Fed rate cut signals mixed message to Bush in Austin
The Federal Reserve cut rates by half a point as President-elect Bush met with top executives in Austin. Greenspan signaled a wary stance, agreeing the economy slumped while seizing some initiative on policy timing. Advisors split over tax package implications and political risk.
MENTIONED IN THIS ARTICLE
Austin
Federal Reserve
Bush
Fed
Alan Greenspan
Greenspan
Congress
University of Texas In
Lou Gerstner
IBM
Carly Fiorina
Hewlett- Packard Company
Michael Dell
Dell Computer
Texas AG Sues Exxon Mobil Over State Oil Royalties
Texas Attorney General John Cornyn filed suit alleging Exxon Mobil and predecessors pumped oil and natural gas from about 50 acres of state highway land in Hawkins for more than 25 years without royalties. He says Exxon stole state resources and will seek tens of millions in damages. Exxon calls the claims groundless and says it will vigorously defend itself.
MENTIONED IN THIS ARTICLE
Austin
Exxon Mobil Corp
Texas
John Cornyn
Irving Based
Hawkins
Cornyn
Perry to visit Midland as he touts higher education reform
Texas governor Rick Perry plans a stop in Midland during a statewide tour to promote proposed higher education reforms. The visit accompanies a broader push aimed at reshaping state colleges and universities with new policies and funding priorities.
MENTIONED IN THIS ARTICLE
Texas
Rick Perry
Midland
FAA probes runway mishap at Warwick airport
The FAA said a Southwest Boeing 737 with up to 142 people taxied onto the runway without ATC clearance during a snowstorm at Providence Warwick Airport last weekend. A US Airways Airbus 319 halted its takeoff as the two jets nearly collided within about 1,000 feet.
MENTIONED IN THIS ARTICLE
Providence
R.I
Federal Aviation Administration
Warwick
FAA
Arlene Salac
Salac
US Airways
Odessa Plant Aims to Profit as Gas Costs Rise
Soaring natural gas prices strain monthly heating bills but Odessa's Texas Independent Energy plant pushes to complete phase one by May 30. Manager Bill Loos says high gas costs won’t hurt profits and may give an edge over less efficient rivals as the plant, employing 40 plus workers, plans to consume 62 billion cubic feet of gas annually. Neil McDonald of the Odessa Chamber notes the broader economic context.
MENTIONED IN THIS ARTICLE
Texas Independent Energy
South Odessa
Panda Energy International of
Dallas
Public Service Energy & Gas of
New Jersey
Neil McDonald
Odessa Chamber of Commerce
TIE
Loos
Odessa
Seven Texas prison escapees reported in southwestern Colorado
Tipster told Canon City police of seven escapees in a red Ford panel van and authorities from Canon City to Durango and the FBI searched for the vehicle. The van’s plate could not be traced and no sighting confirmed. The memo notes one escapee may be injured and that the suspects are believed to be traveling in the region.
MENTIONED IN THIS ARTICLE
Durango
Colo
Colorado
Texas
Canon City
State Patrol
Rick Donner
Anthony Archuleta
Cortez
Roy Lane
Montrose Daily Press
la Plata County
Also Mentioned on This Page
Annouces
Sears
Texas AG
Exxon Mobil
Jenna Franklin
Philip Morris
Iowa Department of Transportation
Sioux City
Iowa
Laura Dennis
White House
Abby
Cor Takemoto Williams
Cori Takemoto Williams
Eaery
Tipster
Colorado State Patrol
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