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Ice cancels flights, snarls traffic; snow in North Texas forecast

DALLAS (AP) — More wintry weather was expected across parts of North Texas through Wednesday.

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Berkshire Hathaway company acquires Fort Worth firm

M&M Manufacturing, a producer of sheet metal products for the air distribution and ventilation market based in Fort Worth, has been acquired by MiTek Industries Inc., a subsidiary of Warren Buffett’s Berkshire Hathaway Inc.,

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Plans for Grand Prairie indoor ski resort, Hard Rock Hotel evaporate

Plans for a $215 million indoor ski resort and Hard Rock Hotel in Grand Prairie have been shelved. Sherman Thurston, a member of the development team, sent a

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Top area CFOs honored

The Fort Worth Business Press honored 13 area chief financial officers today with a luncheon at the Fort Worth Club.

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Six candidates file for two Water Board seats

Six candidates have filed for the two open seats on the Tarrant Regional Water Board, setting up a battle that could potentially shift the balance of power on the board and the priorities of one of the largest water districts in Texas.

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Senate panel considers transportation funding bill

 

JIM VERTUNO,Associated Press


AUSTIN, Texas (AP) — Texas lawmakers are pondering how to solve the state's billion-dollar problem of paying for roads and other transportation projects.

Gov. Rick Perry this week added transportation funding to the agenda of the special session of the Legislature. The Senate Finance Committee has scheduled a Wednesday hearing on a plan to send a portion of oil and gas severance taxes into a special roads fund.

That money now goes into the state's reserve fund, and the plan by Sen. Robert Nichols of Jacksonville could divert billions toward building roads. Such a move would require a constitutional amendment approved by voters statewide.

State transportation leaders say Texas needs about $4 billion more per year on roads, even after a decade-long spike in highway construction and maintenance.

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