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TODAYS TOP STORIES
Former Chesapeake CEO Under Investigation
PHOTO COURTESY: REUTERS
Former Chesapeake Chief Executive Officer Aubry McClendon is under investigation.
According to Reuters, Chesapeake Energy Corp said the US. Securities and Exchange Commission is investigating the company and Chief Executive Aubrey McClendon.
They also say the SEC had issued subpoenas for information and testimony.
The company said on Friday it was advised by the SEC in December of the investigation. They are looking into a controversial program that grants McClendon a stake of up to 2.5 percent in every well that Chesapeake Drills.
The board has since said the program would end in June 2014.
McClendon has already announced plans to step down on April 1, 2013.
Posted: Friday, March 1 2013, 08:56 AM CST
IN OKLAHOMA NEWS
Seniors say they'll stay in tornado-ravaged town
May 25, 2013 14:46 GMT
OKLAHOMA CITY (AP) -- Graduating high schoolers say they don't want to move away from Moore after a tornado devastated a section of their town.
Westmoore High School Senior Alex Davis says staying close is a way to show "that a disaster can't beat us."
And senior Cameron Knight says if he had a choice to live anywhere in the country, he'd still pick his hometown.
Westmoore was the first of three schools to hold commencement ceremonies Saturday at the Cox Convention Center in downtown Oklahoma City
The Oklahoma City suburb was hit by a strong tornado Monday; 24 people died and hundreds were injured.
The Moore School District canceled its school year after the tornado hit the Plaza Towers and Briarwood elementary schools, but wants graduation ceremonies to go on.
OKLAHOMA HEADLINES
Seniors say they'll stay in tornado-ravaged town
Obama says nation must do more for fallen heroes
Graduations slated for tornado-ravaged Okla. town
Teen in devastated Okla. town handing out hugs
Major accomplishments of 2013 Oklahoma Legislature
Okla. Legislature tries to leave one week early
Judge OKs stay in hearing over 4 Tulsa deaths
Okla. governor signs abortion bill, 20 other bills
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OKLAHOMA WEATHER
73°
From the FOX 25 First Forecast Center..
The holiday weekend is here...Expect variable clouds with scattered showers and t'storms for your Saturday. ...
Business News
US durable goods orders rise 3.3 percent in April
WASHINGTON (AP) -- U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for military and civilian aircraft and an increase in business investment.
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NEW YORK (AP) -- When the Dow first crossed 14,000, investors were overjoyed. ...
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SCOTTSDALE, Ariz. (AP) -- It isn't exactly to curry favor with your restaurant customers -- even if your specialty isn't curry.
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EAST HAMPTON, N.Y. (AP) -- Dr.
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