President Obama is resisting calls to visit the border during his two-day fundraising trip to Texas.» Read More
LONDON, July 10- Fossil fuels will remain an indispensable part of the global energy supply for at least the next 50 years, so a means must be found to burn them without pumping carbon dioxide into the atmosphere.
BOSTON, July 10- Fidelity Investments, the No. 2 U.S. mutual fund company, told employees this week it will cut about 460 jobs, or 1 percent of its workforce, at its printing and mailing operations in Kentucky and Texas.
July 10- Shopping center owner and operator Regency Centers Corp offered to buy AmREIT Inc for about $433 million to expand in Texas and Georgia. AmREIT's shares jumped as much as 14.6 percent to the offer price of $22 before giving up some of the gains, while Regency's stock rose marginally.
JACKSONVILLE, Fla.— Discount store operator Stein Mart said Thursday that its June sales at stores open at least a year climbed 2.6 percent. Stein Mart Inc. said its strongest sales in June were in Florida, California and North and South Carolina. Stein Mart, based in Jacksonville, Florida, ran 265 stores at the end of June.
A surge of Republican pressure is bringing the Fed's long-held independence into question again.
It was expected to last for weeks, said Miranda Jones, the vice president of environmental safety and regulatory at Houston- based Crestwood Midstream Services Inc.. Jones said the leak at the underground pipeline, owned by Crestwood subsidiary Aero Pipeline LLC, likely started over the Fourth of July weekend.
With Democrats controlling the Senate since the 2008 financial crisis, the bank and its supporters have had the luxury of shrugging off Fed-related laws from the Republican-controlled House of Representatives.
American, United and Southwest indicated that a key revenue figure was higher than in the same period last year, and American also raised its forecast for profit margin in the second quarter. Cowen and Co. analyst Helane Becker said the new margin forecast "provides further evidence that was a very strong quarter for the airlines."
WASHINGTON, July 9- An oil industry lobbying group on Wednesday unveiled voluntary standards aimed at tamping down concerns about the oil and gas production process known as horizontal drilling, or fracking, in communities around the United States.
WASHINGTON, July 9- The U.S. Senate on Wednesday confirmed Julian Castro to lead the Department of Housing and Urban Development, placing the San Antonio, Texas mayor at the top of the agency in charge of housing during a sluggish recovery in the sector.
The Nevada Democrat used Senate procedures to prevent votes on any amendments to a bipartisan measure expanding hunters' access to public lands and renewing land conservation programs.
WASHINGTON— Farmers and ranchers who suffered heavy livestock and grazing losses over the last three years due to extreme weather have been quick to take advantage of newly available disaster relief funds, the U.S. Department of Agriculture said Wednesday.
COVINGTON, Ky.— A Fidelity Investments spokeswoman says the company plans to cut more than 400 jobs in Kentucky and Texas. Spokeswoman Tara Peak said in a statement that the company has decided to outsource work currently done at its printing and mailing operations in Covington, Kentucky, and Grapevine, Texas.
U.S. SENATE CONFIRMS SAN ANTONIO, TEXAS MAYOR JULIAN CASTRO AS HOUSING AND URBAN DEVELOPMENT SECRETARY.
DALLAS— Southwest Airlines Co. said Wednesday that a key revenue figure rose sharply in June, which hinted that the carrier was able to charge higher average fares at the start of the summer travel season.
FORT WORTH, Texas— The parent company of American Airlines and US Airways said Wednesday that June passenger traffic rose 1 percent from the same month a year ago and said it expects passenger revenue to rise in its second quarter.
WASHINGTON— Tens of thousands of children streaming from chaotic Central American nations to the U.S. border have overwhelmed the government's ability to respond, senior administration officials said Wednesday as President Barack Obama urged Congress to move swiftly to approve emergency spending request for the crisis.
MOSCOW/ LONDON, July 9- With President Vladimir Putin watching from afar, the head of Rosneft, Igor Sechin, launched the world's biggest oil drilling platform in the Okhotsk Sea to warm handshakes with his colleagues from ExxonMobil.
BEVERLY HILLS, Calif.— Sigourney Weaver and the cast of "Alien" are virtually returning to the starship Nostromo. The actress who portrayed unflappable officer Ellen Ripley in the "Alien" film franchise is reprising her role in "Alien: Isolation," an upcoming video game set after the events of the original 1979 film.
ORLANDO, Fla.— You might need a magic wand to get on the new Harry Potter ride at Universal Orlando Resort. For a second day in a row, visitors waited up to five hours to get on the ride, Harry Potter and the Escape from Gringotts, located in the new Diagon Alley section of Universal Studios.