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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

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20 from Dallas-Fort Worth on Forbes wealthiest list

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Internal audit says EPA mismanaged Fort Worth project

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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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Oil prices fall below $108 as Syria fears ease

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PAMELA SAMPSON, AP Business Writer

BANGKOK (AP) — The price of oil fell below $108 a barrel Friday after British lawmakers refused to approve military action against Syria, easing concerns about international intervention in the country's civil war.

Benchmark oil for October delivery was down $1.13 to $107.67 per barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract fell $1.30 to close at $108.80 a barrel on the Nymex on Thursday.

Britain's parliament on Thursday refused to go along with Prime Minister David Cameron's plan to intervene in Syria, whose government is suspected of a chemical weapons attack earlier this month that killed more than 300 civilians.

Another hurdle in forming an international coalition to undertake a military strike against Syria took place at the U.N., when Russia blocked British efforts to force a resolution approving action.

Dropping oil prices reflected the relief traders felt.

"We might see oil come off a little bit," said Stan Shamu, market strategist at IG in Melbourne, Australia. "But if the situation escalates over the weekend, that might be a different story."

Syria is not a major oil producer but a widening conflict there could affect major producers in the region or disrupt supply routes.

Brent crude, the benchmark for international crudes, fell 65 cents $114.50 a barrel on the ICE Futures exchange in London.

In other energy futures trading on Nymex:

— Heating oil lost 1 cent to $3.178 per gallon.

— Natural gas rose 2.2 cents to $3.64 per 1,000 cubic feet.

— Wholesale gasoline was down 1.4 cents at $2.916 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?