News from the South - Texas News Feed
Houston Housing Authority AC project costs surge to $5.4 million amid investigation
SUMMARY: KPRC2’s Amy Davis investigates the Houston Housing Authority’s over-budget project to install 1,615 window AC units for $2.3 million, which ultimately cost taxpayers over $5.4 million. The Housing Authority initially aimed to support small, minority, and women-owned businesses through 22 contracts. However, concerns arose over contracts awarded to companies like Elite Project Managers, where project manager Lam Manre Woods, who started his business shortly before, received $1.3 million for emergency contract work. The investigation exposes payments for non-work, totaling over $128,000, raising questions about accountability and financial oversight in public contracts. More findings will be revealed tomorrow.
KPRC 2 Investigates uncovers how the Houston Housing Authority’s AC installation project ballooned from $2.3 million to $5.4 million. The investigation highlights questionable contracts, unexpected payments, and concerns about public fund management.
News from the South - Texas News Feed
How can Houston residents make more money from the money they’ve got?
SUMMARY: This morning’s discussion focused on maximizing earnings from existing money by transferring funds from traditional bank savings accounts—often offering minimal interest—to high-yield online savings accounts. Debbie and George, U.S. Army veterans, learned from their son about the potential to earn significantly more with online banks like Synchrony, which offers around 4.5% interest compared to traditional banks’ negligible rates. Financial expert Ted Rossman highlighted that top online savings accounts currently offer rates up to 5%. For example, a $110,000 deposit could yield $500 in a year at 5%, versus just $1 with 0.01% from traditional banks.
KPRC 2’s Bill Spencer is looking into why you might consider moving your money to a bank that will give you back money from interest.
News from the South - Texas News Feed
Murder arrest warrant provides more clues into whereabouts of Brad Simpson
SUMMARY: The search for Suzanne Simpson continues as new details emerge about her husband, Brad Simpson, following an unsealed murder arrest warrant. Investigators detailed an argument between the couple on October 6, leading to Suzanne’s alarming call to her mother about Brad hurting her. Evidence includes a neighbor witnessing a physical altercation and hearing screams. Brad’s phone activity raises suspicions, as he disabled Suzanne’s phone and turned off his own at critical times. Surveillance footage shows him buying unusual items and disposing of trash bags. Brad was arrested on October 9 and faces serious charges, although he maintains innocence.
The warrant that led to the arrest of Brad Simpson provides key points investigators used to arrest and charge Brad Simpson in connection with the murder of his missing wife.
News from the South - Texas News Feed
President-elect Donald Trump names new members of administration as he meets with President Biden
SUMMARY: Senator John Thune of South Dakota has been elected as the new Senate Republican majority leader, defeating Texas Senator John Cornyn in a secret ballot, with the position vacant for nearly 20 years as Mitch McConnell steps down. Thune will officially take his role on January 3rd. In a significant meeting, President-elect Donald Trump met with President Biden to discuss the transition, announcing key administration appointments, including Marco Rubio as Secretary of State and Matt Gaetz as Attorney General. Trump has urged swift Senate confirmations for his picks while also introducing Elon Musk to lead a new commission on government efficiency.
President-elect Donald Trump returned to Washington to talk with President Joe Biden about the transition of power.
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