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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 falls toward $110 after hitting 2-year high


PAMELA SAMPSON, AP Business Writer

BANGKOK (AP) — The price of oil fell Monday, edging off a two-year high as the likelihood of a U.S. attack against Syria appeared to diminish.

Benchmark oil for October delivery fell 33 cents to $110.20 a barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange.

On Friday, the contract rose $2.16 to close at $110.53 on the Nymex, the highest closing price since May 3, 2011. The sharp increase was driven by a disappointing U.S. jobs report and continuing worries about Syria's civil war.

President Barack Obama has called for military action against the regime of President Bashar Assad in retaliation for what the White House says was a chemical weapons attack against civilians in suburban Damascus last month.

But Obama so far has failed to win support for intervention both at home and abroad. The U.S. Congress is set to hold votes on authorizing limited strikes into Syria as soon as Wednesday.

Prices also dipped on the heels of a disappointing jobs report. The U.S. government said Friday that employers added 169,000 jobs in August, below expectations. On top of that, July's figure was corrected downward from an earlier estimate of 162,000 jobs to 104,000 jobs, the fewest in over a year.

Brent, the benchmark for international crudes, fell 2 cents to $116.10 per barrel on the ICE Futures exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline fell 1 cent to $2.8441 per gallon.

— Natural gas rose 2.1 cents to $3.551 per 1,000 cubic feet.

— Heating oil fell marginally to $3.1636 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?