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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 expected to pass transportation measures

 
CHRIS TOMLINSON, Associated Press

 

AUSTIN, Texas (AP) — The Texas Legislature is expected to finally pass a proposed constitutional amendment to boost funding for roads and bridges.

The Senate and House will convene Monday afternoon after reaching a deal that could add $848 million in transportation. Voters will have to approve a constitutional amendment in November 2014 for the money to be diverted away from the state's Rainy Day Fund.

The amendment and the accompanying legislation are the last items on the agenda for the second special session this year. The Legislature can adjourn after finally passing them.

The spending measure would give the 10-member Legislative Budget Board authority to cut off the flow of money to transportation if the Rainy Day Fund's balance falls below a level determined by the board.

 

 

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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?