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Thursday October 16th 2008

Houston Business Journal

 Allis-Chalmers CEO sells shares to cover loan payment Thursday, 16 October 2008, 12:48 pm

Micki Hidayatallah, Allis-Chalmers Energy Inc.’s chairman and chief executive officer, has sold 400,000 of his company shares to satisfy a margin loan, the company said Thursday. (ALY)

Source: Houston Business News - Local Houston News | Houston Business Journal Houston Business News - Local Houston News | Houston Business Journal |

 Ethanol pipeline test a success, says Kinder Morgan Thursday, 16 October 2008, 12:06 pm

Kinder Morgan Energy Partners LP says it has successfully tested what could become the nation’s first transmarket ethanol pipeline. (KMP)

Source: Houston Business News - Local Houston News | Houston Business Journal Houston Business News - Local Houston News | Houston Business Journal |

 Continental, Southwest post third-quarter losses Thursday, 16 October 2008, 10:04 am

High fuel prices and the effects of Hurricane Ike contributed to a third quarter net loss for Continental Airlines Inc. (CAL) (CAL) (LUV)

Source: Houston Business News - Local Houston News | Houston Business Journal Houston Business News - Local Houston News | Houston Business Journal |

 KBR unit wins Georgia Power contract Thursday, 16 October 2008, 8:20 am

A unit of KBR Inc. has been awarded an engineering contract by Georgia Power. (KBR)

Source: Houston Business News - Local Houston News | Houston Business Journal Houston Business News - Local Houston News | Houston Business Journal |

 Mazak buys land at Greens Crossing for technology center Thursday, 16 October 2008, 8:10 am

Mazak Corp. has purchased 4.4 acres in the Greens Crossing Distribution Center for a new 35,000-square-foot technology center.

Source: Houston Business News - Local Houston News | Houston Business Journal Houston Business News - Local Houston News | Houston Business Journal |

 Houston to get first certified organic restaurant Thursday, 16 October 2008, 8:00 am

Pizza Fusion, an organic, environmentally-friendly restaurant chain, is planning to open its first restaurant in the Houston area in November.

Source: Houston Business News - Local Houston News | Houston Business Journal Houston Business News - Local Houston News | Houston Business Journal |

 Report: Texas economy slips in September Wednesday, 15 October 2008, 3:22 pm

The resilient Texas economy began to weaken in September, according to the latest snapshot of economic conditions released Wednesday by the Federal Reserve Board.

Source: Houston Business News - Local Houston News | Houston Business Journal Houston Business News - Local Houston News | Houston Business Journal |

 Methodist receives grant for East Texas stroke program Wednesday, 15 October 2008, 2:20 pm

The Methodist Hospital has received $5.8 million from the T.L.L. Temple Foundation to create an advanced stroke program in East Texas.

Source: Houston Business News - Local Houston News | Houston Business Journal Houston Business News - Local Houston News | Houston Business Journal |

 Report: Cruise industry brings $1B to Texas economy Wednesday, 15 October 2008, 2:17 pm

The cruise industry sank $1.07 billion into the Texas economy last year, according to a study released Wednesday by the Cruise Lines International Association.

Source: Houston Business News - Local Houston News | Houston Business Journal Houston Business News - Local Houston News | Houston Business Journal |

 Blue Cross, Texas Children’s Pediatric Associates settle insurance battle Wednesday, 15 October 2008, 11:58 am

Blue Cross and Blue Shield of Texas and Texas Children’s Pediatric Associates have reached an agreement for TCPA's 140 pediatricians to continue as in-network physicians for BCBSTX’s BlueChoice PPO and HMO Blue Texas networks.

Source: Houston Business News - Local Houston News | Houston Business Journal Houston Business News - Local Houston News | Houston Business Journal |

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