Thursday is a Weather Alert Day. Isolated severe storms are expected. A few could produce damaging winds or hail. The threat time is 12 p.m. until 8 p.m. Stay with News 12 and the Weather Authority for the latest.
03-12-07 A recently released report by state regulators could complicate another of KKR's deals, the 32 Billion dollar acquisition of TXU.
The report says TXU manipulated the Texas electric market in 2005, inflating electricity prices, and boosting company profits by 20 Million dollars at customer expense.
A TXU spokeswoman says it followed Public Utility Commission rules.
The PUC will decide the penalty.