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Dallas Fed's Fisher, Philadelphia Fed leaders to retire in 2015

WASHINGTON — The outspoken president of the Federal Reserve Bank of Philadelphia will step down in March, shortly before the central bank is expected to raise interest rates for the first time since the recession, the regional bank said Monday.

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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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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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Weatherford's Wild Mushroom to open in Fort Worth's Ridglea Village

Weatherford restaurant staple The Wild Mushroom Steak House & Lounge will be coming to Fort Worth in November, moving into the former site of Ray’s Steakhouse at to 3206 Winthrop Ave. in the Ridglea Village Shopping Center.

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Airlines dealt setback in merger-lawsuit trial

 

DAVID KOENIG, AP Airlines Writer


DALLAS (AP) — A court-appointed official says American Airlines and US Airways shouldn't get to know the names of all the people that the government interviewed and what they said before the Justice Department sued to block the airlines' proposed merger.

The official, called a special master, recommended Thursday that the federal judge hearing the case reject the airlines' request.

The official said that the airlines were trying to learn what facts mattered to the government, which he said could give them insight into the thinking and legal strategy of the Justice Department lawyers. He said that kind of information is protected as the work product of lawyers preparing for a lawsuit or trial.

American and US Airways issued a statement saying that they were reviewing the recommendation to U.S. District Judge Colleen Kollar-Kotelly.

"We are confident in our legal position and our ability to win this case," the airlines said.

The companies were close to completing their deal and creating the world's biggest airline when the Justice Department filed an antitrust lawsuit in August. The government said that the merger would limit competition and lead to higher prices.(backslash)

A trial is scheduled to start Nov. 25 in Washington.

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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?