by Brant Foy | Apr 22, 2021 | Business
Baker Hughes reported a loss in the first quarter after its investment in an artificial intelligence company plunged in the stock market. The Houston oil-field services giant lost $452 million in the quarter ended March 31, compared with a $653 million profit in the...
by Brant Foy | Apr 20, 2021 | Lifestyle
SHERMAN, Texas (KXII) – April is distracted driving awareness month and, according to AAA, more than half of Texas drivers admitted to using their cellphones while driving, but that number could be much higher. Distracted driving can look different in many ways....
by Brant Foy | Apr 16, 2021 | Business
Sparton Corporation, a DeLeon Springs-based provider of sonobuoys for the U.S. Navy and engineered products for the defense industry, was recently acquired by Elbit Systems of America LLC from an affiliate of Cerberus Capital Management L.P. for $380 million. The...
by Brant Foy | Apr 12, 2021 | Business
Nowhere are completions climbing faster than in the Permian Basin, analysts said. The data is borne out by the rising rig count in West Texas and southeastern New Mexico. The number of wells completed in the Permian between January and March “exceeded the required...
by Brant Foy | Apr 12, 2021 | Business
Jobs in the nuclear power generation and oil and gas in the United States pay more than jobs in renewables, a wages report showed this week, as the Biden Administration pledges to create thousands of clean energy jobs. While all jobs in energy pay higher than the...
