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Top News & Analysis Texas

  • Chinese companies and investors eyeing U.S. assets could face more roadblocks as a result, at a time when the Chinese government is also restricting the flow of capital out of China following a bonanza of Chinese overseas deals. CFIUS's more conservative stance towards deals coincides with growing political and economic tensions between the United States...

  • WASHINGTON/ HOUSTON, July 20- Exxon Mobil Corp sued the U.S. government on Thursday, blasting as "unlawful" and "capricious" a $2 million fine levied against it for a three-year-old oil joint venture with Russia's Rosneft. The U.S. Treasury Department on Thursday morning slapped the world's largest publicly traded oil producer with the fine for "reckless disregard"...

  • BOSTON, July 20- Chipotle Mexican Grill Inc shares fell to a four-year low on Thursday after testing confirmed Norovirus in a customer who ate at one of the chain's Virginia restaurants and a video of rodents crawling on the floor of a Dallas shop went viral. Testing confirmed Norovirus in one customer who ate at the Virginia Chipotle restaurant that was briefly...

  • SAN FRANCISCO/ WASHINGTON, July 20- Tech entrepreneur Elon Musk on Thursday said he had received "verbal" approval to start building an ultra-high-speed underground transport system linking New York and Washington that would cut travel time between the cities to about half an hour. Musk recently started an enterprise called the Boring Company to build...

  • BOSTON, July 20- Chipotle Mexican Grill Inc shares fell 4.5 percent on Thursday after testing confirmed Norovirus in a customer who ate at the one of the chain's Virginia restaurants and a video of rodents crawling on the floor of a Dallas shop went viral. Testing confirmed Norovirus in one customer who ate at the Virginia Chipotle restaurant that was briefly...

  • Some customers were buying it to help in the bedroom, but FDA spokeswoman Lyndsay Meyer said it is not clear if the product works like Viagra. No injuries have been reported, but the FDA says the undeclared ingredient could interact with prescription medicine and lower blood pressure to dangerous levels. The FDA advised customers not to purchase the coffee last...

  • Elon Musk

    Despite Musk tweeting he was optimistic about his tunnel going up quickly, red tape has a way of slowing things down.

  • ABILENE, Texas _ First Financial Bankshares Inc. on Thursday reported second-quarter profit of $28.3 million. The bank, based in Abilene, Texas, said it had earnings of 43 cents per share. Keywords: First Financial Bankshares, Earnings Report.

  • The arrangement with Venezuela's state-owned oil firm, PDVSA, has drawn fire from U.S. senators who do not want Russia in a position to own a substantial stake of U.S.-based energy assets in potential violation of existing economic sanctions. President Donald Trump threatened to impose "strong economic actions" on Venezuela unless embattled leftist...

  • MINNEAPOLIS— Target Corp. is ending the Cartwheel Perks rewards program that it began testing in five markets last year. The Star Tribune reports that the program was part of the company's Cartwheel app, which provides in-store shoppers with digital coupons for extra savings when they check out. The rewards program was tested in Denver, Houston,...

  • WASHINGTON— The Latest on the United States punishing Exxon Mobil for violating U.S. sanctions on Russia with a $2 million fine:. Exxon Mobil is suing the U.S. government to stop a $2 million fine on the oil giant for violating U.S. sanctions on Russia. The Treasury Department says it is slapping Exxon Mobil Corp. with a $2 million fine for violating Russia sanctions...

  • WASHINGTON/ HOUSTON, July 20- The United States on Thursday admonished Exxon Mobil Corp for "reckless disregard" of U.S. sanctions in dealings with Russia in 2014 when Secretary of State Rex Tillerson was the global oil company's chief executive, and fined it $2 million. The fine came after a U.S. review of deals Exxon signed with top Russian oil producer Rosneft...

  • He recently started a project, the Boring Company, to build transport tunnels for the system, which he says would be far faster than current high-speed trains and use electromagnetic propulsion. In tweets on Thursday Musk said he had "just received verbal government approval for the Boring Company to build an underground NY-Phil-Balt-DC hyperloop.

  • DALLAS _ ClubCorp Holdings Inc. on Thursday reported second-quarter net income of $668,000. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 16 cents per share. ClubCorp shares have increased 18 percent since the beginning of the year.

  • DALLAS— The ban on laptops in the cabins of planes flying from the Middle East to the U.S. is over, as federal officials say that large airports in the region have taken other steps to increase security. A spokesman for the Department of Homeland Security said Thursday that all airlines and airports with flights departing for the U.S. had met the agency's first...

  • NEW YORK— A person who reported eating at a Chipotle in northern Virginia has tested positive for norovirus. Overall, one out of six Americans get sick each year by consuming contaminated food or drinks, according to the Centers for Disease Control and Prevention. The Loudoun County Health Department in Virginia, outside Washington, D.C., says it is still awaiting...

  • The groups, including the North Dakota Petroleum Council, maintain their input is important because none of the parties in a lawsuit over the $3.8 billion pipeline to move North Dakota oil to Illinois speaks for the general oil industry. Texas- based pipeline developer Energy Transfer Partners says it would cost at least $20 million and as much as $234 million...

  • He recently started a project, the Boring Company, to build transport tunnels. In tweets on Thursday he said he had "just received verbal government approval for the Boring Company to build an underground NY-Phil-Balt-DC hyperloop. Without clarifying, he also tweeted that a first set of tunnels would be to "alleviate greater LA urban congestion," adding that the...

  • CHICAGO— President Donald Trump's administration has ended Affordable Care Act contracts that brought assistance into libraries, businesses and urban neighborhoods in 18 cities, meaning shoppers on the insurance exchanges will have fewer places to turn for help signing up for coverage. People will have 45 days to shop for 2018 coverage, starting Nov. 1 and...

  • FORT WORTH, Texas— An environmental group is attempting to force the U.S. Environmental Protection Agency to tighten Texas air pollution control permits that it says have loopholes that allow for illegal emissions, according to five federal lawsuits filed against the agency Thursday. The suits brought by a coalition led by the Washington, D.C.- based...