A FLASH FLOOD WATCH is in effect for Milam, Robertson, Leon Counties until 9pm Monday, for Austin, Brazos, Burleson, Grimes, Houston, Madison, Montgomery,San Jacinto, Trinity, Walker, Waller, and Washington Counties until 7pm Monday, and for Lee county until 1am Tuesday. Widespread 2" to 4" rain accumulations are possible through Monday, with localized 8" to 11" possible.
A Texas frozen-food company will be the first to get an investment from a Wal-Mart fund launched as a way to reach out to minorities.
Wal-Mart said yesterday it would back Mansfield-based food processor Simeus Foods International.
The black-owned company is to get five (m) million dollar from the Wal-Mart fund.
The world's largest retailer announced the 25 (m) million dollar private equity fund last year. Wal-Mart said it wanted to help growth of businesses owned by women and minorities.
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