January 23, 2012 9:30 am
U.S. v. R. Allen Stanford Begins
The trial of R. Allen Stanford is set to begin this morning at Houston's federal courthouse. The financier is charged with running a $7 billion dollar Ponzi scheme against investors in the now-defunct Stanford Financial Group.
January 20, 2012 3:43 pm
Chase Takes Helm of GHP, Sets Education as Top Priority
In KUHF Business News, the Greater Houston Partnership held its annual meeting, formally electing Anthony Chase as its 2012 chairman.
January 19, 2012 10:00 am
Keystone XL Permit Denied
In KUHF Business News, the Obama Administration's decision to block construction of the Keystone XL Pipeline is drawing a sharp backlash from Houston.
January 18, 2012 8:37 pm
White House Blocks Keystone XL Pipeline Construction
The Obama administration's decision to block construction of the Keystone XL Pipeline is already drawing a political backlash from Houston.
January 18, 2012 10:00 am
Houston Ranked World's 19th-Fastest Growing Metro Area
In KUHF Business News, a report by the Brookings Institution finds Houston is now one of the world's fastest growing metro economies. But the study shows most other US metro areas trailing their counterparts in Asia, Latin America and Eastern Europe.
January 17, 2012 9:47 am
Buccaneer Energy Begins Alaskan Gas Production
Houston-based Buccaneer Energy has begun production at its Kenai Loop #1 well in South Central Alaska. The venture marks the first energy production in the southern part of the state for years.
January 16, 2012 6:08 pm
Naval Station Ingleside Deal Cancelled
The Port of Corpus Christi has cancelled a deal with Houston-based Canyon Supply and Logistics to redevelop former Naval Station Ingleside as an offshore drilling facility.
January 16, 2012 9:01 am
HGAC Expands Program To Help Retire Older Trucks
The Houston-Galveston Area Council is expanding a program to reduce air pollution by getting older trucks off the roads faster.
January 13, 2012 9:22 am
Select Energy Services Acquires Elite Wellsite Services
Houston-based Select Energy Services has acquired Elite Wellsite Services of Bridgeport. The purchase marks SES's entry into the tank truck market in the Barnett Shale.
January 12, 2012 6:34 pm
Shell Oil Address Safety Concerns For Offshore Alaska Drilling
Shell Oil president Marvin Odum says the company may begin drilling off the coast Alaska as early as this summer. That's raising questions about Shell's ability to respond to a spill in Arctic waters.
January 12, 2012 9:28 am
Budget Cuts Leave IRS Overwhelmed
A government watchdog says the Internal Revenue Service can't keep up with surging tax cheating and isn't sufficiently collecting revenue or helping taxpayers.
January 11, 2012 9:08 pm
Houston Leads U.S. Cities As Tech Job Creator
Recruiting firm CyberCoders is publishing its first annual Top 10 Cities for Tech list. The list shows Houston added more technology jobs in 2011 than any other U.S. city.
January 11, 2012 9:44 am
Houston Economy Cooled In December
The latest survey of Houston purchasing managers shows economic activity slowed in December.
January 10, 2012 9:02 am
Technical Job Openings On The Rise
Representatives from more than thirty employers will interview students today at the Universal Technical Institute's Houston campus in the Greenspoint District. UTI Houston officials say it's the largest business turnout for a job interview event in at least a decade.
January 9, 2012 10:30 am
Energy Development In The Far North
Houston is home to 140 Norwegian companies, many tied to the energy industry. That made the city an ideal backdrop for Foreign Minister Jonas Gahr Støre to address Norway's top strategic priority: the peaceful development of the Arctic.
January 9, 2012 9:36 am
Prudential Life Building Razed For MD Anderson Expansion
The former Prudential Life Insurance Building was demolished early yesterday morning. The twenty-story building was razed to make way for new facilities at the Texas Medical Center.
January 6, 2012 9:19 am
Energy Sector Juices Houston Office Space Market
The market for Houston office space enjoyed robust growth in the fourth quarter of 2011. That's a reflection of the city's strong economy in general and the energy sector in particular.
January 5, 2012 9:24 am
Enterprise Products Partners To Build Pennsylvania-Texas Pipeline
Houston-based Enterprise Products Partners says it has enough support from shippers to build the first energy pipeline between Pennsylvania and Texas.
January 4, 2012 7:30 pm
Houston Unemployment Falls To 7.6%
The Labor Department is reporting more than 90% of the nation's metropolitan areas had lower unemployment rates in November 2011 than a year earlier.
January 4, 2012 9:17 am
Record Asbestos Verdict Against Chevron Phillips Overturned
A Mississippi judge has thrown out a $322 million verdict that had been hailed as the largest asbestos award for a single plaintiff in U.S. history.
January 3, 2012 5:01 pm
BP Wants Halliburton To Pay Up
BP is reiterating claims against Houston-based Halliburton Energy Services for expenses and lost profits resulting from the 2010 Deepwater Horizon disaster.
January 3, 2012 10:00 am
ICC Rules Venezuela Owes Exxon Mobil $900 Million
An international arbitration panel has ruled Venezuela’s state oil company owes Exxon Mobil more than $900 million. But Venezuela says it will pay less than a third that amount.
January 2, 2012 6:01 am
Prospects Improving For Houston Startups
It's been a hard few years for business startups, but there are some signs that the situation for Houston is getting better.
December 30, 2011 9:07 am
Hospitals Tighten Belts On Eve Of Medicare Cuts
Healthcare organizations are putting the brakes on spending. They're citing cuts in Medicare reimbursement and uncertainty about the Affordable Care Act.
December 29, 2011 9:21 am
Meritage Backs Senate Bill To Cut Cost Of Energy-Efficient Homes
A Senate bill that would encourage the retrofitting of homes with energy-efficient features has picked up the support of a homebuilder with major operations in Houston.
December 28, 2011 9:20 am
Drought Leads More Businesses To Install Artificial Grass
Houston's drought is leading many local businesses to try to cut their water usage and use an approach that's gaining popularity.
December 27, 2011 6:44 am
Free Job-Search Help Dec. 27-28
Challenger, Gray and Christmas is holding its 26th annual two-day national job search call-in.
December 26, 2011 6:43 am
Houston Ranked A Top Destination For LGBT Travelers
A new report by San Francisco-based Community Marketing shows Houston is now one of the top 20 destinations for U.S. gay and lesbian travelers.
December 22, 2011 8:12 pm
Stanford Ruled Competent To Stand Trial
A judge says jailed Houston financier R. Allen Stanford is mentally competent to stand trial.
December 22, 2011 6:24 pm
Day 3: Stanford Competency Hearing
Day three of the competency hearing for jailed financier R. Allen Stanford started with some drama. Stanford is facing charges he allegedly masterminded a $7 billion Ponzi scheme.