×

Top News & Analysis Texas

  • July 5- Norwegian Air Shuttle Asa. *Launches flights from London to Chicago and Austin, and from Paris to Boston and Oakland. *Will also raise frequency of flights between Paris-Los Angeles and Paris-New York Further company coverage:.

  • NEW YORK, July 4- A new fund led by Greystar Real Estate Partners, the largest operator of apartments in the United States, will acquire luxury U.S. apartment developer Monogram Residential Trust Inc in a deal valued at about $3 billion, the companies said on Tuesday. Plano, Texas- based Monogram owns, operates and develops luxury apartment communities in coastal...

  • July 3- Activist investor Jana Partners LLC disclosed a 5.8 percent stake in natural gas producer EQT Corp on Monday and urged the company to abandon its $6.7 billion buyout of rival Rice Energy Inc.. The move, which threatens to scuttle EQT's plans to become the largest U.S. natural gas producer, is hedge fund Jana's latest foray into the energy sector.

  • July 3- Activist investor Jana Partners LLC disclosed a 5.8 percent stake in natural gas producer EQT Corp on Monday and urged the company to abandon its $6.7 billion buyout of rival Rice Energy Inc.. The move, which threatens to scuttle EQT's plans to become the largest U.S. natural gas producer, is hedge fund Jana's latest foray into the energy sector.

  • July 3- Activist investor Jana Partners LLC disclosed a 5.8 percent stake in natural gas producer EQT Corp on Monday and urged the company to abandon its $6.7 billion buyout of rival Rice Energy Inc.. "EQT seeks to maintain an open dialog with investors and respects their opinions and perspectives," EQT spokeswoman Natalie Cox said in a statement.

  • July 3- Activist investor Jana Partners LLC disclosed a 5.8 percent stake in natural gas producer EQT Corp on Monday and urged the company to abandon its $6.7 billion buyout of rival Rice Energy Inc.. EQT's shares gained 2 percent to $59.78, while shares of Rice Energy fell 3.7 percent to $25.65 in mid-day trading. Rice must pay EQT a breakup fee of $255 million if...

  • Homeland Security and FBI officials could not be reached for comment on the report, which was dated June 28. A virus dubbed "NotPetya" attacked on Tuesday, spreading from initial infections in Ukraine to businesses around the globe. On Tuesday the energy-industry news site E&E News reported that U.S. investigators were looking into cyber intrusions this year at...

  • President Donald Trump, the Labor Department has continued to fight a challenge to an Obama administration-era rule to raise the pay threshold for overtime eligibility. The Labor Department told a federal appeals court on Friday it had the power to use salaries to set thresholds for mandatory overtime pay, without advocating for the $47,500 maximum salary...

  • The Labor Department told a federal appeals court on Friday it had the power to use salaries to set thresholds for mandatory overtime pay, without advocating for the $47,500 maximum salary level set by the department under Obama. The Labor Department is challenging a November decision from a federal judge in Texas that blocked the Obama rule, a decision that...

  • NEW YORK, June 30- Amazon.com Inc's game-changing move to upend the grocery business with a surprise deal to buy Whole Foods Market Inc compounds a problem already vexing fund managers: how to play U.S. consumer spending when the Seattle- based e-commerce giant is threatening to take over retail. Low unemployment and a solid housing market boost consumer stocks,...

  • LONDON, June 30- U.S. shale firms are drilling themselves into a deep hole despite warnings from industry leaders about the risk of flooding the market with too much crude. Current oil prices are not sustainable according to Harold Hamm, the chief executive of Continental Resources, said in an interview on June 28. Prices need to be above $50 per barrel to be...

  • LONDON, June 30- U.S. shale firms are drilling themselves into a deep hole despite warnings from industry leaders about the risk of flooding the market with too much crude. Current oil prices are not sustainable according to Harold Hamm, the chief executive of Continental Resources, said in an interview on June 28. Prices need to be above $50 per barrel to be...

  • SINGAPORE, June 30- Asian demand for crude oil from the Atlantic Basin and the Americas is set to rise as low prices drive Japanese and South Korean buyers to snap up cargoes to arrive ahead of peak winter consumption. The loading of oil shipments from Europe and the Americas to Asia tapered off in June after surging between March and May, but the recent price slump...

  • SINGAPORE, June 30- Asian demand for crude oil from the Atlantic Basin and the Americas is set to rise as low prices drive Japanese and South Korean buyers to snap up cargoes to arrive ahead of peak winter consumption. The loading of oil shipments from Europe and the Americas to Asia tapered off in June after surging between March and May, but the recent price slump...

  • WASHINGTON, June 29- The U.S. Senate resolved a technical issue on Thursday that had stalled a new package of sanctions on Russia but the measure faces opposition in the House that could mean more delays, lawmakers said. The Countering Iran's Destabilizing Activities Act, which also includes the Russia sanctions, passed the Senate in a 98-2 vote on June 15.

  • WASHINGTON, June 29- President Donald Trump on Thursday promoted a "golden era" of the U.S. energy business by seeking to assert power abroad through a boost in natural gas, coal and petroleum exports. The United States also will offer to export coal to Ukraine, where energy consumers often have suffered from cuts in natural gas supply by Russia.

  • The United States also will offer to export coal to Ukraine, where energy consumers have suffered from cuts in natural gas supply by Russia. After decades of being a major importer of natural gas, the United States is set to become a net exporter of gas by 2018 thanks to the boom in fracking in states like Texas and Pennsylvania. As the United States aims to boost LNG...

  • WASHINGTON, June 29- The United States has issued permits for three NuStar Logistics, L.P. pipelines crossing the U.S.- Mexico border, the State Department said in a statement on Thursday. The permit for the New Burgos Pipeline authorizes construction, operation and maintenance of a new pipeline capable of delivering up to 108,000 barrels per day of refined...

  • WASHINGTON, June 29- The United States has issued permits for three NuStar Logistics, L.P. pipelines crossing the U.S.- Mexico border, the State Department said in a statement on Thursday. The permit for the New Burgos Pipeline authorizes construction, operation and maintenance of a new pipeline capable of delivering up to 108,000 barrels per day of refined...

  • The Texas- based charity, previously known as Chronic Disease Fund Inc, has since February filed several lawsuits in federal courts in three states and the District of Columbia to quash summonses the IRS served on drug companies that donated to it. In court papers, the IRS said that in 2011, about 95 percent of the $129.3 million in assistance the charity provided...