Posted on · Government investigators raid EGL offices in surcharge probe…BP plans organizational changes…Waste Management announces “green” initiative… The FBI raided the Houston and London offices of EGL on Wednesday in an industry-wide antitrust investigation. An EGL spokesperson says the investigation is related to surcharge practices in the global freight industry for fuel costs and customs handling. The […]
Posted on · Houston technology start-ups awarded more than $3.86 million in grants from Texas Emerging Technology Fund…Secretary of State Condoleezza Rice urges Congress to pass three Latin American free trade agreements…UAW threatens strike against Chrysler if agreement isn’t reached by this morning… The Houston Technology Center hosted its fourth annual showcase at the Hyatt downtown, with Texas […]
Posted on · Bush announces initiative to help homeowners avoid foreclosure…Realtors cut forecast for home sales…Chrysler and United Auto Workers suspend talks after thousands walk off job… The Bush administration has announced a new effort to help homeowners avoid being trapped in a rising tide of foreclosures. Treasury Secretary Henry Paulson says the initiative will bring together 11 […]
Posted on · American Airlines to resume talks with ground workers union next month…Supreme Court considers case that could affect Enron investors…Mozambique to develop $1.1 billion steel project cancelled after Enron’s collapse… American Airlines is profitable again after racking up $8 billion in losses since 2001. Now the Fort Worth-based carrier faces a three-front battle to limit labor […]
Posted on · Supreme Court considers case that could affect Enron shareholders…Houston Technology Center showcases technology start-ups…New attorney for jailed former Dynegy executive blames prosecutorial misconduct for conviction… A lawyer for corporate investors ran into tough questioning from U.S. Supreme Court justices today, as the court tries to set boundaries in stockholder lawsuits for securities fraud. The questions […]
Posted on · Houston office leasing market posts healthy absorption; vacancy rate falls to lowest level since 1999…Senate votes to add $1 billion to NASA’s budget…Three Houston-area entrepreneurs win Make Mine a Million $ Business awards at Texas Conference for Women… Houston’s office leasing market posted another healthy quarter, registering 764,649 square feet of positive absorption, according to […]
Posted on · Houston summit assesses current energy situation...Texas Business Leaders Confidence Index looks for better third quarter than rest of nation...Some 47 per cent of RVers in Texas camping less often and closer to home...