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Top News & Analysis Houston

  • CHICAGO— Competitors of Chicago- based Exelon Corp. filed a federal lawsuit Tuesday opposing legislation that provides billions of dollars in subsidies to the power giant. The legislation approved in December provides as much as $235 million per year to Exelon to keep unprofitable nuclear plants running in Clinton and the Quad Cities.

  • A woman is rescued due to sever weather in Houston, Texas.

    Here are some of the key stories CNBC is following this hour.

  • HOUSTON, Feb 14 (Reuters)- Storms packing heavy rains, lashing winds and tornadoes hit the Houston metropolitan area on Tuesday, ripping roofs off homes, blowing windows out of frames and leaving tens of thousands of people without power. Two tornadoes were reported to have touched down in Fort Bend County, about 30 miles (50 kms) southwest of Houston, causing damage...

  • AUSTIN, Texas, Feb 14- The National Weather Service on Tuesday issued a tornado watch and warning for Houston, the fourth most-populous U.S. city, and large parts of the metro region as a storm packing heavy rain and slashing wind hits the area. A relatively weak tornado touched down about 30 miles southwest of Houston in Fort Bend County, but no injuries or major...

  • WASHINGTON- Federal Reserve Chair Janet Yellen to deliver her semiannual monetary testimony before the Senate Banking Committee- 1500 GMT. NEWARK, United States- Richmond Fed President Jeffrey Lacker to speak before the 2017 Economic Forecast forum hosted by the Lyons Companies and the Lerner College Center for Economic Education and Entrepreneurship-...

  • WASHINGTON- Federal Reserve Chair Janet Yellen to deliver her semiannual monetary testimony before the Senate Banking Committee- 1500 GMT. NEWARK, United States- Richmond Fed President Jeffrey Lacker to speak before the 2017 Economic Forecast forum hosted by the Lyons Companies and the Lerner College Center for Economic Education and Entrepreneurship-...

  • HOUSTON _ Synthesis Energy Systems Inc. on Monday reported a loss of $569,000 in its fiscal second quarter. On a per-share basis, the Houston- based company said it had a loss of 1 cent. This story was generated by Automated Insights using data from Zacks Investment Research.

  • HOUSTON _ Noble Midstream Partners LP on Monday reported fourth-quarter net income of $25.4 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 76 cents per share. Noble Midstream Partners shares have increased 29 percent since the beginning of the year.

  • HOUSTON _ Noble Energy Inc. on Monday reported a loss of $252 million in its fourth quarter. The average estimate of 21 analysts surveyed by Zacks Investment Research was for a loss of 9 cents per share. Seventeen analysts surveyed by Zacks expected $1.04 billion.

  • HOUSTON _ Service Corp. International on Monday reported fourth-quarter profit of $66.2 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 42 cents per share. Service Corp. expects full-year earnings in the range of $1.29 to $1.43 per share.

  • WASHINGTON- Federal Reserve Chair Janet Yellen to deliver her semiannual monetary testimony before the Senate Banking Committee- 1500 GMT. NEWARK, United States- Richmond Fed President Jeffrey Lacker to speak before the 2017 Economic Forecast forum hosted by the Lyons Companies and the Lerner College Center for Economic Education and Entrepreneurship-...

  • WASHINGTON- Federal Reserve Chair Janet Yellen to deliver her semiannual monetary testimony before the Senate Banking Committee- 1500 GMT. NEWARK, United States- Richmond Fed President Jeffrey Lacker to speak before the 2017 Economic Forecast forum hosted by the Lyons Companies and the Lerner College Center for Economic Education and Entrepreneurship-...

  • CLEVELAND— Opponents of a high-pressure natural gas pipeline expected to be built across the northern half of Ohio are clinging to the wings of a furry flier, the northern long-eared bat, in their efforts to at least delay the $2 billion project. The existence of the threatened species remains one of the impediments the partnership between Houston- based...

  • MOSCOW, Feb 11- Russia will decided in April or May whether an agreement on global oil output cuts between OPEC and non- OPEC producers, set to end on June 31, should be extended, TASS news agency quoted Russian Energy Minister Alexander Novak as saying on Saturday.

  • By comparison, Japan and Germany get off easy. The U.S. trade gap with Mexico, though, is smaller than the ones with Japan and Germany. Why does Mexico bear the brunt of Trump's wrath, while Germany and Japan usually get a pass?

  • WASHINGTON- Federal Reserve Chair Janet Yellen to deliver her semiannual monetary testimony before the Senate Banking Committee- 1500 GMT. NEWARK, United States- Richmond Fed President Jeffrey Lacker to speak before the 2017 Economic Forecast forum hosted by the Lyons Companies and the Lerner College Center for Economic Education and Entrepreneurship-...

  • WASHINGTON- Federal Reserve Chair Janet Yellen to deliver her semiannual monetary testimony before the Senate Banking Committee- 1500 GMT. NEWARK, United States- Richmond Fed President Jeffrey Lacker to speak before the 2017 Economic Forecast forum hosted by the Lyons Companies and the Lerner College Center for Economic Education and Entrepreneurship-...

  • HOUSTON/ CARACAS, Feb 9- Venezuela's state-run oil company, PDVSA, has fallen months behind on shipments of crude and fuel under oil-for-loan deals with China and Russia, according to internal company documents reviewed by Reuters. The delayed shipments to such crucial political allies and trading partners- which together have extended Venezuela at least $55...

  • WASHINGTON- Federal Reserve Chair Janet Yellen to deliver her semiannual monetary testimony before the Senate Banking Committee- 1500 GMT. NEWARK, United States- Richmond Fed President Jeffrey Lacker to speak before the 2017 Economic Forecast forum hosted by the Lyons Companies and the Lerner College Center for Economic Education and Entrepreneurship-...

  • CARACAS, Feb 9- Venezuelan state oil company PDVSA has delayed and canceled crude deliveries to commercial partners in recent months, according to documents seen by Reuters, a further sign of the steady production decline of the country's top export. From October through January, PDVSA canceled or delayed delivery of almost 7 million barrels of crude due to...