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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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Oil near $105 ahead of US supplies report
BANGKOK (AP) — Oil rose to near $105 a barrel Wednesday, driven by speculation that U.S. crude stockpiles fell last week in a sign of higher demand.
 

Benchmark crude for August delivery was up $1.12 to $104.65 a barrel at early afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. Earlier in the day it reached $104.79, which is oil's highest price since May 2 last year. The contract gained 39 cents to close at $103.53 on Tuesday.

Oil was higher after Bloomberg, a financial data provider, said U.S. crude inventories fell by 9 million barrels last week. It cited an unnamed person at the American Petroleum Institute, an industry group. The Energy Department releases its weekly report on U.S. inventories of crude oil and refined fuels later Wednesday.

A drop in supplies would suggest stronger demand and underline the signs of economic recovery shown in last week's stronger-than-expected U.S. hiring report.

Other factors that could influence trading Wednesday include OPEC's release of its monthly update on the oil market and the publication of minutes from the U.S. Federal Reserve's last policy meeting.

Brent crude, which is used to set prices for oil used by many U.S. refineries, was down 3 cents at $107.04 on the ICE Exchange in London.

In other energy futures trading on the New York Mercantile Exchange:

— Wholesale gasoline added 2.1 cents to $2.947 a gallon.

— Natural gas fell 2.3 cents to $3.634 per 1,000 cubic feet.

— Heating oil was steady at $2.986 per gallon.

 

 

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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?