Enron Nears Bankruptcy After Dynegy Withdraws Buyout
Enron Corp teeters on bankruptcy as Dynegy Inc backs away from an $8.4 billion deal. Shares plunged from about 85 dollars a year ago to under one cent, while rating downgrades and a looming debt crunch accelerate the collapse. The company faces probes, canceled dividends, and sales of key assets as it battles secrecy and arrogance allegations.
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Houston
Enron Corp
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Nixon Peabody LLC
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Dynegy Inc
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India
Brazil
Prudential Securities
Carol Coale
Standard & Poor's
Moody's Investors Service
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Jim McAuliffe
Winter storm in Texas leaves 11 dead and power outages
A fast moving Arctic blast cleared Texas on Thursday after a deadly stretch that killed at least 11 motorists and cut power to thousands. Snow up to a foot fell in spots while ice and sleet froze commutes and caused hundreds of wrecks across North Texas.
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American Airlines
Delta Air Lines
Ken Capps
American
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Able
Gonzalez
Terrell
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Coronado Drops Out of 2002 Lt Gov Race Endorses Sharp
Former Selective Service Director Gil Coronado, a Democrat, withdrew from the 2002 lieutenant governor race in San Antonio and endorsed Democratic candidate John Sharp. Coronado said unity is needed as Sharp remains the sole declared Democrat for the post.
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Selective Service
Gil Coronado
John Sharp
Coronado
San Antonio
Sharp
Muslims Arrested After Prayer Stop In Texas City
Two Somali men from Houston, Ismael Abdi Hassan and Ahmed Shueib Yusuf, were arrested on related charges after officers responded to a report of suspicious activity. They had just prayed in a parking lot beside a rented U Haul truck while collecting clothing from charity boxes. They were released on bond Thursday.
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Texas City
Texas
Houston
Anthony Morgan
Morgan
Ismael Abdi Hassan
Ahmed Shueib Yusuf
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