A $46 million federal reimbursement check is expected to cover a capital shortfall in the Texas Emerging Technology Fund for at least the next six months, state officials said Wednesday. more…

The Oaks of Woodforest apartment complex that experienced heavy damage from Hurricane Ike has been acquired by a company that specializes in acquiring distressed multifamily complexes across the count more…

Shares of marine contracting company Cal Dive International Inc. fell in mid-day trading Wednesday after investment banking group Jefferies & Company Inc. lowered the company’s price target to $ more…

Houston claims for home burglaries rose 8 percent between 2008 and 2009, according to new figures released Wednesday by Allstate Corp. more…

Flotek Chairman and Chief Executive Jerry Dumas has resigned as chairman of the company’s board of directors, Flotek announced Wednesday. (FTK) more…

Plains All American Pipeline LP has completed a public offering of $400 million in unsecured notes. (PAA) more…

Texas is the nation’s No. 1 state for business, according to business news cable network CNBC-TV. more…

All things considered, the first six months of 2010 went pretty well for M&A activity in the oil patch. Some $43 billion worth of oil and gas deals were announced in the second quarter of 2010, wh more…

Home prices rose in the Houston area in May, once again at a higher rate than the nation as a whole. (CLGX) more…