Business News

Americans may have an enduring love affair with cars dating back more than 100 years, but there are some models we refuse to drive off the lot.

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The Canadian oil company that wants to build the controversial Keystone XL pipeline in the U.S. has submitted a new application for the project, after changing the route to avoid environmentally sensitive land in Nebraska.

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School superintendents, school board members and administrators from around Angelina County and the state held a summit meeting with local business and community leaders earlier this week at the Pitser Garrison Civic Center on Tuesday.  Their goal was to get public schools, state lawmakers, and the business community on the same page in educating children.

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Some industries like real estate and the newspaper industry might have taken a noticeable nose dive during the recent downturn in the economy, but others have seen an equally noticeable rise.

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British Petroleum and a small army of plaintiffs’ attorneys have presented a New Orleans federal judge with the formal terms of a proposed class-action settlement designed to resolve billions of dollars in economic damage claims spawned by the 2010 oil spill in the Gulf of Mexico.

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Best Buy has released the list of its under-performing stores that will be closed in the coming weeks, and you'll be glad to know the Lufkin store is NOT on the list.  In fact, only two Texas stores are on the list -- one in Austin, the other in San Antonio.

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The 4-day work week appears to be the coming thing.  The Diboll City Council has voted join other municipalities around the country and "test drive" the 4-day work week for five months.

They want to see if it's the money saver and efficiency improver its proponents say it is. If it lives up to expectations, the council is expected to make it permanent.

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With mortgage interest rates at historic lows, millions of Americans are deciding to refinance their houses and get lower rates.  So the answer to the question in that headline is YES.  There has never been a better time to take a walk down ReFi Street.

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