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Top News & Analysis Houston

  • Houston Astros owner: World Series win proves our model did work

    Jim Crane, Houston Astros owner and chairman, discusses the team's first-ever World Series win and how he turned the franchise around using data when he bought the team in 2011.

  • HOUSTON, Nov 28- Shale oil engineer Oscar Portillo spends his days drilling as many as five wells at once- without ever setting foot on a rig. Part of a team working to cut the cost of drilling a new shale well by a third, Portillo works from a Royal Dutch Shell Plc office in suburban Houston, his eyes darting among 13 monitors flashing data on speed, temperature and other...

  • HOUSTON, Nov 28- Shale oil engineer Oscar Portillo spends his days drilling as many as five wells at once- without ever setting foot on a rig. Part of a team working to cut the cost of drilling a new shale well by a third, Portillo works from a Royal Dutch Shell Plc office in suburban Houston, his eyes darting among 13 monitors flashing data on speed, temperature and other...

  • WASHINGTON, Nov 27- U.S. Supreme Court justices on Monday appeared divided over whether a federal agency's in-house process for challenging patents violates the constitutional rights of patent owners, leaving the fate of a system that has led to a high rate of patent cancellations uncertain. In one of the most important Supreme Court patent cases in years, the...

  • WASHINGTON, Nov 27- U.S. Supreme Court justices on Monday appeared divided over whether a federal agency's in-house process for challenging patents violates the constitutional rights of patent owners, leaving the fate of a system that has led to a high rate of patent cancellations uncertain. In one of the most important patent cases to come before the Supreme...

  • CARACAS, Nov 26- Venezuelan President Nicolas Maduro on Sunday tapped a National Guard major general to lead state oil company PDVSA and the Oil Ministry as the OPEC member labors under near 30- year lows in oil production. Industry analysts and sources said the surprise appointment of Manuel Quevedo, a former housing minister with no known energy experience,...

  • CARACAS, Nov 26- Venezuelan President Nicolas Maduro on Sunday tapped a National Guard major general to lead state oil company PDVSA and the Oil Ministry as the OPEC member labors under near 30- year lows in oil production. Manuel Quevedo takes over from two industry veterans to become one of the most powerful players in the country, which is home to the world's...

  • CARACAS, Nov 26- Venezuelan President Nicolas Maduro on Sunday tapped a National Guard major general to lead state oil company PDVSA and the oil ministry as the OPEC member labors under near 30- year lows in oil production. Last week, six executives from U.S.-based Citgo Petroleum Corp, a Venezuelan-owned refiner and marketer of oil and petrochemical products,...

  • CARACAS, Nov 26- Venezuelan President Nicolas Maduro on Sunday tapped a major general in the National Guard to head state oil company PDVSA and the OPEC country's oil ministry in what he said was an attempt to clean up the energy industry after a number of corruption scandals. Quevedo, who describes himself on Twitter as a "soldier of the people, a Chavista, and...

  • CHICAGO/ NEW YORK, Nov 24- U.S. stores offered deep discounts, entertainment and free gifts to lure bargain hunters on Black Friday, the traditional start of the holiday retail season, but some shoppers said they were just browsing the merchandise, reserving their cash for internet purchases. Still, a sharp rise in online sales brightened the overall outlook for...

  • CHICAGO/ NEW YORK, Nov 24- U.S. stores offered deep discounts, entertainment and free gifts to lure bargain hunters on Black Friday, the traditional start of the holiday retail season, but some shoppers said they were just browsing the merchandise, reserving their cash for internet purchases. Still, a sharp rise in online sales brightened the overall outlook for...

  • CHICAGO/ NEW YORK, Nov 24- U.S. stores offered deep discounts, entertainment and free gifts to draw bargain hunters on Black Friday, the traditional start of the holiday shopping season, but some shoppers said they were just eyeing goods, reserving their cash for online purchases. Black Friday sales were off to a strong start online, at $640 million of 10 a.m. ET,...

  • CHICAGO/ NEW YORK, Nov 24- Deep discounts, free gifts, in-store entertainment and mild weather drew bargain hunters to U.S. stores on Black Friday, the traditional start of the holiday shopping season, but many shoppers were just eyeing goods, reserving their cash for online purchases. Black Friday sales were off to a strong start online, at $640 million of 10 a.m. ET,...

  • WASHINGTON, Nov 21- U.S. home sales increased more than expected in October as hurricane-related disruptions eased, but a chronic shortage of houses which is pushing prices beyond the reach of some first-time buyers remains an obstacle. The NAR said sales in Houston and Jacksonville, regions which bore the brunt of Hurricanes Harvey and Irma, had rebounded.

  • CARACAS/ HOUSTON, Nov 21- Venezuela's state-run PDVSA is siphoning oil from its cash-paying joint ventures with foreign firms to feed its domestic refineries, two sources close to the matter told Reuters, at a time when late debt payments have triggered defaults. The lack of these exports add to the nation's cash crunch as President Nicolas Maduro tries to...

  • WASHINGTON, Nov 21- U.S. home sales increased more than expected in October as hurricane-related disruptions dissipated, but a chronic shortage of houses which is pushing prices beyond the reach of some first-time buyers remains an obstacle. The National Association of Realtors said on Tuesday that existing home sales rose 2.0 percent to a seasonally...

  • WASHINGTON, Nov 21- U.S. home sales increased more than expected in October as hurricane-related disruptions dissipated, but a chronic shortage of houses which is pushing prices beyond the reach of some first-time buyers remains an obstacle. The National Association of Realtors said on Tuesday that existing home sales rose 2.0 percent to a seasonally...

  • LINCOLN, Neb./ CALGARY, Alberta, Nov 20- Nebraska regulators approved a route for TransCanada Corp's Keystone XL pipeline through the state on Monday, removing a big regulatory obstacle for the long-delayed project backed by President Donald Trump, but leaving its future shrouded in legal and market uncertainty. The 3-2 vote by the Nebraska Public Service...

  • Nov 20- Hundreds of victims of the Oct. 1 mass shooting in Las Vegas filed five lawsuits on Monday in a California court against the operators of the hotel from which the gunman fired, the organizers of the country music festival he targeted and the killer's estate. Muhammad Aziz, a Houston- based lawyer heading the lawsuits, said they were filed in California...

  • LINCOLN, Neb./ CALGARY, Alberta, Nov 20- Nebraska regulators approved a route for TransCanada Corp's Keystone XL pipeline through the state on Monday, removing a big regulatory obstacle for the long-delayed project backed by President Donald Trump, but leaving its future shrouded in legal and market uncertainty. The 3-2 vote by the Nebraska Public Service...