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New arena at Will Rogers takes shape


The proposed Will Rogers Memorial Center arena continues to take shape as voters head for a Nov. 4 election to decide whether to approve new taxes to help pay for the $450 million facility.

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Fort Worth-based Woodmont plans $80M Hard Rock Hotel retail center

Woodmont Outlets of Fort Worth, an affiliate of The Woodmont Co., has partnered with Cherokee Nation Businesses for a proposed upscale retail development at Hard Rock Hotel & Casino Tulsa.

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Cooking Class: Fort Worth chef brings home the gold

Toques off to Timothy Prefontaine. The executive chef at the iconic Fort Worth Club is currently the best in the nation, according to the American Culinary Federation. Prefontaine earned the title of 2014 U.S.A.’s Chef of the

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Barnett still packs economic punch, study finds

Despite reduced drilling and unstable gas prices, Fort Worth continues reaping the rewards of the Barnett Shale, according to a newly released study by The Perryman Group.7

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Time to make more Do-Nuts in DFW

Shipley Do-Nuts has signed a development agreement with Adkins Development Corp. to accelerate expansion in the Dallas-Fort Worth market.

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Oil marches past $108 on favorable economic data

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PAMELA SAMPSON, AP Business Writer

BANGKOK (AP) — Oil prices breezed past $108 per barrel Friday, with traders emboldened by record highs on Wall Street and data showing an upswing in U.S. factory output.

Benchmark crude for September delivery rose 67 cents to $108.56 per barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract rose $2.86 a barrel Thursday, or 2.7 percent, to close at $107.89 a barrel on the Nymex on Thursday.

Oil prices are being fueled by the same optimism that pushed Wall Street to new highs Thursday. The Standard & Poor's 500 index and the Dow Jones industrial average both set record highs, and the S&P 500 crossed the 1,700 mark for the first time.

The Institute for Supply Management, a trade group of purchasing managers, said its index of U.S. manufacturing jumped to 55.4 in July, up from 50.9 in June and well above an expected reading of 51.8. A number above 50 indicates growth.

On Friday, hiring figures for July will be released, then examined for hints about future energy demand in the world's No. 1 economy.

In a commentary, Michael Hewson of CMC Markets said that report "could well add the final flourish to a record week, and a perfect start to August."

Brent crude, traded on the ICE Futures exchange in London, rose 50 cents to $110.04 per barrel.

In other energy futures trading on the Nymex:

— Heating oil was up 0.9 cents to $3.1055 a gallon.

— Natural gas fell 3 cents to $3.362 per 1,000 cubic feet.

— Wholesale gasoline rose 0.2 cents to $3.0305 a gallon.

 

 

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What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?