AP source: Indicted billionaire R. Allen Stanford en route to Texas on fraud chargesWASHINGTON — A law enforcement official says indicted billionaire R. Allen Stanford is en route to Texas to face charges that he ran a $7 billion swindle. Billionaire R. Allen Stanford indicted, jailed in alleged $7 billion fraudWASHINGTON — Brash Texas billionaire R. Allen Stanford has been jailed on charges his international banking empire was really just a Ponzi scheme built on lies, bluster and bribery. Even with rising oil prices, big oilfield service companies continue to cut jobsHOUSTON — Even with crude prices on the rise, three of the biggest oilfield services companies say they’ve cut more jobs as they adjust to sluggish exploration and drilling activity. Death of Continental Airlines pilot could renew debate over US age limits in the cockpitDALLAS — The death of the 60-year-old captain of a Continental Airlines jetliner as he flew 247 passengers across the Atlantic could spark a new debate over age limits in the cockpit. Federal indictment accuses billionaire R. Allen Stanford of running a vast Ponzi schemeWASHINGTON — Texas billionaire R. Allen Stanford, whose sprawling banking empire collapsed this year, has been indicted for what prosecutors say is a $7 billion scheme to defraud investors. Texas billionaire R. Allen Stanford set to appear in federal court in Va. after surrenderingRICHMOND, Va. — Texas billionaire R. Allen Stanford is scheduled to appear before a federal judge in Virginia at 1:30 p.m. Eastern time Friday for an initial hearing after surrendering to FBI agents on fraud charges the day before. Passengers on trans-Atlantic flight didn’t know pilot had died until plane landed in NewarkNEWARK, N.J. — The passengers on Continental Airlines Flight 61 didn’t know anything was wrong with their trans-Atlantic crossing until they landed and were met by fire trucks, emergency vehicles and dozens of clamoring reporters. Adult couple, teenager killed in house explosion in Corpus Christi, Texas; Cause soughtCORPUS CHRISTI, Texas — An adult couple and a teenager were killed Thursday in an explosion at the home where they had recently been remodeling. Texas billionaire R. Allen Stanford to appear in court Friday after surrendering to FBI in Va.DALLAS — Texas billionaire R. Allen Stanford, chairman of the troubled Stanford Financial Group, is scheduled to appear in federal court Friday on fraud charges after surrendering to FBI agents in Virginia the day before, officials said. Attorney says Texas billionaire R. Allen Stanford surrenders to FBI agents in VirginiaDALLAS — The attorney for R. Allen Stanford, chairman of troubled Stanford Financial Group, says the Texas billionaire has surrendered to FBI agents in Virginia. Energy companies send some of enormous profits to Washington, ramping up lobbying effortsHOUSTON — Oil and gas companies have accelerated their spending on lobbying faster than any other industry, training their gusher of profits on Washington to fight new taxes on drilling and slow efforts to move the nation off fossil fuels. Supreme Court rules in favor of former Enron executiveWASHINGTON — The Supreme Court on Thursday sided with a former Enron Corp. executive in a ruling that makes it unlikely he can be tried a second time on charges related to financial fraud at the one-time energy giant. Appeals court says no double jeopardy concerns in retrial of Enron caseHOUSTON — A federal appeals court says the retrial of three former Merrill Lynch & Co. executives connected to an Enron Corp. deal would not violate their constitutional protections against double jeopardy. Families of 2 children put on wrong planes while traveling alone angry over Continental mix-upHOUSTON — The parents of two young girls who were each placed on wrong flights while flying alone over the weekend are demanding that Continental Airlines make sure such mix-ups don’t happen again. Estranged husband suspected of killing 2 children in car in Houston, then attempting suicideHOUSTON — A father was suspected of shooting and killing his two children on Tuesday and then turning the gun on himself in an apparent attempted suicide, police said. ‘Miscommunication’ at Continental Express sends 2 girls to wrong cities over weekendHOUSTON — Continental Airlines said it has taken steps to ensure that proper procedures are followed after two unaccompanied girls were placed on wrong Continental Express flights over the weekend. Boyfriend sought in gasoline attack on Houston woman burned over 70 percent of bodyHOUSTON — Houston police are seeking the boyfriend of a woman doused with gasoline and set on fire at the front door of her home. Houston police: Woman answering apartment door doused with flammable liquid and set afireHOUSTON — Police in Houston say a woman was doused with a flammable liquid and set on fire in the doorway of her apartment and is in critical condition. Baker Hughes says number of active oil rigs falls by 11HOUSTON — The number of rigs actively exploring for oil and natural gas in the United States fell by 11 this week to 876, down more than 1,000 from a year ago. Former Akron athletic director Mack Rhoades chosen to succeed Dave Maggard as Houston ADHOUSTON — The University of Houston has hired Mack Rhoades to be the school’s athletic director. Continental Airlines CEO says business travelers hold key to airline industry recoveryDALLAS — Continental Airlines Inc. is pressing its corporate customers to step up their travel because business traffic holds the key to recovery in the slumping airline industry, Chief Executive Larry Kellner said Thursday. Extended rally continues for oil; gas and oil prices hit new high for 2009HOUSTON — Oil prices surged again Wednesday to a new high for the year with investors pouring money into crude markets as a hedge against inflation. Retail gasoline prices flatten after 42 days on the rise; crude passes $70 againHOUSTON — While crude settled above $70 a barrel for the first time this year, gasoline prices failed to rise overnight for the first time in 42 days, signaling a possible break for motorists as summer driving shifts into high gear. Gasoline prices remain steady after 42 days on the rise; oil prices again near $70HOUSTON — While crude flirted with $70 a barrel Tuesday, gasoline prices failed to rise overnight for the first time in 42 days, signaling a possible break for motorists as summer driving shifts into high gear. ‘No doubt’ wreckage that of Air France Flight 447; black boxes may be at bottom of AtlanticRECIFE, Brazil — With 17 bodies pulled so far from the Atlantic, Brazilian and French military ships have no doubt they’ve located the wreckage of an Air France flight a week after it disappeared en route from Rio de Janeiro to Paris. Houston-based Men’s Wearhouse wins bid to buy Filene’s Basement chain at auctionBOSTON — An affiliate of the Houston-based Men’s Wearhouse was the successful bidder for the 100-year-old Filene’s Basement chain after bidding $67 million for the off-price retailer at a bankruptcy auction. Baker Hughes says number of active oil rigs falls by 12HOUSTON — The number of rigs actively exploring for oil and natural gas in the United States fell by 12 this week to 887, down roughly 1,000 from a year ago. Galveston heads into 2009 hurricane season still rebuilding from Ike’s devastationGALVESTON, Texas — Another hurricane season is the last thing Galveston wants to think about after last year’s devastation from Hurricane Ike. Petrochemical giant BP sued by Texas authorities for pollutants from Texas City plantHOUSTON — BP Products North America Inc. is being sued by Texas authorities who accuse the petrochemical giant of 46 pollution violations at its Texas City refinery — including one tied to an explosion that killed 15 workers and injured 170 others four years ago. Families of 23 killed in bus fire during Hurricane Rita evacuation settle lawsuits for $80MHOUSTON — The families of 23 nursing home patients who died in a bus explosion as they fled Hurricane Rita have reached settlements totaling $80 million. |
Topics
Poll Loading ...Latest TweetsHouston
Latest Friend FeedsHouston
|
