Samsung starts gaining market share, hurting Apple Inc's margins and stock price and threatening its reign as the king of cool in consumer electronics.
US Airways Group and AMR are nearing an $11 billion merger that would create the world's largest airline and could announce a deal within a week, people familiar with the matter said.
A U.S. judge accepted an agreement by BP to plead guilty for its role in the Deepwater Horizon disaster and pay a record $4 billion in criminal penalties for the worst offshore oil spill in U.S. history.
Gunfire erupted on a Texas college Tuesday afternoon, wounding four people. One person was taken into custody and a second gunman was being sought, a U.S. official told The Associated Press.
Innovative programs across the US are finding some success in reengaging high school dropouts. They strive to target 'disconnected' youths – those not in school and not working, who are a costly burden for taxpayers, the CSM reports.
Hopes for overhauling the federal tax system are fading in Washington, but in some state capitals, tax reform experiments- some far-reaching- are fast taking shape.
If Texas were a member of OPEC, it would be the cartel's seventh biggest member. So, should the Lone Star State join OPEC? Andy Lipow, president of Lipow Oil Associates, weighs in.
The usual year-end tax tasks are complicated by the possibility over going over the "fiscal cliff."
Gov. Rick Perry, (R-TX), shares his final thought on whether he is going to run in 2016. "I have a legislative session in front of me, and a state that is going to continue to lead the country," he says.
Brett Giroir, M.D.,Texas A&M University, discusses how he helps identify and recruit companies to set up shop in Texas, with Gov. Rick Perry, (R-TX).
Gov. Rick Perry, (R-TX), explains how his state is building an educated workforce.
Gov. Rick Perry, (R-TX), discusses how the "Lone Star State" is growing jobs by keeping taxes low; making the regulatory climate fair and predictable; and implementing sweeping tort reform.
Every day, about 10 Kansas City Southern trains hauling everything from cars to chemicals crisscross the border between Mexico and the United States at Laredo, Texas, up from about six three years ago.
Here, a top 10 list of the least expensive cities in the U.S.
NEW YORK, Nov 6- Rescued from 10- year lows by record summer heat and strong utility demand, U.S. natural gas prices should rise 35 percent next year as production growth tapers off and economic activity increases, according to a Reuters poll of analysts.
Shares of Marathon rose nearly 3 percent in afternoon New York Stock Exchange trading. The company reported better-than-expected oil and gas production in the Eagle Ford formation in south Texas and the Bakken shale in North Dakota, according to analysts at Houston based energy investment bank Simmons& Co..
HOUSTON, Nov 6- EOG Resources Inc plans to spend less on ``money-losing'' natural gas drilling next year, which will result in lower capital expenditures, the company's chief executive said Tuesday. EOG is drilling for pricier crude oil in basins including the Eagle Ford in south Texas and the Bakken in North Dakota while slowing natural gas drilling.
FORT WORTH, Texas-- Shares of Quicksilver Resources Inc. tumbled Tuesday after the natural gas producer posted a $651.8 million third-quarter loss, hurt by one-time charges and a drop in natural gas prices.
HOUSTON, Nov 6- EOG Resources Inc plans to spend less on ``money-losing'' natural gas drilling next year, which will result in lower capital expenditures, the company's chief executive said Tuesday.
At the beginning of next year, $600 billion in tax increases and spending cuts- known as the fiscal cliff- will automatically become law unless Congress acts. However, there is a sense that neither the financiers and investors in New York nor the lawmakers in Congress are taking each other seriously enough.