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Top News & Analysis Texas

  • WASHINGTON— The White House and congressional Republicans are finalizing a tax plan that would slash the corporate rate while likely reducing the levy for the wealthiest Americans, with President Donald Trump ready to roll out the policy proposal at midweek. Trump has said he wanted to see a 15 percent rate for corporations, but House Speaker Paul Ryan has...

  • Susan Collins' decision to oppose the GOP push to repeal President Barack Obama's health care overhaul leaves the effort all but dead, with even party leaders conceding that their prospects are dismal. John Thune, the No. 3 GOP Senate leader, said Monday, after Collins joined a small but pivotal cluster of Republicans saying they're against the measure.

  • NEW YORK, Sept 26- Just days after Hurricane Harvey smacked Texas and hobbled a quarter of U.S. refining industry, the supply networks that fuel the nation's cars, trucks and airplanes began to fail. Consumers paid the price as gasoline spiked ahead of Harvey's arrival and jumped again after the storm as the extent of the disruption to Texas refiners became...

  • A damaged home is seen as people deal with the aftermath of Hurricane Maria on September 25, 2017 in Corozal, Puerto Rico.

    Trump said Monday Puerto Rico is in "deep trouble" after Hurricane Maria and that its debt to Wall Street "must be dealt with."

  • WASHINGTON- Federal Reserve Board Governor Lael Brainard speaks on "Labor Market Disparities" before the Federal Reserve Board Conference, "Disparities in the Labor Market: What are we Missing?" FRANKFURT- ECB Chief Economist Peter Praet chairing Jean Monnet Lecture, "Good Pension Design" at Second ECB Annual Research Conference organised by the ECB in...

  • WASHINGTON- Federal Reserve Board Governor Lael Brainard speaks on "Labor Market Disparities" before the Federal Reserve Board Conference, "Disparities in the Labor Market: What are we Missing?" FRANKFURT- ECB Chief Economist Peter Praet chairing Jean Monnet Lecture, "Good Pension Design" at Second ECB Annual Research Conference organized by the ECB in...

  • Energy Secretary Rick Perry asked an oil industry advisory council on Monday to help find ways for oil drillers to exploit technology that captures carbon emissions from coal-fired power plants, by injecting the carbon dioxide into the ground to help drill for oil. "Integrating technology and deploying CCUS at scale still remains a commercial challenge,"...

  • Energy Secretary Rick Perry on Monday asked an oil industry advisory council to help find ways for oil drillers to exploit technology that captures carbon emissions from coal-fired power plants, by injecting the carbon dioxide into the ground to help drill for oil. "Integrating technology and deploying CCUS at scale still remains a commercial challenge,"...

  • WASHINGTON— The U.S. ramped up its response Monday to the humanitarian crisis in Puerto Rico while the Trump administration sought to blunt criticism that its response to Hurricane Maria has fallen short of it efforts in Texas and Florida after the recent hurricanes there. Five days after the Category 4 storm slammed into Puerto Rico, many of the more than 3.4...

  • Most of Puerto Rico has been without lights or air conditioning for five nights and is looking at many, many more. Power has been restored to a hospital in the northern city of Bayamon and to most of a major trauma hospital in San Juan, officials said Monday. Utility workers from New York have arrived to help, while airplanes and barges bring in more generators.

  • *Protests break out at Capitol Hill hearing. WASHINGTON, Sept 25- Republican senators struggled to gather more support for a last-ditch attempt to repeal Obamacare on Monday despite revising funding provisions of their bill to make it more attractive to a handful of undecided lawmakers. In hopes of finding more backing, Republican senators leading the effort...

  • SAN JUAN, Puerto Rico— Every night since Hurricane Maria hit, Miguel Martinez and his family have slept on mattresses on the porch to escape the heat inside their dark, stifling home. The power is still out across nearly all of Puerto Rico after Hurricane Maria smashed poles, snarled power lines and flooded electricity-generating plants last Wednesday, knocking...

  • *Protests break out at Capitol Hill hearing. A Senate Finance Committee hearing on the healthcare legislation on Monday was disrupted by protesters chanting "No cuts for Medicaid, save our liberty." Capitol Hill police removed the protesters, many in wheelchairs, from the hearing room.

  • CLEVELAND— The Cleveland Clinic's chief executive says he's opposed to the Republican health bill in the U.S. Senate because he believes it will burden hospitals, throw people off insurance and fail to address the rising cost of health care. Toby Cosgrove said on Monday he believes doctors and insurers weren't given enough time to assess the impact of the...

  • DALLAS— Exxon Mobil vows to reduce emissions of methane, a potent greenhouse gas, from its natural gas drilling operations. XTO President Sara Ortwein said the company would provide new training for workers and install new equipment that uses compressed air instead of natural gas to run pneumatic equipment in the field. Exxon is the second-largest U.S. emitter...

  • *Protests break out at Capitol Hill hearing. A Senate Finance Committee hearing on the healthcare legislation on Monday was disrupted by protesters chanting "No cuts for Medicaid, save our liberty." Capitol Hill police removed the protesters, many in wheelchairs, from the hearing room.

  • HOUSTON, Sept 25- ExxonMobil Corp said on Monday operations at the company's 560,500 barrel per day Baytown, Texas, refinery, the country's second largest, have returned to normal for the first time since Aug. 27. Sources familiar with plant operations told Reuters earlier on Monday that all production units were back in operation at the Baytown refinery.

  • *Protests break out at Capitol Hill hearing. In hopes of finding more backing, Republican senators leading the effort released a changed version of their bill that included a table showing some states where senators have been undecided, such as Alaska and Maine, would get more money. A Senate Finance Committee hearing on the healthcare legislation on Monday was...

  • Only one thing is certain for insurance shoppers if the latest attempt to replace former President Barack Obama's health care law succeeds: Uncertainty. Lindsey Graham of South Carolina and Bill Cassidy of Louisiana, would shift funding and key coverage decisions for both private insurers and Medicaid to states instead of the federal government.

  • HOUSTON, Sept 25- Exxon Mobil Corp said on Monday operations at the company's 560,500 barrel per day Baytown, Texas, refinery, the country's second largest, have returned to normal for the first time since Aug. 27.