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Dallas Fed's Fisher, Philadelphia Fed leaders to retire in 2015

WASHINGTON — The outspoken president of the Federal Reserve Bank of Philadelphia will step down in March, shortly before the central bank is expected to raise interest rates for the first time since the recession, the regional bank said Monday.

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Ex Rangers manager Washington apologizes for 'breaking wife's trust'

IRVING, Texas (AP) — Former Texas Rangers manager Ron Washington says he is embarrassed for 'breaking his wife's trust.'

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Troubled RadioShack files SEC form, talks with 'major vendor'

RadioShack Corp.’s latest filing with the U.S. Securities and Exchange Commission describes recent discussions that “could be beneficial to the financial restructuring of the company.”

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REIT plans demolition of Fort Worth's Westchester Plaza, mixed-use redevelopment

The developer is seeking a $3.8 million reimbursement from the Southside tax increment finance district.

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Road Show: City leaders prepare campaign to corral votes for $450 million arena

Fort Worth’s biggest backers of a new arena at the Will Rogers Memorial Center are leaving little to the chance of a “no” vote in a citywide election Nov. 4 to decide on new fees that would fund 15 percent of the $450 million project.

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Lawmakers look to finish road funding proposal

AUSTIN, Texas (AP) — The Texas Senate and House could wrap up the second special session by approving a proposed constitutional amendment increasing funding for road and bridge construction.

Lawmakers meet Thursday. They may approve a conference committee reconciliation of separate transportation bills both chambers passed previously.

The proposals would each put to voters on a November ballot a constitutional amendment increasing funding for roads and bridges by at least $800 million annually.

But they differ on whether the extra money would come directly from the state's Rainy Day Fund, or from oil and natural gas taxes that would then draw from the Rainy Day Fund to make up the difference.

There is also disagreement on whether the fund should have a $6 billion floor, below which it would no longer provide transportation funding.

 

 

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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?