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Fort Worth to consider adopting 15-year Cavile Place redevelopment plan

The 300-unit Cavile Place housing project in Southeast Fort Worth would be razed and replaced in phases, with a significant number of the units redistributed into the neighborhood.

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Residential land at Chisholm Trail Ranch purchased

Stratford Land, Legacy Capital Co. and the Walton Group of Cos. have snapped up 268 acres of residential land at Chisholm Trail Ranch in Fort Worth.

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Fort Worth payment processor acquired by pension plan group

Fort Worth-based First American Payment Systems has been acquired by an investor group led by the Ontario Teachers’ Pension Plan (Teachers’), with participation of members of the First American management team.

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Texas adds 19,100 nonfarm jobs in June; Fort Worth-Arlington jobless rate 5.3 percent

Seven of Texas' 11 major industry segments added jobs in June, the Texas Workforce Commission reported.

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Fort Worth council members approve Cavile Place redevelopment plan

The vote kicks off what officials say will be a 10-15-year implementation.

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American Airlines plans to hire 1,500 pilots
 

FORT WORTH, Texas (AP) — American Airlines says it will hire 1,500 pilots over the next five years.

That's in addition to recalling all of the airline's pilots who have been furloughed.

American plans to start recruiting new pilots this fall. It's already hiring 1,500 new flight attendants.

Airlines have resumed hiring pilots in part because a large number are hitting a new mandatory retirement age of 65. The age was raised from age 60 a little over five years ago.

American earned $71 million in August, after losing $82 million a year earlier. Revenue rose 7 percent to $2.34 billion.

American wants to exit bankruptcy protection in a merger with US Airways Group Inc. First it needs to get past an antitrust lawsuit filed by the Justice Department. A trial is planned for November.

 

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Training camp is starting this week. How will the Dallas Cowboys do this season?