Dow rockets as lawmakers move to curb corporate fraud
The Dow Jones Industrial Average surged over 480 points to above 8,000 led by bets on corporate crackdown after Adelphia executives were arrested and a House Senate pact on fraud legislation. AOL Time Warner faced a regulator probe into its accounting. The day set NYSE volume records with 2.74 billion shares.
MENTIONED IN THIS ARTICLE
New York
Dow
Wall Street
New York Stock Exchange
Adelphia Communications
House
Senate
AOL Time Warner
Todd Clark
Wells Fargo Securities
West Texas wind project to create Noelke Hill Wind Ranch
Cielo Wind Power and TXU Energy reach a deal to build Noelke Hill Wind Ranch south of Rankin in Upton County. The 240 one megawatt turbines will start operation in September 2003, supplying TXU with energy for 15 years with a five year option.
MENTIONED IN THIS ARTICLE
Florida Power and Light
King Mountain
McCamey
TXU
Cielo Wind Power
Noelke Hill
Rankin
Upton County
TXU Energy
West Texas
Cielo
Rand LaVona
United States
Erin Whalen
San Antonio
Whalen
Mitsubishi
Democratic candidate Sharp campaigns in West Texas near Midland
John Sharp, Democratic candidate for lieutenant governor, urged voters to back him over Republican David Dewhurst at a Commemorative Air Force event near Midland International Airport. He framed the choice as Texas children and a $5 billion deficit solution, praising West Texas and promising Permian Basin economic development.
MENTIONED IN THIS ARTICLE
John Sharp
Texas
Josie Ramirez
Midland County
Barbara Graff
Ector County
Gary Payne
Odessa American Missioner
Commemorative Air Force
West
David Dewhurst
Republican Party
Sharp
Midland International Airport
West Texas
Permian Basin
Dewhurst campaigns in Odessa amid tax pledge and veteran loans
Texas Lt Governor candidate Dan Dewhurst campaigned in Odessa and Midland during a 60 city swing. He pledged no new taxes and cited promises kept as Land Commissioner since 1998, including more low market loans for veterans, coastal protections and returning tax dollars. He spoke to about 40 attendees at Coyote Beach Grant.
MENTIONED IN THIS ARTICLE
Dewhurst
Coyote Beach Grant
Odessa
Midland
Texas
Longhorn pipeline gains approval after years of dispute
Longhorn Partners Pipeline earns permission to start operating a 700 mile refined gasoline line from the Permian Basin to the Gulf Coast. Officials say cheaper unbranded gasoline will reach Odessa Midland area and major retailers, easing pump prices. Opponents cited pollution worries from moving refined fuel through Austin area and aquifer concerns.
MENTIONED IN THIS ARTICLE
Longhorn
Longhorn Partners Pipeline
Permian
Gulf Coast
Odessa-Midland
Joe Feagan
HEB
Wal-Mart
Sam’s
Town & Country
Feagan
Texas
Texas Gulf Coast
Hill Country
Houston
Austin
City of
Barton Edwards Aquifer Conservation District
Teen mastermind jailed in North Texas crime ring
McKINNEY AP police say they arrested a 16 year old who confessed to more than 600 robberies and burglaries over two years. He coordinated 500 car break ins and 130 burglaries with eight other suspects aged 17 to 21. He dropped out of school and lived a high crime life, detectives said. He was arrested July 11 in McKinney and is held at the Collin County Juvenile Detention Center.
MENTIONED IN THIS ARTICLE
McKinney
Texas
McKinney Caudell
Caudell
Dallas
Collin County
McKinney, Romecseuie
Rockwall
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SEC
AOL Time Warner Inc
Longhorn Pipeline
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