Exxon Loses AAA Credit Rating As Oil Prices Slump
Low oil prices have helped cost Exxon its pristine AAA credit rating from Standard & Poor's, a label which it had held for over six decades. S&P said that it lowered Exxon's rating one notch.
Watch CBS News
Low oil prices have helped cost Exxon its pristine AAA credit rating from Standard & Poor's, a label which it had held for over six decades. S&P said that it lowered Exxon's rating one notch.
U.S. home prices continued their steady upward march in February as buyers competed for a limited number of available properties.
Federal regulators will impose several conditions meant to protect online video services as they back Charter's bid to buy Time Warner Cable and create the country's second-largest home Internet provider.
Newspaper publisher Gannett is offering to buy Tribune Publishing Co. for approximately $388.3 million.
Starbucks expressed confidence that an overhaul of its rewards program will drive up sales over the long term, but warned the transition could be bumpy.
American Airlines Group Inc. (AAL) on Friday reported first-quarter net income of $700 million.
If you own a cowboy hat there is a good chance it was made at the Hatco factory in Garland. Hatco General Manager Ricky Bolin explained, "Some of the machinery dates back to the 1800's that we use."
AAA Texas on Thursday reported that the average price at the pump is the same as it was a week ago. The nationwide retail gasoline average rose a penny this week to reach $2.11 per gallon.
"I love it," Oprah Winfrey shouted, pumping her fist in the air. There was no mistaking her feelings about Harriet Tubman being selected as the next face of the $20 dollar bill.
A federal judge has refused to issue a preliminary injunction that would have forced the City to lease the Convention Center to the promoters of the Exxxotica Adult Expo.
General Motors' first quarter profit more than doubled as all of its business units posted improved numbers including record pretax earnings in North America.
Southwest Airlines packed even more people onto its planes, notched a record first-quarter profit of $511 million, and said on Thursday that solid bookings have continued into April.
McDonald's is testing bigger and smaller versions of its Big Mac as the world's biggest hamburger chain pushes to revive its business. The company is trying out a Grand Mac and Mac Jr. in the central Ohio and the Dallas areas.
Visa said that it is improving its chip-embedded cards, which have been the source of grumbling from businesses and customers forced to wait longer for transactions to go through.
The shootings in south Dallas happened as another pair of deadly shootings unfolded in the Deep Ellum neighborhood.
The Justice Department charged a Texas man who allegedly fired his gun toward a Secret Service agent and wounded a bystander on the National Mall.
Coach Blake Crutsinger of Ponder Junior High School had surgery to remove the left part of his skull, his wife said.
In a new lawsuit, two California residents allege that Cento Fine Foods doesn't use real San Marzano tomatoes in one of its products.
Ted Turner built a media empire that included cable channels CNN, TBS and TNT, and he owned the Atlanta Braves for 20 years.
As he battles terminal cancer, a Fort Worth fire captain says the state's workers' comp system has failed him — and he's far from alone.
A Kennedale couple says their leased solar panels stopped producing power and became a costly burden after years of unfulfilled promises.
Family ignored a nighttime alert during deadly flooding. Now, questions are growing about notification fatigue and whether the system needs changes.
Texans are tuning out more than Amber Alerts, with the highest opt-out rate in the country for wireless emergency alerts.
State records show regulators ordered the removal of a plastic gas pipe installed in the early 1970s after it was linked to multiple explosions and deaths in North Texas.
The Justice Department charged a Texas man who allegedly fired his gun toward a Secret Service agent and wounded a bystander on the National Mall.
Commerce Secretary Howard Lutnick is being questioned Wednesday before the House Oversight Committee as part of its investigation related to Jeffrey Epstein.
The FDA announced its first authorization of fruit-flavored electronic cigarettes intended for adult smokers, a major policy shift after months of appeals to President Trump from the vaping industry.
The Pentagon says the war in Iran has already cost roughly $25 billion — and counting. Lawmakers are raising concerns over strategy, rising costs and strained weapons stockpiles as tensions escalate.
The U.S. warns that transiting the normal route could be "extremely hazardous" because of mines laid in the Strait of Hormuz by Iran.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
This explosion is among several similar incidents across North Texas that raise questions about why hazardous natural gas leaks keep happening
Zoox, owned by Amazon, produces its own autonomous vehicles that it says are built for passengers, not drivers.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
While retailers like Amazon, Macy's and Target are extending their return window for gifts bought during the holidays, some stores are adding fees to return purchases.
Three passengers have been evacuated from a cruise ship hit by a hantavirus outbreak, as related cases are confirmed in Switzerland and South Africa.
The FDA announced its first authorization of fruit-flavored electronic cigarettes intended for adult smokers, a major policy shift after months of appeals to President Trump from the vaping industry.
As he battles terminal cancer, a Fort Worth fire captain says the state's workers' comp system has failed him — and he's far from alone.
After months waiting for a new heart, 9-year-old Penny found hope through music—and a second chance at life.
New Texas regulations took effect March 31 that capped THC in smokable hemp products at 0.3%, banning some popular items.
Herring said that in the year before tariffs, used car sales were just under half of his business at his dealership in Irving; Now, they are nearly 75 percent.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
Weiser said "the last few years has required a heavy financial lift to continue operating."
Small businesses along South Akard Street say the removal of a key bridge connecting Downtown Dallas to the Cedars neighborhood is already driving customers away, with no return of direct access expected until 2028.
An Amazon Prime delivery in Richardson this week left more behind than intended.
The New York Yankees beat the Texas Rangers 7-4 on Tuesday night for their fifth straight win and 15th in 17 games.
The Mavericks touted Ujiri's experience, saying he has a decade of experience leading NBA front offices.
Cherie DeVaux reflected on her place in history after becoming the first woman to train a Kentucky Derby winner with Golden Tempo.
Spencer Torkelson hit a two-run homer and the Detroit Tigers pulled away to a 7-1 victory over the Texas Rangers.
Dillon Dingler hit a three-run homer, Keider Montero pitched into the seventh inning and the Detroit Tigers beat the Texas Rangers 5-1.
A trial in the lawsuit between Blake Lively and Justin Baldoni was set to begin later in May.
The performance followed similar shows by Madonna in 2024 and Lady Gaga last year on one of the world's most iconic waterfronts.
David Allan Coe also had hits with "You Never Even Called Me By My Name" and "The Ride" among others.
First lady Melania Trump said that jokes Jimmy Kimmel made on his show days before the White House Correspondents' Dinner were "hateful and violent rhetoric."
Jake was at the funeral for one of his closest friends when he learned of his parents' deaths, he said.
The Red Bull Flugtag Airshow returned to Las Colinas on Saturday after a 12-year hiatus. Teams are tasked with constructing a flying machine and putting it to the test. It's estimated that around 25,000 people attended the event.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The Neonatal Intensive Care Unit babies at Texas Health locations across North Texas celebrated Valentine's Day.
As Anthony Davis prepared for his debut game at the AAC, Dallas Mavericks fans took to the arena to protest the controversial trade.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.