Company sues Tulsa auto dealership family, says it was ‘duped’ in $46 million purchase deal

The lawsuit alleges the defendants committed fraud, civil conspiracy, interference with contract and business relations, misappropriation of trade secrets, deceptive trade practices and numerous breaches of contract.
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Oil bust helped some of Oklahoma’s largest companies avoid income taxes

When crude oil prices crashed between 2014 and 2016, many Oklahoma energy companies booked sizable losses that can be used to reduce or completely eliminate state income tax liability for up to 20 years.
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In endless state budget crisis, Todd Lamb sticks to no-tax increase stance

Lamb's no-tax increase campaign has played well with business leaders, and he’s has received ample support from the energy industry including political action committees backed by some of the state’s largest oil and gas companies.
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Federal appeals court rejects state’s request to reconsider decision in American Indian death penalty case

A spokesman for the Oklahoma Attorney General’s Office said Thursday that the state will seek to appeal the case to the U.S. Supreme Court.
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Oklahoma business, municipal and energy groups ask federal court to reconsider death penalty decision from ‘Indian Country’

The U.S. Department of Justice is also asking the U.S. 10th Circuit Court of appeals to reconsider the decision, after a panel of judges found the Muscogee (Creek) Nation reservation was not disestablished and that the state did not have jurisdiction.
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‘This is not a test run, this is the Super Bowl:’ As Amazon HQ proposal deadline nears, Tulsa Mayor is shooting for the stars

“I’m a year removed from being a guy who was supposed to lose the mayor’s race by 30 points a week out (from election day,) and who won by 18 points,” Bynum said. “I didn’t listen to the naysayers.”
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City of Tulsa looking at ways to encourage use of neon signs along historic Route 66

The incentives for putting neon signs along Route 66 being considered by the city of Tulsa include loosening sign regulations to allow for more design and placement options; waiving permitting fees; and offering grants to help cover the cost of the signs.
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Millions of gallons of oil, wastewater spilled over last three years, state data shows

A little more than half of oil spilled between 2014 and 2016 was recovered, while about two-thirds of wastewater spilled was recovered, the Oklahoma Corporation Commission data shows.
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It took the city 30 minutes — and more than a year of preparation — to raise $115 million. Here’s how.

Municipalities, including Tulsa, use bond sales to advance fund projects all the time. But the stakes are high: underestimate what interest rate the city will pay on the bonds, for example, and the entire funding package can be put in jeopardy.
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