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  • Valero second-quarter profit rises Wednesday, 30 Jul 2014 | 7:57 AM ET

    July 30- Valero Energy Corp, the largest U.S. independent refiner, on Wednesday reported an increase in quarterly profit as the company processed higher volumes of crude oil. San Antonio- based Valero said second-quarter profit rose to $651 million, or $1.22 per share, from $463 million, or 84 cents, in the same period a year earlier.

  • Member of 'swatting' ring pleads guilty in Texas Wednesday, 30 Jul 2014 | 7:42 AM ET

    DALLAS— Prosecutors in Dallas say a member of a "swatting" ring that made hoax 911 calls has pleaded guilty to computer-related conspiracy and retaliation counts. Jason Allen Neff of Omaha, Nebraska, faces up to five years in federal prison in a plea deal over the investigation since 2006..

  • Terror threats at chemical plants underestimated Wednesday, 30 Jul 2014 | 2:40 AM ET

    The yearlong investigation by Republican staff on the Senate Homeland Security Committee paints a portrait of inspection delays, government errors in risk assessment and industry loopholes in a $595 million terror prevention program passed by Congress in 2006. A copy of the investigators' report was obtained by The Associated Press.

  • Westport Petroleum Inc, the Franklin, Tennessee- based shipping arm of Japanese trader Mitsui& Co, chartered the BW Zambesi, an LR1 tanker, also known as a Panamax class vessel, in mid-July for the voyage. The tanker, owned by BW Group, docked at the Galveston terminal in Texas on Tuesday, AIS data on Reuters showed.

  • Processing issue delays bar exam submissions Wednesday, 30 Jul 2014 | 2:08 AM ET

    DALLAS— Florida- based testing software provider ExamSoft Worldwide Inc. said a processing issue has caused delays for bar exam takers in multiple states who were submitting their answers.

  • HOUSTON, July 29- A high-stakes dispute over a tanker carrying $100 million in Iraqi Kurdish crude took a surprising turn on Tuesday when a U.S. judge said she lacked jurisdiction given the ship's distance from the Texas shore and urged that the case be settled in Iraq.

  • Anadarko Petroleum 2Q profit drops 76 percent Tuesday, 29 Jul 2014 | 5:31 PM ET

    THE WOODLANDS, Texas— Anadarko Petroleum Corp. on Tuesday reported net income that declined by 76 percent in its second quarter, and missed analysts' expectations. The company based in The Woodlands, Texas, said earnings declined to $227 million, or 45 cents per share, from $929 million, or $1.83 per share, in the same quarter a year earlier.

  • *EU reaches deal on Russia sanctions, prompts short rally. NEW YORK, July 29- Brent crude ended slightly higher on Tuesday as new sanctions on Russia looked set to worsen relations between Moscow and the West, while U.S. prices slipped after a Kansas refinery fire curbed demand for WTI crude.

  • Senate bill would end NSA phone records collection Tuesday, 29 Jul 2014 | 4:57 PM ET

    Patrick Leahy on Tuesday introduced a bill to end the National Security Agency's bulk collection of phone records, a proposal that goes further than a similar House measure and has drawn support from civil liberties groups, the White House and Republicans.

  • JUDGE SAYS' COURT HAS NO JURISDICTION' OVER KURDISH CRUDE TANKER NEAR TEXAS AFTER IRAQ'S LAWYER SAYS IT IS ABOUT 60 MILES OFFSHORE.

  • NEW YORK, July 29- A U.S. federal appeals court has upheld a $67 million jury verdict against TD Bank, part of Canada's Toronto-Dominion Bank, for helping convicted former lawyer Scott Rothstein run a Florida Ponzi scheme that cost investors more than $1 billion.

  • HOUSTON/ BAGHDAD, July 29- Iraq scrambled to gain control of a cargo of Kurdish oil worth $100 million off the Texas coast on Tuesday after the U.S. ordered its seizure in a bid by Baghdad to halt oil sales by the autonomous region of Kurdistan.

  • NEW YORK, July 29- A federal appeals court has upheld a $67 million jury verdict against TD Bank, part of Canada's Toronto-Dominion Bank, for helping convicted former lawyer Scott Rothstein run a Florida Ponzi scheme that cost investors more than $1 billion.

  • US bars Kurdish oil from entering Texas port Tuesday, 29 Jul 2014 | 2:44 PM ET

    FORT WORTH, Texas— The U.S. has barred a shipment of Kurdish crude oil from reaching the Texas coast amid concerns independent oil sales from Kurdistan could further weaken Iraq's fragile central government as it struggles to contain a Sunni military offensive.

  • WASHINGTON, July 29- Corporations that move their tax domiciles abroad would be denied federal contracts under legislation offered on Tuesday by Democrats in the U.S. Congress, targeting tax-driven deals known as inversions.

  • July 29- CVR Refining's 115,000- barrel-per-day refinery in Coffeyville, Kansas, was shut on Tuesday after a fire broke out at a unit that upgrades gasoline, injuring four employees.

  • July 29- Four employees were hurt in a fire at CVR Refining's 115,000- barrel-per-day refinery in Coffeyville, Kansas, after a fire broke out at an isomerization unit early on Tuesday, the company said in a statement.

  • HOUSTON/ LONDON, July 29- U.S. authorities were set on Tuesday to seize a cargo of crude worth more than $100 million from Iraqi Kurdistan anchored off the Texas coast after a judge approved a request from Baghdad, raising the stakes in an oil sales dispute between Iraq's central government and the autonomous region.

  • House to vote on slimmed-down bill for border Tuesday, 29 Jul 2014 | 10:13 AM ET

    WASHINGTON— House Republicans unveiled a slimmed-down bill Tuesday to address the immigration crisis on the U.S.- Mexico border by sending in National Guard troops and speeding migrant youths back home.

  • Lottery ticket would aid Missouri veterans Tuesday, 29 Jul 2014 | 9:50 AM ET

    Several states already allocate some lottery revenue to veterans, including three of Missouri's neighbors— Kansas, Iowa and Illinois— along with Texas and West Virginia.