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Tuesday, October 15, 2024

Good morning! On this day in 1853, the first Sängerfest, or singers' festival, began in New Braunfels. While the festival has evolved into an annual celebration of local culture, most of the initial participants were male a capella groups of German ancestry.

Texas ranks 7th in a list of states with the most stressed workers. If you're one of them, check out our Et Cetera section to learn about the Texas beers that received awards at this year's Great American Beer Festival.

Check out this investment opportunity in the energy sector with today's sponsor, Frontieras.

Proxy Fight Set for Southwest Airlines

Elliott Investment Management, the hedge fund that owns 11% of Dallas-based Southwest Airlines common stock, called for a special shareholder meeting in December to vote on replacing eight Southwest board directors.

The group is seeking the ouster of Southwest CEO Bob Jordan and pushing the airline to increase profitability by ending long-standing practices such as open seating. It’s the private equity firm’s first proxy fight since 2017.

“Absent a thorough reconstitution of its Board, the story of Southwest will remain one of empty promises and unfulfilled potential,” hedge fund officials said.

Venezuelan Gang Member Arrested

A member of the Venezuelan gang Tren de Aragua, 32-year-old Jorgenys Robertson Cova, has been arrested in Houston for theft and is suspected of attempting to recruit middle school students for a shoplifting ring.

Cova crossed the border illegally in 2022 and has been charged with multiple burglaries in Texas and Arizona. Officials say he targeted vulnerable teens because they face fewer legal consequences when caught.

The allegations against Cova add to the growing list of criminal activity associated with the violent Venezuelan gang.

Texas Ranked 7th in Most Stressed Workers

Texas ranks near the top of a list of states with the most stressed workers, coming in 7th, according to a study by personal injury firm Premier Law Group.

The study used data from the U.S. Bureau of Labor Statistics and the Census Bureau to compute a “stress score” for each state based on average hourly earnings, working hours, injury rates, commute times, and opportunities to work remotely.

Texas scored 58.5, behind first-place Louisiana, which received a score of 73.8. West Virginia, Mississippi, Kentucky, Nevada, and Arkansas also scored higher than Texas.

Meanwhile, Minnesota ranks as the state with the least stressed workers, with a score of 32.6.

The Flyover is just like The Texas Flyover, except it covers news from all fifty states. Sign up with one click!

Most people were fooled into thinking coal plants are a relic of the past: they’re missing a multi-billion-dollar investment opportunity rocking the energy space.

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$212B fertilizer market
$147B metallurgical coal

➤ Dallas: Republican U.S. Sen. Ted Cruz and his opponent, Democratic Congressman Collin Allred of Richardson, square off tonight at 7 p.m. in the first and only debate of the hotly contested race. (See Details)

➤ Houston: A fire destroyed approximately 30 cars in an apartment complex parking garage Monday morning. No one was injured, and investigators are looking for signs of arson. (See Photos)

➤ Odessa: A 36-year-old woman was arrested for stealing a hotel guest’s Apple AirPods, hair styling products, and $300 cash after being given the wrong room key. (See Details)

➤ Grapevine: A fire damaged or destroyed 10 boats at a marina on Lake Grapevine Sunday, prompting a response from multiple local fire departments. Officials said the blaze could have been sparked by an electrical short or a fuel leak on one of the boats. (Watch Video)

➤ Harris County: A whistleblower expressed concerns about elevated iron levels in the water at the county jail, where at least two of four tanks are thoroughly rusted and have been leaking. (See Photo)

➤ El Paso: The Amigo Airsho returned to Briggs Army Airfield at Fort Bliss Saturday after a 12-year hiatus, delighting thousands who gathered to see the aerial spectacle. (See Photos)

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➤ The Dallas Stars got their third win of the new NHL season on Sunday, beating the Seattle Kraken 2-0. After going 5-1 in the preseason, they are undefeated in the regular season, which began last week. (More)

➤ The San Antonio Spurs have waived center Nathan Mensah to get their roster down to 20 players. The Spurs still have to make two more cuts before the start of the NBA season. (More)

➤ The Dallas Cowboys' brutal 47-9 loss to the Detroit Lions on Sunday was their worst home loss since Jerry Jones bought the team in 1989. (More)

➤ Yesterday’s Results: NFL | MLB | NBA | NHL

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➤ Work began on a 161,000-square-foot mixed-use development in northeast Dallas on Monday. The project will feature retail, restaurants, and office space and is slated for a fall 2026 completion date. (More)

➤ Chuy’s has moved its corporate headquarters from Austin to Orlando following its $605 million acquisition by Darden Restaurants. (More)

➤ Irving-based 7-Eleven is shutting down 444 stores due to pressure from inflation and lower sales, particularly of cigarettes. The company has not indicated which locations would be closed. (See Details)

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➤ A once-in-a-lifetime comet is on close approach to Earth this week and can be seen by looking west towards the horizon just after dusk. The comet will be visible under clear skies through October 18. (See Photos)

➤ Texas beers took home ten medals at the 38th Great American Beer Festival in Denver this weekend. The Belgian-style abbey ale LMM Drubbel II, from the Lone Man Mountain Brewing Co. in Driftwood, won a gold. (More)

➤ An historic 886-acre Hill Country property called “3 Creeks Ranch,” with structures dating back to 1858, went on sale this week for $42.5 million. (More)

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