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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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Fort Worth-based Woodmont plans $80M Hard Rock Hotel retail center

Woodmont Outlets of Fort Worth, an affiliate of The Woodmont Co., has partnered with Cherokee Nation Businesses for a proposed upscale retail development at Hard Rock Hotel & Casino Tulsa.

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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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Barnett still packs economic punch, study finds

Despite reduced drilling and unstable gas prices, Fort Worth continues reaping the rewards of the Barnett Shale, according to a newly released study by The Perryman Group.7

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Time to make more Do-Nuts in DFW

Shipley Do-Nuts has signed a development agreement with Adkins Development Corp. to accelerate expansion in the Dallas-Fort Worth market.

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Wal-Mart slashes iPhone 5 and iPad prices

Apple announces iOS7. The new update overhauls the operating system for the iPhone, iPad and MacBook.
Credit: Apple Inc.

David Goldman

NEW YORK (CNNMoney) -- IPhone discounts are typical this time of year, but Wal-Mart's will be tough to beat.

The retail giant said it has slashed the price of the 16 gigabyte iPhone 5 to $98. Wal-Mart had previously offered it for $129 -- still far cheaper than the usual $200 price tag of the iPhone 5. To get the discount, customers will need to sign a new two-year contract with AT&T, Verizon or Sprint.

Wal-Mart also cut $50 off the price of its 10-inch iPads. The latest iPad with Retina Display now costs $449 and the price of the iPad 2 is $349. The $330 iPad mini did not get a discount.

The price cuts come as Apple is widely expected to be unveiling a new iPhone and possibly a new iPad on Sept. 10. Retailers often slash prices to clear out inventory ahead of a new product launch.

RadioShack is currently offering a $50 discount on all iPhones, including the iPhone 4S and iPhone 4, and customers don't need to sign a new contract to get the price-cut. T-Mobile is offering the iPhone 5 for $149 with a new two-year payment plan.

And like Wal-Mart, Best Buy is offering $100 off the iPhone 5, but customers need to trade in their old iPhone to get the deal -- not such a bargain when you consider older iPhones are fetching as much as $300 in some channels.

But Wal-Mart's deal undercuts all of them.

The retailer also cut the price of the iPhone 4S to $39, down from $89. Most iPhone 4S smartphones sell for $100 with a new contract.

At the same time, Wal-Mart slashed the price of the Samsung Galaxy S4 to $138, a $10 price cut on the Verizon version and a $30 discount on the AT&T edition.

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What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?