Top News & Analysis Texas

  • WASHINGTON/ MEXICO CITY, June 7- The United States and Mexico struck a deal on Friday to avert a tariff war, with Mexico agreeing to rapidly expand a controversial asylum program and deploy security forces to stem the flow of illegal Central American migrants. In a joint declaration after three days of talks in Washington, both countries said Mexico agreed to...

  • WASHINGTON/ MEXICO CITY, June 7- The United States and Mexico struck a deal on Friday to avert a tariff war, with Mexico agreeing to rapidly expand a controversial asylum program and deploy security forces to stem the flow of illegal Central American migrants. In a joint declaration after three days of talks in Washington, both countries said Mexico agreed to...

  • A couple sitting outside a residence in San Francisco.

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

  • June 7- U.S. energy firms this week cut the oil rig count to the lowest since February 2018 as drillers follow through on plans to reduce spending with crude prices collapsing to a four-month low. More than half the total U.S. oil rigs are in the Permian basin in West Texas and eastern New Mexico, where active units decreased by six this week to 446, the lowest since...

  • HOUSTON/ MEXICO CITY, June 7- The Trump administration's clashes with Mexico could further squeeze U.S. imports of critical heavy crude oil from Latin America, which have fallen to their lowest in nearly three decades following sanctions on Venezuela, U.S. government and Refinitiv Eikon data shows. The United States relies on heavy crude to blend with lighter...

  • Dr John performs at Under The Bridge on July 18, 2012 in London, England.

    Dr. John, a six-time Grammy winner who in his incarnation as the "Night Tripper" brought the New Orleans voodoo vibe to America's music scene and became one of the most venerated pianists in the city's musical history, died on Thursday at age 77.

  • President Donald Trump has made immigration a central theme of his administration but has grown increasingly frustrated with the ballooning numbers of mostly Central American families crossing the U.S.- Mexico border and turning themselves in to U.S. authorities. A threat of across-the-board tariffs on Mexican goods starting on Monday unless Mexico...

  • June 6- Cotton futures slipped for a third straight session on Thursday on weaker export data, while fresh threats from Washington to impose additional tariffs on more Chinese goods ruffled investors. *Cotton contracts for July settled down 0.15 cent, or 0.2%, at 68.59 cents per lb. * "The export data was negative... until we see significant demand emerge, I think this...

  • While Australia- based Lynas cannot match China's rare earths processing capability, it is hoping that its role as the largest rare earths miner and the largest processor outside of China will help it forge new relationships and fuel expansion projects. China last month warned it may curb exports to the United States of rare earths, a group of 17 minerals used in...

  • While Australia- based Lynas cannot match China's rare earths processing capability, it is hoping that its role as the largest rare earths miner and the largest processor outside of China will help it forge new relationships and fuel expansion projects. China last month warned it may curb exports to the United States of rare earths, a group of 17 minerals used in...

  • *Vuitton still seeing strong China demand- analysts. *Brand shifted stocks to its e-commerce site in China. PARIS, June 6- Louis Vuitton, LVMH's biggest sales driver, has beefed up stocks of its handbags and other luxury wares to feed its growing online business in mainland China, as Chinese consumers spend more at home, its management told analysts.

  • Carlos Gutierrez

    Former Commerce Secretary Carlos Gutierrez says he doesn't see how a comprehensive agreement between Mexico and the U.S. can be made over the weekend.

  • NEW YORK, June 6- The United States may now be the world's biggest crude producer, but the oil being produced in its prolific Permian basin is increasingly too light in density for domestic refiners or for exports, eroding prices for these orphan barrels. Over the past year, production from the Permian in West Texas and New Mexico has changed, with more super-light...

  • NEW YORK, June 5- U.S. refiners warned the Trump administration that tariffs on imports from Mexico could deliver a punishing blow to refiners and raise the cost of gasoline just as the U.S. driving season kicks into high gear, according to sources familiar with the discussions. Trump surprised Mexico last week with a threat to impose 5% tariffs on all its exports...

  • 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...

  • HOUSTON, June 5- Rex Tillerson, the former U.S. secretary of state and Exxon Mobil Corp chairman who has clashed with President Donald Trump since leaving the administration, said on Wednesday he supports the president's trade objectives "but may not support the tactical moves." Speaking to a group of energy executives in Houston, Tillerson said he was concerned...

  • HOUSTON, June 4- Rex Tillerson, former U.S. secretary of state and Exxon Mobil chairman who has clashed with President Trump since leaving the administration, said on Wednesday he supports the president's trade objectives "but may not support the tactical moves." Tillerson said he was concerned that pursuing bilateral trade talks around the globe could weaken...

  • NEW YORK, June 5- For the Parkers of Houston, Texas, there will be no summer vacation this year because they are still paying off the dent in their finances left by 2017' s Hurricane Harvey. Regionally, those numbers are continuing to climb, said Nino Sitchinava, Houzz principal economist, particularly for California, Texas and Florida. In 2016-2017, the most recent...

  • Chief Financial Officer Rob Lloyd said consumers were postponing their console purchases as they awaited new versions of PS4 and Xbox One. The Grapevine, Texas- based retailer lost $280 million in market capitalization on Wednesday. "Overall, the combination of the transformation initiatives, ongoing consumer shift to digital gaming, and current console...

  • Sen. Gary Peters, D-Mich.

    Sen. Gary Peters from Michigan says he's especially concerned for the Detroit automakers that have major production in Mexico.