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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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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says that the government instead relies on "anecdotes involving small numbers of passengers" and an idealized but outdated vision of the industry.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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What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?