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.
More triple-digit temperatures are on the way for next week.
The attorney general promoted deductions for medical costs, homebuyers and healthy living while dismissing concerns about cost and recent polling.
Police say the teen identified the suspect after describing luxury vehicles at his residence, helping officers track him down.
BrokerChooser analyzed 2024 FBI fraud data and compared reported cryptocurrency losses with the cost of in-state college tuition.
Three people were killed and seven others were wounded in the Saturday attack in Twin Falls, Idaho. The gunman died of a self-inflicted gunshot wound, officials said.
The reversal comes just weeks after an I-Team investigation showed contention over the disciplinary process.
A phone call from jail raised further suspicions that Carney targeted other girls.
More than 40 years after helping catch an ice cream truck driver who exposed himself to her, an Oklahoma woman testified against him in a Texas trial, helping secure a life sentence.
In 1991, a Plano girl was kidnapped and sexually assaulted. The same thing happened 8 years later in Dallas. Investigators found the same DNA on both victims.
Ashley Keith sat down with CBS News Texas for an exclusive interview, her first ever about her 1991 kidnapping.
Federal authorities arrested a man who appeared to be monitoring security-planning activities at Trump National Golf Club in LA County ahead of the president's Southern California visit.
Three words keep coming up when current and former elected leaders describe former Fort Worth Mayor and longtime Republican Congresswoman Kay Granger: trailblazer, tough, and tenacious.
Former U.S. Rep. Kay Granger, a trailblazing North Texas Republican who became the first woman to serve as Fort Worth's mayor, has died, officials said Sunday night.
This week on Eye On Politics, a new bill in Congress seeks to revoke birthright citizenship for the children whose parents entered the U.S. illegally, and Texas Lt. Gov. Dan Patrick says social issues matter even as affordability remains at the top of voter concerns.
The hemp industry is still challenging other state regulations in court, so the legal fight in Texas is expected to continue.
Target, which embarked on a turnaround plan under its new CEO earlier this year, reported an increase in first-quarter sales Wednesday.
During the program's first year, it will be offered at about 65 to 75 hospitals that handle about a quarter of births in the state and largely serve low-income patients, Newsom's office said.
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.
Telehealth platform disclosed users' "most private" health info and locked consumers into subscriptions, regulators allege.
The illness may take up to 14 days to incubate.
Dangerous heat is sending more people to the ER. Here's where North Texas outdoor workers can get free hydration kits.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
A lettuce supplier to fast-food giant Taco Bell has been linked to a nationwide cyclosporiasis outbreak that has sickened thousands of people, the CDC said.
A fairly new entertainment and food venue in Allen surprised a lot of people last week by suddenly shutting down.
The future of AI technology manufacturing has landed in North Texas.
Mayor Jim Ross said hotel revenue in the city was a record $31 million in June, smashing the previous mark of $23 million.
Cuban alleges Patrick Dumont has engaged in "adversarial business practices."
During every U.S. World Cup match, 18-year-old Aaron Dotson was selling patriotic gear in downtown Dallas.
Dallas Cowboys tight end Princeton Fant is out for the season after sustaining a knee injury in training camp.
All the festivities will be hosted at the Ford Center at The Star.
Jung Hoo Lee hit two solo homers and drove in three RBIs and Logan Webb pitched six shutout innings as the San Francisco Giants beat the scuffling Texas Rangers 5-1.
Dallas Cowboys tight end Princeton Fant left practice early after apparently suffering a knee injury Monday.
Texas Rangers pitcher Jacob deGrom says he wants to stay with the team that won the 2023 World Series, invoking his no-trade clause.
Ariana Grande had been due to star alongside her "Wicked" co-star Jonathan Bailey in a production of "Sunday in the Park with George" in 2027.
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
A lawsuit alleges that a drive storing a $45 million spy film starring Nicolas Cage was "stolen right off a Netflix desk."
Academy Award-winning Irish singer-songwriter Glen Hansard has died in a motorcycle crash.
Four women say Hollywood star Jared Leto committed sexual crimes against them when they were teenagers, in interviews with the BBC.
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.