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Top News & Analysis Texas

  • WASHINGTON, May 23- A Trump administration plan to sell off half the U.S. emergency crude oil stockpile to help balance the budget faces opposition in Congress, with lawmakers from both parties worried the proposal would undermine the drilling industry and make the country vulnerable to supply shocks. The White House's 2018 budget proposal, sent to Congress on...

  • WASHINGTON— President Donald Trump's first budget proposal, snubbed by some Republican allies, is just the latest example of an administration that seems at times clueless or indifferent toward Congress. Two weeks ago, Trump fired FBI Director James Comey with little to no heads-up to GOP leaders, some of whom were left struggling to explain, much less defend,...

  • DALLAS— Without the shocking video, it's unlikely that the world would have learned or cared about the violent manhandling of a 69- year-old man on a plane last month. American, Delta and Southwest have similar policies. This month, a United ticket agent ordered a passenger's reservation canceled as he filmed her while disputing a $300 baggage fee in the New...

  • CHICAGO— United Airlines CEO Oscar Munoz is likely to face questions from shareholders Wednesday about the rough removal of a passenger from a flight, an incident that sparked weeks of bad publicity. United Continental Holdings Inc. spokeswoman Megan McCarthy said the meeting is expected to last about an hour, with much of the time reserved for questions to...

  • In his first detailed budget submission to Congress on Tuesday, Trump requested major reductions to programs that help poor families afford groceries and poor and disabled people get healthcare. Some Republicans in Congress cheered Trump's budget. They're really deep, deep cuts, "said Republican Representative Hal Rogers, whose eastern Kentucky district...

  • HOUSTON, May 23- Saudi Aramco plans an investment of up to $30 billion in its U.S. subsidiary Motiva Enterprsies LLC, the company said in an announcement at a business summit in Saudi Arabia. The company said that $12 billion would be the initial investment in a project to expand refining capacity at Motiva's Port Arthur, Texas, refinery, already the largest in the...

  • WASHINGTON, May 23- A Trump administration plan to sell off half the U.S. emergency crude oil stockpile to help balance the budget faces opposition in Congress, with lawmakers from both parties worried the proposal would undermine the drilling industry and make the country vulnerable to supply shocks. The White House's 2018 budget proposal, sent to Congress on...

  • HOUSTON, May 23- Saudi Aramco plans an investment of up to $30 billion in its U.S. subsidiary Motiva Enterprsies LLC, the company said in an announcement on Saturday at a business summit in Saudi Arabia. The company said that $12 billion would be the initial investment in a project to expand refining capacity at Motiva's Port Arthur, Texas, refinery and extend...

  • In his first detailed budget submission to Congress on Tuesday, Trump requested major reductions to programs that help poor families afford groceries and poor and disabled people get healthcare. Some Republicans in Congress cheered Trump's budget. They're really deep, deep cuts, "said Republican Representative Hal Rogers, whose eastern Kentucky district...

  • HOUSTON _ Bristow Group Inc. on Tuesday reported a loss of $78 million in its fiscal fourth quarter. On a per-share basis, the Houston- based company said it had a loss of $2.22. For the year, the company reported that its loss widened to $170.5 million, or $4.87 per share.

  • NEW YORK, May 23- A New York state appeals court on Tuesday ruled that Exxon Mobil Corp should be compelled to turn over records in an investigation into how much the company knew about global warming as it continued to publicly downplay the effects it was expected to have on the fossil fuel industry. Exxon has been battling subpoenas from New York Attorney...

  • COPPELL, Texas _ The Container Store Group Inc. on Tuesday reported fiscal fourth-quarter earnings of $8.4 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share. Container Store expects full-year earnings to be 25 cents to 35 cents per share, with revenue in the range of $830 million to $850...

  • "I saw a lot of anti-patent people doing a victory dance yesterday without really understanding what this decision means," said David Pridham, chief executive of Dominion Harbor Group, a Texas- based company that buys patents and seeks to license them to other companies. "According to PricewaterhouseCoopers, 39 percent of all patent lawsuits in fiscal year 2016...

  • *White House proposes to sell half of U.S. *White House plan can be rejected by Congress. The White House budget, delivered to Congress on Tuesday, proposes to start selling SPR oil in fiscal 2018, which begins on Oct. 1.

  • MEXICO CITY— A major commercial border crossing between the U.S. and Mexico will remain closed this week as a result of damaging winds and rain. U.S. Customs and Border Protection says in a statement that the World Trade Bridge connecting Nuevo Laredo, Mexico, and Laredo, Texas, will hopefully reopen on May 29. Strong winds Sunday afternoon ripped roofing off...

  • Coca-Cola, AT&T and JetBlue became the latest sponsors to skip the June 11 Puerto Rican Day parade along Manhattan's Fifth Avenue. He was a member of the Armed Forces of National Liberation, or FALN, which claimed responsibility for more than 100 bombings around the U.S. and Puerto Rico in the 1970 s and 1980 s, including a blast that killed four people at New York's...

  • WASHINGTON— The Latest on President Donald Trump's budget for the fiscal year beginning Oct. 1:. President Donald Trump's $4.1 trillion budget plan is drawing rebukes, even from some Republican allies, for its politically unrealistic cuts to the social safety net and a broad swath of other domestic programs. Congressional Democrats are harshly criticizing...

  • President Donald Trump's White House wants to sell half of the nation's emergency oil stockpile and open the Alaska National Wildlife Refuge to drilling as part of plans to balance the budget over the next 10 years, documents by the administration showed. The White House budget, which will be delivered to Congress on Tuesday, is meant as a proposal and may not...

  • WASHINGTON— President Donald Trump fulfilled a major campaign promise Tuesday, proposing a $4.1 trillion budget plan that would upend Washington in a big way. "Basically dead on arrival," opined the Senate's No. 2 Republican, John Cornyn of Texas. The plan is laced with $3.6 trillion in cuts to domestic agencies, food stamps, Medicaid, highway funding, crop insurance...

  • LOS ANGELES— A man acted strangely long before he caused a disturbance on a plane that prompted fighter jets to accompany it to Hawaii, but a lack of communication and an airline's hesitancy to be caught on video booting a passenger could have played a role in allowing him to fly, experts say. Anil Uskanli, 25, of Turkey, had purchased a ticket at an airline counter in...