Business

Thursday AM February 14th, 2008

Posted on · Former Federal Reserve Chairman Alan Greenspan addresses annual Cambridge Energy Research Associates forum...Retail sales post slight rebound in January...NOAA and Shell Oil to install weather and ocean measuring instruments on seven oil rigs in Gulf of Mexico...

Business

Thursday PM February 14th, 2008

Posted on · CERA report charts rise in power plant construction costs; investment challenges outlined for petroleum refining capacity…Sales of previously-owned homes falls nationwide; Houston shows slight increase in median home prices…Imperial Sugar refinery blast in Georgia claims eighth victim… Petroleum refining capacity will face significant reconfiguration and investment challenges over the next 12 years, according to Cambridge […]

Business

Wednesday PM February 13th, 2008

Posted on · President Bush signs economic stimulus package; $300 to $1,200 tax rebate checks coming in May...Hollywood's writers back on job after three-month strike...Morgan Stanley cutting 1,000 jobs in mortgage lending units; its Saxon Mortgage Services unit in Texas will still service loans...

Business

Wednesday AM February 13th, 2008

Posted on · CERA conference brings industry leaders together to discuss energy risk, security...Federal budget deficit running at twice the pace as last year's imbalance...General Motors reports largest annual loss ever for an American automaker...

Business

Friday AM November 30th, 2007

Posted on · Texas mayors calling for widespread use of compact florescent lights…Mexico says oil platform leak in Gulf could take months to repair…Industry leaders, education officials and representatives of state regulatory agencies named to Governor’s Competitiveness Council… Mayor Bill White today joins with the four mayors of the state’s largest cities to call on Texans to switch […]

Business

Friday PM November 30th, 2007

Posted on · NRC accepts application to build two new nuclear units at South Texas Project…ConocoPhillips proposes Alaskan natural gas pipeline…Texas mayors endorse compact fluorescent light bulbs… The Nuclear Regulatory Commission has accepted a New Jersey energy company’s application to build two new nuclear power plant units in southeast Texas. NRG Energy of Princeton, New Jersey, says the […]

Business

Thursday PM November 29th, 2007

Posted on · Deadly Enbridge pipeline fire in Minnesota briefly affects crude oil prices…Judge allows victims of BP Texas City explosion to pursue plea agreement complaints…Figures show continued stress in new home sales; foreclosure filings nearly doubled in October from same month last year… Oil prices were briefly affected by a pipeline fire in northern Minnesota, owned by […]

Business

Wednesday AM November 28th, 2007

Posted on · Pemex dismantles damaged Gulf of Mexico oil platform…British regulators approve proposed merger between Transocean and GlobalSantaFe…Synthesis Energy Systems to build coal-to-methanol gasification plant in China… Mexico’s state-run oil company is dismantling a damaged oil platform off the Gulf Coast. Pemex decided to take down the platform because heat from near-constant fires have made it unstable. […]

Business

Tuesday AM November 27th, 2007

Posted on · EPA holds hearing on refinery emission standards…KBR wins Canadian gasification unit contract…Sugar Land-based Imperial Sugar Company forms joint venture with Mexican sugar processor… The Environmental Protection Agency is holding a hearing on its proposed rule for the National Emissions Standards for Hazardous Air Pollutants for Petroleum Refineries today at the Hartman Park Community Center on […]

Business

Tuesday PM November 27th, 2007

Posted on · Oscar Wyatt, Jr., sentenced for his role in UN Oil-for-Food scandal…Second judge recuses himself from BP case; BP pushes for judge to sign off on felony plea deal stemming from March 2005 Texas City refinery explosion…Houston business leaders participate in one-day business development mission to Mexico City… Houston oilman Oscar Wyatt, Jr., has been sentenced […]

Business

Monday PM November 26th, 2007

Posted on · “Cyber Monday” follows post-Thanksgiving holidays sales…Lawyers who recovered $7.2 billion in settlements for Enron investors seek $700 million in fees…British newspaper says NatWest Three are nearing plea agreement in return for lighter sentence… The online holiday shopping season officially kicked off today. The Monday after Thanksgiving is tagged “Cyber Monday” by the National Retail Federation. […]

Business

M.D. Anderson Cancer Center Collaboration With Drug Company Could Bring New Medicines to Market Faster

Posted on · A new collaboration between M.D. Anderson Cancer Center and a major drug company has been formed to reduce delays in the drug approval and development process. Houston Public Radio’s Ed Mayberry Reports. Click to Listen Typically, pharmaceutical companies bring FDA-approved investigational new drugs to cancer centers for clinical trial.  But a collaboration between M.D. Anderson […]

Business

Friday AM November 9th, 2007

Posted on · Jobless claims drop…Iraq war reservists not always getting their old civilian jobs back…Cactus Records re-opening today at new location… Jobless claims fell last week to their lowest level in a month. The Labor Department reports 317,000 laid-off workers filed claims for unemployment benefits. That was 13,000 fewer than the week before. The improvement was bigger […]

Business

Thursday PM November 8th, 2007

Posted on · Valero refinery explosion in Port Arthur reduces plant output; refinery expansion planned for New Orleans…Federal Reserve Chairman looks for economy to slow in the coming months… An early-morning explosion at the Valero Energy Port Arthur refinery prompted an emergency shutdown of a unit that removes sulfur from hydrocarbons this morning. A Valero spokesman said no […]

Business

Thursday AM November 8th, 2007

Posted on · Business Confidence Survey indicates expectations for higher growth rates…Worker productivity surges at fastest pace in four years…Survey finds consumers reducing spending this holiday season; concerns about all product recalls… Fifty-five percent of small business executives are optimistic about the economy heading into 2008, according to an Administaff survey. Their Business Confidence Survey says nearly 55 […]