Paxton Leads Suit Against Money Managers

Texas Attorney General Ken Paxton is leading a coalition of 11 Republican-led states in suing BlackRock, Vanguard, and State Street, accusing them of violating antitrust laws by influencing coal companies to reduce production, leading to higher energy prices.

The federal lawsuit alleges that the country’s three largest money managers used their investments and participation in environmental initiatives to pressure coal companies to reduce output by more than half by 2030. The states are asking the court to bar the firms from continuing market manipulation.

“Texas will not tolerate the illegal weaponization of the financial industry in service of a destructive, politicized environmental agenda,” Paxton said.

Study: Organized Retail Theft on the Rise

A newly released study from the Texas Comptroller’s office highlights the rise of organized retail theft in the state, which is estimated to exceed $463 million in lost sales and tax revenue every year.

A recently created task force has recommended creating a statewide reporting system to share crime data and track offenders across cities, enabling better coordination among law enforcement.

Proposed changes include revising laws requiring stores to wait 10 days to report thefts and implementing store walk-through programs to identify vulnerabilities.

“Are we going to completely eliminate it tomorrow? No. Are we going to significantly reduce it? Yes,” State Comptroller Glenn Hegar said.

Pecan Pie Is King In Texas

Pumpkin pie is the iconic Thanksgiving dessert, but another pie is more popular in Texas and several other Southern states. You guessed it: pecan pie.

According to a 2018 survey by GE Appliances, pecan pie is the dessert of choice in Texas, Arkansas, Louisiana, and Oklahoma. Apart from folks in the Northeast, who prefer apple pie after their Thanksgiving meal, most of the rest of the country goes for pumpkin pie.

Texas is one of the country’s leading producers of pecans, with an output of 31 million pounds in 2023. Extreme weather in recent years has hampered production, which has reached as high as 60-70 million pounds in the past.

Dear Texas Flyover Reader,

Happy Thanksgiving!

I hope your day is filled with family, food, and football—and I hope you take a little time to consider the blessings we enjoy in this great land.

Today, I’m thankful for turkey (the white meat, of course), my two children (even when they act like turkeys; ever had a bow and arrow fired at your head during a Zoom call?), and for the freedom to enjoy it all.

Here’s another one of mine: The demand in America for biased, elitist news media is dropping. MSNBC’s audience is down 39% since October, and Comcast has announced plans to spin the network off into a new company. (The new entity will be named…SpinCo. These things really do write themselves. )

It’s a bright sign for America’s future that folks are ditching the propaganda factories, and I want as many of those people as possible to join our movement for reliable news.

Here’s another thing I’m thankful for: Over 250,000 of you have  already joined The Texas Flyover , and you’ve been telling your friends about us! I’m grateful for each of you.

Today, if The Texas Flyover is on your list of things to be thankful for, would you help me with a donation? Your direct support is the best way to help us cover our costs, and it would mean a lot to me.

Whether or not you can donate, I’m thankful for your support!

I hope you have a fantastic Thanksgiving.
-Cole, CEO

➤ Mark Swidan, a former Houston resident jailed in China for 12 years on a drug charge, was released and is returning to the United States with two other American detainees. (More)

➤ Starr County: Texas General Land Commissioner Dawn Buckingham visited the site of a planned 1.5-mile border wall on a portion of the state’s newly acquired 1,402-acre ranch. Buckingham has offered the site to the incoming Trump administration as a staging area for deportations. (See Photos)

➤ Lubbock: Xcel Energy will begin using AI-equipped cameras to detect wildfires and alert first responders. The Smokehouse Creek Fire, which burned more than a million acres in the Panhandle earlier this year, was caused by power lines that fell when a utility pole broke. (More)

➤ Austin: Texas Attorney General Ken Paxton has asked a judge to shut down the Sunrise Homeless Navigation Center, alleging it is a “magnet” for drug and criminal activity. (See Details)

➤ White Settlement: Police detained a man found with three firearms and two explosive devices in a van early Tuesday morning. Although the suspect’s motives are unknown, a neighbor said, “If you have that kind of stuff on you, you’re planning something.” (More)

➤ College Station: An apartment complex built years ago has been reclassified as student housing, meaning residents—which include business professionals, families, and elderly residents—must go to the post office to retrieve their mail. (See Details)

Enjoy reading The Texas Flyover? Click here to share with your friends and family.

➤ The Dallas Cowboys have been playing on Thanksgiving since 1966. This year, they face off against the Giants. (More)

➤ The Houston Rockets clinched the NBA Cup Western Conference Group A by winning their third straight NBA Cup game, defeating the Minnesota Timberwolves 117-111. Meanwhile, the San Antonio Spurs kept their Cup hopes alive with a 128-115 win over the Utah Jazz. (More)

➤ The Dallas Stars dropped to 13-7 on the hockey season after blowing a 3-1 lead over the Carolina Hurricanes. (More)

➤ Yesterday’s Results: CFP | NBA | NHL | NCAAM | NCAAW

Flying together with our sponsor

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➤ Austin’s office vacancy rate of 16.8% is among the highest in the country. With 4.4 million square feet of office space currently under construction, it could go even higher. (See Details)

➤ According to reports, up to 60% of construction workers are illegal immigrants. There are over 1.6 million illegal immigrants in Texas. (More)

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Our sponsors are fantastic, but we still rely on the direct support of our readers.

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Thank you!
Cole, CEO

➤ While performing an ultrasound at the West Texas Medical Center in Denver City last week, Texas Tech alum Dr. Scott Frankfather was thrilled to see a baby in utero make the “Guns Up” salute. (See Photo)

➤ Houston is among the top 20 cities in the country for residents requesting emergency plumbing services the day after Thanksgiving, known in the industry as “Brown Friday.” To avoid this situation in your home, Yelp recommends throwing food scraps in the trash, not down the sink. (More)

➤ Pete Schenkel, a Dallas businessman and philanthropist remembered for his role in preserving the Cotton Bowl as the site of the annual contest between UT and OU, died yesterday at the age of 89 at his home in Highland Park. (More)

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Is pecan pie your favorite Thanksgiving dessert?

1. Yes
2. No

Yesterday’s Results:

Should raw milk be sold in grocery stores?

1. Yes: 56.6%
2. No: 43.4%

What Texan was the U.S. Army’s chief combat historian during World War II and the Korean War?

Show me the answer