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T&P Warehouse: Historic building remains in limbo as area redevelops

For years, the historic T&P Warehouse on West Lancaster Avenue downtown, built in 1931 to house freight for the Texas Pacific Railway, has sat vacant and deteriorating.

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Susan Halsey, Fort Worth attorney, business leader, dies

Susan Halsey, a Fort Worth attorney who was also a community and business leader, died on Friday, Dec. 19. Halsey, 55, was chairman for the Fort Worth Chamber of Commerce in 2013-2014, leading the chamber during a year

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Heating up: West Lancaster corridor projects moving forward

West Lancaster Avenue through downtown Fort Worth is heating up, with planners envisioning a lively mixed-use corridor that extends the central business district further south.

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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.

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Cousins Properties to sell 777 Main tower in downtown Fort Worth

Cousins Properties Inc. has confirmed plans to sell the 777 Main office tower in downtown Fort Worth, according to a news release from the Atlanta-based real estate investment firm.

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Oil near $102 as supplies grow, US deadline looms

BANGKOK (AP) — Oil hovered near $102 a barrel Monday, its gains tempered by a forecast of ample growth in supplies and a looming deadline for lawmakers to agree on lifting the U.S. borrowing limit.

Benchmark crude for November delivery was up 43 cents at $102.45 a barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract fell 99 cents Friday to close at $102.02 and lost $1.82 or 1.8 percent for the week.

In its latest quarterly oil market report, the International Energy Agency predicted strong growth in non-OPEC supplies of crude oil.

The Paris-based IEA said Friday that the United States would overtake Russia next year as the largest non-OPEC producer of liquid fuels, a category that includes other fuels on top of crude oil.

Traders are also watching the latest turns in the debt debate in Washington. The price of oil has swung back and forth for days as lawmakers try to resolve an impasse that left the government partially closed and the markets worried about the U.S. defaulting on its debt for the first time.

There was no agreement over the weekend. Failure to raise the U.S. borrowing limit by Thursday could result in a default on government bond interest payments, undermining the credibility of assets that are prized as collateral by banks worldwide and crucial to the functioning of the financial system.

Brent crude was down 5 cents at $110.28 on the ICE futures exchange in London.

In other energy futures trading on Nymex:

— Natural gas rose 5.3 cents to $3.829 per 1,000 cubic feet.

— Wholesale gasoline added 0.1 cent to $2.654 a gallon.

— Heating oil gained 0.9 cent to $3.044 a gallon.

 

 

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Did the College Football Playoff Committee get it right?