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Top News & Analysis Texas

  • CARACAS/ PUNTO FIJO, Venezuela, March 22- G rumbling Venezuelans were lining up for scarce gasoline across the OPEC nation on Wednesday, due to mounting oil industry woes in the country with the world's largest crude reserves. Venezuela, which also has the world's cheapest gasoline, has wrestled with intermittent gasoline shortages in recent months, especially...

  • NEW YORK, March 22- Chinese telecom equipment maker ZTE Corp on Wednesday pleaded guilty in U.S. federal court in Texas for conspiring to violate U.S. sanctions by illegally shipping U.S. goods and technology to Iran. District Judge Ed Kinkeade in Dallas accepted the company's plea to three charges: conspiring to export American-made items to Iran without a...

  • NEW YORK, March 22- Chinese telecom equipment maker ZTE Corp on Wednesday pleaded guilty in U.S. federal court in Texas for illegally shipping U.S. goods and technology to Iran. The company admitted to three charges: conspiring to export American-made items to Iran without a license from the U.S. government, obstructing justice, and making a material false...

  • ADDISON, Texas _ Transatlantic Petroleum Ltd. on Wednesday reported a loss of $5.7 million in its fourth quarter. The Addison, Texas- based company said it had a loss of 12 cents per share. For the year, the company reported a loss of $6.2 million, or 14 cents per share, swinging to a loss in the period.

  • CALGARY, Alberta, March 22- Canada's Enbridge Inc said on Wednesday it would cut about 1,000 positions, or 6 percent of its work force, after buying Spectra Energy Corp of Houston, the first layoffs for the combined energy infrastructure company, the biggest in North America. The takeover announced last year, the most significant energy deal since oil and natural...

  • *S&P 500 touches 5- week low after sinking 1.2 pct Tuesday. *Bonds gain as concerns about Washington gridlock grow. NEW YORK, March 22- Most U.S. and European share indexes fell or were little changed on Wednesday as concerns over potential delays to President Donald Trump's pro-growth policies again unnerved investors, while safe-haven gold, U.S.

  • CALGARY, Alberta— Enbridge Inc. says it is cutting about 1,000 jobs or 6 percent of its workforce following the takeover of Houston- based Spectra Energy. The Calgary, Alberta- based Enbridge said Wednesday it is laying off people to address overlaps in the combined company's organizational structure after acquiring Spectra late last month.

  • NEW YORK— The big snowstorm in the U.S. The period from December through February was the sixth-warmest winter on record, according to the National Oceanic and Atmospheric Administration, the U.S. government agency that compiles statistics about the weather. The average January temperature in the lower 48 states, which excludes Alaska and Hawaii, was 33.6...

  • *S&P 500 touches 5- week low after sinking 1.2 pct Tuesday. *Bonds gain as concerns about Washington gridlock grow. NEW YORK, March 22- Most U.S. and European share indexes fell on Wednesday as concerns over potential delays to President Donald Trump's pro-growth policies again unnerved investors, while safe-haven gold, U.S.

  • A prominent Republican moderate from Pennsylvania says he'll be voting against the GOP health care bill expected to go to the House floor Thursday. Charlie Dent, whose district spans counties north and west of Philadelphia, said in a statement Wednesday night that the GOP's American Health Care Act "will lead to the loss of coverage and make insurance...

  • *Gold rises to three-week high; dollar falls. March 22- The S&P 500 and the Nasdaq were little changed on Wednesday as investors increasingly worried whether President Donald Trump will be able to push ahead with his pro-growth policies. The Dow was lower in morning trading, dragged down by a 6.2 percent fall in Nike after the world's largest footwear maker's...

  • *Gold rises to three-week high; dollar falls. March 22- U.S. stocks looked set to open slightly lower on Wednesday, a day after Wall Street posted its biggest one-day fall since the November election, as investors fret about potential delays to President Donald Trump's pro-growth policies. "The markets were reminded yesterday the' Trump trade' is not a one-way trade...

  • GARNER, Iowa/ MEXICO CITY, March 22- Farmers in the U.S. agricultural heartland that helped elect Donald Trump are now pushing his administration to avoid a trade dispute with Mexico, fearing retaliatory tariffs that could hit over $3 billion in U.S. exports. Pork producers contacted Trump's transition team soon after the Nov. 8 election to stress that...

  • WASHINGTON, March 21- Republicans considering whether or not to back U.S. As Trump and leaders in the House round up support for the bill ahead of a planned Thursday vote, some groups are threatening to retaliate against those who do support it, including the Club for Growth, the Heritage Foundation's political arm, and Americans for Prosperity, which is part of the...

  • The White House seemed to make progress after GOP opposition had snowballed a day before a showdown House roll call. The sessions came as leaders rummaged for votes on a roll call they can ill afford to lose without diminishing their clout for the rest of the GOP agenda. Most GOP opponents were conservatives asserting that the legislation demolishing former...

  • WASHINGTON— President Donald Trump's nominee to lead the Labor Department said Wednesday he won't allow potential political pressure from the administration to influence his hiring decisions and regrets he let that happen on his watch at the Justice Department. But Alexander Acosta, testifying before the Senate Health, Labor, Education and Pensions...

  • JUNEAU, Alaska— An Australian couple with roots in Alaska has bought more than two dozen radio stations in three states, marking the first time federal regulators have allowed full foreign ownership of U.S. radio stations. The Federal Communications Commission recently approved a request by Richard and Sharon Burns through their company Frontier Media to...

  • GARNER, Iowa/ MEXICO CITY, March 22- Farmers in the U.S. agricultural heartland that helped elect Donald Trump are now pushing his administration to avoid a trade dispute with Mexico, fearing retaliatory tariffs that could hit over $3 billion in U.S. exports. Pork producers contacted Trump's transition team soon after the Nov. 8 election to stress that...

  • WASHINGTON, March 21- Republicans considering whether or not to back U.S. As Trump and leaders in the House round up support for the bill ahead of a planned Thursday vote, some groups are threatening to retaliate against those who do support it, including the Club for Growth, the Heritage Foundation's political arm, and Americans for Prosperity, which is part of the...