Texas News
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Updated 1 hour, 15 minutes ago
Oil dropped from a nine-month high in New York as investors speculated that fuel demand may falter after a report showed crude stockpiles increased in the U.S., the world’s biggest consumer of the commodity.
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Updated 2 hours, 22 minutes ago
American Airlines will pare service in New York City, the world’s busiest aviation market, during the peak of the U.S. travel season as parent AMR Corp. reorganizes in bankruptcy and larger rivals expand.
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Oil rose to a nine-month high as International Atomic Energy Agency officials were denied access to an Iranian military base and said negotiations over the country’s nuclear program “couldn’t finalize a way forward.”
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Updated 1 hour, 31 minutes ago
Mitt Romney called for a 20 percent across-the-board cut in individual income tax rates today as part of an effort by his campaign to turn the focus of the Republican presidential primaries back to economic issues.
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Bloomberg’s Josh Lipton reports on the Texas Roadhouse today's wildest stock mover. (Source: Bloomberg)
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President Barack Obama should release crude from the Strategic Petroleum Reserve to stem rising gasoline prices, three U.S. House Democrats said, a move the energy industry opposes.
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The premiums for Light Louisiana Sweet and Heavy Louisiana Sweet oils over the benchmark West Texas Intermediate widened as the difference between WTI and Brent increased.
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R. Allen Stanford’s criminal fraud trial resumed today after testimony was halted yesterday afternoon when the defendant became ill.
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Updated 15 minutes ago
The Obama administration called for reducing the corporate tax rate to 28 percent from 35 percent, eliminating tax breaks and changing core features of the tax code such as interest deductibility.
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In 2003, U.S. Supreme Court Justice Sandra Day O’Connor, with one foot out the door to care for her beloved husband, did the country a last favor by resolving the affirmative action debate in college admissions once and for all. Or so we thought.
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