Top News & Analysis Dallas

  • June 17- A federal appeals court on Monday threw out a settlement requiring insurers to pay $65 million to a court-appointed receiver for companies once run by Allen Stanford, the Texas financier serving a 110- year prison term for running a large Ponzi scheme. By a 3-0 vote, the 5th U.S. Circuit Court of Appeals said the judge who approved the accord lacked...

  • A couple sitting outside a residence in San Francisco.

    Your money is likely to stretch further in San Antonio than in New York.

  • HOUSTON, June 5- Sentinel Midstream LLC has secured shipper commitments needed to move forward on a proposed $1 billion crude export terminal off the Texas coast, the company's chief executive said on Wednesday. Sentinel's offshore facility could begin operations in early 2020 and load up to 2 million bpd from single-point mooring buoys in deepwaters 30...

  • A Boeing Co. B777-300ER aircraft operated by American Airlines Group Inc. stands inside the Qantas Airways Ltd. hangar at Sydney Airport in Sydney, Australia, on Friday, Nov. 13, 2015.

    The U.S. Transportation Department is expected to provide tentative approval to a bid by American Airlines and Qantas Airways to operate a joint venture, two people briefed on the matter said on Sunday.

  • WASHINGTON, June 2- The U.S. Transportation Department is expected to provide tentative approval to a bid by American Airlines Group Inc and Qantas Airways Ltd to operate a joint venture, two people briefed on the matter said on Sunday. The application by American and Qantas for a joint venture covering the United States, Australia and New Zealand was...

  • May 30- Eagle Materials Inc said on Thursday its board had approved a plan to spin off its heavy materials and light materials businesses into two publicly traded entities, bowing to pressure from hedge fund Sachem Head Capital Management. "We believe that by pursuing the actions announced today the Eagle board is taking significant steps to unlock the...

  • The bus operator traces its roots back to 1914 in Hibbing, Minnesota when Swedish immigrant Carl Eric Wickman began transporting miners for 15 cents a ride. The Academy Award winning movie "It Happened One Night," starring Clark Gable and Claudette Colbert, prominently featured a Greyhound bus in the story, helping to spur interest in bus travel nationwide.

  • NEW YORK/ MADRID, May 30- The holy grail for apparel brands facing rising uncertainty and cost in their global supply chains is to make their merchandise closer to the point of the sale. Entertainment companies from Walt Disney Co to Dr. "You can list overnight on Amazon all the merchandise that's for sale and then as you book sales you just make it and ship it," said...

  • Greyhound has been a household name in North America since it was founded in 1914, with prominent roles for its buses and their running dog logo in movies, music and motorcycle stunts. FirstGroup, which bought Greyhound for $3.6 billion including debt from Laidlaw International in 2007, plans to sell the bus line and spin-off its UK operator First Bus to head...

  • DALLAS, May 29- Exxon Mobil Corp shareholders on Wednesday rejected a proposal to split the chief executive officer and board chairman roles that some had promoted to protest a decision to strike an unrelated climate change resolution from the ballot. Two institutional shareholders had urged a vote in favor of the role split after Exxon got the U.S. Securities...

  • DALLAS, May 29- Exxon Mobil Corp shareholders on Wednesday rejected a proposal that would have split the roles of the chief executive officer and board chairman at the largest publicly traded oil producer. Some shareholders had rallied behind that proposal after the U.S. Securities and Exchange Commission allowed Exxon to remove a climate change measure...

  • DALLAS, May 29- Exxon Mobil Corp shareholders on Wednesday rejected a proposal that would have split the roles of the chief executive officer and board chairman at the largest publicly traded oil producer. Some shareholders had rallied behind that proposal after the U.S. Securities and Exchange Commission allowed Exxon to remove a climate change measure...

  • DALLAS, May 29- Exxon Mobil Corp shareholders on Wednesday rejected a proposal that would have split the roles of the chief executive and board chairman at the largest publicly-traded oil producer. Some shareholders had rallied behind that proposal after Exxon was allowed by the U.S. Securities and Exchange Commission to remove a climate change measure from...

  • Some shareholders had rallied behind that proposal after Exxon was allowed by the U.S. Securities and Exchange Commission to remove a climate change proposal from its proxy ballot, but it won just 41 percent of the vote at the company's annual meeting in Dallas, Texas, on Wednesday. The proposal would not have taken effect under Chief Executive Darren Woods, but...

  • May 24- The escalating U.S.- China trade war has sent dividend-rich sectors like utilities higher, but investors don't need to get all defensive just yet, according to strategists who say there are plenty of growth stocks with some insulation from China. Some investors are seeking safety in domestic U.S. growth stocks ranging from software and online...

  • The target, if achieved, means U.S. airlines would likely not have to greatly extend costly cancellations of 737 MAX jets they have already put in place for the peak summer flying season, but the FAA representatives warned that there was no firm timetable to get the planes back in the air. American Airlines Group Inc, Southwest Airlines Co and United Airlines...

  • FORT WORTH, Texas, May 23- The acting head of the Federal Aviation Administration said on Thursday that an eight-hour meeting with international air regulators to discuss the grounded Boeing Co 737 MAX was "exceedingly positive" and "constructive." Speaking to reporters after the meeting, Daniel Elwell reiterated that the FAA will not approve the plane for...

  • MONTREAL, May 23- U.S. Federal Aviation Administration representatives told members of the United Nations' aviation agency they expect approval of Boeing Co's 737 MAX jets to fly in the United States as early as late June, three people with knowledge of the matter said, although there is no firm timetable for the move. FAA and Boeing representatives briefed...

  • Senior FAA officials will give detailed descriptions of the findings to date from the two crashes in Ethiopia and Indonesia which occurred within five months of each other and killed a combined 346 people. Acting FAA Administrator Dan Elwell said on Thursday he thought travelers in the United States and around the world would respect any eventual decision...