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Ice cancels flights, snarls traffic; snow in North Texas forecast

DALLAS (AP) — More wintry weather was expected across parts of North Texas through Wednesday.

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Einstein Bagels closing two Tarrant locations

Einstein Bagels is closing two Tarrant County locations, part of a series of 39 closings around the country, according to the company’s owners, JAB Holding Co.

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Berkshire Hathaway company acquires Fort Worth firm

M&M Manufacturing, a producer of sheet metal products for the air distribution and ventilation market based in Fort Worth, has been acquired by MiTek Industries Inc., a subsidiary of Warren Buffett’s Berkshire Hathaway Inc.,

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Plans for Grand Prairie indoor ski resort, Hard Rock Hotel evaporate

Plans for a $215 million indoor ski resort and Hard Rock Hotel in Grand Prairie have been shelved. Sherman Thurston, a member of the development team, sent a

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Top area CFOs honored

The Fort Worth Business Press honored 13 area chief financial officers today with a luncheon at the Fort Worth Club.

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Sabre names former Continental CEO as chairman

 

SOUTHLAKE, Texas (AP) — Sabre Holdings, owner of online travel agency Travelocity, said Wednesday that former Continental Airlines CEO Larry Kellner will become its chairman.

Privately-held Sabre separated the roles of CEO and chairman when Tom Klein became CEO last month, replacing Sam Gilliland, who remained on the board of directors.

Kellner was chief financial officer, president, chief operating officer and finally chairman and CEO at Continental. He left the airline in 2009 to join a private equity firm. Continental was acquired by United Airlines the following year. He is on the boards of Boeing Co., Chubb Corp. and Marriott International Inc.

Sabre originated as the technology division of American Airlines and was spun off as a separate company in 2000. Private equity firms TPG and Silver Lake Partners took it private in 2007. It provides technology services to airlines and other travel companies.
 

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