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Dallas Fed's Fisher, Philadelphia Fed leaders to retire in 2015

WASHINGTON — The outspoken president of the Federal Reserve Bank of Philadelphia will step down in March, shortly before the central bank is expected to raise interest rates for the first time since the recession, the regional bank said Monday.

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Ex Rangers manager Washington apologizes for 'breaking wife's trust'

IRVING, Texas (AP) — Former Texas Rangers manager Ron Washington says he is embarrassed for 'breaking his wife's trust.'

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Troubled RadioShack files SEC form, talks with 'major vendor'

RadioShack Corp.’s latest filing with the U.S. Securities and Exchange Commission describes recent discussions that “could be beneficial to the financial restructuring of the company.”

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REIT plans demolition of Fort Worth's Westchester Plaza, mixed-use redevelopment

The developer is seeking a $3.8 million reimbursement from the Southside tax increment finance district.

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Road Show: City leaders prepare campaign to corral votes for $450 million arena

Fort Worth’s biggest backers of a new arena at the Will Rogers Memorial Center are leaving little to the chance of a “no” vote in a citywide election Nov. 4 to decide on new fees that would fund 15 percent of the $450 million project.

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High winds derail 47 BNSF cars in Texas Panhandle

FRIONA, Texas (AP) — A storm packing winds strong enough to form a tornado has derailed more than 40 BNSF Railway cars in the Texas Panhandle June 18.
Joe Faust, a spokesman with Fort Worth-based BNSF, said Tuesday that nobody was hurt in the derailment between Friona and Summerfield.
Faust said that 47 cars, empty or carrying various freight, derailed before dawn Monday. He said 42 cars ended up on their sides. No cargo spilled from the 71-car train traveling from Clovis, N.M., to Amarillo.
BNSF reopened the line at about midnight Monday.
The National Weather Service in Lubbock estimates winds gusted up to 100 mph at the time. Forecaster John Lipe said sometimes the outflow from thunderstorms can produce such winds. EF1 tornadoes carry winds from 86 mph to 110 mph.
 

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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?