State Texas Financial News

23.08 / 16:39

markets Citi Provident Target economy travelers Oil climbs with U.S. Federal Reserve pivot

Oil prices rose more than 1% on Friday as U.S. Federal Reserve Bank Chair Jerome Powell signalled interest rate cuts would be among the central bank's priorities in the coming months. Brent crude futures rose by $1.27, or 1.63%, to $78.49 a barrel at 9:50 a.m. CDT (1450 GMT), while U.S. West Texas Intermediate (WTI) crude futures rose $1.33, or 1.81%, to $74.34.

23.08 / 16:26

markets Software Healthcare Trade information reports Courts Cognizant sues software rival Infosys over trade secrets

TriZetto sued Indian tech company Infosys in Texas federal court on Friday, accusing Infosys of stealing trade secrets related to its healthcare insurance software. Cognizant said in the lawsuit that Infosys unlawfully extracted data from its databases and used it to build and market competing software. Spokespeople for Cognizant and Infosys did not immediately respond to requests for comment on the complaint.

23.08 / 03:20

COST UPS Waves Extreme community reports Blackouts in extreme weather drive demand for cleaner backup power

In many communities people turn to diesel or gasoline generators for temporary power when extreme weather brings power outages

22.08 / 04:25

markets UPS economy Trade show reports Oil prices slow sell-off as expectations of Fed rate cut grow

crude oil paused on Thursday after expectations of a rate cut by the Federal Reserve offset a bunch of weak economic data from the world's two largest economies, the United States and China. Brent crude futures were 3 cents up to $76.08 a barrel. U.S. West Texas Intermediate crude futures fell 5 cents to trade at $71.88 at 0036 GMT. Both contracts lost over $1, or more than 1%, in the previous session.

21.08 / 16:41

Provident Death Bill patient symptoms Courts mountaineering Montana asbestos clinic seeks to reverse $6M in fines, penalties over false claims

A health clinic in a Montana town plagued by deadly asbestos contamination is asking an appeals court to reverse almost $6 million in fines and penalties after a jury found it submitted hundreds of false claims

21.08 / 16:32

BLOCK Action Trade Freedom prevention Courts Relationships FTC's bid to ban noncompete agreements rejected by federal judge in Texas

A federal judge in Texas has blocked a new rule from the Federal Trade Commission that would have made it easier for employees to quit a job and work for a competitor

20.08 / 16:13

Provident SEC cover 2020 Department politician Investigations SEC fines Texas investment adviser $95k for “pay to play” rule breach

A Texas-based investment adviser has been fined $95,000 by the SEC after an investigation by the agency found the firm in violation of the “pay to play” rule under the Advisers Act.

20.08 / 13:15

Analysis Lawson President Wisconsin $120M advisor joins established Ameriprise independent practice

A financial advisor has made the move from Raymond James to Ameriprise, joining one of the latter’s most well-established independent practices.

18.08 / 09:57

Manufacturing Fighting security Election wellness President International The US elections will have a big impact on the climate change fight

Every US presidential election is consequential, but American voters face an unusually weighty decision in 2024. The outcome will have implications for US foreign policy, social policy and the integrity of the political system itself. But none of its consequences will be more profound or far-reaching than on global efforts to combat climate change.

17.08 / 04:17

UPS Provident Manufacturing CEO Department International Chipmaker Texas Instruments to receive up to $1.6 billion in funding from US

Texas Instruments said on Friday it would receive up to $1.6 billion in funding from the U.S. Commerce Department towards the construction of three new facilities, the latest government outlay aimed at bolstering domestic chip production. The funding, under the US CHIPS and Science Act, will help the company build two factories in Texas and one in Utah. Texas Instruments has pledged more than $18 billion through 2029 to the projects, which are expected to create 2,000 manufacturing jobs. The chipmaker also expects to receive about $6 billion to $8 billion in investment tax credit from the U.S. Treasury Department, and $10 million in funding for workforce development.

16.08 / 16:59

markets COST Platform Trade Bitcoin performer reports Bernstein Upgrades Four Key Bitcoin Miners to ‘Outperform’

Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been...

16.08 / 16:33

markets Provident Racing community reports Department International US single-family housing starts dented by Hurricane Beryl, higher mortgage rates

Nest Seekers International chief economist Erin Sykes weighs in as high interest rates continue to hurt the housing market on 'The Bottom Line.'

16.08 / 04:00

markets SUN Action security Trade recommendations GIFT Nifty jumps over 150 points; here's the trading setup for today's session

Here's breaking down the pre-market actions:

15.08 / 17:34

Airlines Software Boeing Death Justice Department Courts Justice Department defends Boeing plea deal against criticism by 737 Max crash victims' families

The Justice Department is defending a plea deal it struck with Boeing over planes that crashed and killed 346 people

15.08 / 16:58

markets JPMorgan Strategy KeyCorp Latin International Profiles Scotiabank lands JPMorgan team for mortgage capital markets in Texas

Bank of Nova Scotia has recruited a team of seven from JPMorgan Chase & Co. in Texas to launch a new mortgage capital markets business in Houston.

15.08 / 03:19

UPS community Trade information prevention Courts Relationships FTC ban on noncompete agreements comes under legal attack

The federal government wants to make it easier for employees to quit a job and work for a competitor

14.08 / 18:02

Apple film War audience stars Videos Civil War: Check out streaming release date, where to watch, cast and crew

14.08 / 16:04

CEO Tesla President Universities social rights Investigations Auto workers union seeks NLRB investigation of Trump and Musk comments about firing striking workers

The United Auto Workers union has filed unfair labor practice charges against Donald Trump and Tesla CEO Elon Musk

13.08 / 23:19

Blockchain security community Bill Bitcoin innovations rights US Senator Ted Cruz Praises Bitcoin Mining and Crypto Innovation at Texas Event

Rachel Wolfson has been covering the cryptocurrency, blockchain and Web3 sector since 2017. She has written for Forbes and Cointelegraph and is the host and founder of Web3 Deep Dive podcast.

13.08 / 23:03

Provident FIVE Digital Platform President stars reports Ameriprise lands $1.5B powerhouse group from UBS

Ameriprise has extended its advisory network yet again as another advisor team joins the broker-dealer from UBS, this time in the Lone Star State.

13.08 / 17:23

Citi Provident Aware Death reports Investigations Texas launches new investigation into Houston's power utility following deadly outages after Beryl

Texas has opened an investigation into a Houston area utility provider over allegations of fraud and misuse of taxpayer dollars during its botched response to Hurricane Beryl

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