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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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Fort Worth firm 'simplifies' advertising

Reaching customers requires more than price slashing and flashy ads. In today’s competitive marketplace, machines – not men and women – are essential to tapping new markets and

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