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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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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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Top area CFOs honored

The Fort Worth Business Press honored 13 area chief financial officers today with a luncheon at the Fort Worth Club.

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Area residents charged in Ponzi scheme with Euless ties

 

DALLAS (AP) — Two Dallas residents have pleaded guilty to medical investment-related fraud in what investigators call a $10 million Ponzi scam.

Federal prosecutors in Dallas on Wednesday announced guilty pleas from 50-year-old Duncan MacDonald III and 71-year-old Gloria Ann Solomon.

Both could get five-year prison terms after pleading guilty to conspiracy to commit wire fraud. MacDonald and Solomon could also be required to pay fines of up to $250,000 and make restitution.

Investigators say the scheme ran from 2006 through September 2012 when MacDonald was president of Global Corporate Alliance, Inc. Solomon was chief administrative officer of the company with offices in Addison and Euless.

Prosecutors say the case involved the sale of insured health care benefit programs with promises of big returns based on high management fees and securing more investors.

 

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