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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

A Fort Worth couple who started a business when they couldn’t sleep, were the first entrepreneurs to get a deal on ABC’s Shark Tank in the season premiere on Sept. 26.

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20 from Dallas-Fort Worth on Forbes wealthiest list

There are 20 Dallas-Fort Worth residents listed among the 400 richest Americans, according to the Forbes 400 list of The Richest People in America 2014.

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Internal audit says EPA mismanaged Fort Worth project

FORT WORTH, Texas (AP) — An internal audit by the U.S. Environmental Protection Agency reveals the agency mismanaged an experiment using new ways to demolish asbestos-ridden buildings.

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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 hovers below $107 as tensions over Syria ease

PAMELA SAMPSON, AP Business Writer

BANGKOK (AP) — Oil prices fell further Tuesday as President Barack Obama's struggle to win support for U.S. military intervention in Syria diminished expectations of an attack.

Benchmark crude for October delivery was down 95 cents to $106.70 per barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract fell $1.15 to close at $107.65 on Friday.

Obama on Monday met with key U.S. lawmakers to try to drum up support for military strikes against the regime of President Bashar Assad to respond to an attack in the Damascus suburbs last month that the U.S. says killed at least 1,429 civilians. A vote could come once Congress returns from its summer break, which is scheduled to end Sept. 9.

While Syria is not a major oil producer, it straddles a region that is. The possibility of a wider conflict, one that could interrupt production and shipping routes in the region, has pushed oil prices higher in recent days. Conversely, prices have slid as the prospect of a U.S. attack diminished.

Brent, the benchmark for international crudes, was down 12 cents to $114.21 a barrel on the ICE Futures exchange in London.

"The upside to Brent oil prices has been tempered somewhat by the diminished expectation of a US military strike, though they haven't fallen as much as US prices which have slid back much more sharply," Michael Hewson, senior market analyst at CMC Markets, said in a commentary.

In other energy futures trading on Nymex:

— Wholesale gasoline was down 1.2 cents to $2.878 per gallon.

— Heating oil was nearly unchanged at $3.137 per gallon.

— Natural gas rose 8 cents to $3.661 per 1,000 cubic feet.

 

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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?