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Welty Construction opens Houston office near Galleria

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Welty Construction has opened a Houston office at 3050 Post Oak Blvd. The company, part of Ohio-based Welty Building Co., has been awarded a contract for a large residential complex in College Station.

OPEC send strongest signal that output cuts may run to end of 2018

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OPEC sent its strongest signal yet for an extension of production cuts until the end of 2018, saying preparations for the next meeting are taking their lead from Russian President Vladimir Putin’s tentative backing for a further nine…

Rowan launches ARO Drilling joint venture with Saudi Aramco

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Houston offshore driller Rowan Cos. said Thursday it finally launched its delayed joint venture with Saudi Arabia, called ARO Drilling.

Houston's Hilcorp proposes Arctic drilling from artificial island

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ANCHORAGE, Alaska — America within a few years could be extracting oil from federal waters in the Arctic Ocean, but it won't be from a remote drilling platform. Federal regulators are taking comments on a draft environmental statement for…

Top Stories in last day

22

Hakeem Olajuwon set to open Red Mango Yogurt Cafe

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NBA Hall of Famer Hakeem Olajuwon is hoping to score with a Red Mango Yogurt Café Smoothie and Juice Bar location in Mont Belvieu, which opens Friday.

20

Houston's entrepreneurial growth down in annual Kauffman report

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The Houston metropolitan area fell five positions to No. 19 on a list measuring entrepreneurial business growth, according to a report released Thursday by the Ewing Marion Kauffman Foundation.

19

Workers at iPhone supplier in China protest unpaid bonuses

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SHANGHAI (AP) — Hundreds of workers streamed through dark streets, blocking an entrance to an Apple iPhone supplier's factory in eastern China to protest unpaid bonuses and factory reassignments, two witnesses and China Labor Watch, a New…

Report: Cheniere, Chevron paid for Republican convention hideaway

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Energy companies like Chevron and Houston's Cheniere Energy were among those giving money to a private company that funded a so-called cloakroom hideaway at last year's Republican National Convention in Cleveland, according to a new report…

Jeff Bezos christens Amazon's big Texas wind farm

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Standing on top of a massive wind turbine, Amazon founder and CEO Jeff Bezos christened the online juggernaut's new Texas wind farm.

17

Kinder Morgan swings to profit, says its on track to boost dividend next year

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The Houston pipeline company Kinder Morgan swung to a profit in the third quarter, after posting losses in the same period in 2016.

14

Lennar expands homebuilding to 3 northside communities

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Lennar has started selling homes in three communities in the greater northeast Houston area. The builder is offering one- and two-story plans in Woodson's Reserve in Spring, The Groves in Humble, and Country Colony in Porter. The plans…

07

Study: Lower-income kids give more time to TV, digital media

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LOS ANGELES (AP) — Children in lower-income families spend more time watching TV and using electronic devices than kids in more affluent homes, according to a survey released Thursday.

04

America's best and worst airlines to be on time

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Airlines have two jobs, getting passengers from point A to B, and being on time.

02

The cellular explosion

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Editor's note: This story first ran on May 25, 1986.

01

Baytown site of latest big-box logistics project

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Houston-based Pontikes Development plans to develop a 3 million-square-foot distribution center in Baytown to serve companies handling products from plastic pellets to finished retail goods. The Port 10 Logistics Center, planned for eight…

Sysco to acquire Hawaii-based distributor

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Sysco Corp. will acquire Hawaii-based distributor, HFM FoodService, which makes about $290 million in annual sales.

Wednesday, Oct 18

U.S. crude, petroleum exports hit new records as China buys more

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The Texas Gulf Coast is leading the way as the nation ships out record levels of crude oil and petroleum products to foreign markets, including China increasingly buying more American oil.

Oil inventories take big dip

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The nation's commercial crude inventories fell by 5.7 million barrels this past week with the nation's refining complex getting back to normal operations after Hurricane Harvey.

The Motley Fool: Deducting commissions

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Q: How do I deal with brokerage trading commissions when recording my gains and losses on my tax return? - G.K., Keene, N.H.

Mattress Firm sues bed-in-a-box competitor for false advertising

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Mattress Firm has sued Tuft & Needle, accusing the online "bed-in-a-box" company of making false claims about Mattress Firm and its products in major advertising campaigns.

Tuesday, Oct 17

11 Houston billionaires make Forbes richest American list

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Houston's richest mostly got richer as 11 billionaires earned spots on Forbes annual list of the 400 richest Americans. Of the 11 billionaires who kept a spot on the list this year, nine saw their fortunes rise. Tilman Feritta, who added…

Walmart phases out popular price-matching policy in East Texas stores

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A Walmart representative said the store is focusing on delivering lower prices, eliminating the need to match other store prices.

Planespotters to see United's Boeing 747 depart from IAH on Wednesday

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United Airlines is bringing its Boeing 747 aircraft to Houston one last time, and planespotters should be able to catch a glimpse of its departure.

Texas electricity complaints hit post-deregulation low

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Texas electricity complaints last year hit their lowest amount since the state deregulated its retail electricity market 16 years ago, demonstrating that complaints have fallen in sync with cheaper power prices, according to a new report…

Monday, Oct 16

The Groves unveils more model homes, Harvey incentives

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Home sales in The Groves are running more than 20 percent ahead of last year's pace. Ashlar Development is developing The Groves, a 1,000-acre community by in northeast Houston.

Hospital space up for lease near Texas Medical Center

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Cambridge Properties has selected NAI Partners to market and lease available space in the 195,000-square-foot 7501 Fannin building.

Texas Supreme Court examines $48,000 an hour legal fee in H.L. Hunt case

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The heir of Texas oil tycoon H.L. Hunt involved a bitter decade-long dispute with his son over control of a $1 billion trust wants the Texas Supreme Court to declare illegal his lawyers request to be paid $48,000 an hour for his legal…

Oil gains on concern Iraq-Kurd tensions will disrupt crude flows

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(Bloomberg) -- Crude extended gains from the highest close in two weeks as speculation mounted over potential output disruptions in a region that’s home to Iraq’s oldest producing oil fields. Futures in London rose as much as 1.7 percent…

Sunday, Oct 15

Houston hotel construction down after Harvey

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Houston hoteliers were under construction on 4,494 hotel rooms in September, a 15 percent drop from last year.

Trump blows up Obamacare, leaves millions uninsured

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The Republican majority in Congress couldn't agree on how to repeal and replace Obamacare, so President Donald Trump has destroyed the program from within. The president's decisions to stop marketing the health care program, to allow…

Vistra Energy adds to ongoing list of big layoffs for 2017

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Texas has already suffered a fair share of major layoffs this year alone.

Saturday, Oct 14

Small-business resources

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Protecting Yourself in a Connected World: 9 a.m.-4 p.m., UH Bauer College SBDC, 2302 Fannin, Suite 200. Cost: $19. Information: www.sbdc.uh.edu.