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Top News & Analysis Texas

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  • NEW YORK— Energy company ConocoPhillips, which has already cut 1,000 jobs this year, says it will eliminate around 1,810 more positions following a plunge that took oil prices to their lowest levels in years. ConocoPhillips plans to eliminate more than 500 jobs in Houston, where it is based. ConocoPhillips had 18,100 employees on June 30.

  • JERUSALEM— Egypt's new natural gas bonanza is causing an uproar in Israel, with energy stocks plummeting and recriminations over indecisiveness and infighting that have delayed production from the country's own gas fields. The government is currently struggling to get parliament to approve its natural gas business plan, but observers fear Israel may need...

  • Customers in Chicago, Los Angeles and parts of New York can order other items from the convenience store chain, including chicken wings, cold medicine and paper towels. Stores in Washington D.C. and Boston will offer delivery in the coming months, the companies said, and more cities are planned. McDonald's, Chipotle and Starbucks are working with delivery company...

  • Giant wind turbines in Palm Springs, California.

    Electricity generated by US wind farms are falling and the drop could intensify as the El Niño weather phenomenon holds back wind speeds, FT reports.

  • NEW YORK— Comcast, which became a TV powerhouse by signing up Generation Xers, baby boomers and their parents, now is fighting for millennial eyeballs. The TV giant is investing in online media outlets like BuzzFeed and Vox that attract young viewers. It's setting up a streaming TV service for millennials who don't watch a boob tube.

  • AMARILLO, Texas— Six people face federal charges after the cabin crew and passengers of a Southwest Airlines flight said they behaved in such an aggressive and hostile manner that the flight made an unscheduled landing in Amarillo, Texas. All are jailed without bond in the Randall County Jail in nearby Canyon, Texas, pending a federal detention hearing in...

  • Bazaarvoice reports 1Q loss Monday, 31 Aug 2015 | 4:12 PM ET

    AUSTIN, Texas _ Bazaarvoice Inc. on Monday reported a loss of $10.2 million in its fiscal first quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share. Bazaarvoice shares have decreased 34 percent since the beginning of the year.

  • BRENHAM, Texas— The Texas hometown of Blue Bell Creameries received a nearly $1.4 million federal grant the same day ice cream sales resumed after cleanup from listeria contamination. Blue Bell products went back on the market Monday, in parts of Texas and Alabama, after four months of voluntary suspended sales. Representatives of the U.S. Department of...

  • WASHINGTON— Aides to Hillary Rodham Clinton at the State Department complained about the limitations of using email to discuss sensitive diplomatic information, according to the latest batch of emails released by the agency from Clinton's tenure as secretary of state. The email appears to focus on civil unrest in Iran during the period preceding the Green...

  • Blue Bell Creameries resumed selling its products at some locations Monday, four months after the Texas- based retailer halted sales due to listeria contamination at some plants prompted health concerns that drew the regulatory scrutiny of federal and state officials. Blue Bell ice cream is available again at stores in the Houston and Austin areas,...

  • Trump's mass deportation idea was tried in the 1930s Sunday, 30 Aug 2015 | 8:24 AM ET

    ALBUQUERQUE, N.M.— Republican presidential candidate Donald Trump's call for mass deportation of millions of immigrants living in the U.S. illegally, as well as their American-born children, bears similarities to a large-scale removal that many Mexican-American families faced 85 years ago. During that time, immigrants were rounded up and sent to Mexico,...

  • NEW YORK, Aug 30- Berkshire Hathaway Inc's $37 billion deal for aerospace supplier Precision Castparts Corp is encouraging investors to consolidate the fragmented aircraft components industry, even as Boeing Co uses its clout as the world's biggest plane maker to put a check on some deals. Private equity and strategic buyers have been pouring into the sector,...

  • Berkshire Hathaway builds stake in refiner Phillips 66 Saturday, 29 Aug 2015 | 3:07 PM ET

    Billionaire investor Warren Buffett's company has amassed a stake worth nearly $4.5 billion in Phillips 66 more than a year after trading a chunk of its holding in the oil refiner for a chemical business investment. A regulatory filing says Berkshire Hathaway Inc. has accumulated about 58 million shares, which amounts to more than 10 percent of the Houston...

  • In reversal, abundant grain trains available for harvest Saturday, 29 Aug 2015 | 10:33 AM ET

    The reversal is attributed to unprecedented spending on track upgrades, political pressure from politicians in agriculture-rich states and a drastic decrease in trains hauling crude and freight to and from western North Dakota's oil-producing region. "There had been some uncertainties but it has gradually gotten better," said Josh Mardikian, grain...

  • Aug 28- Wall Street ended a tumultuous week with a flat close on Friday as investors shrugged off concerns that a September rate rise was more likely than some investors expected. "A lot of investors are rebalancing their portfolios before going into the weekend," said Randy Frederick, managing director of trading and derivatives for Charles Schwab in Austin.

  • Aug 28- Wall Street was moderately lower on Friday afternoon after comments by a top Federal Reserve official suggested that a September rate rise was more likely than some investors expected. Many on Wall Street have hoped the recent global market turbulence and worries about China's economy would lead the Fed to hold off raising rates, an expectation...

  • NEW WINDSOR, N.Y.— A pilot died when his propeller-driven stunt plane crashed while he was practicing tricks for a weekend air show in New York's Hudson Valley, state police said Friday. Trooper Steven Nevel said the accident happened around 2 p.m. Friday at Stewart International Airport in the Orange County town of New Windsor, where the New York Air Show is...

  • *U.S. heading in the direction of rate hike- Fed's Fischer. Aug 28- U.S. stocks looked set to snap a two-day rally on Friday after comments by a top Federal Reserve official appeared to suggest that a September rate rise was still possible. Fed Vice Chairman Stanley Fischer said the United States was heading in the direction of higher rates and that recent economic...

  • GameStop falls on outlook analysts call 'conservative' Friday, 28 Aug 2015 | 12:30 PM ET

    NEW YORK— Shares of GameStop skidded Friday after the video game retailer reported strong second-quarter results but gave a forecast that disappointed Wall Street. GameStop said sales of downloadable content for "Batman: Arkham Night" and "Witcher 3" powered its results, and the company's adjusted profit and revenue came in above Wall Street estimates.

  • US STOCKS-Wall St slips after Fischer's remarks Friday, 28 Aug 2015 | 12:24 PM ET

    *Freeport-McMoRan rises after Icahn discloses stake. Aug 28- U.S. stocks slipped on Friday after comments from an influential member of the U.S. Fed Vice Chairman Stanley Fischer said the United States was heading in the direction of higher rates and that recent economic data had been impressive.