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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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Riverside: Developer sees revitalization with apartments, townhomes driving commercial projects

A Dallas developer is seeking to rezone more than 18 acres in Fort Worth’s Riverside area overlooking Oakhurst Scenic Drive, the Trinity River and downtown, with plans to build as many as 400 apartments and townhomes aimed at renters who want to live in or near the central city. D

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Einstein Bagels closing two Tarrant locations

Einstein Bagels is closing two Tarrant County locations, part of a series of 39 closings around the country, according to the company’s owners, JAB Holding Co.

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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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Chesapeake appoints acting CEO, executive search continues

Aubrey McClendon
 
By A. Lee Graham
Fort Worth Business Press
 
Chesapeake Energy Corp. has named Steven Dixon acting CEO as the Oklahoma-based energy company seeks a permanent successor to Aubrey McClendon.
Dixon, who has served as Chesapeake’s executive vice president and chief operating officer since 2006, is one of three company executives constituting a newly formed Office of the Chairman, which will be active until a permanent CEO is chosen.
Rounding out the interim office is Archie W. Dunham, non-executive board chairman; and Domenic J. Dell’Osso Jr., chief financial officer.
“Steve and Nick are both playing key leadership roles as the company accelerates the realization of the substantial intrinsic value of our world-class oil and gas assets for the benefits of all Chesapeake stakeholders,” Dunham said in a news release.
As previously reported, McClendon agreed with the board that he would retire from the company on April 1, 2013. Aiding the search for his successor is Heidrick & Struggles International Inc., an executive search firm.
A Chesapeake audit committee found no “intentional misconduct” by McClendon as part of a review released in February. The finding came as Chesapeake’s board received results of the previously announced review of financing arrangements between McClendon and third parties identified as having a financial relationship with the company.
Chesapeake Energy Corp., whose interests include the Barnett Shale in North Texas, develops unconventional natural gas and oil fields nationwide. More information is available at www.chk.com.

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