City Houston Financial News

01.05 / 11:53

COST UPS Waters Platform Chevron wellness Interviews BP bets big, again, on the Gulf of Mexico

THUNDER HORSE OIL PLATFORM—This hulking production base 150 miles offshore from New Orleans has long embodied BP’s outsize ambitions in the Gulf of Mexico and also reflected its recurring setbacks. Stretching roughly three football fields and pumping crude from more than a mile below the water’s surface, Thunder Horse in 2005 was found listing so precariously that it appeared in danger of sinking. Once it got roaring in 2008, three years behind schedule, it helped BP cement its position as one of the Gulf’s leading producers, capable of some of the industry’s biggest technical marvels.

29.04 / 21:45

COST Highways track testing travelers rights Traffic Tractor-trailers with no one aboard? The future is near for self-driving trucks

Late this year, Aurora Innovation Inc. plans to start hauling freight on Interstate 45 between the Dallas and Houston areas with 20 driverless trucks

25.04 / 13:41

COST UPS CEO Airlines Boeing wellness travelers Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well

American and Southwest airlines both say they lost money in the first quarter, and they're responding by trying to cut costs

20.04 / 16:06

Death War reports Department rights Interviews Investigations A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion

Dau Mabil escaped war-torn Sudan as a child and built a new life in Mississippi

17.04 / 16:23

markets Reuters Trade President War Oil trades near one-month low over demand concerns despite Iran-Israel war; Brent at $89/bbl

₹6,973 per barrel on the multi commodity exchange (MCX). Oil prices have softened this week as economic headwinds curb gains from geopolitical tensions, with markets eyeing how Israel might respond to Iran's weekend attack. Analysts do not expect Iran's unprecedented missile and drone strike on Israel to prompt dramatic U.S.

11.04 / 20:23

Provident Action security Align Enterprise President Department Environmentalists protest as Biden administration approves huge oil export terminal off Texas coast

The Biden administration has approved construction of a deepwater oil export terminal off the Texas coast that would be the largest of its kind in the United States

11.04 / 03:01

markets Citi Analysis wellness Actor country gatherings Oklahoma sues natural gas companies over price spikes during 2021 winter storm

Oklahoma's attorney general is suing two Texas-based natural gas companies over soaring prices during Winter Storm Uri in 2021

08.04 / 14:59

Aviat Airlines Boeing cover reports Department Investigations An engine cover on a Southwest Airlines plane rips off, forcing the flight to return to Denver

The Federal Aviation Administration says a Southwest Airlines jet leaving Denver was forced to land after the engine cover fell off and struck the wing flap during takeoff

08.04 / 03:13

Airlines Boeing cover reports Investigations International Loss of engine cover on Southwest Boeing 737-800 prompts FAA investigation

engine cover on a Southwest Airlines Boeing 737-800 fell off on Sunday during takeoff in Denver and struck the wing flap, prompting the U.S. FAA to open an investigation. No one was injured and Southwest Flight 3695 returned safely to Denver International Airport around 8:15 a.m. local time on Sunday and was towed to the gate after losing the engine cowling.

08.04 / 01:39

Aviat Airlines Boeing cover information reports International Southwest Boeing 737's engine cover fell off during takeoff, 2nd incident in a week

Boeing 737-800 returned to Denver International Airport on Sunday morning after the engine cowling fell off and struck the wing flap during takeoff, the Federal Aviation Administration said. The airlines, in an official statement, informed that the Boeing 737 landed safely at Denver International Airport and the passengers headed to Houston's William P. Hobby Airport were being shifted to another jet.

06.04 / 12:23

markets UPS JPMorgan Trade show International Morning Coffee: Traders storm out over paltry bonuses. 27-year-old JPMorgan analyst caught in deadly door nightmare

Bonus day is always a period of high emotions, and sometimes these come out as undignified behaviour. Bad language, slammed doors and even smashed phones are all pretty common responses to a number that’s much lower than wanted. But it’s unusual to see anything like the scenes at Aramco’s oil trading operations in Houston, where apparently some traders walked out and went on strike.

04.04 / 20:29

Airlines Boeing reports Pilot says brakes seemed less effective than usual before a United Airlines jet slid off a taxiway

Federal officials are issuing a preliminary report about a United Airlines jet that slid off a taxiway at a Houston airport last month

03.04 / 12:29

markets Provident CEO Platform Cirrus reports Relationships acquires Financial Sequoia Financial Group acquires $310M AUM Texas RIA

Sequoia Financial Group has expanded its $18 billion AUM business with the acquisition of an RIA firm in Houston.

03.04 / 03:41

markets UPS Platform security Enterprise President OneDigital snaps up Texas-based wealth and retirement practice

OneDigital has made another move to bolster its wealth management and retirement business with an addition to its RIA subsidiary in Texas.

27.03 / 18:27

markets COST UPS Citi Waters community Features Retirees: Is it time to downsize, even in this real estate market?

Your home is your sanctuary, but it’s also one of your biggest budget items

26.03 / 05:09

markets Provident Digital Coindesk Bitcoin reports fencing Bitcoin’s surge stirs crypto VC from its slumber

Crypto startups raising capital have been stuck in the mud for much of the past couple of years. They are starting to gain traction now thanks to one of the industry’s key underlying assets: bitcoin. The digital currency’s price has jumped 38% in the past month to $71,010 as of Monday’s market close and has surged 168% over the past six months, according to the CoinDesk Bitcoin Price Index.

25.03 / 02:09

Twitter MET Man Intuit Photos testing US Moon lander 'permanently' asleep after historic landing: company

private spaceship on the Moon has met its ultimate end after failing to «wake up,» the company that built it said. Houston-based Intuitive Machines said late Saturday that the lander, named Odysseus, had not phoned home this week when its solar panels were projected to receive enough sunlight to turn on its radio.

24.03 / 12:29

Provident CEO Southern reports strain Interviews Big Tech’s Latest Obsession Is Finding Enough Energy

HOUSTON—Every March, thousands of executives take over a downtown hotel here to reach oil and gas deals and haggle over plans to tackle climate change. This year, the dominant theme of the energy industry’s flagship conference was a new one: artificial intelligence. Tech companies roamed the hotel’s halls in search of utility executives and other power providers.

23.03 / 21:39

Aviat Action Airlines Assurant Boeing reports prevention US FAA weighs curbing new routes for United after safety incidents, Bloomberg reports

(Reuters) -The U.S. Federal Aviation Administration is considering measures to curb growth at United Airlines, including preventing the carrier from adding new routes, following a series of safety incidents, Bloomberg News reported on Saturday.

23.03 / 00:59

Reuters Aviat Boeing President rights Investigations US to boost scrutiny of United Airlines after safety incidents

By David Shepardson and Rajesh Kumar Singh

20.03 / 15:35

CEO BlackRock Patrick stage Schools politician International BlackRock will lose management of $8.5B Texas fund assets

It was just weeks ago when BlackRock Inc. CEO Larry Fink took the stage with Texas Lt. Gov. Dan Patrick at an industry event in Houston.

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