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Obama calls for offshore drilling in Southeast

WASHINGTON — The Obama administration on Tuesday outlined a politically fraught plan for allowing oil and gas drilling offshore along parts of the Atlantic coast while imposing new restrictions on environmentally fragile waters off northern Alaska.

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Alliance's Hillwood Commons lands first tenant

A large title insurance, property valuation and settlement services company is the first tenant at Hillwood Commons I, an office complex at Alliance Town Center.

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Museum District: Area’s evolution creating more interaction, public spaces

Fifteen years ago if someone had shot a cannon from Fort Worth’s world-renowned museum district, nobody would have noticed, joked Lori Eklund, senior deputy director of the Amon Carter Museum of American Art. But that has changed.

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Energy Transfer Partners, Regency Energy announce $18B merger

Energy Transfer Partners LP of Dallas and Regency Energy Partners LP have entered into a definitive merger agreement.

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American Airlines' first 787 Dreamliner arrives at D/FW

American is preparing the plane to begin service sometime in the second quarter.

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Judge sets dates for voting on AMR plan

FORT WORTH, Texas (AP) — American Airlines' creditors could begin voting this month on the company's turnaround plan and proposed merger with US Airways.

A federal bankruptcy judge in New York gave American's parent company, AMR Corp., approval Friday to send solicitation material to creditors by June 20.

They'll have until July 29 to vote.

If creditors go along, the judge could confirm the reorganization plan at a hearing scheduled for Aug. 15, clearing the way for AMR to combine with US Airways and emerge from Chapter 11 protection.

AMR CEO Tom Horton said his company was "in the home stretch of our restructuring."

The merger is still being reviewed by antitrust regulators at the Department of Justice. Based on current figures, American would become the biggest airline in the world, surpassing United Airlines in passenger miles. Officials say American Airlines may name the company's new management team as soon as this week. 
 

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