Business

Wednesday PM March 19th, 2008

Posted on · More corporate boards in Houston instituting mandatory retirement; Spencer Stuart issues snapshot of Houston's 100 largest companies...Air fares to Europe this summer will be double or more...

Business

Tuesday AM March 18th, 2008

Posted on · Stronger exports help offset soaring foreign oil bill...Industrial output falls by sharpest amount since October...BMC Software purchases BladeLogic in $800 million transaction...

Business

Monday PM March 17th, 2008

Posted on · JPMorgan Chase acquiring Bear Stearns in $236.2 million deal...Federal Reserve lowers lending rate to financial institutions to 3.25 percent...President Bush says economic slump may be challenging, but nation's financial institutions are strong...

Business

Tuesday PM March 18th, 2008

Posted on · Fed cuts interest rate by three-quarters of a point...Senator Kay Bailey Hutchison delivers upbeat State of the Senate address to Greater Houston Partnership...Delta Air Lines will offer voluntary severance payouts to more than half its workforce...

Business

Friday PM March 14th, 2008

Posted on · Federal Reserve poised to help troubled investment house Bear Stearns...$11 million restored to settlement fund for former Enron employees...Toyota's San Antonio truck production plant reduces Tundra output...

Business

Thursday AM March 13th, 2008

Posted on · Southwest Airlines grounds 43 planes following FAA penalty on missed inspections...University of Houston to offer carbon trading course next spring...Forbes ranks Houston as #4 Up and Coming Tech City in the U.S...

Business

Thursday PM March 13th, 2008

Posted on · Treasury secretary pushes for stronger regulatory oversight of mortgage lenders...Chrysler tells employees worldwide to take mandatory two-week vacation in July...Dollar continues slide against the Euro and yen...

Business

Wednesday PM March 12th, 2008

Posted on · French prosecutors seek to try Continental Airlines for 2000 Concorde crash that killed 113...Congress considers dueling budget plans...Former Enron CEO Jeff Skilling seeks FBI notes of statements made by former finance chief Andy Fastow...

Business

Wednesday AM March 12th, 2008

Posted on · Anderson Forecast anticipates slumping housing market will lead to higher unemployment rate and less consumer spending...IRS gets word out about economic stimulus package to fixed-income taxpayers...Inspection results from retail food establishments now available online...

Business

Tuesday PM March 11th, 2008

Posted on · Average national price of gasoline up to almost $3.23 a gallon; crude oil climbs to almost $109 a barrel...U.S. trade deficit increases to $58.2 billion in January...Houston City Council looking at ordinance to help control convenience store crime...

Business

Tuesday AM March 11th, 2008

Posted on · Manpower expects Houston hiring to continue at strong pace...Texas businesses enjoy one-year suspension of unemployment tax...San Antonio publisher: newspapers still relevant; content and advertising will be delivered multiple platforms...

Business

Monday AM March 10th, 2008

Posted on · British judge to issue ruling on ExxonMobil's attempt to freeze PDVSA assets...NATCO Group wins contracts for Motiva Port Arthur Refinery Expansion Project...PLx Pharma initiates Phase 1 human testing clinical trial of Aspirin-PC...

Business

Friday AM March 7th, 2008

Posted on · Pending home sales stabilize; foreclosures reach all-time high... Western and Southern Financial Group chief investment officer tells Houston Club we have "the feel of a recession," but the worst of it will be over by year's end...

Business

Friday PM March 7th, 2008

Posted on · Labor Department notes back-to-back monthly job losses; Houston's new jobs growing three times faster than U.S. average...Bayoil executive sentenced to two years for UN Oil-for-Food kickback...President Bush urges taxpayers to spend rebate checks within months...

Business

Thursday PM March 6th, 2008

Posted on · Unemployment falls sharply...Homeowners' debt exceeds equity for first time since 1945...University of Chicago economics professor tells Houston group to expect further house price declines, lower corporate earnings and falling stock prices...