Baylor News
A fourth Texas high-tech startup that received taxpayer dollars through Gov. Rick Perry’s signature economic development fund has filed for bankruptcy in the $194 million portfolio’s biggest bust yet.
The collapse of bioenergy producer Terrabon Inc., which was awarded $2.75 million in 2010 and was backed by large Perry political donors, raises questions about whether the state’s Emerging Technology Fund launched in 2006 could now be worth less than what taxpayers have put into it.
Journalist and nationally recognized author Carlton Stowers spoke Tuesday to several Baylor classes, offering writing advice from his own experiences.
The event was in conjunction with One Book, One Waco, a program of the Greater Waco Chamber of Commerce in which a new book is selected each year that community members will read simultaneously.
“One Book, One Waco is a community literacy program that started at Baylor that [the Waco] Chamber took over in 2008,” said Alexis Weaver, director of community development for the chamber.
A paid informant for the New York Police Department’s intelligence unit was under orders to “bait” Muslims into saying inflammatory things as he lived a double life, snapping pictures inside mosques and collecting the names of innocent people attending study groups on Islam, he told The Associated Press.
Four top Italian disaster experts quit their posts Tuesday, saying the manslaughter convictions of former colleagues for failing to adequately warn of a deadly 2009 earthquake means they can’t effectively perform their duties.
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Texas voters turned out in historic numbers Tuesday, delivering victories for State Rep. James Talarico and forcing a runoff between Attorney General Ken Paxton and incumbent Sen. John Cornyn in the state’s U.S. Senate contest that claimed national attention. The total early-voting turnout of more than 2.5 million marks the highest ever for a midterm primary election. The results also kicked off the 2026 midterm cycle.
INTERNATIONAL
The Iran war is now in its 46th day. Iran responded by restricting access to Hormuz, which carries about a fifth of the world’s seaborne oil, and moving to toll vessels transiting the strait. Waco drivers are already feeling it. The local average hit $3.38 a gallon last week, up 21 cents in seven days and 75 cents year-over-year, according to AAA data.
Gas prices in Texas have surged more than 70 cents per gallon since the U.S. went to war with Iran three weeks ago. The near-total shutdown of the Strait of Hormuz has driven oil prices up more than 40%, pushing the national average to its highest point since 2023 and sending diesel past $5 for the first time in three years.
The largest U.S. military operation in the Middle East in decades unfolded as American and Israeli forces struck Iran Saturday, killing its supreme leader and triggering retaliatory strikes from the Gulf to Israel. The White House said the campaign is aimed at dismantling Iran’s military and toppling its government.
Dr. Joshua Alley, assistant professor of political science, said part of the Trump administration’s interest in Greenland has to do with America’s national security strategy.
