5 things to know today, including Warren Buffett’s big stake in Occidental Petroleum

Good morning, Houston! Last night, Space City Weather issued a Stage 1 flood alert for areas north of Interstate 10, but things are clearing up this morning, and although we’re still expected to see some rain this week, that alert has been lifted. North Texas has not been so lucky this week, with some parts of Dallas and Tarrant counties seeing 12 to 16 inches of rain in 24 hours, Space City Weather reported yesterday afternoon. So if you’re traveling around Texas this week, be careful.

Here are…