Join The Discussion

 

Moves by Jeb Bush add to talk of 2016 candidacy

WASHINGTON — Jeb Bush's decision to release a policy-laden e-book and all his emails from his time as governor of Florida has further stoked expectations among his allies that he will launch a presidential bid.

read more >

Ebby Halliday acquires Fort Worth’s Williams Trew

Williams Trew Real Estate of Fort Worth has been acquired by Dallas-based residential real estate brokerage Ebby Halliday Real Estate Inc.

read more >

Taking the Cake: Sundance had pursued Cheesecake Factory for many years

The Cheesecake Factory had been on the white board over at Sundance Square management for some time

read more >

Fort Worth businessman to lead Abbott, Patrick inauguration efforts

Fort Worth businessman Ardon Moore will chair the committee running inauguration festivities for Gov.-elect Greg Abbott and Lt. Gov.-elect Dan Patrick in January, it was announced on Friday.   Moore, president of Lee M. Bass Inc. in Fort Worth, is a vice chairman of the University of Texas Investment

read more >

Meridian Bank Texas parent acquired by UMB Financial for $182.5M

Kansas City, Mo.-based UMB Financial Corp., the parent company of UMB Bank, said Dec. 15 it has signed a definitive agreement to acquire Marquette Financial Companies in an all-stock transaction.

read more >

Oil rebounds slightly after falling to nearly $103


PAMELA SAMPSON, AP Business Writer

BANGKOK (AP) — The price of oil rose Wednesday, bouncing back slightly after a string of losses.

Benchmark oil for November delivery was up 24 cents to $103.37 per barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract fell 46 cents to finish at $103.13 a barrel on Tuesday, the lowest close since July 30. Oil has dropped 6.7 percent since closing at a two-year high of $110.53 on Sept. 6.

Just a few weeks ago, President Barack Obama was considering launching a military strike against Syria to retaliate for a chemical weapons attack on Aug. 21 that the U.S. blamed on Bashar Assad's regime. But a U.S.-Russia deal to put Syria's chemical weapons under international control averted military action, at least for now.

Obama has called on the U.N. Security Council to pass a resolution that would enforce consequences on Syrian President Bashar Assad if he fails to follow the U.S.-Russian deal to turn his chemical weapon stockpiles.

The U.S. Commerce Department is set to release durable goods and new home sales for August later in the day. The most recent data from the world's largest economy gave a mixed picture. One report Tuesday showed that home prices rose the most in more than seven years in July. Another showed that Americans' confidence in the economy slipped in September.

Investors are also remaining cautious as Congress in Washington gears up for a budget fight. Failure to reach an agreement could make it impossible for the government to pay some of its bills.

Still, Carl Larry of Oil Outlooks and Opinions said that despite some seemingly negative news, including the threat of a government shutdown, now "is a damn good time to buy crude oil on the cheap."

Brent crude, the benchmark for international crudes used by many U.S. refineries, rose 23 cents to $108.87 a barrel on the ICE Futures exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline fell 0.3 cent to $2.644 per gallon.

— Natural gas rose 2.2 cents to $3.514 per 1,000 cubic feet.

— Heating oil fell 0.3 cent to $2.963 per gallon.

 

 

< back

Email   email
hide
TCU/Baylor
Did the College Football Playoff Committee get it right?