The team will assess whether a National Guard deployment would help to handle the immigration crisis at the Mexican border.» Read More
The train originated in North Dakota and was bound for Tesoro Corp's 120,000 barrel-per-day Anacortes oil refinery, 80 miles north of the city, Tesoro confirmed.
July 24- Energy Future Holdings, the largest power company in Texas, asked a judge to extend the period in which it controls its Chapter 11 bankruptcy and said it is scrapping its original debt-cutting plan in favor of an auction of its Oncor unit.
July 24- Canada's Encana Corp, which is restructuring operations to end its reliance on low-value natural gas, said on Thursday oil and natural gas liquids production climbed 43 percent year-on-year in the second quarter of 2014.. Encana shares climbed 1.8 percent on the Toronto Stock Exchange to C $24.14.
IRVING, Texas— Texas and nationwide retail gasoline prices have slipped 4 cents this week amid lower crude oil costs. The association survey found Amarillo has the cheapest gasoline in Texas this week at $3.32 per gallon. Drivers in El Paso have the most expensive gasoline in Texas at $3.49 per gallon.
HOUSTON— Noble Energy Inc. on Thursday reported earnings that decreased by 49 percent in its second quarter, and beat analysts' expectations. The Houston- based company said net income fell to $192 million, or 52 cents per share, from $377 million, or $1.04 per share, in the same quarter a year ago.
July 24- Southern Co, a power company, said it hopes to announce plans to build more nuclear reactors by the end of the year, a spokesman said late Wednesday.
DALLAS— Southwest Airlines is reporting a record profit for the second quarter, more than doubling its earnings from a year ago. Southwest Airlines Co. is in the midst of several big changes, including phasing out the AirTran Airways brand, starting international flights on Southwest, and expansion in Dallas and other key markets.
WASHINGTON— Applications for U.S. unemployment benefits plunged last week, a sign that the economy is building strength. The Labor Department said Thursday that applications for jobless aid fell 19,000 to a seasonally adjusted 284,000. The fewest people sought benefits since February 2006, almost two years before the start of the Great Recession.
FORT WORTH, Texas— Profit and revenue are up at American Airlines, and the company will share some of the gains with shareholders. American Airlines Group Inc. said Thursday that it earned a record $864 million in the second quarter, up from the $507 million that American and US Airways earned separately a year ago, before their merger.
FORT WORTH, Texas— American Airlines says it will pay its first dividend since 1980.. American Airlines Group Inc. made the announcement as it reported net income of $864 million in the second quarter, up from $220 million a year earlier. Southwest Airlines pays one, and Delta Air Lines restored its dividend last year.
HOUSTON— Breitburn Energy is buying QR Energy LP in a deal worth about $1.46 billion. QR unitholders will receive approximately 72 million common units of Breitburn Energy Partners LP, or 0.9856 of a Breitburn unit, for each unit of QR Energy that they own. Shares of Houston's QR Energy rose more than 8 percent before the opening bell Thursday.
A few have forfeited their right to do business in Texas by not filing tax reports. Perry, the longest-serving governor in Texas history and a possible 2016 presidential candidate, has for several years travelled the country extolling the strength of the Texas economy and bragging about his efforts to bring new investment to the state, including the tech fund.
WASHINGTON— The Federal Aviation Administration has lifted its ban on U.S. flights in and out of Israel.
WASHINGTON— Laurie Dishman told senators through tears Wednesday that she was choked and raped on a Royal Caribbean cruise by one of the line's employees, using her experience to shed light on the dangers that passengers might face on cruises.
HOUSTON, July 23- A top U.S. railcar maker, The Greenbrier Companies Inc, said on Wednesday a two-year timeline to retire older railcars that carry dangerous flammable liquids, including North Dakota Bakken crude, is "aggressive" but can be done.
HONOLULU— Federal wildlife officials recently proposed strict nationwide limits on importing and shipping boa constrictors and four other snake species in an effort to prevent them from being introduced into the wild.
NEW YORK— AT&T Inc. on Wednesday posted lower net income for the latest quarter due to cheaper cellphone plans it introduced as a response to aggressive pricing from smaller competitor T-Mobile US. AT&T shares fell 51 cents to $35.37 in extended trading after the release of the results. The Dallas company said it earned $3.55 billion, or 68 cents per share.
*U.S. crude stocks down 4 mln barrels, Cushing down 1.4- EIA. NEW YORK, July 23- Crude oil futures rose on Wednesday, as oil stockpiles in the United States fell more than expected and geopolitical tensions in Eastern Europe and the Middle East persisted.
WASHINGTON— The Food and Drug Administration warned doctors Wednesday not to use compounded drugs from a Texas specialty pharmacy due to potential risks of contamination. The agency says FDA inspectors recently uncovered unsanitary conditions at Unique Pharmaceuticals' plant in Temple, Texas.
NEW YORK— Brooklyn Roasting Co. has a booming business based on helping people thousands of miles away. Sales of its Fair Trade coffee, which comes from Mexico, Peru, Indonesia and Ethiopia, have soared from $900,000 in 2011 to $4.4 million last year.