Exxon Mobil CEO Rex Tillerson expects the price of oil to remain low over the next two years because of ample global supplies and relatively weak economic growth.
As many as 10 trains weekly have been coming into Texas carrying a million gallons or more of Northern Plains crude oil that’s been involved in fiery derailments in the U.S. and Canada.
Shares in J.C. Penney Co. are tumbling in aftermarket trading after the department store chain posted disappointing results for its key holiday-shopping-season quarter.
The White House sent notice of the veto to the Senate on Tuesday, shortly after the bill was received at the White House. It’s the third veto of Obama’s presidency.
U.S. employers hired at a stellar pace last month, wages rose by the most in six years, and Americans responded by streaming into the job market to find work.
Struggling electronics retailer RadioShack has filed for Chapter 11 bankruptcy protection and says it will sell up to 2,400 stores.
The NYSE has suspended trading RadioShack stock and was preparing to delist it as rumors of a major sell off for the electronic company loomed.
The company said it earned $6.57 billion in the quarter, the lowest since the first quarter of 2010, on revenue of $87.28 billion. Last year Exxon earned $8.35 billion on revenue of $110.86 billion.
One of the world’s top companies has officially established deep roots in North Texas.
Dallas’ Southwest Airlines is being fined $1.6 million for not letting passengers get off planes that were stuck on the ground during long delays.
Texas won’t appeal a federal judge’s ruling last week that state laws regulating businesses teaching African hair braiding were unconstitutional.
Thieves with stolen usernames and passwords have broken into customer accounts at American and United airlines and in some cases booked free trips or upgrades.