State Texas Financial News

cryptocurrency company and an industry group sued the U.S. Securities and Exchange Commission on Wednesday, saying the regulator has overstepped its authority and asking a judge to rule that digital assets traded on exchanges are not securities. Fort Worth-based crypto company Lejilex and lobbying group Crypto Freedom Alliance of Texas (CFAT) claim the SEC has asserted jurisdiction over the industry without a «clear statutory mandate.»

By Jonathan Stempel

(Reuters) — U.S. liquefied natural gas (LNG) company Cheniere Energy (NYSE:LNG) on Thursday forecast a lower core profit for 2024 as prices of the fuel buckle under excess supply, sending its shares down 1.7% premarket.

Texas-based cryptocurrency firm Lejilex has filed a lawsuit against the Securities and Exchange Commission (SEC) over securities labels on cryptocurrency assets.

For the millions of workers who find going into the office stinks, some real-estate executives say they have a remedy: Make the office smell better. Hines, a commercial landlord with skyscrapers worldwide, has developed a special scent it began quietly pumping into the heating, air conditioning and ventilation system in its Texas Tower headquarters in Houston late last year. It’s rolling out the fragrance in more than 20 other office buildings and apartment complexes this year, from Chicago and New York to London and Delhi, India.

Investing.com-- Oil prices moved little in Asian trade on Thursday, as signs of another outsized build in U.S. inventories offset bets on tightening global supplies due to disruptions in the Middle East. 

By Colleen Howe

The government of Trinidad and Tobago says it is partnering with international experts to remove the wreckage of a barge that capsized in nearby waters and caused a major oil spill

Investing.com-- Oil prices settled higher Wednesday as investors awaited further catalysts including a flurry of economic data and an update on U.S. crude inventories due later this week after the Federal Reserve's minutes from its January meeting reinforced expectations for higher for longer rates.

For years U.S. drivers have been getting a gift at the expense of their northern neighbor—artificially cheap oil. That could change in the coming months when a major pipeline expansion will allow Canadian oil more access to global markets.

VirnetX's bid to revive a $502.8 million jury verdict it won against Apple in a dispute over internet-security patents. The justices turned away Zephyr Cove, Nevada-based VirnetX's appeal of a lower court's decision to overturn the verdict against Cupertino, California-based Apple that had been reached by a jury in Tyler, Texas. VirnetX had challenged the U.S. Patent and Trademark Office's decisions to invalidate its patents.

BEIJING (Reuters) — Oil prices regained some ground in early Asian trade on Wednesday, as investors weighed concerns over output cuts by key producers and attacks on shipping in the Red Sea against dimmed expectations of U.S. rate cuts.

American Airlines flights will have to pay more as the carrier has decided to raise the price of checking bags. The new rates will be applicable for travel tickets booked on or after February 20, as per a Reuters report. Passengers will now have to pay $35 to check their first bag for domestic flights if the service is booked online in advance, or $40 if they purchase the option at the airport, the carrier said. A second checked bag will cost $45 if purchased online or at the airport.

CAZ Investments, a family office based in Houston, is expanding its reach into the private markets with a substantial commitment to an emerging private equity strategy.

Also Read: Oil remains range-bound as rate cut hopes fade away: Here's how US Fed policy decision affects prices Brent futures dipped 22 cents or 0.26 per cent to $83.34 a barrel. The six-month spread for Brent on Tuesday was also at its highest since October, in a sign of a tighter market. US West Texas Intermediate (WTI) crude for April delivery fell 26 cents, or 0.33 per cent, to $78.20 a barrel, after earlier paring $1.

'Kudlow' panelists Russ Vought and Michael Faulkender discuss the Trump administration's tax code.

American Airlines is raising bag fees and pushing customers to buy tickets directly from the airline if they want to earn frequent-flyer points

By Jody Godoy

(Reuters) — CenterPoint Energy (NYSE:CNP) said on Tuesday it would sell its natural gas assets in Louisiana and Mississippi for $1.2 billion to Bernhard Capital Partners, as the electricity and gas utility plans to focus on its regulated business.

By Daniel Tichenor, University of Oregon Immigration is already a major polarizing issue in the 2024 U.S. presidential election. Arrests for illegal border crossings from Mexico reached an all-time high in December 2023, and cities like New York and Chicago are struggling to provide housing and basic services for tens of thousands of migrants arriving from Texas. In early February 2024, a group of senators proposed new immigration legislation that would have slowed the migrant influx at the border. The bill would have made it harder for migrants to both apply for and receive asylum, which is the legal right to stay in the U.S. because of fear of persecution if they return back home. But the bill, like others proposed in recent years, quickly faltered after Republicans opposed it.

By Paul Carsten