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RadioShack sees stock jump on investment report

Fort Worth-based RadioShack saw its stock increase as much as 45 percent on Friday as investor Standard General LP said it was continuing talks on new financing for the electronics retailer.

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Fort Worth couple gets in 'Shark Tank,' comes out with deal

A Fort Worth couple who started a business when they couldn’t sleep, were the first entrepreneurs to get a deal on ABC’s Shark Tank in the season premiere on Sept. 26.

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20 from Dallas-Fort Worth on Forbes wealthiest list

There are 20 Dallas-Fort Worth residents listed among the 400 richest Americans, according to the Forbes 400 list of The Richest People in America 2014.

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Internal audit says EPA mismanaged Fort Worth project

FORT WORTH, Texas (AP) — An internal audit by the U.S. Environmental Protection Agency reveals the agency mismanaged an experiment using new ways to demolish asbestos-ridden buildings.

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Fort Worth TIF approves incentives for Westchester Plaza redevelopment, second 217-unit apartment property

A California REIT plans to buy the 50-year-old Westchester Plaza, demolish it, and redevelop the site with apartments, retail, medical-office, and parking.

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Texan pleads guilty to embezzling nearly $800K

 

DALLAS (AP) — A North Texas executive has pleaded guilty to embezzling nearly $800,000 from a communications firm and buying items such as a hot tub and an outdoor deck.

Prosecutors in Dallas say 46-year-old Marci Johnson of Kaufman pleaded guilty Wednesday to mail fraud.

Johnson faces up to two years in prison as part of the plea deal and also could be required to repay nearly $773,000 to Spaeth Communications of Dallas. Sentencing is pending.

Prosecutors say Johnson was the chief administrative officer for the business communications company and had access to company checks and credit cards.

Investigators say she used corporate funds for personal dining, shopping and entertainment. Prosecutors say Johnson also made false entries in the company's accounting software to help cover her fraudulent purchases.


 

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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?