copano Energy LLC said Friday that it is giving the underwriters a 30- day option to buy up to an additional 900,000 units. Shares of Houston- based Copano Energy LLC dropped $1.28, or 3.8 percent, to $32.08 in morning trading.

  • HOUSTON-- KMG Chemicals Inc. said Thursday that its chairman, company founder David Hatcher, will retire in December and be replaced by another member of the company's board. KMG Chemicals shares fell 12 cents to $17.98 in morning trading Friday. They have traded in a 52- week range of $12.69 almost a year ago to $19.72 in early July.