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Dallas Fed's Fisher, Philadelphia Fed leaders to retire in 2015

WASHINGTON — The outspoken president of the Federal Reserve Bank of Philadelphia will step down in March, shortly before the central bank is expected to raise interest rates for the first time since the recession, the regional bank said Monday.

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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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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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Weatherford's Wild Mushroom to open in Fort Worth's Ridglea Village

Weatherford restaurant staple The Wild Mushroom Steak House & Lounge will be coming to Fort Worth in November, moving into the former site of Ray’s Steakhouse at to 3206 Winthrop Ave. in the Ridglea Village Shopping Center.

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BNSF plans $240 M capital program in Texas

BNSF Railway Company (BNSF) announced Sept. 3 it plans to invest an estimated $240 million on maintenance and rail capacity expansion projects in Texas this year, including spending on additional rail capacity in Fort Worth.


BNSF’s 2013 capacity improvement projects in Texas include expansion of rail capacity at Tower 55 in Fort Worth, completing replacement of the Galveston Causeway Bridge, installation of a siding extension near Somerville, expansion of the Houston Intermodal Facility, construction of a loop track facility in San Antonio and signal upgrades for federally mandated positive train control (PTC).
BNSF will also continue its track maintenance program in Texas, which will include nearly 4,400 miles of track surfacing and undercutting work, and the replacement of about 115 miles of rail and 690,000 ties.


“BNSF’s capital investments in Texas will help ensure our network is prepared for growing demand for freight rail,” said Matthew K. Rose, chairman and CEO in a statement. “We are focused on investing to meet our customers’ expectations and on expanding capacity where growth is occurring. Given the importance of a low cost supply chain to the U.S. economy, our privately funded rail infrastructure is well positioned to help Texas compete in global markets.”


The planned capital investments in Texas are part of BNSF’s record 2013 capital commitment of $4.3 billion. The largest component of the capital plan is spending $2.3 billion on BNSF's core network and related assets. BNSF also plans to spend approximately $1 billion on locomotive, freight car and other equipment acquisitions, many of which will serve Texas. The program also includes about $200 million for positive train control and $800 million for terminal, line and intermodal expansion and efficiency projects.
 

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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?