Results tagged “layoffs”

Good morning, Houston. Looks like we'll have a tougher time cracking out those fake Benjamins next year: The $100 bill will soon be getting a high-tech makeover to thwart counterfeiters. The key feature: 650,000 tiny lenses embedded in each bill, which will magnify the printing so that the portrait of Benjamin Franklin appears to move up and down or side to side, depending on which way you move the bill. "It makes for a...

Halliburton, the much-maligned Houston-based oil services company, is making a pretty significant change: Yesterday, company CEO Dave Lesar announced that Halliburton will soon move its corporate headquarters from Houston to Dubai. The move, Lesar said, will let Halliburton focus on its business in the Mideast and Asia: "The eastern hemisphere is a market that is more heavily weighted toward oil exploration and production opportunities and growing our business here will bring more balance to Halliburton's overall portfolio," he said. According to the AP, more than 38 percent of Halliburton's $13 billion in oilfield services revenue came from the eastern hemisphere last year.

Police found a man who had been shot to death in a car at a southwest Houston apartment complex yesterday afternoon, but they don't know who he is or who killed him A psychiatrist testified Friday that he warned Andrea Yates not to have more children when she attempted suicide after the birth of her fourth child in 1999 There's been a crime spike in the Fort Bend County suburbs in recent months, the KTRK...

A federal judge ruled today that Republicans can't replace Tom DeLay with another candidate in this fall's 22nd Congressional District race Nine current and former Cy-Creek EMS employees have been indicted in connection with a 2004 grenade prank that cost a man part of his foot In southwest Houston, a toddler died this afternoon after a television fell on his head Merrill Lynch has agreed to pay Enron $29.5 million to settle its part of...

In its continuing quest for corporate excellence, Federated Department Stores will lay off 140 local Foley's employees this summer — Federated, you remember, is the company that bought the May department stores and will blanket the world with Macy's this fall.

Ken Lay and Jeff Skilling's lawyers continued hammering at key points of the prosecution's case in the trial of the two ex-Enron executives yesterday, focusing on former CFO Andy Fastow's alleged attempt to get preferential treatment for his LJM side companies.