KUHF Business News

Monthly Home Sales Near 7,800, Topping Pre-Recession High

Andrew Schneider — Wed, 19 Jun 2013 05:00:00 +0000

Houston monthly home sales and average home prices both set new records in May.

Oil And Gas Hiring Set To Increase Over Next Six Months

Andrew Schneider — Tue, 18 Jun 2013 05:00:00 +0000

The pace of hiring in the oil and gas industry is likely to pick up soon, according to a national survey by Houston-based Rigzone.

Mexico Prepares To Ramp Up Imports Of US Natural Gas

Andrew Schneider — Mon, 17 Jun 2013 10:14:00 +0000

Houston is benefiting from rising U.S. natural gas exports to Mexico. Those exports are on track to grow significantly over the next few years.

Vehicle Sales Level Off After Year-Long Rocket Ride

Andrew Schneider — Fri, 14 Jun 2013 15:51:00 +0000

Houston vehicle sales for May were virtually unchanged from a year earlier — according to Tex Auto Facts, published by InfoNation of Sugar Land.

Marathon CEO To Retire August 1

Andrew Schneider — Fri, 14 Jun 2013 05:00:00 +0000

Marathon Oil has announced long-time CEO Clarence Cazalot Jr. is preparing to step down as head of the Houston-based company.

Texas Workers Recover $6.3 Million In Unpaid Wages Under Payday Law

Andrew Schneider — Thu, 13 Jun 2013 05:00:00 +0000

The Texas Workforce Commission helped working Texans collect more than $6 million in unpaid wages in 2012.

Four Months After Nightmare At Sea, Carnival Triumph Set To Sail Again

Andrew Schneider — Wed, 12 Jun 2013 16:53:00 +0000

A Carnival Cruise Lines ship that spent several days adrift in the Gulf of Mexico after an engine fire has been repaired and will resume cruises from Galveston on Thursday.

As Istanbul Protests Turn Violent, Houston Businesses Look On Warily

Andrew Schneider — Wed, 12 Jun 2013 05:00:00 +0000

Houston companies with business interests in Turkey are growing anxious as clashes in between protesters and government forces escalate.

Interest.com: Texans Aren't Saving Enough for Retirement

Andrew Schneider — Tue, 11 Jun 2013 05:00:00 +0000

A study by personal finance website Interest.com finds that senior citizens in 48 out of 50 states are not putting aside enough money for retirement.

Houston Employment, Sales Growth Level Off

Andrew Schneider — Mon, 10 Jun 2013 14:33:00 +0000

Houston economic activity slipped for the third month in a row, according to the latest survey by the Institute for Supply Management – Houston.

What Makes A Job A STEM Job?

Andrew Schneider — Mon, 10 Jun 2013 05:00:00 +0000

A new study from the Brookings Institution finds that jobs tied to science, technology, engineering or mathematics — or STEM fields — make up a far larger proportion of the economy than previously believed.

Grocers Supply, Fiesta Mart Parent, Buys Gerland

Andrew Schneider — Fri, 07 Jun 2013 17:23:00 +0000

Grocers Supply, the Houston-based distributor and owner of Fiesta Mart, is purchasing Gerland Corporation for an undisclosed sum.

Uneven Job Gains For Class of 2013

Andrew Schneider — Fri, 07 Jun 2013 12:41:00 +0000

For the last five years, high school and college graduates entering the workforce have faced bleak prospects. While the Class of 2013 has cause for more optimism, the job market for many graduates remains challenging.

Interior Dept. Extends Comment Period On Fracking Rule

Andrew Schneider — Fri, 07 Jun 2013 05:00:00 +0000

Companies that drill for oil and natural gas — and their critics — will have 60 more days to comment on a new rule regulating hydraulic fracturing operations on public lands.

Texas Businesses See Below-Average Gains From Online Advertising

Andrew Schneider — Thu, 06 Jun 2013 05:07:00 +0000

Google is reporting an uptick in revenues for Texas businesses and nonprofits, due to increased awareness of their Internet presence.