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Top News & Analysis Houston

  • The restaurant blamed a company it uses to clean its beer lines, Kramer Beverage Co., of Hammonton, New Jersey. A New Jersey man severely burned after drinking a beer tainted by a caustic chemical at an Atlantic City casino restaurant has been awarded $750,000. Paul D'Amato, the lawyer for Richard Washart, tells The Associated Press the jury awarded him $650,000...

  • NEW YORK, Sept 15- While crude deliveries by larger ships to Beaumont in Texas remain restricted after Hurricane Harvey, a workaround using pipelines can supply Exxon Mobil's refinery there, shipping sources said. The Beaumont port is the furthest inland port on the Sabine Neches, a long curving waterway that empties into the Gulf of Mexico.

  • CARACAS, Sept 15 (Reuters)- Venezuela published the price of its oil and fuel in Chinese currency on Friday in what it called an effort to free the socialist-run country from the "tyranny of the dollar," echoing a plan recently announced by President Nicolas Maduro. Maduro last week said his government would shun the dollar after the United States announced...

  • The U.S. central bank's offices in Miami and Jacksonville dispatched a bulked-up fleet of armored vehicles to pay out $2.9 billion to banks and credit unions in the region, twice their weekly average, according to officials overseeing the emergency response in the Atlanta Fed's district. "It absolutely doubled our normal day to day operations," Mary Gelpi,...

  • Louisiana and Texas each lost three rigs. Colorado, New Mexico and North Dakota each shed one. Alaska, California, Ohio, Oklahoma, Pennsylvania, Utah and Wyoming were unchanged.

  • WASHINGTON, Sept 15- U.S. retail sales unexpectedly fell in August and industrial output recorded its biggest drop since 2009 as Hurricane Harvey disrupted activity, suggesting the storm could dent economic growth in the third quarter. "The early returns from Harvey are trickling in and the news is not good," said Joel Naroff, chief economist at Naroff Economic...

  • A destroyed trailer in Key Largo, Fla., after Hurricane Irma swept through the area.

    Threatening social media posts possibly connected to ISIS have raised alerts in cities battered by recent hurricanes.

  • The Insurance Council of Texas says windstorm and other claims from Harvey will be worth nearly $3 billion. The council cites the Federal Emergency Management Agency in estimating that Harvey's flooding will result in $11 billion in payments to homeowners with flood insurance. Harvey battered Texas' Gulf Coast and flooded a vast area stretching from...

  • ATLANTIC CITY, N.J.— A man whose esophagus and stomach were severely burned when he drank a beer tainted by a caustic chemical at an Atlantic City casino restaurant has been awarded $750,000. A jury on Friday awarded the man, Richard Washart, $650,000 for pain and suffering and $100,000 for emotional distress, said his attorney, Paul D'Amato. The restaurant blamed a...

  • NEW YORK/ BOSTON, Sept 15- More than 22,000 barrels of oil, refined fuels and chemicals spilled at sites across Texas in the wake of Hurricane Harvey, along with millions of cubic feet of natural gas and hundreds of tons of other toxic substances, a Reuters review of company reports to the U.S. Coast Guard shows. Harvey slammed ashore in Texas on Aug. 26, unleashing...

  • NEW YORK, Sept 15- Valero Energy Corp probably underestimated the leakage of dangerous chemicals when Hurricane Harvey hit its Houston refinery last month, a U.S. Environmental Protection Agency spokesman said. Spokesman David Gray said in an email late on Thursday that benzene and volatile organic chemicals that leaked into the air in Houston's Manchester...

  • WASHINGTON, Sept 15- U.S. retail sales unexpectedly fell in August and industrial output recorded its biggest drop since 2009 as Hurricane Harvey disrupted activity, suggesting the storm could dent economic growth in the third quarter. "Hurricane Harvey's fingerprints were all over the August retail sales and industrial production reports this morning,"...

  • WASHINGTON, Sept 15- U.S. retail sales unexpectedly fell in August, likely hurt by the impact of Hurricane Harvey on motor vehicle purchases, suggesting a moderation in consumer spending in the third quarter. The Commerce Department said on Friday retail sales dropped 0.2 percent last month, the biggest decline in six months. Harvey, which slammed Texas in the...

  • WASHINGTON, Sept 15- U.S. retail sales unexpectedly fell in August as Hurricane Harvey likely depressed motor vehicle purchases, suggesting a moderation in consumer spending in the third quarter. The Commerce Department said on Friday retail sales dropped 0.2 percent last month. The Commerce Department said while it could not isolate the impact of Harvey on...

  • NEW YORK, Sept 15- Business owners who are trying to get back on track after hurricanes Harvey and Irma now face a different sort of challenge: trying to recoup lost income from their insurers. "I think the whole thing is a rip-off," said Thomas Arnold, an optometrist in Sugar Land, Texas. Arnold says he pays $1,083 per month for coverage.

  • NEW YORK/ BOSTON, Sept 15- More than 22,000 barrels of oil, refined fuels and chemicals spilled at sites across Texas in the wake of Hurricane Harvey, along with millions of cubic feet of natural gas and hundreds of tons of other toxic substances, a Reuters review of company reports to the U.S. Coast Guard shows. Harvey slammed ashore in Texas on Aug. 26, unleashing...

  • Sept 15- Phillips 66 has chartered a Marshall Islands- flagged vessel, making use of a temporary waiver of the Jones Act that was put in place to meet fuel shortages in the wake of hurricanes Harvey and Irma, Argus Media reported on Thursday. The vessel, Nave Jupiter, departed from Houston, Texas on Sept. 9, and was docked near the company's Alliance refinery in...

  • NEW YORK, Sept 15- Business owners who are trying to get back on track after hurricanes Harvey and Irma now face a different sort of challenge: trying to recoup lost income from their insurers. "I think the whole thing is a rip-off," said Thomas Arnold, an optometrist in Sugar Land, Texas. Arnold says he pays $1,083 per month for coverage.

  • CARACAS, Sept 14- Venezuela will make all pending debt payments despite "a series of difficulties" that have arisen as a result of financial sanctions by the United States, Economy Vice President Ramon Lobo said on Thursday. The United States in August prohibited dealings in new debt from Venezuela and state oil company PDVSA in response to the creation of a new...

  • Ex-Shell Oil Co. President Marvin Odum said he'll work closely with state and federal officials, including Texas A&M University Chancellor John Sharp, who was tapped by the governor to lead the state's recovery effort. "The quicker we get clearer on what... the real priorities are for the city, then we work back to to say,' Houston knows what it needs, it knows what comes...