Promoters routinely hype the economic impact of sports events to get public subsidies. But in Texas, no one follows up to see if the promised revenues materialize.
Oil production is among the most heavily subsidized businesses, with tax breaks available at virtually every stage of the exploration and extraction process.
AP - Gen. David Petraeus formally assumed command of the 130,000-strong international force in Afghanistan on Sunday, declaring "we are in this to win" despite rising casualties and growing skepticism about the nearly 9-year-old war.
AP - The two Iraqi leaders vying to become the nation's next prime minister will get personal pleas Sunday from Vice President Joe Biden to end their rivalry that has delayed the seating of a new government as American troops head home.
AP - On America's Independence Day, U.S. Secretary of State Hillary Rodham Clinton is challenging what she calls a global crackdown on human rights, lamenting a "steel vise" squeezing the life out social activism.
ABC's Mike Gudgell tells the first-person story of Sgt. James Hunter, a U.S. Army public affairs officer, the first army journalist to be killed in the fighting in Afghanistan. He was killed by an IED left by Taliban forces, and he was Gudgell's friend.
Gen. David Petraeus formally took charge of NATO's International Security Assistance Force during a ceremony Sunday at the command's headquarters in Kabul.
A ship billed as the world's largest skimming vessel has begun testing its effectiveness in the Gulf of Mexico, a spokesman for its owner, TMT Shipping, said Saturday.
A Colorado company is recalling about 66,000 pounds of ground and tenderized steak bison meat that may be contaminated with a potentially deadly strain of E. coli, according to the U.S. Department of Agriculture's Food Safety and Inspection Service.