Good Morning! On this day in 1912, golfer Ben Hogan was born in Dublin, Texas. He won nine major championships and is one of only six men to complete the career grand slam, with victories in the Masters, the U.S. Open, and the British Open in 1953.
Emma Stone’s 10,000-square-foot Austin estate has reportedly sold for $23.5 million. Step inside the stunningly revamped historic Tarrytown property in today’s Et Cetera.
Today’s sponsor is M2i Global, presenting an investment opportunity in the U.S. minerals market.
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Texas Supreme Court Delays Ruling
The Texas Supreme Court rejected Gov. Greg Abbott’s request for a 48-hour ruling to oust House Democrats who fled the state over redistricting.
Instead, they set a three-week briefing period, giving both sides until Sept. 4 to file final responses.
The delay could push the fight past key election deadlines, complicating GOP hopes for quick passage of their mid-decade redrawing of the congressional map.
Abbott announced Tuesday he plans to continue calling special sessions, vowing no reprieve for Democrats who fled to block the GOP move that could give Republicans five new congressional seats next year.
Abbott Activates Emergency Resources
Gov. Greg Abbott activated state emergency resources this week as a major storm system threatens Texas with severe weather and flash flooding.
Rescue boats, helicopters, and road crews are on standby as the system moves into Northwest Texas before it is projected to sweep to Southeast Texas by the end of the week.
Forecasters warn the storms could bring several inches of rain, strong winds, and frequent lightning, raising the risk of dangerous flash floods.
Abbott urged Texans to monitor local forecasts, follow official guidance, and avoid driving through flooded roads.
Robb Elementary Documents Released
Uvalde County released more than 1,500 pages of documents, along with nearly seven hours of video footage, from the 2022 Robb Elementary shooting that killed 19 children and two teachers.
The release comes less than a month after a Texas appeals court sided with media organizations in a 2022 lawsuit seeking school and county records about the shooting.
Families of the victims, who also advocated for the release, say the transparency is overdue and essential for accountability.
The Texas Department of Public Safety continues to fight against similar lawsuits in a separate legal battle over releasing its records.
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What the U.S. (and Investors) Learned From Israel v. Iran
When Iran threatened to close the Strait of Hormuz, a gateway for 20% of the world’s oil, it reminded us why the U.S. keeps up to 714M barrels in the U.S. Strategic Petroleum Reserve.
As for the critical minerals we rely on for national defense and consumer electronics, the situation is far worse. For example, China controls 80% of the global lithium supply, but the U.S. has no strategic reserves of these critical minerals.
M2i Global plans to fix that. They’re shoring up the U.S.’s critical mineral supplies by rolling out a three-tiered approach – revitalizing abandoned mines, recycling reclaimed scrap metal, and forging public-private partnerships across industry, academia, and government at all levels.
The federal government is actively working with them at Nevada’s Hawthorne Army Depot to launch the first phase of a U.S. Strategic Mineral Reserve. They recently secured a $850M copper offtake agreement. It’s not hard to understand why M2i is already publicly traded.
➤ McKinney: The $40 million Lower 5 Plaza project to improve walkability downtown is in jeopardy after losing $15 million in federal funding. Officials are working to determine the most effective path forward. (See Details)
➤ Kingwood: A mysterious boom in Atascocita reportedly shook homes and caused an explosion-like sound Tuesday morning. (See Video)
➤ Austin: Police are investigating a $30,000 paintball scavenger hunt that sent a bystander to the ER, an event allegedly organized by social media live streamer Ice Poseidon. (More)
➤ Galveston: The Texas Department of Transportation plans stricter rules for medical ferry passes after allegations of abuse, with more than 8,200 passes issued for a peninsula with fewer than 2,800 residents. (See Details)
➤ Ingram: The city council approved installing three flood sirens between Ingram Dam and Riverview Road east of the dam, though costs, funding, and an installation date remain unresolved. (More)
➤ Burkburnett: City leaders approved $400,000 to buy a former school building to house the world’s largest Hot Wheels museum, aiming to revitalize downtown and attract new investment. (See Details)
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➤ Texas Rangers first baseman Jake Burger, who entered Monday night’s game as a pinch hitter, completed the Rangers’ five-run comeback against the Arizona Diamondbacks with this walk-off single in extra innings. (Watch Video)
➤ Houston Texans quarterback CJ Stroud was ranked as the 39th-best player in the league on the NFL Top 100, which is voted on by other NFL players. (More)
➤ Former Houston Astros third baseman Alex Bregman hit a home run in his first at-bat in his first game against the Astros on Monday, but the Astros beat the Red Sox 7-6. (Watch Video)
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➤ Dallas-Fort Worth real estate investment surged in early 2025, with development site deals up 680%, signaling renewed confidence after years of high interest rates and pandemic-era overbuilding. (See Details)
➤ Fourteen Panera Bread locations in the Houston area have closed due to franchisee EYM Cafe filing for bankruptcy amid a lawsuit from Panera over alleged contract breaches, unpaid debts, and unauthorized operations. (More)
➤ Airbus A380 flights between Sydney and DFW have returned after five years, with Qantas now operating the world’s second-longest nonstop superjumbo route. (More)
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The Government-Backed Minerals Stock Hiding in Plain Sight
The U.S. has set aside billions to secure the minerals that power EVs, missile defense systems, and grid-scale storage batteries.
But while most companies are years from breaking ground and bolstering supply, one is already working with federal officials to produce real results. No wonder they’re publicly traded.
Meet M2i Global ($MTWO). Combining abandoned mine revitalization, recycled metals, and public-private partnerships, they’ve become an authority on U.S. minerals.
Their Nevada facility is on track to generate $8.3M by 2027, they’re working with the federal government to launch the nation’s first Strategic Mineral Reserve, they recently secured a $850M copper offtake deal, and just completed a reversed takeover that will allow for a NYSE uplisting.
This is a paid advertisement for M2i’s Regulation A offering. Please read the offering circular at https://invest.m2i.global/
➤ Drone food delivery is now available in Frisco, Fort Worth, and Plano, serving Auntie Anne’s, Schlotzsky’s, and more to customers within 4 miles of participating restaurants. (See Details)
➤ Dallas restaurant Tatsu is battling eight other contenders to be named America’s Best Restroom. Vote by Aug. 15. (Vote Here)
➤ Emma Stone’s 10,000 square-foot estate in Austin’s Tarrytown neighborhood has reportedly sold for $23.5 million, four years after the actress and her husband purchased and renovated the historic property. (See Photos)
➤Akitten rescued from deep inside a car engine by Waco mechanics has since been named Fortuna and, after recovering with a foster family, will soon be ready for her forever home. (See Photo)
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Texas Supreme Court Delays Ruling
