Texas News

Elon Musk must testify in SEC probe of his Twitter takeover – NBC 5 Dallas-Fort Worth

Published

6 months ago

February 11, 2024

www.nbcdfw.com – Lora Kolodny,CNBC – 2024-02-11 19:33:24

SUMMARY: Elon Musk has been ordered by a U.S. judge to testify in a probe by the U.S. Securities and Exchange Commission concerning his 2022 acquisition of Twitter. The SEC is investigating whether Musk, or anyone else, committed securities fraud as he began buying stock in Twitter, and building a stake ahead of his leveraged buyout of the social media company. Musk has repeatedly challenged federal regulatory agencies' authority, and now has one week to set a date and location for his testimony. Musk has previously sought to challenge federal regulatory agencies, including the SEC and the National Labor Relations Board, in their attempts to regulate his companies.

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Texas News

Woman arrested, 2 others accused looting Hurricane Beryl-ravaged Westchase area apartments

Published

1 hour ago

July 26, 2024

Staff Editor

abc13.com – Luke Jones – 2024-07-26 22:25:23

SUMMARY: Police in Houston have arrested 61-year-old Tamara Brown for allegedly breaking into multiple Westchase-area apartments damaged by Hurricane Beryl. Brown reportedly worked with two others, who remain at large. A man from Woodlake Oaks Apartments had to evacuate after his roof caved in and subsequently reported a burglary where thieves took electronics. Eyewitnesses found several garbage bags filled with potential stolen items outside the complex. In the Westbury neighborhood, Victoria Ma returned home to find her residence burglarized after losing power due to the hurricane. Brown was released on a $10,000 bond and ordered to stay 200 feet away from the complex.

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Texas News

Austin FC impresses in Leagues Cup opener over Pumas

Published

1 hour ago

July 26, 2024

Staff Editor

www.kxan.com – Noah Gross – 2024-07-26 22:16:22

SUMMARY: Austin FC ended their tough MLS regular season run with a thrilling 3-2 victory over Pumas in their Leagues Cup opener. Alex Ring scored early, and despite Osman Bukari’s red card, Gyasi Zardes added another goal, making it 2-0 at halftime. Pumas narrowed the lead with a stoppage-time goal, but Sebastian Driussi extended Austin’s lead to 3-1. Pumas scored again in the 72nd minute and had a late chance to tie, but backup goalkeeper Stefan Cleveland saved a crucial penalty to secure the win. This victory gives Austin three points, with their next match against Monterrey at Q2 Stadium.

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Texas News

Worries over runoff have some concerned near Toll Road I83A

Published

2 hours ago

July 26, 2024

Staff Editor

www.kxan.com – Barrett Tryon – 2024-07-26 21:29:33

SUMMARY: The Central Texas Regional Mobility Authority (CTRMA) has been working on Toll Road 183A in Williamson County, Texas, for the past three years. CTRMA Director of Engineering, Mike Sexton, explains that the project involves extensive planning and community engagement. Despite meticulous preparation, construction can face unforeseen challenges such as water runoff, which has concerned local residents. To mitigate issues, CTRMA uses water quality ponds and detention facilities to manage water discharge. The rapid regional growth also affects water movement, necessitating weekly inspections. The project is nearing completion and is expected to be finished by early 2025.

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