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Business News

Friday, Jul 29, 2016 at 03:10 PM CDT

Oncor To Be Sold to Florida Company for $18.4B

Oncor To Be Sold to Florida Company for $18.4B

A Florida-based energy company has announced an $18.4 billion deal that would give it an 80 percent stake in Oncor, Texas' largest electric utility.

Thursday, Jul 28, 2016 at 03:59 PM CDT

Millennials Cause Home Ownership to Drop

Millennials Cause Home Ownership to Drop

The nation’s home ownership rate fell to its all-time low, and could drop further in the months to come, NBC News reported. The rate fell to 62.9 percent, the same as it was in 1965, when the U.S.

Thursday, Jul 28, 2016 at 09:02 AM CDT

Texas-Based Energy Giant Reports 2Q Loss

Texas-Based Energy Giant Reports 2Q Loss

ConocoPhillips has reported a $1.07 billion loss in its second quarter.

Wednesday, Jul 27, 2016 at 09:32 PM CDT

Facebook Beats Analyst Expectations in Second Quarter

Facebook Beats Analyst Expectations in Second Quarter

Facebook beat Wall Street expectations, posting stronger earnings for the second-quarter, NBC News reported. The company reported $6.44 billion in revenue, according to a release posted after the end of...

Wednesday, Jul 27, 2016 at 01:16 PM CDT

Fed Holds on Interest Rate, Sees Fewer Risks

Fed Holds on Interest Rate, Sees Fewer Risks

The Federal Reserve is keeping interest rates unchanged while noting that near-term risks to the economy have diminished. The Fed says that the U.S. job market has rebounded, with strong job gains in...

Wednesday, Jul 27, 2016 at 10:01 AM CDT

Dr Pepper Snapple Group Posts 2Q Profit

Dr Pepper Snapple Group Posts 2Q Profit

Dr Pepper Snapple Group Inc. (DPS) on Wednesday reported second-quarter profit of $260 million.

Monday, Jul 25, 2016 at 12:05 AM CDT

Mary Kay Convention Returns to Support Dallas

Mary Kay Convention Returns to Support Dallas

The annual convention of Mary Kay sales representatives is one of the first major events to return to downtown since the ambush shooting on police a little more than two weeks ago.

Friday, Jul 22, 2016 at 10:17 PM CDT

American Airlines' Profit, Revenue Clipped by Falling Fares

American Airlines' Profit, Revenue Clipped by Falling Fares

Compared with their checkered track record, major airlines are enjoying boom times.

Friday, Jul 22, 2016 at 10:15 PM CDT

Southwest Still Dealing with Delays After Outage

Southwest Still Dealing with Delays After Outage

Southwest passengers endured a third straight day of canceled and delayed flights as the airline struggled to resume normal operations on Friday.

Friday, Jul 22, 2016 at 09:49 AM CDT

Blue Wine? It's Real, And Coming to U.S.

Blue Wine? It's Real, And Coming to U.S.

A new bright cobalt blue wine from Spain is heading to the U.S.

 

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