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RadioShack sees stock jump on investment report

Fort Worth-based RadioShack saw its stock increase as much as 45 percent on Friday as investor Standard General LP said it was continuing talks on new financing for the electronics retailer.

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Fort Worth couple gets in 'Shark Tank,' comes out with deal

A Fort Worth couple who started a business when they couldn’t sleep, were the first entrepreneurs to get a deal on ABC’s Shark Tank in the season premiere on Sept. 26.

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20 from Dallas-Fort Worth on Forbes wealthiest list

There are 20 Dallas-Fort Worth residents listed among the 400 richest Americans, according to the Forbes 400 list of The Richest People in America 2014.

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Internal audit says EPA mismanaged Fort Worth project

FORT WORTH, Texas (AP) — An internal audit by the U.S. Environmental Protection Agency reveals the agency mismanaged an experiment using new ways to demolish asbestos-ridden buildings.

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Texas Wesleyan acquires two strip shopping centers on East Rosedale

Texas Wesleyan University has purchased two strip shopping centers on East Rosedale Street across from its Southeast Fort Worth campus, the university’s president said Friday.

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AMR soldiers on despite Justice Dept. moves

 

DALLAS (AP) — American Airlines parent AMR Corp. plans to ask a bankruptcy judge on Thursday to approve its turnaround plan that includes a merger with US Airways, even though the federal government has sued to block the deal.

The hearing in New York had been expected to be one of the final steps before AMR could close the merger and exit bankruptcy protection after nearly two years.

But AMR could spend several more months in bankruptcy court while it fights to save the merger. The U.S. Justice Department and six states sued to block the deal on Tuesday, saying it would hurt competition and cause consumers to pay higher fares.

AMR executives "would have preferred that (Thursday's) hearing be the final episode in this long effort," said Joe Sims, an antitrust lawyer in Washington who was hired by American. "It's not going to be now, and they will deal with that."

AMR filed for bankruptcy protection in November 2011 after losing billions of dollars in the previous decade. The company, which also owns the American Eagle regional airline, has used the bankruptcy process to rework labor contracts and claim other cost savings. Last month, it reported its first second-quarter profit in six years.

In February, it announced plans to merge with US Airways, a deal that would make American the world's biggest airline in terms of miles flown by passengers.
 

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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?