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  • AP sources: EPA to propose stricter smog standard Tuesday, 25 Nov 2014 | 8:38 PM ET

    The stricter standard makes good on a pledge President Barack Obama made during his first campaign for the White House and one of his first environmental actions as president: reversing a decision by President George W. Bush to set a limit weaker than scientists advised. The initial range of 60 to 70 parts per billion proposed by the EPA in January 2010 would make...

  • NEW YORK, Nov 25- Oil tumbled 2 percent to near four-year lows on Tuesday in another volatile session as a meeting of Saudi Arabia and three other nations ahead of an OPEC summit ended with no deal to curb crude output. Saudi Oil Minister Ali al-Naimi held talks with officials from Venezuela, Russia and Mexico in Vienna before Thursday's summit of the Organization...

  • *Losses pared after WSJ reports OPEC may agree on cut. NEW YORK, Nov 25- Oil prices tumbled to near four-year lows before paring some losses on Tuesday as the market was hit with conflicting signals on whether OPEC will agree to curb output at its meeting this week. Crude prices reversed early gains and fell more than $1 a barrel after a meeting in Vienna on Tuesday...

  • FACTBOX-Recent tax inversion proposals Tuesday, 25 Nov 2014 | 1:19 PM ET

    Medical technology company Medtronic Inc said on Nov. 18 that its plan to acquire and adopt the tax domicile of Ireland's Covidien Plc was on track to close in 2015.. High-tech manufacturer Applied Materials Inc plans to buy Japanese rival Tokyo Electron Ltd and reincorporate in the Netherlands. Burger King Worldwide Inc plans to acquire Canadian coffee and...

  • Woman cleared in fatal car wreck after GM letter Monday, 24 Nov 2014 | 3:05 PM ET

    HOUSTON— A Texas judge cleared a woman Monday for a car accident that killed her fiance in 2004, after General Motors acknowledged that her car would have been among millions being recalled for a problem that may have contributed to the death. Candice Anderson was driving a 2004 Saturn Ion when it suddenly veered off a road about 60 miles east of Dallas and...

  • Report: plant's chemicals not listed in 911 call Sunday, 23 Nov 2014 | 12:51 PM ET

    HOUSTON— Four workers killed by poisonous gas during a recent chemical leak were trapped inside the Texas pesticide plant for an hour before anyone called 911, and no one told dispatchers what substances were inside. The DuPont plant in La Porte typically housed as much as 250 tons of highly flammable methyl mercaptan, the Houston Chronicle reported Sunday.

  • TV-over-Internet service Aereo seeks Chapter 11 Friday, 21 Nov 2014 | 1:05 PM ET

    The Supreme Court ruled this summer that Aereo had been operating like a cable TV company, meaning that unless it paid broadcasters licensing fees, it was in violation of copyright law. The company got its start in New York and had expanded to about 10 other metropolitan areas, including Boston, Houston and Atlanta, though it never disclosed how many subscribers...

  • New CEO chosen for Atlanta economic agency Friday, 21 Nov 2014 | 11:03 AM ET

    Atlanta city officials say Richard previously worked as CEO and president of Greater Louisville Inc. and coordinated 32 projects that created more than 3,800 jobs and $571 million in capital investment. Richard also has economic development experience with organizations in Houston, Dallas and Arlington, Texas. Richard earned a bachelor's degree from the...

  • Wildlife land fracking could yield $6M, royalties Friday, 21 Nov 2014 | 3:06 AM ET

    CHARLESTON, W.Va.— A company has bid $6.2 million plus royalties to drill for natural gas and oil under state wildlife conservation land in Tyler County. Denver- based Antero Resources is offering to pay more than $12,000 an acre for fracking rights under Conaway Run Wildlife Management Area, state Commerce Secretary Keith Burdette said. Houston- based Noble...

  • Worker in deadly Gulf blast was cleaning equipment Friday, 21 Nov 2014 | 1:40 AM ET

    NEW ORLEANS— A worker killed in an offshore explosion was cleaning a piece of equipment during routine maintenance at its oil-and-gas platform in the Gulf of Mexico, the company that runs the platform said Friday. Houston- based Fieldwood Energy LLC said another worker suffered "visible injury" and two others reported ringing in their ears after the explosion,...

  • Explosion on Gulf platform; 1 dead, 3 injured Thursday, 20 Nov 2014 | 10:12 PM ET

    NEW ORLEANS— An explosion occurred on an offshore oil and gas platform in the Gulf of Mexico on Thursday, killing one person and injuring three. The Bureau of Safety and Environmental Enforcement said Fieldwood Energy reported the explosion on its Echo Platform just before 3 p.m. about 12 miles off Louisiana's coast. A telephone call to the Houston, Texas- based...

  • Geospace Technologies reports 4Q loss Thursday, 20 Nov 2014 | 5:42 PM ET

    HOUSTON _ Geospace Technologies Corp. on Thursday reported a fiscal fourth-quarter loss of $1.8 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share. Analysts expected $30.2 million, according to Zacks.

  • VANCOUVER, Nov 20- Canadian police said on Thursday they arrested environmental protesters who have been blocking work at two Kinder Morgan Energy Partners LP sites in the Vancouver suburb of Burnaby, three days after a court injunction for their removal came into effect. Kinder Morgan, which hopes to triple the size of its 300,000- barrel-per-day Trans...

  • Apache selling assets for $1.4B Thursday, 20 Nov 2014 | 12:27 PM ET

    HOUSTON— Apache Corp. said Thursday that it will sell some of its oil and gas assets for $1.4 billion. The Houston- based company is selling its interest in approximately 90,000 acres in southern Louisiana and roughly 115,000 acres in the Anadarko Basin in Texas and Oklahoma in two separate deals. The oil and gas exploration and production company has...

  • Retail gasoline prices across Texas down 7 cents Thursday, 20 Nov 2014 | 12:02 PM ET

    IRVING, Texas— Retail gasoline prices across Texas and nationwide have dropped an average 7 cents per gallon this week. AAA Texas on Thursday reported the statewide average settled at $2.66 per gallon. The most expensive gasoline in Texas was in Beaumont and Houston, at $2.67 per gallon.

  • Cyberonics beats 2Q profit forecasts Thursday, 20 Nov 2014 | 7:18 AM ET

    HOUSTON _ Cyberonics Inc. on Thursday reported earnings of $17.3 million in its fiscal second quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 59 cents per share. Cyberonics expects full-year revenue in the range of $292 million to $298 million.

  • Nov 19- A Houston- based wealth management firm must pay more than $3.8 million to a group of 19 ExxonMobil retirees who said the company mismanaged their investments and misled them about its trading strategy, according to a securities arbitration ruling. The ruling by a panel of three Financial Industry Regulatory Authority arbitrators found USCA Capital...

  • *Morgan Stanley analysts expect production cut sooner or later. NEW YORK, Nov 19- Oil prices rose on Wednesday after Libya's representative to OPEC fueled hopes of an output cut, prompting traders to focus on next week's meeting of the producer group and ignore an unexpected surge in U.S. crude inventories. U.S. crude and Brent futures shrugged off the bearish...

  • HOUSTON, Nov 19- Four workers who died on Saturday at a DuPont and Co plant in Texas were accidentally asphyxiated by chemicals, the coroner's office said on Wednesday, another finding that suggests the victims were not wearing full safety equipment. A DuPont spokesman declined to say if the victims were caught by surprise by the chemical or sent to repair a leak...

  • Stage Stores tops Street 3Q forecasts Wednesday, 19 Nov 2014 | 6:12 AM ET

    HOUSTON _ Stage Stores Inc. on Wednesday reported a fiscal third-quarter loss of $5.3 million. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of 20 cents per share. Stage Stores expects full-year earnings to be $1.05 to $1.15 per share.