Top News & Analysis Texas

  • John Stumpf faced more bipartisan outrage from the House Financial Services Committee, following a grilling he received last week from a Senate panel. U.S. and California regulators have fined San Francisco- based Wells Fargo $185 million, saying bank employees trying to meet sales targets, opened up to 2 million fake deposit and credit card accounts without...

  • NEW YORK— On Saturday, the U.S. government plans to cede control of some of the internet's core systems— namely, the directories that help web browsers and apps know where to find the latest weather, maps and Facebook musings. Probably not, although the subject has become a hot political issue for some conservatives. Here's a look at the systems in question and what's...

  • WASHINGTON— Fewer Americans signed contracts to buy homes in August, as a shortage of properties for sale is weighing on the market. The National Association of Realtors said Thursday its seasonally adjusted pending home sales index fell 2.4 percent last month to 108.5, its lowest reading since January. The number of signed contracts slumped sharply in the...

  • WASHINGTON, Sept 29- The U.S. Supreme Court on Thursday agreed to hear a challenge to a New York state law barring retailers from imposing surcharges on customers who make purchases with a credit card rather than cash. The court will hear an appeal filed by a group of merchants to a September 2015 ruling by the New York- based 2nd U.S. Circuit Court of Appeals that...

  • SAN ANTONIO— Prosecutors say a former United Airlines pilot must serve 41 months in federal prison for posting online nude photos of a Texas woman he once dated. Mark Joseph Uhlenbrock of Chesterfield, Missouri, was sentenced Wednesday in San Antonio after earlier pleading guilty to internet stalking. Investigators say the 62- year-old Uhlenbrock posted...

  • NEW YORK, Sept 29- Despite their current world of glamour, not everyone with a Hollywood ending grew up in glitz. For the latest installment of Reuters' "First Jobs" series, we talked to a few of those who have triumphed about their decidedly non- Hollywood first gigs. I had to drive a five-ton cube truck around to places like Santa Fe and Taos and Los Alamos, and many times I...

  • NEW YORK, Sept 29- Despite their current world of glamour, not everyone with a Hollywood ending grew up in glitz. For the latest installment of Reuters' "First Jobs" series, we talked to a few of those who have triumphed about their decidedly non- Hollywood first gigs. I had to drive a five-ton cube truck around to places like Santa Fe and Taos and Los Alamos, and many times I...

  • NEW YORK, Sept 29- Despite their current world of glamour, not everyone with a Hollywood ending grew up in glitz. For the latest installment of Reuters' "First Jobs" series, we talked to a few of those who have triumphed about their decidedly non- Hollywood first gigs. I had to drive a five-ton cube truck around to places like Santa Fe and Taos and Los Alamos, and many times I...

  • NEW YORK, Sept 29- Despite their current world of glamour, not everyone with a Hollywood ending grew up in glitz. For the latest installment of Reuters' "First Jobs" series, we talked to a few of those who have triumphed about their decidedly non- Hollywood first gigs. I had to drive a five-ton cube truck around to places like Santa Fe and Taos and Los Alamos, and many times I...

  • Sept 29- Wells Fargo& Co Chief Executive Officer John Stumpf returns to Capitol Hill on Thursday with his job under threat and the bank facing rising political pressure over a sales scandal that has become a major issue in Washington and on Wall Street. Stumpf will appear before the House Financial Services Committee, his second congressional appearance in...

  • OPEC reaches preliminary accord to curb oil production. OPEC nations reached a preliminary agreement to curb oil production for the first time since the global financial crisis eight years ago, in an effort to reduce a global glut of crude that has depressed oil prices for more than two years and weakened the economies of oil-producing nations.

  • Sept 29- Wells Fargo& Co's Chief Executive John Stumpf returns to Capitol Hill on Thursday with his job still under threat and the bank facing rising political pressure over a sales scandal that has become a major issue in Washington and on Wall Street. California, Wells Fargo's home state, suspended business relationships with the bank for a year on Wednesday...

  • CANBERRA, Australia— A rush by Australia's state governments to switch to clean electricity sources could undermine the country's energy security, the federal government warned Thursday after all of South Australia state lost power. South Australia state lost power on Wednesday as it was lashed by two tornados, thunder storms and fierce winds that caused...

  • HARTFORD, Conn.— The Latest on the Connecticut General Assembly approving a $220 million agreement that will keep Sikorsky Aircraft Corp. in the state.:. The Connecticut General Assembly has given final legislative approval to a $220 million agreement that will keep Sikorsky Aircraft Corp. in the state to produce a new line of heavy cargo helicopters.

  • OPEC says to limit output to 32.5 mln bpd. *After reaching group target, OPEC will seek non-member support. NEW YORK, Sept 28- Oil prices settled up nearly 6 percent on Wednesday after OPEC struck a deal to limit crude output at its policy meeting in November, its first agreement to cut production since 2008 and after the market crashed on oversupply.

  • *OPEC will limit output at 32.5-33.0 million bpd. *To seek non- OPEC support once output reduced. ALGIERS, Sept 28- OPEC agreed on Wednesday modest oil output cuts in the first such deal since 2008, with the group's leader Saudi Arabia softening its stance on arch-rival Iran amid mounting pressure from low oil prices.

  • FORT WORTH, Texas _ Pier 1 Imports Inc. on Wednesday reported a fiscal second-quarter loss of $4.1 million, after reporting a profit in the same period a year earlier. The average estimate of nine analysts surveyed by Zacks Investment Research was also for a loss of 5 cents per share. Seven analysts surveyed by Zacks expected $408.9 million.

  • *OPEC says to limit output to 32.5 mln bpd. *After reaching group target, OPEC will seek non-member support. NEW YORK, Sept 28- Oil prices settled up nearly 6 percent on Wednesday after OPEC sources said the group has struck a deal to limit crude output at its policy meeting in November, its first agreement to cut production since the market crashed two years ago on...

  • *OPEC will limit output at 32.5 million bpd- sources. ALGIERS, Sept 28- OPEC agreed on Wednesday to cut its oil output for the first time since 2008, with the group's leader Saudi Arabia softening its stance on arch-rival Iran amid mounting pressure from low oil prices. How much each country will produce is to be decided at the next formal meeting of OPEC in November,...

  • OPEC production in August was 33.24 million barrels a day, it said in its monthly oil market report. One source also said that once production targets were reached, OPEC would reach out to non- OPEC producers for cooperation. *Saudi Energy Minister Khalid al-Falih said on Tuesday Iran, Nigeria and Libya would be allowed to produce "at maximum levels that make sense"...