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Fort Worth's TPG takes controlling interest in Hollywood, sports powerhouse

A Fort Worth firm has gone Hollywood.

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Downtown Fort Worth TIF reaches parking agreement with four garages

The TIF board will meet Oct. 29 to consider the agreements.

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Oil price drop goes unnoticed in Texas' Eagle Ford shale

CUERO, Texas — From her vantage point of the U.S. shale oil boom, Jill Potts doesn't see anything to worry about.

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Renovated Daniel-Meyer to put TCU basketball in the spotlight

You might say the Texas Christian University men’s basketball team was the sacrificial lamb in the university’s football-motivated move from the Mountain West Conference to the Big 12 Conference. The rising

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E-Mist finds focus: Ebola gives infection control start-up its moment in spotlight

In the space of 72 hours, George Robertson found his company’s products on the cover of The New York Times and himself on CNN and WFAA, along with innumerable mentions in various media around the world.

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BP claims administrator names interim CEO

NEW ORLEANS (AP) — A former FBI supervisor has been named interim CEO of the multibillion-dollar settlement program for compensating victims of BP's 2010 oil spill in the Gulf of Mexico.

Court-appointed claims administrator Patrick Juneau announced Monday that David Welker will replace David Odom, who resigned last week.

Welker was the special agent in charge of the FBI's New Orleans office before becoming Juneau's security head in June 2012.

Odom and the program's chief operating officer, Kirk Fisher, resigned last week amid conflict-of-interest allegations. Former FBI director Louis Freeh, who is leading an independent probe of the settlement program's operations, said in a September report that Odom and Fisher formed a company to work on unrelated litigation under the supervision of a firm that is a contractor for the BP settlement program.

In a statement Sunday, Juneau said Odom and Fisher were leaving to pursue "other business opportunities." Juneau refused to comment on BP's allegation that the resignations follow reports that the men entertained subordinates at a strip club that was paid $550,000 for its settlement claim. BP made that allegation in an advertisement that ran Monday in three major newspapers.

Juneau said Welker "brings a wealth of program experience" to his new job.

"His integrity, work ethic and credentials are simply beyond reproach," Juneau said in a statement.

The search for a permanent CEO will start immediately, the statement said.

 

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