Out of 26 million Texans, you may have an idea to change the world. You may have had several ideas to change the world. But only a tiny minority of you pushed through the U.S. Patent office from application to successful patent. We've seen Texans change the world many times over. Jack Kilby did it with Texas Instruments in 1958 with the integrated circuit, causing the start of the digital revolution, which, in part, is why you can read these words over your electronic device.
Over the last few years, Texas Business has brought its feature: Texas Business Patent of the Day. This list is of the ones that were either extremely clever, odd or strange. One thing becomes apparent from these patents and the patent that runs daily in Texas Business—Texans have a unique mind set.
Though the history of the Corn Dog is disputed, the State Fair of Texas claims to have introduced the Corny Dog sometime between 1938 and 1942. As a paean to that invention that now sits in the freezer section of every grocery store in the southwest, here are the fried foods the State Fair of Texas has introduced, or tried to introduce, in the last seven years.
Don't get caught up with John Wayne religion. For one thing, he's not Texan. He's in some fine movies involving Texas, most notably The Searchers, but none of his movies can make the best cut of Texas movies. Here's the short list.
Unsung Texas Business Journalists Mention that one is a reporter, and there's a spark of interest. Mention that one is a business news reporter, and watch the eyes glaze over. Except to the players, business and economic journalists are unappreciated. While many wish to become sports reporters when they grow up, most do not realize that business journalists cover the Real Game. Mention that reporter covers business, and watch the eyes glaze over. A toast to these below on the short list and the numerous unnamed ones slogging away. Full Story » TexasBusiness.com
Best Texas Mexican Food: The Short List No, we're not going to debate the difference between Tex-Mex, Mex-Tex, Mexican and Texican food. Just know these establishments are the pinnacle of Texas Mexican fare. No brag, just fact. Full Story » TexasBusiness.com
Best Texas Burgers Texas Burgers. . While a hamburger is merely sustenance and gratification for a meal, the memory a good Texas burger can give rise to Homeric odes. The short list. Full Story » TexasBusiness.com
Texas Business reports: The Texas Attorney General’s office obtained a temporary restraining order and asset freeze that will help secure the Kennedy Ridge Water Supply Corporation’s financial resources—which were depleted after its former executive and others diverted the supply corporation’s funds into fraudulent accounts under their control.
Last week the attorney general’s office charged former Kennedy Ridge president Steve Ayala Cantu, his wife Humberta de Jesus Montes, and his sister, Vicenta Ayala Casanova, with multiple legal violations associated with their scheme to defraud Kennedy Ridge customers.
According to state investigators, the asset freeze includes a Cedar Park home and two Kennedy Ridge residences that the defendants improperly acquired in part with Kennedy Ridge funds. Under the court’s order, the defendants are prohibited from selling or transferring their stake in the residences. The court order also freezes the defendants’ bank accounts, through which passed tens of thousands of dollars at one time or another, according to bank records.
As Kennedy Ridge’s president, Cantu was responsible for purchasing wholesale water for the businesses and residents in the supply corporation’s service area in northeast Travis County. Their wholesale supplier was the Hornsby Bend water utility. According to state investigators, the defendants allegedly established fraudulent bank accounts under fictitious names that were very similar to the wholesaler’s name, such as “Horsby Bend Land Care” and “Kennedy Ridge Water Sewer Service.”
The defendants allegedly used their fake business accounts to obscure the fact that they were diverting customers’ payments from Kennedy Ridge and into accounts the defendants controlled—but that did not actually belong to Kennedy Ridge.
In February 2010, Kennedy Ridge defaulted on its payment to Hornsby Bend, the wholesale water supplier. Initially, it appeared that the default was caused by financial mismanagement or clerical errors. However, an investigation by the Attorney General’s Office revealed that the defendants used their fraudulent accounts to improperly divert Kennedy Ridge funds for the defendants’ personal financial gain. Thus, Kennedy Ridge customers were both financially defrauded and occasionally deprived of suitable drinking water.
The state’s enforcement action charges the defendants with violating the Deceptive Trade Practices Act. It also seeks refunds for Kennedy Ridge customers who suffered financially from the defendants’ unlawful scheme.
The Texas News Scrawl is a handy reference to stories Texas Business recommends from other news sources. Some of the stories that Texas Business currently suggests include: Robert Rodriguez breathes new life into an old vampire favorite; ClubCorp buys Prestonwood Country Club in Dallas and Plano; Office Depot overcharged Dallas by up to $3.6 million, city auditor finds; Texas power market monitor resigns amid unresolved reform debate; U.S. Supreme Court denies review of Farmers Branch immigration ordinance; Aggie Vanishing Act: Sale of Texas Wesleyan’s law school to A&M leaves alumni out in the cold;ExxonMobil CEO Doesn't Want a Fracking Operation Near His Backyard bDrowned bridge worker’s employer had prior OSHA violations;and more.