Moody's rates Oklahoma's credit as Aa2, which is the company's third-highest rating.
The executive vice president of Bank of Oklahoma outlined the borrowing and credit ramifications that the downturn is having for businesses in the oil and gas industry.
On the surface, bonds issued by state and local governments don’t pack much of a yield punch — just 1 percent to 3 percent. But Uncle Sam generally doesn’t tax muni interest, which may be exempt from state taxes, too.
The losses will be noticeable on the balance sheets of the biggest banks on Wall Street — JPMorgan Chase, Goldman Sachs, Citigroup, Morgan Stanley, Wells Fargo and Bank of America.
David Bowie was that rare kind of rock star: You didn't have to like his music to admire him. Bowie was a business visionary like the ones who shaped Silicon Valley who just didn't see the point of building companies: He was his own greatest product.
It notes the state's outlook as "credit negative" because of continued low prices and production of oil and natural gas.
Main Street gets a new boutique and markup artists tell how they achieve celebrity looks.
In addition, the company said it planned to sell $2 billion to $3 billion in noncore assets, including a pipeline in Canada.
The offer announced Monday goes to owners of 482,000 cars in the U.S.
Care Card events kick off this week, Wacoal sets bra fittings for Get Fit for the Cure, a must-see trunk show, "Scary Sage" event and the U.S. National Arabian Horse Show Shopping Expo is back.
The Dallas-Fort Worth area of Texas was prized for its diverse job market and success luring companies that are relocating.
Seven locations in the Tulsa area
So much to see and buy this week with an Armenta jewelry collections launch, the introduction of activewear made with smart yarn and a stunning diamond jewelry trunk show.
There was a theory for a while that the nature of Tulsa’s petroleum jobs — primarily white collar managers with associated professionals in ge…
Listed by owner, tenant or building name.
Friday will be the last day to shop at the Moody’s Jewelry location at 8140 E. 68th St. before the store closes for about 90 days to undergo a major remodel.
WASHINGTON — Guess what? This isn't a low-wage job recovery. Listen to the media, and you might think that the only kind of jobs being created are in fast-food restaurants and retail chains. It turns out that this is wildly misleading and that the economy's employment profile — the split between high- and low-paying jobs — hasn't changed much since the recession or, indeed, the turn of the century.
Samson Resources Corp. leadership talked about first-quarter results by expressing optimism about cleaning up its balance sheet but admitted that its cash on hand is dwindling and it cannot restart its drilling program for the immediate future.
Quicksilver Resources, Dune Energy, Cal Dive International, BPZ Energy.
The average reader in Tulsa may not know those names, but seasoned oil and gas industry insiders certainly do. They are some of the firms that have filed for bankruptcy in the wake of this latest oil bust.
Saving money is something Joanna King plans to take much more seriously when she finds another job.
We got the look, the price and the details of Apple Watch, but we still don't know its reason for being.
A big beneficiary of sharply lower fuel prices has been airlines, most of which are enjoying huge profits right now.