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Two from Fort Worth appointed by Gov. Abbott to university boards

Steve Hicks, a University of Texas System regent who has been a vocal opponent of regents who have criticized the system’s flagship campus in Austin, was reappointed to the board by Gov. Greg Abbott on Thursday. 

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Fort Worth draws closer to deal with Lancaster developer

City staff are planning to introduce the developer Feb. 3 at a meeting of the City Council's Housing and Economic Development Committee.

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Compass BBVA names Happel CEO for Fort Worth

BBVA Compass has appointed Brian Happel, most recently the Fort Worth city president, its chief executive officer of Fort Worth.

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Fort Worth minority business receives nationwide grant

Cuevas Distribution Inc., a minority- and woman-owned business in Fort Worth, is one of 20 small businesses nationwide to receive a $150,000 grant from Chase as part of the Mission Main Street program.

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Arlington's Entertainment District moves forward

Arlington is moving closer to developing its Entertainment District north of AT&T Stadium.

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Oil becalmed near $102 as US debt deal awaited

BANGKOK (AP) — Oil was becalmed near $102 a barrel Tuesday as U.S. lawmakers tried to hammer out an agreement to raise the government's borrowing limit and avoid a possible default.

Benchmark crude for November delivery was down 4 cents to $102.37 a barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract gained 39 cents to close at $102.41 on Monday.

The oil price has swung back and forth for days as lawmakers attempt to resolve an impasse that has left the government partially closed and the markets worried about the U.S. defaulting on its debt for the first time. The U.S. has to increase the amount of debt it can sell by Oct. 17

Brent crude, the benchmark used to set prices for international crudes used by many U.S. refineries, was down 22 cents at $110.02 on the ICE futures exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline was steady at $2.649 a gallon.

— Natural gas rose 2.2 cents to $3.842 per 1,000 cubic feet.

— Heating oil added 0.2 cent to $3.033 a gallon.

 

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