BofA’s Merrill to pay $26.5 million to 7 states to settle claims on unregistered salespeople

AUSTIN, Texas — The Texas state securities commissioner said Bank of America’s Merrill Lynch unit will pay up to $26.5 million to seven states in a settlement stemming from a Texas claim that the brokerage allowed unregistered salespeople to sell securities.

Valero Energy to close part of Delaware refinery; employees, contract workers to be laid off

SAN ANTONIO — Valero Energy Corp., the nation’s largest independent refiner, said Tuesday it will close an unprofitable portion of a Delaware refinery, laying off at least 150 employees and 100 contract workers.

Dallas suburb to pay $175,000 for house where Oswald stored gun used in Kennedy assassination

IRVING, Texas — A Dallas suburb has agreed to pay $175,000 for the house where Lee Harvey Oswald stored the rifle used to assassinate President John F. Kennedy.

Remainder of Roger Clemens’ defamation suit against Brian McNamee in Texas dismissed

NEW YORK — The remainder of Roger Clemens’ defamation suit against Brian McNamee in Texas has been dismissed, leaving the pair to fight their legal battle in New York.

5 dead after Texas-bound plane crashes in Okla. park in heavy fog, likely hit tower guide wire

OKLAHOMA CITY — A small aircraft plummeted into an Oklahoma park and burst into flames on Saturday after hitting a guide wire from a communications tower, killing all five people on board, investigators said.

VA service dog program that began in 2001 helped just 2 vets, agency vows to help more

HOUSTON — The drone of helicopters still haunts William Callahan decades after Vietnam combat left him paralyzed, but he said government bureaucracy stood in the way of getting the one thing that made the echoes stop and kept him independent: a service dog.

Enterprise announces private sale of $150 million of shares

HOUSTON — Enterprise Products Partners LP, which transports natural gas and oil through its pipeline network, on Friday said it agreed to sell $150 million worth of common stock.

Investigators look into whether Texas death row inmate threatened lawmaker from prison

AUSTIN, Texas — Prison officials are investigating whether a Texas death row inmate accused of threatening a state lawmaker using a smuggled cell phone is behind an Internet posting that threatens the lawmaker and his family.

Alamo Group acquires rotary cutter and mower maker Bush Hog in all-stock deal

SEGUIN, Texas — Agriculture and road maintenance equipment maker Alamo Group Inc. said Friday that it agreed to acquire Bush Hog LLC, an outdoor equipment producer, in an all-stock transaction.

Number of active rigs in the US up by 10 this week to 1009; number stood at 2,013 a year ago

HOUSTON — The number of rigs actively exploring for oil and natural gas in the U.S. rose by 10 this week to 1009.

Police : Texas grandmother charged with making bomb threat to grandchildren’s school

SAN ANTONIO — Officials accuse a 51-year-old San Antonio grandmother of phoning a bomb threat to an elementary school that wouldn’t let her visit her grandchildren.

Federal regulators investigating American Airlines over repairs to MD-80 series jets

DALLAS — Federal regulators are investigating American Airlines over structural repairs to its aging fleet of MD-80 series aircraft.

Plains All American completes public offering, to use $494M proceeds to pay borrowings

HOUSTON — Plains All American Pipeline LP said Friday it received $494 million in net proceeds from a recent offering of senior unsecured notes.

Plains All American buys remaining 50 percent stake in natural gas unit, gains full ownership

HOUSTON — Crude oil transporter Plains All American Pipeline LP said it bought Vulcan Capital’s indirect 50 percent interest in PAA Natural Gas Storage LLC.

Police say a Texas resident shoots youths trying to break into home, 2 teens killed, 1 injured

SAN MARCOS, Texas — Police in Texas say a group of teenagers were trying to break into a home when a resident opened fire and killed two of the youths.

Ex-State Department official, conservative commentator Glassman to head Bush Institute at SMU

DALLAS — A former State Department official under George W. Bush will lead the ex-president’s think tank at Southern Methodist University in Dallas.

Obama’s back-to-school address touches off a new confrontation with conservatives

DALLAS — When kids all across the country return to school Tuesday, some will see a welcoming message from President Barack Obama and some won’t.

American Eagle traffic fell 3.1 percent in August, but capacity reductions meant fuller planes

FORT WORTH, Texas — American Eagle, the regional sister carrier to American Airlines, said Thursday that August traffic fell 3.1 percent from a year earlier, but planes were more crowded thanks to fewer flights.

Key Energy lifts stake in Russian oilfield services company GeoStream, can pick most of board

HOUSTON — Key Energy Services Inc. said Thursday it closed the second part of its investment in Russian oilfield services company OOO GeoStream Services Group this week.

Mexican officials blame drug treatment center killings on violent cartels preying on patients

CIUDAD JUAREZ, Mexico — Neighbors mopped blood from the sidewalk outside a drug rehabilitation center Thursday, cleaning up the carnage after gunmen lined up patients against a wall and then riddled them with bullets, killing 18.

American Airlines says August traffic, capacity fell

FORT WORTH, Texas — American Airlines, a unit of AMR Corp., said Thursday that systemwide traffic and capacity fell in August, compared with the same month a year ago, while occupancy rose.

Obama’s back-to-school address inflames conservatives; some schools will not air it

DALLAS — President Barack Obama’s back-to-school address next week was supposed to be a feel-good story for an administration battered over its health care agenda. Now Republican critics are calling it an effort to foist a political agenda on children, creating yet another confrontation with the White House.

Severe drought dries Texas aquifer, threatening famed Barton Springs, Austin area water supply

AUSTIN, Texas — The most severe drought in the nation is drying up one of Austin’s most treasured natural resources, the spring-fed Barton Creek Pool where more than 400,000 visitors from around the world flock each year.

Reports: Pilgrim’s Pride nears $2B sale to Brazilian beef producer JBS but both companies mum

PITTSBURG, Texas — Media reports say beleaguered chicken producer Pilgrim’s Pride Corp. is nearing a sale to Brazilian beef producer JBS SA for $2 billion.

American Airlines offers frequent fliers promotions to help earn elite status

FORT WORTH, Texas — American Airlines, a unit of AMR Corp., said Wednesday it is offering promotions to its frequent flyers geared toward helping make them eligible for elite status and extra rewards.

Receiver in Stanford case under fire for high rates defends request for $27 million in fees

DALLAS — The lawyer appointed to unravel what the government calls a multibillion-dollar Ponzi scheme run by Texas businessman R. Allen Stanford is firing back at critics.

3rd man arrested in fatal shooting of the prominent Houston doctor who was killed at his ranch

BELLVILLE, Texas — Authorities have arrested a third suspect in the death of a prominent Houston physician who was shot several times as he arrived at his sprawling countryside ranch with his family.

Southwest Airlines adds $10 charge each way to be able to board aircraft sooner

DALLAS — Your bags still fly for free on Southwest Airlines, but if you want a better chance at a window or aisle seat it’s going to cost $10 each way.

FAA gives Southwest Airlines till December to repair planes outfitted with unapproved parts

DALLAS — Federal officials are giving Southwest Airlines until Dec. 24 to replace unapproved parts on about 50 airplanes.

Fluor names Garry W. Flowers as head of Savannah River Nuclear Site

IRVING, Texas — Engineering firm Fluor Corp. said Tuesday that Garry W. Flowers is replacing Charles E. Munns as head of a Fluor-led team that contracts with the U.S. Department of Energy to run its nuclear materials storage and processing site near Aiken, S.C.

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