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  • Airlines report big 2Q profits on strong demand Thursday, 24 Jul 2014 | 3:18 PM ET

    American Airlines announced Thursday that it would pay its first dividend in 34 years, and both American and United Airlines announced big plans to buy back their own stock, a strategy designed to boost the value of remaining shares.

  • *Washington has concerns about Kurdish sales, Iraq split. A sale of Kurdish crude oil to a U.S. refinery would infuriate Baghdad, which sees such deals as smuggling, and raises questions about Washington's commitment to preventing oil sales from the autonomous region.

  • WASHINGTON, July 24- Gas-rich states such as Texas should have the easiest time complying with planned Environmental Protection Agency regulations on carbon pollution from power plants, despite opposition from their lawmakers, a new study says.

  • Charles Schwab to add 1,200 jobs in Texas Thursday, 24 Jul 2014 | 1:58 PM ET

    AUSTIN, Texas— Charles Schwab Corp. is getting nearly $6 million in incentives from Texas to open an El Paso operations center and increase its presence in Austin, creating more than 1,200 jobs.

  • Varying health premium subsidies worry consumers Thursday, 24 Jul 2014 | 12:24 PM ET

    MIAMI— Linda Close was grateful to learn she qualified for a sizable subsidy to help pay for her health insurance under the new federal law. The Associated Press has reviewed Close's various subsidy amounts and dates to verify the information, but she asked that her financial information and medical history not be published for privacy reasons.

  • Energy Future seeks longer bankruptcy as it scraps plan Thursday, 24 Jul 2014 | 12:08 PM ET

    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.

  • 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.

  • AAA: Texas retail gasoline prices slip 4 cents Thursday, 24 Jul 2014 | 11:41 AM ET

    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.

  • 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.

  • Noble Energy 2Q profit falls 49 percent Thursday, 24 Jul 2014 | 11:23 AM ET

    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.

  • FACTBOX-Proposed U.S. nuclear power reactors Thursday, 24 Jul 2014 | 9:49 AM ET

    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.

  • Southwest reports record profit of $465M for 2Q Thursday, 24 Jul 2014 | 9:10 AM ET

    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.

  • How states fared on unemployment benefit claims Thursday, 24 Jul 2014 | 8:58 AM ET

    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.

  • American Airlines boosts profit on higher revenue Thursday, 24 Jul 2014 | 8:45 AM ET

    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.

  • American Airlines to pay first dividend since 1980 Thursday, 24 Jul 2014 | 7:55 AM ET

    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.

  • Breitburn buying QR Energy in $1.46 billion deal Thursday, 24 Jul 2014 | 7:02 AM ET

    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.

  • Texas governor's startup fund is not all it seems Thursday, 24 Jul 2014 | 2:36 AM ET

    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.

  • Cruz demands answers on FAA flight ban to Israel Thursday, 24 Jul 2014 | 12:30 AM ET

    The FAA ended the ban late Wednesday, after Cruz accused Obama of imposing an economic boycott of Israel while it is fighting the militant group Hamas in Gaza.

  • US lifts ban on flights to Tel Aviv airport Thursday, 24 Jul 2014 | 12:15 AM ET

    WASHINGTON— The Federal Aviation Administration has lifted its ban on U.S. flights in and out of Israel.

  • Cruise passengers recount horror stories to Senate Wednesday, 23 Jul 2014 | 8:14 PM ET

    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.