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Top News & Analysis Texas

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  • SAN FRANCISCO/ LOS ANGELES, Oct 5- An unprecedented spike in California gasoline prices showed signs of easing on Friday, with some supply-stricken service stations preparing to reopen and retail rates poised to ease after topping $5 a gallon in many places.

  • Ark. property owners sue over drilling waste wells Friday, 5 Oct 2012 | 3:59 PM ET

    LITTLE ROCK, Ark.-- A group of residents in Independence and Faulkner counties are suing three natural gas drilling companies, claiming that waste fluids are improperly being pumped underneath land the companies don't own or lease. Houston- based Southwestern Energy Co. was the only company named in the original version of the suit, which was filed in August.

  • Oct 5- American Airlines said on Friday it had repaired seat locks on 42 of 48 Boeing 757 jets after some seats came loose during flights this week. In recent days, three separate incidents occurred in which seats on American Airlines flights came unbolted from the floor, prompting an investigation by the FAA and jet inspections.

  • Property owners sue over gas drilling waste wells Friday, 5 Oct 2012 | 3:48 PM ET

    Houston- based Southwestern Energy Co. was the only company named in the original version of the suit, which was filed in August. Southwestern Energy filed a motion to dismiss the original suit, arguing the plaintiffs didn't show they had a claim.

  • American says it has fixed seats on 42 planes Friday, 5 Oct 2012 | 3:24 PM ET

    DALLAS-- American Airlines says it has repaired 42 of 48 planes that were pulled aside and inspected because the seats could come loose. "We sincerely apologize to our customers for any inconvenience this may cause with their travel plans," said spokeswoman Andrea Huguely.

  • NEW YORK, Oct 5- At 68, Barbara Miller Elegbede is living proof that flower children need not grow up. A self-described hippie, she attended a San Francisco college at psychedelia's height and remembers friends constantly crashing on the couch of her apartment, just a block away from Janis Joplin's pad in the hip Castro neighborhood.

  • Oct 5- American Airlines on Friday said it has repaired seat locks on 40 Boeing 757 jets after some seats came loose during flights earlier this week. In recent days, there were three separate incidents in which seats on American Airlines flights came unbolted from the floor, prompting an investigation by the FAA and jet inspections.

  • TEXT-S&P may raise Nexstar Broadcasting Friday, 5 Oct 2012 | 2:23 PM ET

    --On July 19, 2012, U.S. broadcaster Nexstar entered into an agreement to purchase 12 TV stations owned by Newport Television Holdings for $285 million, concluding the company's strategic review process. --We are placing our' B' rating on the company on CreditWatch with positive implications.

  • NASHVILLE, Tenn., Oct 5- Tennessee confirmed on Friday four more cases of rare fungal meningitis, as health officials in 23 states scrambled to notify thousands of patients who received steroid injections linked to an outbreak that has killed five people. Three of the dead were in Tennessee, where the outbreak began, and one each in Virginia and Maryland.

  • By Braden Reddall and Nichola Groom. SAN FRANCISCO/ LOS ANGELES, Oct 5- Californians awoke on Friday to yet another unprecedented spike in the price of gasoline that brought the one-week increase in the Golden State to a whopping 36 cents a gallon. "It's insane," said Matt Hurd, 35, as he filled up at a San Francisco gas station near the Bay Bridge. "

  • AA's Eagle airline in deal with maintenance crews Friday, 5 Oct 2012 | 1:44 PM ET

    FORT WORTH, Texas-- Maintenance workers at American Eagle will vote on a contract agreement reached with the American Airlines affiliate. The Transport Workers Union said Friday that 1,300 maintenance workers and 10 ground instructors will vote for the next two weeks, with results announced by Oct. 19.

  • US drops 11 to 1,837 rigs exploring for oil, gas Friday, 5 Oct 2012 | 1:34 PM ET

    Texas- based oilfield services company Baker Hughes Inc. reported Friday that 1,398 rigs were exploring for oil and 437 were searching for gas. Of the major oil- and gas-producing states, Texas lost 10 rigs, Louisiana and North Dakota each dropped by three and Alaska and Oklahoma were down two apiece.

  • Oct 5- Southwest Airlines Co reported softer September traffic on Friday as fewer passengers boarded its planes, and its shares were off 1.5 percent as a widely watched revenue measure was below some analysts' expectations. In the third quarter, unit revenue likely increased about 1 percent, Southwest added.

  • CORRECTED-Dave & Buster's withdraws IPO (Oct 5) Friday, 5 Oct 2012 | 1:03 PM ET

    Nutritional supplements seller ViSalus Inc and semiconductor company Cortina Systems Inc also withdrew their IPOs last month. Dave& Buster's owns and operates stores that combine dining and entertainment, providing a casual dining menu with a range of entertainment options. Dave& Buster's is majority backed by Oak Hill Capital Partners.

  • Key revenue measure stops climbing at Southwest Friday, 5 Oct 2012 | 11:47 AM ET

    DALLAS-- Southwest Airlines Co. was left at the gate when other airline stocks rose strongly on Friday morning after the company gave a weak report on September traffic and revenue trends. THE SPARK: Southwest, which also operates AirTran Airways, said September traffic dropped by 2.1 percent and a key revenue measure fell by 2 to 3 percent.

  • Salmonella confirmed in peanut butter plant Friday, 5 Oct 2012 | 11:44 AM ET

    WASHINGTON-- Salmonella has been found in a New Mexico plant that produces nut butters for retailer Trader Joe's and several other large national grocery chains, the Food and Drug Administration said Friday.

  • Atlanta transit system selects new leader Friday, 5 Oct 2012 | 11:12 AM ET

    ATLANTA-- Atlanta's public transit system has named a Texas transportation official as its new chief executive officer and general manager. Before that, he was the CEO of the Charlotte Area Transit System in North Carolina. Parker was selected after a nationwide search for a new CEO and general manager of the Metropolitan Atlanta Rapid Transit Authority.

  • Energy Transfer Partners closes deal for Sunoco Friday, 5 Oct 2012 | 10:43 AM ET

    DALLAS-- Energy Transfer Partners LP said Friday that it completed its acquisition of Sunoco Inc. for about $5.5 billion, creating one of the more diverse pipeline companies in the country.

  • Travel Picks: Top 10 U.S. destinations in October Friday, 5 Oct 2012 | 10:41 AM ET

    NEW YORK, Oct 5- As the calendar page flips to October, we are fully and unquestionably into autumn.

  • NEW YORK, Oct 5- U.S. natural gas futures mostly edged up slightly on Friday, backed by cold U.S. weather forecasts for the next week that should stir more demand despite early pressure from Thursday's bearish weekly inventory report and a mild mid-month outlook. I don't see how you get bullish here, "a Texas- based cash trader said.