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  • WASHINGTON, Jan 30- Food distributor Sysco Corp and its biggest rival, US Foods Inc, have offered to sell a smaller competitor 11 facilities in order to convince skeptical antitrust regulators to approve their $3.5 billion merger, a source briefed on the matter told Reuters. The deal, proposed in December 2013, is seen as problematic because Sysco and US Foods are...

  • IRVING, Texas— Exxon Mobil Corp. has updated its corporate policies to protect employees from discrimination for sexual orientation or gender identity. Spokesman Allan Jeffers said Friday that the Irving, Texas- based oil giant added these protections to comply with federal law. Exxon Mobil, which has federal contracts worth millions of dollars, had said it...

  • The largest IPO of the bunch, surpassing even Shake Shack, was InfraREIT Inc. The company's offering priced above expectations and raised $460 million before expenses, sending the shares higher in afternoon trading. Its IPO of 20 million shares priced at $23 per share, and the stock gained $3.60, or 15.7 percent, to $26.60. Spark Therapeutics Inc. is studying gene...

  • DETROIT, Jan 30- The United Auto Workers union and Navistar International Corp have reached a tentative four-year contract agreement, the union said on Friday. Workers at Navistar, a vehicle and engine manufacturer, will now vote on whether to accept the terms of the contract, which were not released publicly. There are 1,800 UAW-represented Navistar workers in...

  • Lawsuit: Exploding air bag killed Texas man Friday, 30 Jan 2015 | 4:20 PM ET

    HOUSTON— The family of a Texas man who died in a minor traffic accident is alleging in a lawsuit that their loved one is the latest person to be killed by shrapnel shooting out of exploding air bags made by Takata Corp. of Japan. Carlos Solis, 35, died on Jan. 18 in a minor crash in a Houston suburb. Takata is under fire for air bag inflators that can explode, shooting out...

  • Goodrich Petroleum cuts oil drilling in La. and Miss. Friday, 30 Jan 2015 | 12:59 PM ET

    JACKSON, Miss.— Low oil prices mean the driller that has been the most bullish on an oil region that straddles the Louisiana- Mississippi line is cutting back. Goodrich Petroleum Corp., based in Houston, said Friday that it will spend $80 million to $100 million on exploration and drilling this year, down from $150 million to $200 million it had previously projected.

  • DALLAS— Pilots at American Airlines and US Airways have approved a single labor contract, a step toward combining workforces at the two carriers, which merged in December 2013. Pilots at American and US Airways will get the retroactive pay raises plus annual raises of 3 percent through 2019. The contract does not include profit-sharing, which pilots get at...

  • NEW YORK— Wall Street went wild for burgers Friday. It had initially forecast that its shares would fetch $14 to $16 per share from investors, and raised that prediction to $17 to $19 per share on Wednesday as demand grew. Its journey from a hot dog cart in Manhattan's Madison Square Park to Wall Street started in 2001. Three years later, Union Square Hospitality...

  • WILLISTON, N.D., Jan 29- Occidental Petroleum Corp Chief Executive Stephen Chazen quipped on Thursday that his larger rival Chevron Corp was too poor to buy the No. 4 U.S oil producer, but the offhand remark sent Oxy's stock up anyway. Wolfe Research's Paul Sankey said. Laughter was audible in the background, but eyebrows were raised by the mention of a specific...

  • Senate roll call vote on the Keystone XL Pipeline Thursday, 29 Jan 2015 | 5:49 PM ET

    The 62-36 roll call Thursday by which the Senate passed a bill approving the construction of the Keystone XL Pipeline Act. Baldwin, Wis.; Blumenthal, Conn.; Booker, N.J.; Boxer, Calif.; Brown, Ohio; Cantwell, Wash.; Cardin, Md.; Coons, Del.; Durbin, Ill.; Feinstein, Calif.; Franken, Minn.; Gillibrand, N.Y.; Heinrich, N.M.; Hirono, Hawaii; Kaine, Va.; Klobuchar, Minn.; Leahy, Vt.; Markey, Mass.; Menendez, N.J.;...

  • DALLAS— Shares of Hawaiian Airlines' parent fell sharply in extended trading Thursday after the company said a key revenue measure would decline in the first quarter. Hawaiian Holdings Inc. reported fourth-quarter net income of $11 million, or 17 cents per share, down from year-ago earnings of $17 million, or 31 cents per share. Excluding costs of fuel-hedging...

  • DETROIT, Jan 29- Honda Motor Co said on Thursday that a driver was killed last week in a Houston suburb in a 2002 Accord equipped with a Takata Corp air bag that may have ruptured. The Harris County Sheriff is investigating the crash, which occurred Jan. 18 in Spring, Texas, north of Houston, and identified the driver as 35- year-old Carlos Solis. Takata's handling of air...

  • Tuesday Morning posts 2Q profit Thursday, 29 Jan 2015 | 5:18 PM ET

    DALLAS _ Tuesday Morning Corp. on Thursday reported fiscal second-quarter earnings of $23.7 million. Tuesday Morning shares have decreased 3 percent since the beginning of the year. Keywords: Tuesday Morning, Earnings Report.

  • SolarWinds beats Street 4Q forecasts Thursday, 29 Jan 2015 | 5:01 PM ET

    AUSTIN, Texas _ SolarWinds Inc. on Thursday reported fourth-quarter earnings of $23 million. Analysts expected $117.7 million, according to Zacks. For the current quarter ending in March, SolarWinds expects its per-share earnings to range from 43 cents to 46 cents.

  • *Alibaba shares, Qualcomm shares tumble after results. NEW YORK, Jan 29- U.S. stocks enjoyed a late afternoon rally and closed higher on Thursday as an upturn in oil prices and a rally in Apple and Boeing shares helped offset some disappointing earnings and lingering questions over U.S. monetary policy. While the afternoon rise in crude was not huge, it was enough to...

  • National Instruments posts 4Q profit Thursday, 29 Jan 2015 | 4:52 PM ET

    AUSTIN, Texas _ National Instruments Corp. on Thursday reported fourth-quarter earnings of $43.4 million. For the current quarter ending in March, National Instruments expects its per-share earnings to range from 17 cents to 29 cents. National Instruments shares have decreased 3 percent since the beginning of the year.

  • DETROIT, Jan 29- Honda Motor Co said on Thursday that a driver was killed last week in Houston in a 2002 Accord equipped with a Takata Corp air bag that may have ruptured. Honda said that local authorities have not officially determined the cause of death of the driver. The 2002 Accord was included in a 2011 safety recall but the "recall repair was never completed,"...

  • Exploding air bag may have killed Texas man Thursday, 29 Jan 2015 | 4:14 PM ET

    HOUSTON— Federal safety regulators are looking into the death of a Texas man who may be the latest victim of exploding automobile air bags made by Takata Corp. of Japan. Senator Bill Nelson, D- Fla., said Thursday on the Senate floor. Honda said in a statement that the car was part of a 2011 national recall to fix the driver's air bag inflators, but records show the...

  • HONDA SAYS FATAL CRASH OCCURRED JAN 18 IN A 2002 ACCORD MODEL IN HOUSTON.

  • HOUSTON/ WILLISTON, N.D., Jan 29- ConocoPhillips and Occidental Petroleum Corp on Thursday slashed exploration spending plans for this year, as the third- and fourth-largest U.S. oil companies attempt to cope with a steep slide in crude prices. The cuts follow similar steps by rival Hess Corp earlier this week while Royal Dutch Shell, Europe's largest oil company,...