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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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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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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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Fort Worth firm 'simplifies' advertising

Reaching customers requires more than price slashing and flashy ads. In today’s competitive marketplace, machines – not men and women – are essential to tapping new markets and

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Trinity Valley School leader to leave in May 2015

Gary Krahn, head of school for the past eight years at Trinity Valley School in Fort Worth, will leave his position in May 2015 when he and his wife Paula will move

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Oil retreats from 2-year high, falls below $110


PAMELA SAMPSON, AP Business Writer
 
BANGKOK (AP) — The price of oil fell below $110 a barrel Thursday, easing off a two-year high, after a report showed a rise in U.S. crude inventories.
 
Benchmark oil for October delivery was down 72 cents to $109.38 per barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange.
 
The contract rose $1.09, or 1 percent, to $110.10 a barrel on Wednesday, driven higher by the prospect of Western military intervention in Syria's civil war. That was its highest closing price since May 3, 2011. Earlier in the day, oil charged as high as $112.24.
 
The American Petroleum Institute said crude stocks for the week ended Aug. 23 rose by 2.47 million barrels to about 366.6 million barrels. Rising supplies tend to hold oil prices down.
 
Still, JBC Energy said current developments, such as low spare capacity in Saudi Arabia and signs of an improving global economy, pointed to tighter markets.
 
The oil price has surged 27 percent since touching a low for the year of $86.68 on April 17. Recently, it has been propelled higher by political unrest in Egypt and the threat of U.S. intervention in Syria's civil war. Neither country is a major oil exporter, but traders are concerned that the violence could spread to more important oil-exporting countries or disrupt major oil transport routes.
 
Brent crude, the benchmark for international crudes, fell 76 cents to $115.85 a barrel on the ICE Futures exchange in London.

In other energy futures trading on Nymex:

— Heating oil fell 2.3 cents to $3.188 per gallon.

— Natural gas rose 0.8 cent to $3.59 per 1,000 cubic feet.

— Wholesale gasoline fell 1.7 cents to $2.945 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?