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Ex Rangers manager Washington apologizes for 'breaking wife's trust'

IRVING, Texas (AP) — Former Texas Rangers manager Ron Washington says he is embarrassed for 'breaking his wife's trust.'

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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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Overland Sheepskin opening Sundance Square store in Fort Worth

The store is expected to open by the holidays, Sundance said.

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Home health firm relocates to Ridglea from downtown

Southwest Home Health Services has leased new headquarters space in the Ridglea East Building in West Fort Worth, setting a plan in motion to relocate Oct. 1 from the downtown.

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Texas Health Southwest breaks ground on $40M expansion

A $40 million expansion of Texas Health Harris Methodist Hospital Southwest Fort Worth is under way, with groundbreaking ceremonies held this week.

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Oil remains above $105 ahead of US housing data
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PAMELA SAMPSON, AP Business Writer

 

BANGKOK (AP) — The price of oil rose slightly Friday, ahead of the release of an economic report in the U.S.

Benchmark oil for October delivery gained 5 cents to $105.08 per barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract rose $1.18 to close at $105.03 a barrel on the Nymex on Thursday.

The eurozone's purchasing managers' index, a key gauge of growth in both the manufacturing and services sectors, rose to 51.7 points in August from 50.4 in July, according to financial information company Markit. It was the highest reading since June 2011 and supported expectations that the eurozone's recovery from recession is gaining momentum.

Still, traders said the eurozone's recovery was uneven and being driven by outsized momentum from Germany.

"Output levels slowed notably in France in both the sectors, in sharp contrast to strong outcomes out of Germany. This validates the fragile nature of the turnaround in activity, as growth is not on firm ground even amongst the core member countries," said analysts at DBS Bank Ltd. in Singapore in a commentary.

Traders will turn their attention later in the day to the release by the U.S. government of new home sales for July. The data is key to evaluating the strength of the housing market, a critical element of the overall economy.

Brent crude, which sets prices for imported oil used by many U.S. refineries, rose 27 cents to $110.17 a barrel on the ICE Futures exchange in London.

In other energy futures trading on Nymex:

— Heating oil rose 0.7 cent to $3.0811 per gallon.

— Natural gas rose 0.1 cent to $3.546 per 1,000 cubic feet.

— Wholesale gasoline gained 0.9 cent to $2.8478 per gallon.

 

 

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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?