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Top News & Analysis Texas

  • 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...

  • DALLAS— Neiman Marcus Group Ltd. has agreed to pay $1.6 million to settle a class-action lawsuit over a 2013 security breach that exposed the credit and debit card data of about 350,000 shoppers. Court documents show the Dallas- based luxury retailer filed the settlement agreement Friday seeking approval from a federal judge in Chicago, where the lawsuit was...

  • DALLAS— Income and revenue rose during the peak holiday season at FedEx, but higher fuel costs helped keep profit below Wall Street's forecast. "If you just looked at overall sales, volumes and what they're getting per package, everything appears just fine," said Logan Purk, an analyst with Edward Jones. FedEx Corp. said Tuesday that it earned $562 million in its...

  • NEW YORK, March 21- A New York energy investor was sentenced to five years and 10 months in prison on Tuesday after he pleaded guilty to engaging in a years-long scheme to avoid more than $45 million in income and other taxes. District Judge Analisa Torres in Manhattan federal court, according to federal prosecutors. Prosecutors said Zukerman schemed to evade...

  • *OPEC sources say group leaning towards extending cuts. NEW YORK, March 21- Oil prices fell on Tuesday, with U.S. crude dropping to its lowest since November, as concerns about new supplies overshadowed the latest talk by OPEC that it was looking to extend output cuts beyond June. Brent futures for May delivery fell 66 cents, or 1.3 percent, to settle at $50.96 a barrel,...

  • DALLAS— A new security measure banning many electronic devices on flights from 10 mostly Muslim countries is leading travelers to reconsider their plans to fly through some airports in the Middle East and Africa. Paula Berger, an energy-company manager, and a co-worker have tickets to fly from the U.S. through Dubai to Hyderabad, India, where her company has an...

  • A major goal of the revisions, unveiled late Monday night, is to create more options for older adults dealing with high medical bills, whose costs in many cases would have gone up markedly under the previous GOP bill. Separately, the bill gives states the option of imposing work requirements for able-bodied older adults on Medicaid. Under the Obama-era law, about...

  • NEW YORK— You might have expected the Trump Organization to tap the brakes on expansion plans given all the criticism over potential conflicts of interest while its owner sits in the Oval Office. The hotels will feature modern, sleek interiors and communal areas, and offer rooms at $200 to $300 a night, about half what it costs at some hotels in Trump's luxury chain.

  • ALBANY, N.Y.— Upstate New York is home to one of the country's top training centers for video game design, but developers say New York will miss out on its chunk of a nearly $100 billion video game industry if it doesn't encourage companies to plant their roots in the state. Andrew Cuomo to accept Assembly and the Senate proposals that would provide tax incentives of...

  • NEW YORK— The former chairman of Dean Foods told jurors at a criminal trial Tuesday that he fed secrets about the company to a professional gambler for over seven years, sometimes speaking in coded language over a prepaid cellular phone called the "bat phone." Prosecutors say Walters encouraged friends including professional golfer Phil Mickelson to buy stock...

  • OMAHA, Neb.— The Gordmans bankruptcy has attracted two bidders who want to keep at least some of the company's 106 discount department stores operating. Former Gordmans CEO Jeff Gordman is leading one of the groups interested in the company's assets. But any sale of Gordmans' assets will have to be approved by the bankruptcy court, so it's not clear if the bidders...

  • South Dakota attorney general's office spokeswoman Sara Rabern confirmed one incident of what she called "felony vandalism" southeast of Sioux Falls on Friday. The $3.8 billion pipeline runs 1,200 miles through the Dakotas, Iowa and Illinois. State officials in North Dakota, Iowa and Illinois on Tuesday said they were not aware of any pipeline attacks in their...

  • HOUSTON _ Francesca's Holdings Corp. on Tuesday reported fiscal fourth-quarter profit of $14.6 million. Six analysts surveyed by Zacks expected $145.7 million. For the current quarter ending in May, Francesca's Holdings said it expects revenue in the range of $111 million to $114 million.

  • WASHINGTON— Time for talk running out, President Donald Trump on Tuesday warned wavering House Republicans that their jobs were on the line in next year's elections if they failed to back a GOP bill that would upend Barack Obama's Affordable Care Act. Trump huddled behind closed doors with rank-and-file Republicans just hours after GOP leaders unveiled...

  • WASHINGTON— U.S. and British officials said Tuesday the decision to bar laptops and tablets from the cabins of some international flights wasn't based on any specific threat but on longstanding concerns about terrorists targeting jetliners. The U.S. ban affects flights from Amman, Jordan; Kuwait City, Kuwait; Cairo; Istanbul; Jeddah and Riyadh, Saudi Arabia;...

  • New center aisles will be curved rather than squared off, to inspire people to explore, says Mark Schindele, senior vice president of Target Properties. The first of the redesigned stores will open in suburban Houston this fall. About 40 more stores will get the remodel treatment by October, using the Houston prototype as a template.

  • The ban was revealed Monday in statements from Royal Jordanian Airlines and the official news agency of Saudi Arabia. A U.S. official told The Associated Press the ban will apply to nonstop flights to the U.S. from 10 international airports serving the cities of Cairo in Egypt; Amman in Jordan; Kuwait City in Kuwait; Casablanca in Morocco; Doha in Qatar; Riyadh and...

  • NEW YORK, March 20- The U.S. dollar slumped to a six-week low on Monday on worries over a dovish Federal Reserve, while U.S. and European stock markets dipped amid concerns about G20 financial leaders' decision to drop a pledge to keep global trade free and open. The dollar index, which measures the greenback against a basket of six major currencies, was last slightly...