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Ex Rangers manager Washington apologizes for 'breaking wife's trust'

IRVING, Texas (AP) — Former Texas Rangers manager Ron Washington says he is embarrassed for 'breaking his wife's trust.'

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Road Show: City leaders prepare campaign to corral votes for $450 million arena

Fort Worth’s biggest backers of a new arena at the Will Rogers Memorial Center are leaving little to the chance of a “no” vote in a citywide election Nov. 4 to decide on new fees that would fund 15 percent of the $450 million project.

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Overland Sheepskin opening Sundance Square store in Fort Worth

The store is expected to open by the holidays, Sundance said.

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Texas Health Southwest breaks ground on $40M expansion

A $40 million expansion of Texas Health Harris Methodist Hospital Southwest Fort Worth is under way, with groundbreaking ceremonies held this week.

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Home health firm relocates to Ridglea from downtown

Southwest Home Health Services has leased new headquarters space in the Ridglea East Building in West Fort Worth, setting a plan in motion to relocate Oct. 1 from the downtown.

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Oil dips but stays over $108 before US job report

PAMELA SAMPSON, AP Business Writer

BANGKOK (AP) — The price of oil dipped slightly Friday ahead of the release of a key U.S. employment report.

Benchmark oil for October delivery was down 3 cents at $108.34 per barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract gained $1.14 to close at $108.37 on Thursday.

Traders were refraining from big moves before the U.S. Labor Department releases employment data for August. Many investors believe that strong growth will ensure that the Federal Reserve will start to reduce, or "taper," its massive bond-buying program later this month.

The U.S. central bank is buying $85 billion in bonds a month to keep long-term interest rates low and stimulate the economy. Fed stimulus has helped drive a bull market in stocks that has lasted more than four years.

Brent, the benchmark for international crudes, fell 5 cents to $115.21 per barrel on the ICE Futures exchange in London.

Brent has risen sharply recently due to fears of a U.S. intervention in Syria, even if the scale of the attack is now expected to be low. President Barack Obama continued to press skeptical U.S. lawmakers to give him the authority to use military force. Obama won little backing at an economic summit this week in St. Petersburg, Russia.

Francis Lun, chief economist at GE Oriental Financial Group in Hong Kong, said the situation in Syria led to recent rises in oil prices but he suggested that its overall effect on markets would not be profound.

"I think Syria will be a limited regional war," he said.

In other energy futures trading on Nymex:

— Wholesale gasoline fell 0.4 cent to $2.832 per gallon.

— Natural gas fell 2.2 cents to $3.553 per 1,000 cubic feet.

— Heating oil fell 0.7 cents at $3.133 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?