Top News & Analysis Texas

  • WASHINGTON, Sept 28- Federal Reserve Chair Janet Yellen was thrust into the election-year boxing ring during a congressional committee hearing on Wednesday, defending the central bank's regulatory role, taking and landing punches on Wells Fargo and other banks considered too big to fail, and addressing accusations of political conflicts of interest.

  • BISMARCK, N.D.— North Dakota Attorney General Wayne Stenehjem is asking the developer of the four-state Dakota Access oil pipeline to explain its purchase of a ranch where a protest turned violent earlier this month. Texas- based Energy Transfer Partners recently purchased the 7,000- acre ranch last week for an undisclosed price. North Dakota law generally...

  • HARTFORD, Conn.— A $220 million agreement that would keep Sikorsky Aircraft Corp. in Connecticut for at least the next 16 years to produce a new line of heavy cargo helicopters for the U.S. military easily cleared the General Assembly on Wednesday, with some lawmakers hailing the deal as a positive sign for manufacturing in the state. Dannel P. Malloy's...

  • Democratic advocates for Flint are now satisfied with renewed guarantees that Flint will get funding later this year to help rid its water system of lead. The White House said Obama will sign the measure and praised the progress on Flint. The temporary spending bill sped through the House shortly after the chamber passed a water projects bill containing the...

  • Donald Trump says he saved former Miss Universe Alicia Machado's job by shaming her into losing weight. Trump told Fox News host Bill O'Reilly Wednesday night that he "saved her job because they wanted to fire her for putting on so much weight." Donald Trump wants to know how many Christian conservatives are backing him in Iowa.

  • ALGIERS, Algeria— OPEC nations reached a preliminary agreement Wednesday 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. The deal was reached after several hours of...

  • SAN FRANCISCO, Sept 28- The chief executive of North Dakota's largest oil producer, Whiting Petroleum Corp, says the standoff over the $3.7 billion Dakota Access pipeline could be solved by giving economic opportunities, including supply and delivery contracts, to the Standing Rock Sioux and other Native Americans. Thousands of protesters from all over the...

  • Sept 27- Investors in U.S. privately owned prisons may be rewarded if they keep their stocks given sector watchers have said presidential candidate Hillary Clinton would have difficulty realizing her goal of doing away with for-profit detention. This came on the heels of a U.S. Justice Department announcement on Aug. 18 that it would phase out its use of...

  • Sept 27- Stewart Information Services Corp, one of the largest U.S. title insurers, is close to reaching a deal with activist investor Starboard Value LP over the composition of its board of directors, two people familiar with the matter said. The settlement with Starboard would involve replacing four sitting directors of its nine-member board, including...

  • WASHINGTON, Sept 27- A stop-gap funding bill to avoid a federal government shutdown later this week failed to garner enough votes to move forward in the Senate on Tuesday, with Democrats and Republicans both opposing the measure. The must-pass continuing resolution, or CR, which would keep federal agencies operating from Saturday through Dec. 9, received only 45...

  • HOUSTON _ Synthesis Energy Systems Inc. on Tuesday reported a loss of $11.6 million in its fiscal fourth quarter. The Houston- based company said it had a loss of 13 cents per share. For the year, the company reported that its loss narrowed to $23.1 million, or 27 cents per share.

  • WASHINGTON, Sept 27- A leading Republican lawmaker in Congress on Tuesday said Wells Fargo would be right to recover pay from executives involved in a scandal in which up to 2 million accounts and credit cards were set up without customers' consent. Jeb Hensarling, chairman of the House of Representatives Financial Services Committee, said he wants to see such a...

  • Two former Weatherford senior accounting executives also agreed to settle charges that they were behind the scheme, which inflated the company's earnings more than $900 million over that period, the SEC said. Weatherford fraudulently lowered the year-end sum set aside for income taxes each year by $100 million to $154 million to "better align its earnings...

  • Initial funding has been approved for a $105 million redevelopment of the Houston Astrodome that would include raising the two bottom floors to accommodate about 1,400 parking spaces. HOUSTON— Initial funding has been approved for a $105 million redevelopment of the Houston Astrodome that would include raising the two bottom floors to accommodate about...

  • Two Weatherford senior accounting executives at the time also agreed to settle charges that they were behind the scheme, which inflated the company's earnings by over $900 million between 2007 and 2012, the SEC said. Weatherford fraudulently lowered the year-end sum it set aside for income taxes each year by $100 million to $154 million so that it "could...

  • BATON ROUGE, La.— Arleen Weise was apprehensive when she learned Hollywood was making a movie about the offshore explosion that killed her son, Adam, and 10 other men aboard the Deepwater Horizon drilling rig. Weise said she's still struggling to decide how she ultimately feels about how "Deepwater Horizon" portrays the last day of her son's life before he died in...

  • MIDLOTHIAN, Texas _ Ennis Inc. on Tuesday reported fiscal second-quarter net income of $6.8 million. The Midlothian, Texas- based company said it had profit of 26 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Sept 27- Democrat Hillary Clinton and Republican Donald Trump traded barbs and accusations on Monday in the first debate ahead of the Nov. 8 U.S. presidential election. Following is a compilation of reaction to the debate from investors, economists and financial market analysts:. JAMES ATHEY, INVESTMENT MANAGER AT ABERDEEN ASSET MANAGEMENT:.

  • The rules are considered essential to the United States meeting emissions-reduction targets in a global climate agreement signed in Paris last year. Appearing Tuesday before a 10- judge panel of the U.S. Court of Appeals for the District of Columbia Circuit, West Virginia Solicitor General Elbert Lin argued that the EPA had overstepped the regulatory...

  • CANNON BALL, N.D./ WASHINGTON, Sept 26- Three days after guard dogs attacked Native Americans protesting an oil pipeline project in North Dakota in early September, an unprecedented event took place at the White House. Brian Cladoosby, president of the National Congress of American Indians, which represents more than 500 tribes, spoke to nearly a dozen of...