Posted on · In a tight jobs market some employees may find themselves in a tough ethical situation, as they consider reporting suspected workplace violations. Workers may be afraid to say anything because they're afraid of getting fired. But legal avenues are available to people who suspect wrongdoing — as Gail Delaughter reports.
Posted on · Continental Airlines says it's hoping to keep up the momentum from the first half of the year into the second half of 2010. As David Pitman reports, fewer flights and more passengers helped the Houston-based carrier to its best second-quarter performance in ten years.
Posted on · The unemployment rate in Texas is holding steady — even though January's job gains were wiped out by last month's job losses. Details from David Pitman.
Posted on · If you drive past downtown Houston, you might notice the half dozen or so high-rise cranes hovering over buildings under construction. What's unusual is those large buildings are going up in what is still considered a down economy, when many similar projects have been sidelined. Unlike downtowns in many other large cities, downtown Houston is weathering the recession with cautious optimism.
Posted on · We've heard a number of economists say the worst of the recession appears to be behind us. But with unemployment in Texas above 8 percent, there are still a lot of people who continue to have trouble paying their bills and that's lead to increases in both complaints and lawsuits in Houston against debt collection agencies who turn to abusive and illegal practices to get people to pay up. David Pitman has more.
Posted on · Economic analysts say so far, more shoppers are hitting the stores this holiday season than last year, and that includes Houston. But the news isn't all rosy. Bill Stamps explains why.
Posted on · The Commerce Department reports an increase in the gross domestic product. Some economists hail it as a sign that the recession is over. But renowned University of Houston Economist Barton Smith says not so fast. He told business leaders at his Economic Forecast Symposium that the labor market, a key barometer of any recovery, has yet to rebound. Pat Hernandez has the story.
Posted on · Texas Governor Rick Perry says the state's emerging technology fund strengthens the economic environment while cultivating research and innovation. He came to town to announce ETF Investments in five Houston area companies. Pat Hernandez has the story.
Posted on · A mobile, interactive classroom is teaching young people how to prepare for the real world through lessons in money management. Capital One and Junior Achievement are partners in the program. Ed Mayberry reports.
Posted on · This time last year gas was nearly four dollars a gallon and many Americans, who would have otherwise traveled on Memorial Day, decided to stay home. This year gas is much cheaper but it's the economy that's worse. Bill Stamps asked some Houston residents if the downturn has affected their weekend plans.
Posted on · Citing low sales, an outdated network and competing stores, Chrysler plans to shut down one fourth of its dealers in June. More are to close in Texas than in any other state. Six are in the Houston area. Pat Hernandez has more.
Posted on · The mayor's proposed budget plan for Houston includes dipping into the city's cash reserves. More than 200-million dollars are set aside for times such as these — and Mayor Bill White says the time has come to use some of that money. Laurie Johnson reports.
Posted on · Meteorologists say the forecast for Houston this week is hot and dry. The longterm economic forecast isn't much different. The University of Houston's noted economics professor Dr Barton Smith gave his bi-annual address today. Smith says Houstonians should prepare for rough times. Bill Stamps has more.
Posted on · Houstonians are more worried about the economy than they have been in years. The annual Houston Area Survey now shows economic fears surpass concerns about crime and transportation. Laurie Johnson reports.
Posted on · Harris County Commissioners approve an agreement with the City of Houston to apply for federal stimulus money that will be split evenly with the city. The money will come from a justice department grant program to make neighborhoods safer. Pat Hernandez has the story.