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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 falls to near $106 ahead of Europe growth data
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PAMELA SAMPSON, AP Business Writer

 

BANGKOK (AP) — The price of oil fell Wednesday as traders waited for European growth figures that might show the continent has emerged from a long recession.

Benchmark crude for September delivery was down 63 cents to $106.20 per barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract rose 72 cents to close at $106.83 on Tuesday.

A relatively stronger dollar also worked against oil prices. Oil is traded in dollars and becomes a less attractive investment for holders of other currencies when the value of the greenback rises.

In recent days, the dollar has posted gains against the Japanese yen, the Swiss franc, and the currencies of commodity-driven countries including Australia and Canada, said Michael Hewson, senior market analyst at CMC Markets. That could partly explain the falling price of oil in the face of brighter economic data from Europe and the U.S.

The U.S. government reported slightly improved retail sales for July on Tuesday, while Germany said its ZEW investor confidence survey improved in August. There are hopes second quarter GDP figures due later Wednesday will show that the combined economy of the 17 countries that use the euro has started growing again.

Brent crude, traded on the ICE Futures exchange in London, fell 67 cents to $107.81 a barrel.

In other energy futures trading on Nymex:

— Heating oil fell 1.4 cents to $3.034 a gallon.

— Wholesale gasoline fell 1.2 cents to $2.808 a gallon.

— Natural gas rose 1.2 cents to $3.297 per 1,000 cubic feet.

 

 

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