• Reports say Spectra Energy to enter arena for Williams Cos.

    BY CASEY SMITH, Tulsa World | Published: Mon, Aug 17, 2015

    Williams Cos.' shares  rose more than 4 percent  to around $54.40 Monday following an exclusive  Reuters article  published Friday evening that reports Spectra Energy is going to make a bid to buy Williams in its entirety. Houston-based Spectra operates in three key areas of the natural gas industry — transmission and storage; gathering and processing; and distribution. Tulsa-based Williams announced in June that it was opening itself up to a "strategic alternatives" process that could include, among other things, a merger, a sale or continuing to pursue the company's existing growth plan.

  • KFC Swaps Colonel Again: Comedian Norm Macdonald Takes Darrell Hammond's Spot

    Published: Mon, Aug 17, 2015

    KFC has a new Colonel Sanders: Just a few months after the chain announced "Saturday Night Live" alum Darrell Hammond would revive the chain's iconic character, KFC has hired another "Saturday Night Live" veteran to play the Colonel, Eater.com reports. According to a press release, Norm Macdonald will now be the one to don the famed white suit and black bowtie.

  • A Gathering Place to switch construction managers; Crossland to replace Manhattan

    By Kyle Hinchey, Tulsa World | Published: Sat, Aug 15, 2015

    After completing initial phases for A Gathering Place for Tulsa, Manhattan Construction Co. has been replaced as the project's construction manager, according to a statement released Saturday. Manhattan, which was selected to manage the park's construction in May 2014, is being substituted for Crossland Construction Co. for the remainder of the project, the news release states. The initial phases — Pre-construction, utility and dirt work — already have been completed. The switch in management will not present noticeable changes to the budget or timeline of the park, according to the release, which is expected to be completed in 2017.

  • Bic Apologizes for Controversial Ad That Sparked Major Backlash

    Published: Thu, Aug 13, 2015

    A message encouraging women to “look like a girl” and “think like a man” has been removed from Bic South Africa’s Facebook page after the pen manufacturer posted it in honor of National Women’s Day. On Tuesday, it posted an apology in its place, Yahoo Parenting reports. South Africa’s Women’s Day is a national holiday celebrated every Aug. 9, paying homage to women’s strength and power, so users were surprised to see an ad from Bic South Africa that told women to think like a man. The message read: “Look like a girl/Act like a lady/Think like a man/Work like a boss.”

  • New scoop: Blue Bell ice cream headed to stores again; no date yet for Broken Arrow plant's startup

    FROM TULSA WORLD STAFF REPORTS | Published: Tue, Aug 11, 2015

    Blue Bell Creameries announced Tuesday on Facebook  and  Twitter  that it was again shipping its ice cream to stores. “Our trucks are on the road again… And yes, they are filled with Blue Bell Ice Cream! We’ll let you know soon when and where you can find our products in stores,” according to its Facebook post. Blue Bell spokeswoman Kelli Remmert said that the trucks are headed from Sylacauga, Alabama, to a limited number of distribution centers to start building inventory.

  • Judge halts new regulations on Osage County oil production

    BY CURTIS KILLMAN, Tulsa World | Published: Tue, Aug 11, 2015

    A judge issued an injunction Monday preventing a series of new federal regulations governing oil production in Osage County from taking effect. U.S. Chief District Judge Gregory Frizzell granted the preliminary injunction following a hearing Monday in Tulsa federal court. Groups representing the Osage Nation and oil producers operating in Osage County sued the federal government in early July, claiming new rules about to take effect would lead to decreased production and royalties and effectively kill the oil industry in the largest county in the state.

  • Nine Charged in Insider Trading Case Tied to Hackers

    Published: Tue, Aug 11, 2015

    Federal authorities announced on Tuesday that they had broken up a five-year scheme in which rogue Wall Street traders gave overseas hackers a “shopping list” of confidential corporate news releases to steal, generating over $100 million in illegal profits from the buying and selling of securities. The group traded based on confidential financial information from the stolen releases, which had not yet been made public, according to court documents. The authorities filed criminal charges against nine people related to $30 million of illegal profits. 

  • Target working to remove gender labels from toy, bedding aisles

    BY CASEY SMITH, Tulsa World | Published: Mon, Aug 10, 2015

    National retailer Target announced in a  blog post  Friday that it is removing gender-based signage from some of the departments in its stores across the country. “Over the past year, guests have raised important questions about a handful of signs in our stores that offer product suggestions based on gender,” the retailer’s announcement says. “In some cases, like apparel, where there are fit and sizing differences, it makes sense. In others, it may not.”

  • Google Creates Parent Company Called Alphabet in Restructuring

    Published: Mon, Aug 10, 2015

    Google Inc. on Monday said it will create a new company called Alphabet, which will be the parent of Google, with Sundar Pichai becoming CEO of Google and Larry Page running the new company. Shares of Google increased about 4% in recent after-hours trading. According to a regulatory filing with a letter from Chief Executive Larry Page, Alphabet will be “a collection of companies,” the largest of which will be Google. Mr. Page will be Alphabet’s chief executive, with Google co-founder Sergey Brin as president and Eric Schmidt as executive chairman.

  • To boost job prospects, younger Americans seek dentures

    Published: Mon, Aug 10, 2015

    Some areas that top the nation for unemployment also fare worst in a health measure that can keep people from getting jobs — missing teeth, USA TODAY reports. West Virginia is the starkest example. Not only did it have the highest jobless rate in June, but it also holds the dubious distinction of having the most working-age adults who have lost six or more teeth at 23%.

  • Gov. Mary Fallin: Regulations won't have immediate impact on number of quakes

    BY BARBARA HOBEROCK, Tulsa World | Published: Wed, Aug 5, 2015

    Gov. Mary Fallin on Tuesday said changes in regulatory policies governing disposal wells will not have an immediate impact on the number of earthquakes in the state. “I think it is important for the people of Oklahoma to understand that just because there is a change in regulatory policy doesn’t mean you are going to see an action next week or one month or two months or six months,” Fallin said. “It could be a year until we see a measurable difference. We are trying to figure out day by day what is the best thing to do.” She was complimentary of actions taken by the Oklahoma Corporation Commission, which required some disposal well operators to reduce volume and the depth of waste-water injections. Disposal wells have been tied to the increased number of earthquakes.

  • Vacancies shrink as some new retail concepts choose Tulsa over OKC

    BY ROBERT EVATT, Tulsa World | Published: Wed, Aug 5, 2015

    It’s a big time for new retail concepts in Tulsa — Urban Outfitters, Main Event and Noodles and Company have opened up in recent months, and Trader Joe’s will soon be here. Their arrival demonstrates the strength of the area’s retail activities, especially since some chose Tulsa as their first Oklahoma location over Oklahoma City, said Ben Ganzkow, a retail broker with CB Richard Ellis. “It’s a strong sign that these national retailers put a lot of value in the Tulsa market,” he said. “They see they have more opportunities to grow in this region.”

  • Apple stock implosion shreds $113.4B

    Published: Wed, Aug 5, 2015

    Apple (AAPL) shares fell significantly for the second day Tuesday — bringing investors' paper losses to staggering levels and putting the stock further into correction territory. Shares of Apple finished down $3.80, or 3.2%, to $114.64 in regular trading Tuesday, meaning they've fallen more than 14% since hitting their high of $134.54 on April 28. Given the massive size of Apple's market value, this sell off is enormous in that it has wiped out $113 billion in paper wealth. The sell off essentially erases more than the entire market value of corporate giants including Nike (NKE) at $98 billion or McDonald's (MCD) at $95 billion, separately.

  • College Textbook Prices Have Risen 1,041 Percent Since 1977

    Published: Mon, Aug 3, 2015

    Students hitting the college bookstore this fall will get a stark lesson in economics before they've cracked open their first chapter. Textbook prices are soaring. Some experts say it's because they're sold like drugs. According to NBC's review of Bureau of Labor Statistics (BLS) data, textbook prices have risen over three times the rate of inflation from January 1977 to June 2015, a 1,041 percent increase. "They've been able to keep raising prices because students are 'captive consumers.' They have to buy whatever books they're assigned," said Nicole Allen, a spokeswoman for the Scholarly Publishing and Academic Resources Coalition.

  • 22 college majors with the highest starting salaries

    Published: Mon, Aug 3, 2015

    Salary potential shouldn't be the sole thing that attracts you to a major in college — things like passion, interest, and aptitude should also be considered. But it's still nice to know which degrees pay off the fastest. (And we can't blame you for being drawn to those.) PayScale, the creator of the world's largest compensation database, recently looked at the starting pay for millions of professionals and sorted the results by college major.

  • Apple Watch now works with August's designer smart lock

    Published: Mon, Aug 3, 2015

    Unlocking a door with your smartphone feels like the future, but you still have to fish something out of your pocket to do it. If you happen to own one of the Yves Behar designed August smart locks, however, you can open it with something on your wrist -- an Apple Watch. You can now lock and unlock the device "with just a swipe and a tap" on a Watch, according to August. In addition, you can view a log of who has come and gone, and get a notification when someone locks or unlocks your door.

  • ONEOK Partners to invest up to $100 million to expand capacity in Permian Basin

    BY CASEY SMITH, Tulsa World | Published: Thu, Jul 30, 2015

    ONEOK Partners LP announced Thursday plans to invest between $70 million and $100 million to expand the ONEOK WesTex Transmission intrastate natural gas pipeline system. The expansion project is located in the Texas Panhandle and the Permian Basin in West Texas. Plans would increase the system’s natural gas capacity by 260 million cubic feet per day by the first quarter of 2017. The expansion includes the construction of two new compressor stations and upgrades or expansions to three existing compressor stations.

  • QEP Resources to shut down Tulsa office; approximately 70 jobs affected

    BY CASEY SMITH, Tulsa World | Published: Thu, Jul 30, 2015

    Denver-based QEP Resources announced Thursday that it will be shutting down its regional office in Tulsa. Around 70 employees, most of them in technical jobs, work in the company's Tulsa office, said Brent Rockwood, a spokesman for the company. Approximately half of those employees will be given relocation offers at the crude oil and natural gas exploration and production company's headquarters in Denver. Others will be laid off.

  • CEO shares $27 million with staff after selling his firm

    Published: Wed, Jul 29, 2015

    This is what profit sharing should look like. The CEO and co-founder of a Turkish food delivery company has paid out $27 million to 114 employees after selling the firm. Nevzat Aydin told Turkish newspaper Hurriet his employees deserved to benefit from the sale. "If there is a success, we have accomplished it all together," he was quoted as saying.

  • WPX Energy CEO gives U.S. Senate hearing testimony supporting end of crude oil export ban

    BY CASEY SMITH, Tulsa World | Published: Tue, Jul 28, 2015

    WPX Energy President and CEO Rick Muncrief spoke Tuesday on Capitol Hill in Washington D.C., voicing the domestic oil and gas producer's "strong support" for lifting the United States government's four-decades old ban on the export of crude oil. Among other benefits, Muncrief said WPX Energy believes lifting the ban would boost the U.S. economy as well as strengthen the country's national security. Muncrief's testimony was part of a full committee hearing held by the United States Senate Committee on Banking, Housing, and Urban Affairs on "Lifting the Crude Oil Export Ban." The ban has been in place since the Energy Policy and Conservation Act became law in 1975.