ADVERTISEMENT 2
ADVERTISEMENT 3
Error: No articles to display
ADVERTISEMENT 1
ADVERTISEMENT 4
Michael Phelps will be keeping up with two sets of times this week.
One in Texas, the other from halfway around the world.
When the U.S. championships begin Thursday in San Antonio, Phelps will be the star attraction. He'd rather be somewhere else — the world championships in Kazan, Russia.
The winningest athlete in Olympic history wound up at nationals as part of his punishment for a second drunken driving arrest.
Now, Phelps is eager to see what kind of times he can post in San Antonio, saying he "has not been in this kind of shape in a long, long time. Maybe not ever." He's scheduled to swim in four events: the 100- and 200-meter butterfly, the 200 individual medley, and the 200 breaststroke.
MARBLE FALLS, Texas (AP) —
A $100 million hospital has opened in Central Texas and marks a rare instance when a hospital has opened its doors in a more rural area of the state rather than in a city.
Baylor Scott & White Medical Center in Marble Falls, about an hour northwest of Austin, is a 46-bed hospital that's seeing its first patients this week.
Baylor Scott & White Hill Country Region President Eric Looper says Burnet County historically has been a rural region but it's seeing steady growth that's drawing many retirees and others.
Don McBeath with the Texas Organization of Rural and Community Hospitals says it's unusual for a hospital to open in a rural setting.
He says that since 2013 10 rural hospitals have closed in Texas while three others cut back to offer only emergency care.
HOUSTON (AP) —
A Houston-area businessman charged by the Securities and Exchange Commission with defrauding investors of $114 million through a Ponzi scheme has agreed to return allegedly ill-gotten gains with interest.
The SEC's case filed in federal court Monday charges Frederick Alan Voight with defrauding more than 300 investors in multiple offerings of promissory notes issued by two partnerships he owns.
The complaint alleges that while Voight's latest offering promised investors returns as high as 42 percent a year from loans to small public companies, most of the funds went to pay earlier investors.
Without addressing the allegations, Voight agreed to settle the SEC's complaint by consenting to permanent injunctions against committing these violations in the future. He also agreed to asset freezes and to pay civil penalties.