Top Stories

Sat
22
Sep
admin's picture

Southlake Aviation Awarded $32-Million Damages Against West Houston Company

Kase Lawal

A Dallas County jury today awarded more than $32 million to a Southlake business whose leased plane was detained in the Congo last year after being taken there by an official with a Houston oil company in what Congolese officials suggested was a gold smuggling plot.
After deliberating over parts of three days, jurors determined that CAMAC International, its subsidiary CAMAC Aviation, and Mickey Lawal the head of the company’s African Operations, should pay Southlake Aviation $32.45 million for taking the company’s long-range Gulfstream V aircraft to the war-torn African country. Southlake Aviation is owned by businessman and philanthropist, David Disiere. CAMAC International’s president and CEO is Kase Lawal, Mickey Lawal’s brother and a member of one of President Obama’s trade advisory committees.

Thu
20
Sep
admin's picture

The Billionaire Dozen Plans To Spread Wealth

The Billionaire Dozen

 
Congregated behind closed doors of the grandiose Trustees Room at New York Public Library, this group of individuals made for the wealthiest gathering in the world. 
The twelve - Warren Buffett, Oprah Winfrey, Bill and Melinda Gates, Pete Petersen, Leon Black, Jon Bon Jovi, Marc Benioff, David Rubenstein, Steve Case, Laura Arrillaga-Andreessen and Marc Andreessen - may have made their billions from as diverse pursuits as rock music to microchips, but they have united to dedicate vast portions of their wealth to philanthropic causes. 
Their combined wealth totals a staggering $126billion - with Bill Gates and Warren Buffett in first and second place respectively. The two leaders of the billionaire pack supported the Summit on Philanthropy - where 161 of the richest people in America met to share ideas on how the wealth might be spread across education, poverty, religion, medicine and the environment.

Wed
19
Sep
admin's picture

Riot At California's Folsom Prison Leaves 13 Wounded

 

As reported by AP a riot at a California state prison on Wednesday left 13 inmates hospitalized, including one who was shot by officers, officials said. 

 

The incident happened at Folsom in Sacramento, CA the California State Prison officials could not verify the number of inmates involved.  According to officials, It broke out in a yard at the maximum-security facility shortly after 11AM.

 

In addition to the inmate who was shot, at least 10 were either stabbed or slashed during the incident. Their conditions have not been released.

No other injuries have been reported.

 

It is at least the second known incident within a year at the prison commonly known as New Folsom, located 20 miles east of Sacramento.

 

Eleven inmates were hospitalized — including one shot by officers — after a riot that involved 150 inmates in December. One officer was injured during the incident.

 

Wed
19
Sep
admin's picture

IG Releases Report On ATF Gun Walking Scandal Holder Responds

Eric Holder

 

Attorney General Eric Holder responded with the following statement today on IG Horowitz's report on Operation Fast and Furious: (bolding is mine)

“I have reviewed the Office of the Inspector General’s report on Operation Fast and Furious and the key conclusions are consistent with what I, and other Justice Department officials, have said for many months now:

The inappropriate strategy and tactics employed were field-driven and date back to 2006The leadership of the Department did not know about or authorize the use of the flawed strategy and tactics; and The Department’s leadership did not attempt to cover up information or mislead Congress about it.

Tue
18
Sep
admin's picture

Noble Energy Completes The Sale Of Mid-Continent Properties: $594 Million

 

HOUSTON, Sept. 18, 2012 /PRNewswire/ -- Noble Energy, Inc. (NYSE: NBL) announced today that it has closed the previously announced sale of certain oil and natural gas properties in western Oklahoma and the Texas Panhandle to Unit Petroleum Company, a wholly owned subsidiary of Unit Corporation (NYSE: UNT).  Proceeds from the transaction were approximately $594 million and included certain adjustments from the effective date of April 1, 2012.

 

Noble Energy is a leading independent energy company engaged in worldwide oil and gas exploration and production.  The Company has core operations onshore in the U.S., primarily in the DJ Basin and Marcellus Shale, in the deepwater Gulf of Mexico, offshore Eastern Mediterranean, and offshore West Africa.  Noble Energy is listed on the New York Stock Exchange and is traded under the ticker symbol NBL.  Further information is available at www.nobleenergyinc.com.

Mon
17
Sep
admin's picture

New Territory Pot Bust

Investigators seized an indoor marijuana operation at a home in the New Territory subdivision in Sugar Land and arrested a man there, officials said Monday.

Members of the Fort Bend County Narcotics Task Force converged on a two-story brick home in the 900 block of Featherbrook Court on Sept. 12 and seized a marijuana operation that was being conducted in four rooms of the residence, investigators said.

Drug agents found 343 marijuana plants inside the home, as well as indoor growing lights, scales, water pumps, fans and assorted equipment used for the manufacture, packaging and sale of marijuana. According to the Fort Bend County Sheriff's Office, the street value of the marijuana is $300,000.

Task force officers arrested Justin Wayne Fonville, 32, who has been charged with possession of marijuana greater than 50 pounds but less than 2,000 pounds in a drug-free zone, investigators said. A judge set his bail at $150,000.

 

Mon
17
Sep
admin's picture

IPhone 5 Pre-Sales Top 2 Million

 
Apple Inc. said advance sales of its iPhone 5 topped 2 million units in one day, more than double the record set by the previous model of the device.
Because demand for the iPhone 5 exceeds the initial supply, some of the smartphones will be shipped to customers in October, Cupertino, California-based Apple said today in a statement. Most orders will be delivered on Sept. 21, the same day the handset arrives in U.S. retail outlets, Apple said.
“Clearly it’s a blowout,” said Brian White, an analyst at Topeka Capital Markets in New York, in an interview. He had anticipated sales of 1.3 million to 1.5 million units in the first 24 hours and up to 12 million by the end of the month. “These estimates look conservative.”
Apple gained 1.2 percent to $699.78 at the New York close and traded as high as $700.44, a new record, in extended trading.

Fri
14
Sep
admin's picture

Anti-American protests rage across Middle East

 
(CNN) -- Anti-American rage sparked by an online film that insulted Islam's prophet boiled over Friday among Muslims in at least half a dozen countries, as the United States stepped up security at diplomatic posts across the Middle East.
One of the worst riots took place in Sudan, where a thousands converged on the German Embassy and set it on fire, a journalist on the scene said. Some managed to get inside and pull down a German flag before police with tear gas forced the crowd to retreat.
In Egypt, a running battle between police and protesters in Cairo continued into its fourth day. And Afghanistan saw its first demonstrations Friday, despite the government's attempts to block the online video from sparking riots.
 
Aware that protests were planned for Friday -- the Muslim holy day -- the United States beefed up security at its embassies and consulates across the Middle East.

Thu
13
Sep
admin's picture

Muhammad Ali To Receive Liberty Medal

Muhammad Ali

 

PHILADELPHIA (AP) — Retired boxing great Muhammad Ali will visit Philadelphia to receive the Liberty Medal, an award recognizing his longtime role as a fighter outside the ring for humanitarian causes, civil rights and religious freedom.

Thu
13
Sep
admin's picture

Yeman Attacks Embassy!

Yemen Embassy Attack

 

Turmoil in the Arab world linked to a contentious video denigrating the Prophet Muhammad spread on Thursday to Yemen, where hundreds of protesters stormed the United States Embassy, two days after assailants killed the American ambassador in Libya and crowds tried to overrun the embassy compound in Cairo.

News reports also spoke of a separate protest in Tehran, where around 500 Iranians chanting “Death to America” tried to converge on the Swiss Embassy, which handles United States interests in the absence of formal diplomatic relations with Washington. Hundreds of police officers held the crowds back from the diplomatic compound, which Swiss officials had evacuated as a precaution, Agence France-Presse said.

Pages

Subscribe to RSS - Top Stories