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Posted: Apr 28, 2014 3:45 PM

Updated: Apr 28, 2014 3:46 PM

AUSTIN, Texas (AP) The University of Texas System Board of Regents has selected a former president of the University of Alabama and Texas Tech University as its finalist to lead the newly created University of Texas Rio Grande Valley. Guy Bailey resigned as president of the University of Alabama in 2012, just two months after taking over. He stepped down to care for his ailing wife, who died in September.

SAN ANTONIO (AP) A San Antonio student pledged to "commit a violent act" using an AK-47 assault rifle and other weapons if school officials didn't meet a series of demands. North East Independent School District officials say the unidentified 17-year-old intended to take control of the intercom system Monday at Madison High School during morning announcements. The student was taken into custody.

AUSTIN, Texas (AP) The state of Texas has offered Toyota $40 million as the automaker begins moving its U.S. headquarters from California to suburban Dallas. Gov. Rick Perry says Toyota will invest more than $300 million in a facility in Plano that will house nearly 4,000 employees. They will come from Toyota's sales, marketing, engineering, manufacturing and finance divisions.

WASHINGTON (AP) The House Ethics Committee says it has extended an investigation of Republican Rep. Steve Stockman of Texas at least until June. The 67-year-old Stockman is in his second term representing the Houston area and lost a GOP primary for U.S. Senate last month. The ethics panel declined to reveal details of the investigation on Monday, but Stockman released a statement Friday confirming an ethics inquiry into his campaign finances.

Topics: 5th NewsMinute

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