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Trademark closes on 63-acre Waterside site in Fort Worth

Construction begins Oct. 20 on the development, to be anchored by a Whole Foods Market.

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UPDATE: $215M hotel, indoor ski project planned for Grand Prairie

Officials in Grand Prairie are expected later today to announce a $215 million project that will include a Hard Rock Hotel and an indoor ski facility.

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Two Fort Worth council members propose temporary single-family moratorium around TCU

The moratorium would apply to new permits for single-family homes around TCU, and give the city time to figure out what to do with a controversial proposed overlay in several neighborhoods around the university.

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Fresh Ebola fears hit airline stocks

DALLAS (AP) — News that a nurse diagnosed with Ebola flew on a plane full of passengers raised fear among airline investors that the scare over the virus could cause travelers to avoid flying.

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Landscape architect behind several TCU landmarks acquired

The Dallas design firm behind several Texas Christian University projects, as well as Globe Life Park in Arlington and AT&T Stadium, has been acquired by Rvi Planning + Landscape Architecture.

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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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