When his home-made clock got him arrested, a teenager became a viral sensation. Now, his family is demanding $15 million.» Read More
Magistrate George Hanks Jr. in Houston ordered Alexander Fishenko and two other defendants to federal custody in Brooklyn, N.Y., where they face numerous charges. Fishenko, owner of Houston- based Arc Electronics Inc., and seven of his employees were arrested last week. Another man arrested in Houston, Shavkat Abdullaev, waived the bail request.
Delta Air Lines said Thursday that it rolled back an increase of $4 to $10 per round trip on many U.S. routes. Delta had raised prices to match an increase started by United Airlines. J.P. Morgan analyst Jamie Baker says the increase is unraveling because it gained only limited support from a few other carriers _ American, Alaska and US Airways.
"We have applied to the Department of Commerce to export domestic U.S. crude oil," Shell spokeswoman Kayla Macke told Reuters, adding that as a global commodity, imports and exports would follow supply and demand.
,operator of the largest independent fleet of for-hire oil trucks in the United States, said on Thursday it has agreed to buy OMNI Energy Services Inc for $445 million to boost the size of its U.S. oilfield production and environmental services business.
Texas Republican congressman Ron Paul pointedly refused to endorse his party’s presidential contender, Mitt Romney, arguing that neither he nor President Barack Obama would make necessary cuts to public spending that would avert a fiscal catastrophe.
DALLAS-- Just weeks ago, American Airlines was working its way through bankruptcy court, on schedule for one of the fastest turnarounds in aviation history. Then seemingly overnight, American became the butt of jokes from Facebook to late-night TV. "American Airlines has a new slogan," Jay Leno joked on NBC's "The Tonight Show."
These residences includes places where famous bands were formed, beloved songs or entire albums were written.
*Wal-Mart lines up 6 major health centers for procedures. *Wal-Mart has covered transplants since 1996 By Jessica Wohl.
*Independent label launched 2005, with Taylor Swift. "Nashville," seen by some nine million U.S. viewers on its Wednesday night debut, shows veteran country singer Rayna Jaymes face off against young starlet rival Juliette Barnes as she struggles to keep her career together.
--North American rent-to-own retailer Rent-A-Center has demonstrated the willingness and ability to maintain credit ratios within levels indicative of an "intermediate" financial risk profile.
*Targets areas of Nevada where little drilling seen so far. *Noble has 350,000 Nevada acres. Oct 11- Noble Energy said on Thursday it plans to explore for crude oil in areas of Nevada that have seen little drilling, as the U.S. exploration and production company starts to assess its longer-term prospects.
Vice President Joe Biden to deliver a feisty performance Thursday evening during a high-stakes debate against Republican challenger Paul Ryan and seize back momentum in the race for the White House.
FORT WORTH, Texas-- Shares of Range Resources Corp. climbed Thursday after the company gave an upbeat report on third-quarter oil and natural gas production.
CORPUS CHRISTI, Texas-- Convenience store chain Susser Holdings Corp. anticipates that a key revenue trend rose more slowly in its recently ended third quarter. Susser, which runs about 550 Stripes shops in Texas, New Mexico and Oklahoma, has opened 15 stores this year, expect to open 11 in the last three months of the year and has plans for 28 to 35 next year.
OWEGO, N.Y.-- A Texas company has begun drilling a vertical well to explore the potential of the Marcellus Shale natural gas formation, joining about a dozen others probing the potentially lucrative rock beneath New York's southern tier. Carizzo Oil& Gas of Houston recently started digging its first well north of the Tioga County village of Owego.
BISMARCK, N.D.-- A tax break for oil that's processed in North Dakota would help make new refineries profitable and would pay for itself though increased economic growth, a developer told state lawmakers Wednesday.
DALLAS-- A federal judge in Texas has sentenced a man to 23 years in prison and ordered him to pay $13 million in restitution over an investment scam he ran out of his home in California. Federal prosecutors said Wednesday that 37- year-old Bradley Stark, formerly of Riverside, Calif., was sentenced on seven counts of wire fraud and one count of securities fraud.
Oct 11- Devon Energy Corp:. *Will close its office in Houston. *Reorganization charges are expected to approximate $125 million, with $100.
*IRS taking' hard line' on accounting issue-lawyer. The dispute centers on an accounting practice- known as the "completed contract method"- that the IRS has scrutinized for years.
THE WOODLANDS, Texas-- Investigators say a man with an assault rifle has robbed a Houston- area Tiffany& Co. store and fled with some expensive jewelry. The Montgomery County Sheriff's Office on Thursday worked to identify the suspect, whose image has been captured on store surveillance video.