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Moves by Jeb Bush add to talk of 2016 candidacy

WASHINGTON — Jeb Bush's decision to release a policy-laden e-book and all his emails from his time as governor of Florida has further stoked expectations among his allies that he will launch a presidential bid.

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Ebby Halliday acquires Fort Worth’s Williams Trew

Williams Trew Real Estate of Fort Worth has been acquired by Dallas-based residential real estate brokerage Ebby Halliday Real Estate Inc.

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Taking the Cake: Sundance had pursued Cheesecake Factory for many years

The Cheesecake Factory had been on the white board over at Sundance Square management for some time

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Fort Worth businessman to lead Abbott, Patrick inauguration efforts

Fort Worth businessman Ardon Moore will chair the committee running inauguration festivities for Gov.-elect Greg Abbott and Lt. Gov.-elect Dan Patrick in January, it was announced on Friday.   Moore, president of Lee M. Bass Inc. in Fort Worth, is a vice chairman of the University of Texas Investment

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Meridian Bank Texas parent acquired by UMB Financial for $182.5M

Kansas City, Mo.-based UMB Financial Corp., the parent company of UMB Bank, said Dec. 15 it has signed a definitive agreement to acquire Marquette Financial Companies in an all-stock transaction.

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Indictment issued in Texas cancer agency scandal

 

PAUL J. WEBER, Associated Press


AUSTIN, Texas (AP) — A former top executive of Texas' $3 billion cancer-fighting effort has been indicted over an improperly awarded $11 million taxpayer-funded grant that plunged the state agency into turmoil, prosecutors said Friday.

The criminal charge is the first following a yearlong criminal investigation into the Cancer Prevention and Research Institute of Texas. The indictment announced by the Travis County district attorney alleges that Jerald "Jerry" Cobbs secured the execution of a document by deception.

A grand jury in Austin found that Cobbs, 62, committed a first-degree felony when he submitted a funding proposal from Dallas-based Peloton Therapeutics for approval before the company's application underwent required scrutiny, according to the indictment.

Prosecutors said no charges were considered against Peloton.

"The evidence indicated that they were unaware their grant had bypassed the required review committees," Travis County District Attorney Rosemary Lehmnberg said.

Gregg Cox, who led the investigation and handles public corruption cases involving state officials, said he could not comment on a possible motive.

Prosecutors said their investigation into the once-celebrated state agency, known as CPRIT, is now finished and that no one else would face charges.

Cobbs faces five to 99 years in prison if convicted. Cox said Cobbs turned himself in Friday morning and was released on an $85,000 bond.

Attempts to reach Cobbs or an attorney were not immediately successful Friday.

Launched with national acclaim in 2009, CPRIT became an embarrassment following the revelation of the Peloton grant and the resignation of top scientists around the country, some of whom accused the agency of "hucksterism" and putting business ahead of science.

Two former Nobel laureates were among those who stepped down from the agency. CPRIT controls the nation's second-largest pot of cancer funding behind only the federal National Institutes of Health, but that funding was frozen for nearly a year while prosecutors and dug into the agency's widespread missteps.

The Texas Legislature revamped the agency this summer and installed an entirely new governing board.

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Did the College Football Playoff Committee get it right?