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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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Fort Worth launching Stockyards design task force

The task force, to be chaired by the Fort Worth architect Eric Hahnfeld, would be responsible for confirming the boundaries of the city's planned Stockyards design district and reviewing the work of a consultant.

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GE rises most in year with equipment order increases, including at Fort Worth locomotive unit

NEW YORK — General Electric Co. beat analysts' profit estimates in the third quarter as Chief Executive Officer Jeffrey Immelt squeezed more costs from the manufacturing units.

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Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

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Oil nearly $106 after China shows recovery signs

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PAMELA SAMPSON, AP Business Writer

BANGKOK (AP) — The price of oil rose slightly Monday after improved Chinese economic data last week suggested demand for crude might increase.

Benchmark oil for September delivery was up 2 cents to $105.99 a barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract gained $2.57, or 2.5 percent, to close at $105.97 on Friday.

"I think we're seeing a bit of upward momentum from China," said Ric Spooner, chief market analyst at CMC Markets in Sydney. China said Friday that its factory output and auto sales accelerated in July.

Spooner also said traders were looking ahead to Thursday, when the U.S. government releases inflation figures for July.

The U.S. Federal Reserve has a target of 2 percent for inflation. The fact that inflation is falling below that target has prompted some Fed officials to be concerned about a potential bout of deflation, which could be harmful to economic growth.

Lower-than-anticipated inflation could cause the Fed to delay the scaling back of its stimulus program, which was launched more than four years ago to help the world's biggest economy weather the fallout from the global financial crisis.

In June, Bernanke said the Fed will likely slow its bond-buying this year and end it in 2014 because the economy is strengthening.

In other energy futures trading on Nymex:

— Heating oil rose 0.1 cent to $2.995 a gallon.

— Natural gas rose 2.8 cents to $3.258 per 1,000 cubic feet.

— Wholesale gasoline fell 0.9 cent to $2.899 a gallon.

 

 

 

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