Top News & Analysis Texas

HOUSTON, Jan 16- Traders of refined petroleum products said on Wednesday that pipeline system problems in Mexico may explain the third straight record increase in U.S. Gulf Coast gasoline stockpiles. The U.S. Energy Information Administration said the Gulf Coast gasoline inventory reached 90.96 million barrels last week, according to the EIA.

CAPE CANAVERAL, Fla., Jan 16- Firefly Aerospace Inc, a resurgent rocket company founded by a former SpaceX engineer, plans to build a factory and launch site at Florida's Cape Canaveral Spaceport in a $52 million deal, people familiar with the project said on Wednesday. Companies like Firefly, billionaire British entrepreneur Richard Branson's Virgin Orbit, and...

But in Washington, the move remains a public relations crisis that threatens to derail a methodical effort by Chief Executive Mary Barra to keep GM in good graces with the White House and other politicians. Representative Debbie Dingell, a Democrat from southeast Michigan and former GM employee, said at the time that GM had become "the most thoroughly disliked...

CHICAGO, Jan 15- United Airlines on Tuesday reported a fourth-quarter profit that easily beat Wall Street forecasts, sending shares higher, as the No. 3 U.S. carrier scheduled more flights out of its hubs and won back customers after a series of public relations disasters. Chicago- based United attributed its revenue growth to a strategy launched last January to...

Jan 14- PG&E Corp, owner of the biggest U.S. power utility by customers, said on Monday it is preparing to file for Chapter 11 bankruptcy protection as soon as this month amid pressure from potentially crushing liabilities linked to California's catastrophic wildfires in 2017 and 2018.. PG&E, which provides electricity and natural gas to 16 million customers in...

**MADRID- Bank of Spain Governor Pablo Hernández de Cos will deliver a speech on the Spanish economy at the 9th edition of Spain Investors Day- 1900 GMT STRASBOURG, France- ECB President Mario Draghi participates in meeting of the plenary of the European Parliament to mark the 20th anniversary of the euro in Strasbourg 1030 GMT. STRASBOURG, France- The European...

The FAA said it is constrained by law about what it can do during a shutdown and was allocating resources based on risk assessment to meet all safety-critical functions. "Our focus is to maintain our systems high level of safety for existing operations and aircraft fleet," FAA spokesman Greg Martin said. Southwest Airlines said on Monday it had paused its plans to...

Jan 14- Federal Aviation Administration approval of aircraft such as Boeing's MAX and new routes like Southwest Airline Co's Hawaii launch are on hold due to the U.S. government shutdown, delaying commercial operations. Southwest Airlines said on Monday it had paused its plans to launch service to Hawaii because the FAA groups that oversee the route...

*China December exports unexpectedly drop. *Tech biggest drag among 11 S&P sectors. NEW YORK, Jan 14- U.S. stocks declined on Monday as an unexpected drop in China's exports reignited worries of a global economic slowdown and prompted caution among investors as the corporate earnings season kicks off.

Jan 14- U.S. natural gas futures surged over 15 percent on Monday on forecasts for much colder weather through the end of January than previously expected, sparking a return of extreme volatility seen at the end of last year. "This pattern could easily extend into February and bring several weeks of sustained cold and elevated heating demand, resulting in the...

Jan 14- U.S. natural gas futures surged nearly 13 percent on Monday on forecasts for much colder weather through the end of January than previously expected, sparking a return of extreme volatility seen at the end of last year. "This pattern could easily extend into February and bring several weeks of sustained cold and elevated heating demand, resulting in the...

PG&E, which provides electricity and natural gas to 16 million customers in northern and central California, faces widespread litigation, government investigations and liabilities that could potentially exceed $30 billion due to the fires, the company said. The most recent fire last November killed at least 86 people in the deadliest and most destructive...

WASHINGTON, Jan 14- The U.S. Supreme Court on Monday turned away a Texas bank's constitutional challenge to the structure of the U.S. Consumer Financial Protection Bureau, passing up a case that could have led to more presidential power over an independent agency that President Donald Trump's administration already has weakened. Justice Brett Kavanaugh, a...

WASHINGTON, Jan 14- The U.S. Supreme Court on Monday turned away a Texas bank's constitutional challenge to the structure of the U.S. Consumer Financial Protection Bureau, passing up a case that could have led to more presidential power over an independent agency that President Donald Trump's administration already has weakened.

PG&E, the biggest power company in the United States with customers, said it planned to file for bankruptcy protection around Jan. 29, and was giving a 15- day notice to employees to comply with California law. PG&E is reeling from the November Camp fire that swept through the California mountain community of Paradise and killed at least 86 people in the deadliest...

*U.S. talks with Doha to supply Germany with LNG- official. DUBAI/ DOHA, Jan 14- The United States wants Qatar, the world's top liquefied natural gas supplier, to challenge Russia's gas dominance in Europe, a U.S. administration official said on Monday. Energy Secretary Dan Brouillette told Reuters that the United States is talking with Doha about supplying Europe...

WASHINGTON, Jan 13- Unscheduled absences among federal airport security screeners jumped on Sunday, forcing a checkpoint and ticket counter to close in Houston, as a partial government shutdown that has frozen pay checks moved into its 23rd day. The Transportation Security Administration, the agency responsible for airport security screening, said...

STRASBOURG, France- The European Central Bank's President Mario Draghi addresses the European Parliament and responds to questions from lawmakers about the ECB's annual report for 2017.- 1500 GMT OSLO- Norwegian Finance Minister Siv Jensen delivers speech on the "state of the nation" at a breakfast seminar- 0800 GMT. PHILADELPHIA, United States- Federal...