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: Houston—Jon August Holverson, the owner of Bayou City Properties, and his brother, Jeffrey Holverson, have been indicted for conspiring to obtain approximately $1 million in disaster relief funds by fraudulent means and for making false statements in connection with a benefit authorized pursuant to a presidentially declared disaster declaration, United States Attorney José Angel Moreno, announced today along with Small Business Administration Office of the Inspector General (SBA-OIG) Special Agent in Charge Scott Dennis and Department of Homeland Security Office of Inspector General (DHS-OIG) Houston Special Agent in Charge Ronald Moore.
The three-count indictment was returned by a Houston grand jury last week.
A grand jury indictment is not evidence of guilt. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.
Jon August Holverson was taken into federal custody following his surrender to the United States Marshals Service Monday while Jeffrey Holverson surrendered Tuesday. After appearing before U.S. Magistrate Judge George C. Hanks Jr. today, both have been ordered released on bond pending trial.
The three-count indictment accuses the brothers of conspiring to commit disaster fraud between Sept. 26, 2008, and Feb. 16, 2011.
According to allegations in the indictment, Jon Holverson filed an application for a SBA commercial disaster loan in the aftermath of Hurricane Ike, requesting more than $1 million.
In order to get the SBA to disburse the loan funds, Jon Holverson allegedly submitted more than $600,000 in false invoices and cancelled checks purporting to show payments to his brother’s company, Quality Construction.
When he was contacted by representatives of the SBA, the indictment alleges Jeffrey Holverson falsely affirmed he had performed the work and been paid the money.
Conspiracy carries a maximum penalty of five years imprisonment and a fine of up to $250,000 upon conviction. Each of the two counts of disaster fraud charged carries a maximum penalty of 30 years imprisonment and a fine of up to $250,000 upon conviction.
The investigation leading to the charges was conducted by special agents of the SBA-OIG and DHS–OIG. Assistant U.S. Attorney F. Andino Reynal is prosecuting the case.
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: 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; Gates-led power-unit bankruptcy may revive Texas electric debate;Baylor will return 5,000 unsold Fiesta Bowl tickets; and more.