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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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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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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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Crestwood area hoping to block planned office building

Residents of West Fort Worth’s Crestwood Association are trying to block the rezoning of a small apartment complex at White Settlement Road and North Bailey Avenue to make way for a planned office building, saying it would represent the start of commercial encroachment into their neighborhood.

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Tiger Woods takes a swing at Fort Worth's Dan Jenkins - in print anyway

Rarely does Golf Digest make the news. Leave it to Dan Jenkins to change that.

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Oil extends losses below $105 per barrel

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PAMELA SAMPSON, AP Business Writer

BANGKOK (AP) — The price of oil fell again Wednesday as traders hunkered down and waited for news of when the U.S. economy might be weaned off the Fed's stimulus program.

U.S. benchmark oil for October delivery was down 36 cents to $104.75 per barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange.

On Tuesday, the contract for September delivery dived $2.14, the sharpest decline in two months, to $104.96 a barrel. Analysts said some of the decline was driven by the expiration of the September contract at the end of trading. The October contract fell $1.75 to $105.11 a barrel.

Traders were awaiting the release Wednesday of minutes from the Federal Reserve's July policy meeting for hints of whether and when it might begin cutting back on its $85 billion a month of bond purchases. Evidence that the U.S. economy is improving and statements from Fed officials themselves have prepped investors to prepare for a winding down of asset purchases as early as September.

The Fed's stimulus policy has lowered interest rates and made oil and other commodities a more attractive investment by offering potentially higher returns. A "tapering" or phasing out of the program could push down oil prices.

Brent crude, which is used to set prices for imported oil used by many U.S. refineries, fell 35 cents to $109.80 a barrel on the ICE Futures exchange in London.

In other energy futures trading on Nymex:

— Heating oil fell 0.7 cent to $3.078 per gallon.

— Wholesale gasoline was little changed at $2.818 a gallon.

— Natural gas fell 1.7 cents to $3.427 per 1,000 cubic feet.

 

 

 

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What was the message of the midterm elections?