The team will assess whether a National Guard deployment would help to handle the immigration crisis at the Mexican border.» Read More
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.
HOUSTON, July 23- U.S. oil and gas company Apache Corp told Reuters it is looking at ways to wring more cash out of its valuable mineral rights, as it and other energy companies face investor pressure to tap more profits from the North American shale boom.
PROVIDENCE, R.I.— The parent company of Gatehouse Media LLC on Tuesday announced an agreement to buy The Providence Journal and related print and digital assets from A.H. Belo Corp. for $46 million cash.
CALGARY, Alberta, July 22- Canada's largest pipeline company Enbridge Inc may build a 140,000 barrel per day unit train unloading terminal in Pontiac, Illinois, to relieve congestion on its crude oil export network.
WASHINGTON— Senate Democrats prepared Tuesday to whack $1 billion from President Barack Obama's emergency spending request for the border, while leaving out policy changes Republicans have demanded as their price for agreeing to any money.
IRVING, Texas— Exxon Mobil Corp. has said it will comply with the new protections for gay and transgender employees required of federal contractors, while still sidestepping the question of whether it will formalize that by changing the language of its corporate policy.
IRVING, Texas— Kimberly-Clark Corp. on Tuesday reported earnings that decreased by 3.2 percent in its second quarter. The Irving, Texas- based company said profit fell to $509 million, or $1.35 per share, from $526 million, or $1.36 per share, in the same quarter a year ago.
The new additions, who joined Deutsche Asset& Wealth Management from BlackRock Inc and TS Capital LLC, are part of a broader expansion effort as Deutsche looks to build out its ETP footprint in the United States. He was formerly a director for BlackRock's iShares sales and distribution strategy team and has spent nearly 15 years covering exchange-traded funds.
NEW YORK— Six seconds isn't a long time, but Vine superstar Shawn Mendes made the time count when posting cover songs on the social media platform. The teen singer says he would pick the hits he would cover— and the sections of the tracks— and post them on Vine to showcase his talents and grab positive attention.
JERUSALEM— A rocket fired from the Gaza Strip landed near Israel's main airport Tuesday, wounding one Israeli and prompting at least two American airlines to cancel flights to Israel in a reflection of high anxiety over air travel after last week's attack on a Malaysian jet over Ukraine.
SAN FRANCISCO, July 21- Texas Instruments Inc said it expects higher third-quarter revenue following recently improved demand for chips used in cars, industrial equipment and communications gear.
DALLAS— Texas Instruments Inc. on Monday reported profit that climbed 3.5 percent in its second quarter, topping analysts' expectations. The Dallas- based company said profit increased to $683 million, or 62 cents per share, from $660 million, or 58 cents per share, in the same quarter a year earlier.
SAN FRANCISCO, July 21- Texas Instruments Inc said it expects higher third-quarter revenue following recently improved demand for chips used in cars, industrial equipment and communications gear. Chief Financial Officer Kevin March said Texas Instruments' customers appeared to be holding lean inventories of chips, which should help maintain demand.
It once owned a handful of stores in New York City, Seattle and Philadelphia but closed most, including one in Times Square, in 2010.. At the same time Starbucks Corp last week opened its first store in Colombia 43 years after the world's biggest coffee chain began buying beans from the country famous for its premium arabica coffee.
MEXICO CITY, July 21- Mexico's national power company CFE said on Monday it will offer $2.8 billion in natural gas and electricity infrastructure project contracts by the end of this year aimed at boosting economic growth.
July 21- Delta Air Lines Inc, trying to boost savings on manufacturing of jet fuel, said on Monday it reached a five-year agreement with a Dallas energy company for 65,000 daily barrels of U.S. crude oil to be supplied to its Pennsylvania refinery.
MIDLAND, Texas— Diamondback Energy will spend about $538 million to acquire drilling interests in Texas' Midland Basin. That money will go toward an earlier asset acquisition in West Texas. Shares of Diamondback Energy Inc. slipped 23 cents to $86.43 in morning trading Monday.
GRAND PRAIRIE, Texas— Six Flags Entertainment Corp. on Monday reported earnings that climbed by 40 percent in its second quarter. The Grand Prairie, Texas- based company said earnings rose to $66.3 million, or 67 cents per share, from $47.4 million, or 47 cents per share, in the same quarter a year ago.
NEW YORK— CBS Outdoor Americas Inc. said Monday that it will buy about 1,100 billboards from rival Van Wagner Communications for $690 million in cash, giving the outdoor advertising company control of more billboards in some of the largest cities around the country.
HOUSTON— Halliburton Co. said Monday that its second-quarter earnings rose 20 percent, and it raised its share buyback authorization to $6 billion. The Houston- based company, which provides drilling services to oil and gas operators, earned $774 million, or 91 cents per share, for the period ended June 30.