The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

The board of Johnson Controls has approved a $9 billion share-repurchase program. The Cork, Ireland-based building company said Friday that the new buyback plan stacks on top of $1.1 billion in ...

Futures on Wall Street have tanked following reports of Israel's strikes on Iranian locations, also leading to a surge in crude oil prices. The Dow futures are down 600 points, while the S&P 500 and ...

"A heightening of Middle Eastern tensions has investors running for cover," says José Torres, senior economist at Interactive ...

Gold rallies to record, while airline stocks retreat ...