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Group buys former Armour meatpacking site in Stockyards

The 16.8-acre site of the historic, former Armour meatpacking plant in Fort Worth’s Stockyards has changed hands, and its new owners aren’t saying anything about their plans. Chesapeake Land Development Co., which bought the site

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Dallas-Fort Worth in top five commercial real estate markets in 2015

According to the Emerging Trends in Real Estate 2015 report, just co-published by PwC US and the Urban Land Institute (ULI), Dallas-Fort Worth ranks No. 5, with two other Texas cities, Houston and Austin ranking at No. 1 and 2 respectively. San Francisco ranks No. 3 and Denver No. 4.

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Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

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Ski Grand Prairie? TCU, UTA grad helping bring snow to Metroplex

For Levi Davis last week may have been a career peak, in more ways than one.

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GE rises most in year with equipment order increases, including at Fort Worth locomotive unit

NEW YORK — General Electric Co. beat analysts' profit estimates in the third quarter as Chief Executive Officer Jeffrey Immelt squeezed more costs from the manufacturing units.

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Airlines say US case against big merger is flawed

WASHINGTON (AP) — American Airlines and US Airways say that the government's opposition to their planned merger shows that it doesn't understand the airline industry.

The airlines said in court filings late Tuesday that the U.S. Justice Department's analysis of the merger ignores competition that now exists from low-cost carriers such as Southwest. American says that the government instead relies on "anecdotes involving small numbers of passengers" and an idealized but outdated vision of the industry.

A trial on the government's lawsuit is scheduled to begin Nov. 25 in Washington.

The airlines raised familiar arguments in the filings to support the merger. They said that it would offer customers more flight options and improve competition by creating a stronger rival to the nation's biggest carriers, United and Delta.

The Justice Department and several states sued last month to block the merger, which would create the world's biggest airline. The government said the merger of American parent AMR Corp. and US Airways Group Inc. would reduce competition and lead to higher prices. It also said the combined carrier would have too much power at Reagan National Airport outside Washington.

The airlines complain that the government did not block several other airline mergers in the past decade. The Justice Department considers that irrelevant. The government says American and US Airways are doing well enough to succeed without merging, which the airlines say is a shortsighted view. US Airways says that the two companies lost $13.7 billion in the last 12 years.

The airlines had until Tuesday to file responses to the latest version of the government's lawsuit.
 

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