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Capital One to Buy Discover for $35 Billion in Deal That Combines Major Us Credit Card Companies

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www.wbap.com – – 2024-02-20 00:24:57

SUMMARY: Capital One Financial is acquiring Discover Financial Services for $35 billion, combining two of the nation’s largest lenders and credit card issuers. Discover shareholders will receive Capital One shares valued at nearly $140. Both banks have seen increased credit card usage by Americans but have also needed to set aside more money to guard against defaults. Virginia-based Capital One was the 12th largest U.S. bank while Illinois-based Discover was the 33rd biggest. This deal signifies a major consolidation in the financial services industry.

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The post Capital One to Buy Discover for $35 Billion in Deal That Combines Major Us Credit Card Companies appeared first on www.wbap.com

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North Galveston jetty crash: 3 hospitalized, 2 missing, family fears Beryl’s impact on Coast Guard search

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abc13.com – KTRK – 2024-07-06 14:27:02

SUMMARY: Two individuals are missing after a boat collided with a jetty in North , Texas. The U.S. Coast Guard reported the incident occurred at 9:30 p.m. on Friday, involving five adults. By Saturday morning, three adults had been rescued and taken to the hospital, though their conditions remain unknown. The search for the two missing individuals is ongoing, but family members are concerned that approaching weather, specifically Beryl, could impede the search efforts. The situation's outcome heavily depends on weather conditions as the storm nears Texas' coast.

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The post North Galveston jetty crash: 3 hospitalized, 2 missing, family fears Beryl's impact on Coast Guard search appeared first on abc13.com

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Texas News

Flies in Texas: Are there more right now and why?

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www.kxan.com – Russell Falcon – 2024-07-06 12:54:41

SUMMARY: In Texas, residents have observed an unusual rise in fly populations, particularly exacerbated in recent years. The phenomenon, discussed by Central Texans on Reddit, aligns with insights from Texas AgriLife Entomologist Wizzie Brown. She explains that the state's warm climate supports year-round fly activity, with heat accelerating their life cycle, leading to rapid population growth. Climate change is likely worsening the issue, as higher temperatures benefit flies and expand their habitable areas. To manage the infestation, Brown suggests regular trash removal, using outdoor garbage bins, and cleaning these bins with dish soap to eliminate fly-attracting odors.

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The post Flies in Texas: Are there more right now and why? appeared first on www.kxan.com

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Suspect arrested after 10-year-old boy was hit and killed riding bike in northwest Harris County on July 4th, authorities say

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abc13.com – KTRK – 2024-07-06 12:00:52

SUMMARY: A driver, 36-year-old Alex Tuan Vuong, has been arrested and charged with failure to stop and render aid after allegedly hitting and killing 10-year-old Mohammad Khel on July 4th in Harris County, Texas. Mohammad was struck by a dark SUV while riding his bicycle in the Grand Oaks subdivision. Vuong is currently held in the Harris County jail. Investigators reported that after running a stop sign and hitting Mohammad, the driver continued for nearly a mile with the boy’s bike wedged underneath, before stopping to remove it at Greenhouse and Kieth Harrow.

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The post Suspect arrested after 10-year-old boy was hit and killed riding bike in northwest Harris County on July 4th, authorities say appeared first on abc13.com

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