While manufacturing alone no longer dominates the state's economy, its fortunes still rise and fall with the health of the state's industries.» Read More
NEW YORK— RadioShack is in talks with a major vendor about modifying a commercial agreement as the electronics retailer teeters close to bankruptcy protection. Earlier this month, RadioShack Corp. warned that it may need to file for Chapter 11 bankruptcy protection. Shares of RadioShack rose 3 cents to reach 94 cents in premarket trading.
HOUSTON, Sept 22- The fast-changing nature of crude oil flows in the Americas means only one of three Citgo refineries in the United States will generate keen interest among buyers as Venezuela's cash-strapped state-run PDVSA looks to sell its U.S. unit, and it may fetch less money than hoped, experts say.
HOUSTON— German electronics and engineering company Siemens AG has reached a deal to acquire oilfield equipment maker Dresser-Rand for $7.6 billion. Under the deal announced early Monday in Germany, Siemens will pay $83 per common share of Dresser-Rand Group Inc., $3.09 more than the company's closing share price on Friday.
BERLIN/ PARIS, Sept 21- Germany and France will try to reconcile divergent visions of how to fix Europe's economy on Monday when Manuel Valls makes his first visit to Berlin as French prime minister and holds talks with Angela Merkel.
More pension funds consider divesting from hedge funds, due to poor performance and high costs. NYT reports.
OKLAHOMA CITY— An Oklahoma City-based energy company has unveiled a new formation in south-central Oklahoma that the company's CEO said will elevate the state as an oil producer.
While manufacturing alone no longer dominates the state's economy, its fortunes and the fate of its political leaders still rise and fall with the health of the industries that have shaped Ohio. After a decade that saw nearly four out of every 10 manufacturing jobs disappear, employment in manufacturing has grown each year in Ohio since Republican Gov.
The risks were clear to computer experts inside Home Depot: The chain, they warned for years, might be easy prey for hackers. NYT reports.
WASHINGTON, Sept 19- Exxon Mobil said on Friday it will wind down drilling in Russia's Arctic in the face of U.S. sanctions targeting Western cooperation with Moscow's oil sector, after the Obama administration granted a brief extension to safely mothball its operations. Washington extended sanctions on Russia last week over its aggression in Ukraine.
FORT WORTH, Texas— A flight attendants' union says it has a tentative contract covering crews at American Airlines and US Airways. The union said Friday that negotiators reached an agreement with American Airlines Group Inc. with industry-leading terms. Shares of American Airlines fell $1.42, or 3.7 percent, to close at $36.63.
*Wage inflation is already emerging in Texas: Fisher. Sept 19- The United States could be on the verge of a worrisome surge in wages if unemployment continues its downward trend, based on research Dallas Federal Reserve Bank President Richard Fisher presented to his colleagues at the Fed's policy-setting meeting this week.
NEW YORK, Sept 19- Frustrated by what he describes as a lack of political courage, a former president of the U.S. unit of Royal Dutch Shell takes center stage in a new documentary film that makes the case for using alternative fuels in cars.
AUSTIN, Texas— The Texas unemployment rate rose slightly last month, representing the first increase in the rate this year, state officials said Friday. Major industries across the board in Texas continued to show growth, with the workforce commission saying the state added 20,100 jobs last month.
WASHINGTON, Sept 19- Oil major Exxon Mobil said on Friday the U.S. Treasury Department had granted it a license to wind down operations on a drilling well in the Kara Sea in the Russian Arctic that has been targeted by U.S. sanctions. Washington intensified sanctions on Russia last week over its intervention in Ukraine.
Sept 19- A U.S. federal judge in Texas ordered Bitcoin Savings and Trust and its owner to pay a combined $40.7 million after the Securities and Exchange Commission established that the company, which sold investments using the virtual currency, was a Ponzi scheme.
WASHINGTON, Sept 19- U.S. oil major Exxon Mobil said on Friday the U.S. Treasury Department granted it a license to wind down operations on a drilling well in the Kara Sea in the Russian Arctic that has been targeted by U.S. sanctions. Washington intensified sanctions on Russia last week to punish Moscow for its intervention in Ukraine.
HOUSTON, Sept 19- To capitalize on a flood of domestic and Canadian crude into the U.S. Gulf Coast, logistics giant Kinder Morgan Energy Partners is spending more than $1.5 billion in Houston to build the most flexible oil and fuel transport hub in the country.
NEW YORK, Sept 19- Alibaba Group Holding Ltd's shares surged by more than 40 percent in their first day of trading on Friday as investors jumped in to buy what looks likely to be the largest IPO in history.
Alibaba expected to rise in trading debut on heavy interest. NEW YORK- Alibaba Group Holding Ltd's shares surge 41 percent to $96.02 on their first day of trading as many investors who received fewer shares than hoped lined up orders to buy what looks likely to be the largest IPO in history. Wall St rises as Scots stay in UK, Alibaba debuts.
NEW YORK, Sept 19- Alibaba Group Holding Ltd's shares are expected to surge in their first day of trading on Friday as many investors that received fewer shares than hoped lined up orders to buy what looks likely to be the largest IPO in history.