By KERA News & Wire Services
Dallas, TX – A federal bankruptcy judge has decided that the Texas Rangers will be auctioned off after all.
U.S. Bankruptcy Judge D. Michael Lynn set the date for Aug. 4.
Major League Baseball endorsed its preferred buyer - a group led by team president and Hall of Fame pitcher Nolan Ryan and Pittsburgh sports attorney Chuck Greenberg - months ago.
Angry creditors have argued that the Greenberg-Ryan bid was not the highest and the judge decided an auction was the best way to proceed.
Perry urges business tax credit to help dropouts
Gov. Rick Perry is urging Texas employers to help high school dropouts finish school.
He proposed a business tax credit Tuesday that would reward businesses who grant employees two hours a week of paid time off to return to school or study for the GED. Employers would be eligible for a $1,500 credit on their sales taxes for each student who obtains a diploma or GED.
Perry, who is running for re-election to an unprecedented third term, has been sharply criticized for Texas' high dropout rate.
The proposal requires action by the Legislature, which isn't scheduled to meet until January. Perry estimates the proposal would cost the state $15 million per year.
4-time Texas lotto winner rich with money, mystery
A former college professor has hit a fourth Texas Lottery jackpot in the face of astronomical odds.
Joan Ginther won $10 million on scratch-off ticket bought in the rural town of Bishop last month. That brings her lifetime Texas lottery winnings to nearly $21 million since 1993.
The 63-year-old Ginther has won at least $2 million on each of her winning tickets. A Texas Lottery Commission spokesman says the agency hasn't seen a repeat winner on this scale.
Not that Ginther didn't know the long odds stacked against her. Before becoming a multimillionaire, Ginther worked in California as a professor - teaching math.
Despite being a celebrity in Bishop, few know much about her. She now lives in Las Vegas and friends say she wants her privacy.