Houston Chronicle / Business

Sunday, Dec 10


German intelligence warns of increased Chinese cyberspying


BERLIN (AP) — The head of Germany's domestic intelligence agency warned Sunday that China allegedly is using social networks to try to cultivate lawmakers and other officials as sources.

Saturday, Dec 9


Stronger global economy helps boost U.S. job market


WASHINGTON - The U.S. job market is benefiting from an unlikely source: other countries.

Small-business Q&A: Exporters can get help from state


Q: I've heard that the state of Texas is very interested in helping small businesses that want to export, but exactly what assistance is available?

In wake of harassment cases, men wonder if hugging women is still OK


LOS ANGELES - Steve Wyard thought he knew what sexual harassment looked like: a put-out-or-lose-your-job overture. Now he's not so sure.

As health premiums rise, small businesses seek alternatives

NEW YORK - As small-business owners learn what their 2018 health insurance costs will be, some are considering providing different types of coverage for their employees.

Small-business resources


Understanding How to Use the SBA Dynamic Small Business Search System System for Marketing and Partnering: 9 a.m.-noon, UH Bauer College SBDC, 2302 Fannin, Suite 200. Cost: $19. Information: www.sbdc.uh.edu.


Patagonia, outdoor retailers fight Trump on monuments

SALT LAKE CITY - Outdoor clothing giant Patagonia and other retailers have jumped into a legal and political battle over President Donald Trump's plan to shrink two sprawling Utah national monuments, a fight that would scare off most…


Labor woes hinder retailers' goal of challenging Amazon

Brick-and-mortar retailers hoping to fend off Amazon need to deploy the one weapon that could set them apart: top-notch customer service, provided by actual humans.

As traders await bitcoin futures, margin requirements are high

Among the complications in trading bitcoin future contracts that launch this Sunday: People speculating on the cryptocurrency will need to put more cash on the table.

Trump says Wells Fargo's penalties for 'bad acts' could rise

WASHINGTON - President Donald Trump on Friday lashed out against Wells Fargo, insisting that fines against the bank would not be scrapped and threatening even harsher penalties.


S&P 500 returns to record after strong U.S. jobs report

NEW YORK - Stocks rose Friday following a better-than-expected U.S. jobs report, and the strong finish pushed the Standard & Poor's 500 index to a record level and its third straight weekly gain despite some weakness earlier in the week.

Pipeline agency at full strength as energy decision looms

President Donald Trump's choice to lead the agency that oversees the nation's power grid and natural gas pipelines was sworn in this week.

Friday, Dec 8


Pointing a finger at fellow economists for backlash to trade

WASHINGTON - Many mainstream economists say they're appalled by President Donald Trump's threats to trash trade agreements and tax imports in a blunt-force drive to shrink America's bulging trade deficits.

Business calendar


Transportation Club of Houston: Holiday luncheon benefitting the U.S. Marine Corps Reserve Toys for Tots program. 11:15 a.m.-1 p.m., H.E.S.S. Club, 5430 Westheimer.


Net neutrality fans speak up as FCC set to strike down rules


NEW YORK (AP) — Net neutrality is a simple concept but a dense and often technical issue normally discussed in tech and telecom circles. Now it's hit the mainstream.


Outlook for Houston economy: Getting better, slowly

Bustling global trade and a healthy U.S. economy could accelerate Houston's economic recovery next year, but a sluggish comeback in the oil industry could impede the region's job growth, a local economist said on Friday.


Real estate in brief: Commerce Green Office Park fully leased in Sugar Land

The Commerce Green Office Park in Sugar Land is now fully leased after deals totaling more than 30,000 square feet at 245 Commerce Green Blvd. The park, off U.S. 59 at Sugarcreek Boulevard and Commerce Green, has a 50,000-square-foot two…

Retail Wrap: Clute shopping center opens wide for dentistry practice

Woodshore Family Dentistry has leased 2,160 square feet in Woodshore Marketplace, a community center anchored Kroger Marketplace at the southeast corner of Oyster Creek Drive and Dixie Drive in Clute. Kyle Knight and Brett Levinson with…

Drilling rig count rises to kick off December

Oil drilling activity continues to pick up in December with rigs added to both the Permian Basin and South Texas' Eagle Ford shale this week.


IES Holdings reports year-end and Q4 losses

IES Holdings, an electrical contracting and equipment giant in Houston, reported net income losses for both its fourth quarter end and year-end.


Can better policies prevent workplace sexual harassment?


NEW YORK (AP) — Sexual misconduct happens at work not because companies don't publish anti-harassment policies, experts say, but because managers don't enforce them — and because people fail to apply them to themselves.


Dover Corp. to spin off Wellsite in The Woodlands

Industrial equipment manufacturer Dover Corp. said it will spin off its energy business as a new publicly traded company, called Wellsite.

Music streaming giants Spotify, Tencent invest in each other


STOCKHOLM (AP) — Swedish music streaming service Spotify and Chinese internet company Tencent have struck a deal to take minority stakes in each other.


Oil rises, paring weekly decline

Oil rose, paring a second weekly loss, as strong Chinese crude imports allayed concerns that U.S. markets may remain oversupplied.

Report climate risks to business, BlackRock says

BlackRock Inc., the world's biggest asset manager, is telling companies that now is the time to start reporting clear information on climate risk to their businesses.

Houston jury awards energy publisher $585,000 for copyright violations

A federal jury in Houston awarded $585,000 to the publisher of an energy newsletter that accused an investment house of passing around unauthorized copies of its pricey publication.


Chicago investor acquires Houston industrial park


Brennan Investment Group has acquired an industrial park in northwest Houston.


BP says 2017 a success as it shifts focus to natural gas

The massive Zohr gas field off Egypt will come online by the end of December, marking the completion of what British energy giant BP says is one of its biggest years ever as it increasingly focuses on international natural gas projects. BP…


EPA chief defends spending on travel and soundproof booth

WASHINGTON - Environmental Protection Agency chief Scott Pruitt on Thursday defended his frequent taxpayer-funded travel and his purchase of a custom soundproof communications booth for his office, saying both were justified.

Bitcoin soars then falls back; banks raise risk concerns

NEW YORK - The price of bitcoin swung wildly Thursday, rising to more than $19,000 only to fall sharply within minutes, as both the euphoria and anxiety surrounding the virtual currency escalated just days before trading in bitcoin futures…