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Oil hits 3-year high on Venezuelan crude output risks


Crude rose as the International Energy Agency opened discussions with major oil-producing nations about collapsing output from Venezuela, home to the world’s biggest petroleum reserves. Futures advanced as much as 1 percent in New York on…

Westlake Chemical debuts on Fortune 500 list


Westlake Chemical made the Fortune 500 list for the first time Monday about a year and a half after its acquisition of rival Axiall.

BP signs LNG purchase deal with Venture Global


BP has signed a long-term agreement to purchased liquefied natural gas from Venture Global LNG once it opens its export facility in Calcasieu Pass, LA.

Taco Cabana opens another Katy location


Taco Cabana has opened a second location in Katy.

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Texas oil producers fight steel tariffs, quotas


Texas oil and gas companies are pushing back against President Donald Trump's pending steel tariffs, arguing they would cause job losses and the bankruptcies of some businesses.


Patent filings plummet in East Texas


For more than a decade, the federal courts in the Eastern District of Texas were the undisputed Mecca for patent litigation. Businesses and individuals often filed double or triple the number of patent infringement lawsuits in East Texas…


Sony buys most of EMI Music, to spend $9B on image sensors


TOKYO (AP) — Electronics and entertainment company Sony Corp. said Tuesday it plans to spend $2.3 billion acquiring an additional 60 percent stake in EMI Music Publishing, home to the Motown catalog and contemporary artists like Kanye West…


Business calendar


A listing of business events in the Houston area.


Experts disclose new details about 300-year-old shipwreck


BOSTON (AP) — A Spanish galleon laden with gold that sank to the bottom of the Caribbean off the coast of Colombia more than 300 years ago was found three years ago with the help of an underwater autonomous vehicle operated by the Woods…


Consumer Reports: Tesla’s Model 3 has ‘big flaws’


The negative review arrives amid a blitz of negative Tesla headlines. Those headlines have raised questions about CEO Elon Musk’s behavior during a recent earnings call and the slow pace of Model 3 production, as well as several…


Man dies after Tesla crashes into San Francisco area pond


CASTRO VALLEY, Calif. (AP) — A man was killed when the Tesla automobile he was driving veered off a road, crashed through a fence and plunged into a pond, authorities said Monday.

Microsoft pledges to extend EU data rights worldwide


NEW YORK (AP) — Microsoft promised Monday to give users worldwide the same data and privacy rights Europeans will get under new regulations there. That's in contrast to some of its tech rivals, who are hedging on how much privacy…

Monday, May 21


Simply Beverages division of Coca-Cola unveils new light juice products


Simply Beverages, a brand of the Coca-Cola Co. based in Sugar Land, has launched the Simply Light brand with four flavors.

Consumer Reports raises concerns over Tesla Model 3 braking


DETROIT (AP) — Long emergency stopping distances, difficult-to-use controls and a harsh ride stopped Tesla's Model 3 electric car from getting a recommended buy rating from Consumer Reports.


Twin Liquors opens long-awaited Kingwood location


Austin-based Twin Liquors will open in Kingwood Marketplace on Wednesday. The 3,500-square-foot store represents the chain's fourth location in the Houston area.


Low air fares signal summer bargains despite pricier oil


The price of jet fuel is surging, but so far the airline industry has been so competitive that carriers haven’t been able to pass on much of the cost to consumers. That means investors are bracing for lower profit margins as travelers take…


Comcast, Hippo introduce pilot program for smart home insurance in Houston


Comcast has introduced a smart home insurance offering starting with a pilot program in Houston. The insurance, offered in partnership with Hippos, is available throughout Houston and will be rolled out to other markets next year.


Houston among top cities for apartment industry hiring

Houston is among the nation's top markets for job opportunities in the apartment industry, according to according to National Apartment Association Research. Houston ranked third behind Nashville and Denver.


Social media under microscope in emotive Irish abortion vote


DUBLIN (AP) — In homes and pubs, on leaflets and lampposts, debate is raging in Ireland over whether to lift the country's decades-old ban on abortion. Pro-repeal banners declare: "Her choice: vote yes." Anti-abortion placards warn against…


Fuel prices move toward $3 a gallon

The national average for fuel prices is at its highest point since 2014 and is inching toward $3 per gallon as crude oil values rise.

UK government does not intend to block Comcast-Sky deal


LONDON (AP) — Britain's government says it does not intend to refer U.S. media conglomerate Comcast's 22 billion pound ($30.7 billion) takeover offer for London-based Sky to competition authorities, saying the proposed merger doesn't raise…


XTO to begin move from Fort Worth to Houston

Exxon Mobil's shale subsidiary XTO Energy will begin moving its headquarters next week from Fort Worth to the Houston area.

Rising prices could hit global demand, execs say

While rising oil prices would undoubtedly boost Houston’s economy, it could have some domestic drawbacks. American drivers are sensitive to higher prices at the pump, and until a few years ago, climbing oil prices only represented a…

Want cheap electricity? Move to San Antonio or Austin

Consumers in Houston pay more for electricity than consumers in other parts of Texas, according to the Texas Coalition for Affordable Power which analyzed federal electricity pricing data.


Q&A: Houston sportscaster Lindsay McCormick gets down to business

Houston sports broadcaster Lindsay McCormick is co-hosting Entrepreneur Elevator Pitch — a weekly online show where entrepreneurs have one high-pressured minute in an elevator to convince a panel of seasoned investors to let them into the…

From airlines to pizza parlors, EU businesses adopt data law


LONDON (AP) — Lisa Meyer's hair salon is a cozy place where her mother serves homemade macaroons, children climb on chairs and customers chat above the whirr of hairdryers.

Zuckerberg meeting with EU parliament leaders to be webcast


BRUSSELS (AP) — Facebook CEO Mark Zuckerberg has agreed to have his meeting Tuesday with the leaders of the European parliament about data privacy be broadcast publicly through web streaming.

Sunday, May 20


US, China putting trade war on hold after progress in talks


WASHINGTON (AP) — The United States and China are pulling back from the brink of a trade war after the world's two biggest economies reported progress in talks aimed at bringing down America's massive trade deficit with Beijing.


Q&A: Prosperity Bank CEO expects rising interest rates

Prosperity Bank has inked a whopping 42 deals to scoop up smaller banks across Texas and Oklahoma since David Zalman joined the community lender in 1986.

Saturday, May 19


Storm evacuation can be an orderly process


Officials send evacuation notices based on four zones, encouraging use of major roads designated as good routes for fleeing drivers


Phone data-leak company: No record of location-data abuse


A California company confirmed that a flaw in its website allowed outsiders to pinpoint the location of mobile phones in the United States without authorization.


Gay-friendly Apple weighs North Carolina despite LGBT laws


RALEIGH, N.C. (AP) — Gay-rights advocates are divided on whether to cheer or bemoan a potential marriage between the state of North Carolina and one of the global corporations most friendly to LGBT workers and causes.

AP Explains: What's changing under new data privacy rules


Europe's new data and privacy rules take effect a week from Friday, clarifying individual rights to the personal data collected by companies around the world for targeted advertising and other purposes.

Keep your tech dry in a hurricane. You’re gonna need it.


Technology can be a literal lifesaver during a hurricane, allowing you to keep in touch with friends and family and reach out for help when you need it. Tech is so crucial to the way we live now, it’s important that you take steps in…