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Reports Dell buyout group to amass $7B in financing
Activist investor Carl Icahn and Southeastern Asset Management Inc. are reportedly amassing up to $7 billion in financing to counter Michael Dells investor groups offer of $2.4 billion for Dell Inc. shareholders. Thomson Reuters LPC is reporting that Icahn and Southeastern want the financing before Dell (Nasdaq: DELL) shareholders meet in July to vote on a prospective buyout and move to take the ...
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The Blotter Teen drowns in Inks Lake
Teen drowns in Inks Lake An 18-year-old drowned Thursday morning in Inks Lake.Johnny Mosely, of Kingsland was swimming with a friend when he apparently experienced difficulty and went under water, department spokesman Mike Cox said.Divers with the Buchanan Volunteer Fire Department recovered his body about an hour and half after he went underwater, officials said.-- Ciara O'Rourke, ...
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Pipeline ruling strengthens private property rights
A company seeking to run a pipeline across East Texas instead crossed the wrong Texan, and now a state appeals court ruling in the dispute could make it harder to condemn land and snatch private property for future pipelines.Private property right advocates cheered an opinion issued Thursday by the Ninth Court of Appeals in Beaumont in a case involving wealthy East Texas landowner -- and storied ...
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Pflugerville student honors veterans with display
Chad Gouge plans a future with the military, and he's already honoring those who've served before him.Gouge, a senior at Hendrickson High School in the Pflugerville school district, spent about a month-and-a-half putting together a military honor board to recognize Hendrickson alumni who joined the military.The school now displays his Eagle Scout project near the ...
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Community News Austin police announce no-refusal weekend
Police announce no-refusal weekend Austin police are enforcing a no-refusal initiative for Memorial Day weekend beginning at 9 p.m. Friday and ending at 5 a.m. Tuesday.The no-refusal initiative is an effort to enforce boating while intoxicated and driving while intoxicated laws to ensure safety on Austin's roadways and lakes, according to a news release.Additionally, the Police ...
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Movie Review
Blood Simple [Blu-Ray]
Blood Simple, the filmmaking debut of brothers Joel and Ethan Coen, has not aged a bit in the two and a half decades since it was first released. Taut, suspenseful, well-written, and superbly directed with a sly sense of black humor, it is a deliciously wicked film noir given a m ... ...
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Amid Austin building permit backlog a reviewer is suspected of taking money to rush applications
Last year, as the wait to obtain residential building permits ballooned to several months, city officials began to suspect one of the employees reviewing those permits of illegally taking money to approve applications.Now that reviewer, Edward D. Vigil, is under investigation by police after leaving his job, according to emails and a report from one of Vigil's superiors summarizing the ...
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Austin City Council tables Austin Energy decision supports X Games
At its meeting Thursday, the Austin City Council: Agreed to support Circuit of the Americas' bid to host the ESPN summer X Games in 2014, 2015 and 2016, which will allow the circuit to apply for special-events money from the state. Also agreed that the city will provide up to $150,000 in waived fees and other services, such as police officers for security, if Austin is chosen for the games. ...
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Key lawmakers optimistic Perry will accept measure narrowing regents’ power
Will Gov. Rick Perry accept legislation that would narrow some of the powers of his appointees to public university governing boards? Including the powers of the University of Texas System regents, who hold among the most prestigious appointments in state government but whose controversial oversight of the Austin flagship prompted the legislation?The answer should be clear ...
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Dewhurst kills bill that would’ve shifted power on tech grants
Lt. Gov. David Dewhurst has killed a bill that would have stripped him, Gov. Rick Perry and House Speaker Joe Straus of the power to award certain Emerging Technology Fund grants, the sponsors of the legislation confirmed Thursday.Dewhurst did not allow the Texas Senate to vote on House Bill 3162 after he removed it from the Senate calendar, said state Rep. John Davis, R-Houston, who authored ...
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Why abortion bills didn’t gain traction in conservative-dominated Legislature
Abortion opponents entered the 2013 legislative session brimming with confidence and toting an aggressive to-do list.They'll leave Austin with little to brag about when the session closes ...

