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Fort Worth's new thoroughfare plan aims for more variety in street design

Fort Worth is launching a review of its master thoroughfare plan aimed at accommodating continued suburban growth and central city redevelopment with a greater variety of streets and more efficient traffic flow.

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On the rise: Kolache bakery stirs up Fort Worth breakfast scene

Investment bankers Wade Chappell and Greg Saltsman didn’t know anything about baking or how to make kolaches when they started their own kolache delivery business in Fort Worth. The two friends just loved eating the Czech pastries but couldn’t find a product they liked locally.

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Holt Hickman, businessman who helped preserve Stockyards, dies at 82

Longtime Fort Worth businessman, philanthropist and preservationist Holt Hickman died Nov. 15, 2014, at the age of 82.

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Fort Worth denies three building permits amid TCU overlay debate

City Council members will consider appeals on the three single-family permits Tuesday.

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UPDATE: Could American Airlines move its headquarters?

A key linchpin in the Fort Worth economy, American Airlines Group Inc., is considering sites for a new headquarters, possibly outside the city, the airline’s CEO said this morning.

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Buffett's Berkshire dumps Gannett, buys Dish Network

 

Aaron Smith

NEW YORK (CNNMoney) -- Warren Buffett's investment firm Berkshire Hathaway dumped its shares of newspaper giant Gannett according to SEC documents, and took a new position in Dish Network.

In a filing with the Securities and Exchange Commission, Berkshire Hathaway said it held no shares of Gannett Company Inc. in the second quarter, which ended June 30. In the first quarter it held 1.7 million shares of Gannett worth about $38 million.

Buffett has expressed interest in newspapers in the past, having purchased dozens of local papers, including The Press of Atlantic City in New Jersey and the Roanoke Times in Virginia.

Buffett said in his annual letter to shareholders in March that he and business partner Charlie Munger "love newspapers" and "believe that papers delivering comprehensive and reliable information to tight-knit communities that also have a sensible Internet strategy will remain viable for a long time."

Indeed, Berkshire is currently the largest outside investor in The Washington Post Co. and has held the stock for four decades. As of June 30, Buffett's firm held more than 1.8 million shares of the Washington Post Company. Still, when the company's flagship newspaper went up for sale, Berkshire didn't step in to buy the company. Instead, Amazon founder Jeff Bezos snapped up the struggling newspaper for $250 million on August 5.

Berkshire also purchased about 547,000 shares of Dish Network in the second quarter, worth about $23 million. The firm already held more than 33 million shares of rival cable company DirecTV, worth about $1.3 billion.

That move comes amid speculation that the two cable network rivals should merge.

Additionally, Berkshire Hathaway bought 17.8 million shares of Canadian oil tar sands company Suncor Energy in the second quarter, worth $524 million.

Buffett's firm ramped up its ownership of General Motors in the second quarter, to 40 million shares worth more than $1.3 billion, up from to 25 million shares in the previous quarter.

The investment firm made little or no adjustments to its extensive holdings of American Express, Bank of New York Mellon, Coca Cola, ConocoPhillips, International Business Machines, Procter & Gamble and Wells Fargo, to name a few

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