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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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Texas Wesleyan acquires two strip shopping centers on East Rosedale

Texas Wesleyan University has purchased two strip shopping centers on East Rosedale Street across from its Southeast Fort Worth campus, the university’s president said Friday.

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