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Trademark closes on 63-acre Waterside site in Fort Worth

Construction begins Oct. 20 on the development, to be anchored by a Whole Foods Market.

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UPDATE: $215M hotel, indoor ski project planned for Grand Prairie

Officials in Grand Prairie are expected later today to announce a $215 million project that will include a Hard Rock Hotel and an indoor ski facility.

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Two Fort Worth council members propose temporary single-family moratorium around TCU

The moratorium would apply to new permits for single-family homes around TCU, and give the city time to figure out what to do with a controversial proposed overlay in several neighborhoods around the university.

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Fresh Ebola fears hit airline stocks

DALLAS (AP) — News that a nurse diagnosed with Ebola flew on a plane full of passengers raised fear among airline investors that the scare over the virus could cause travelers to avoid flying.

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Landscape architect behind several TCU landmarks acquired

The Dallas design firm behind several Texas Christian University projects, as well as Globe Life Park in Arlington and AT&T Stadium, has been acquired by Rvi Planning + Landscape Architecture.

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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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