Texas News
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Updated 29 minutes ago
Billionaire Dmitry Rybolovlev, Russia’s 14th-richest person, and his wife, Elena Rybolovleva, have been brawling for almost five years in at least seven countries over his $9.5 billion fortune.
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Updated 49 minutes ago
West Texas Intermediate crude rose to the highest level in more than two weeks on optimism that central banks will maintain economic stimulus to bolster growth.
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Updated 55 minutes ago
The Standard & Poor’s GSCI gauge of 24 commodities climbed 1 percent to 628.68 by 5:05 p.m. in London. The UBS Bloomberg CMCI index of 26 raw materials was up 1.2 percent at 1,486.988.
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Updated 35 minutes ago
A gauge of U.S. corporate credit risk dropped to a three-year low as more Americans signed contracts to buy previously owned homes last month.
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Updated 1 hour, 17 minutes ago
J.C. Penney Co.’s $254.5 million of bonds containing a provision that may restrict the retailer’s debt load surged after the company said proceeds of a new secured loan may be used to amend or acquire the notes.
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Updated 36 minutes ago
Stocks climbed, extending a sixth straight monthly gain for the Standard & Poor’s 500 Index, after U.S. home sales increased and investors speculated central banks will continue to stimulate the economy. The euro rose with Italian bonds as the country forms a government
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Updated 1 hour, 24 minutes ago
J.C. Penney Co. Chief Executive Officer Myron Ullman received a $1.75 billion loan commitment from Goldman Sachs Group Inc. and has been raising some prices as he works to stanch the retailer’s cash drain.
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Updated 1 hour, 49 minutes ago
Broadwind Energy Inc., a Cicero, Illinois-based producer of steel towers, rose the most in more than three weeks after announcing a $34 million order from a U.S. wind-turbine manufacturer.
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Updated 59 minutes ago
Renewable energy developers may win some tax benefits from Congress that only oil and gas companies can enjoy right now.
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Updated 3 hours, 1 minute ago
Gasoline futures fell and crack spreads narrowed as refineries in Louisiana and California returned from planned and unplanned maintenance outages.
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