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Trademark closes on 63-acre Waterside site in Fort Worth

Construction begins Oct. 20 on the development, to be anchored by a Whole Foods Market.

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UPDATE: $215M hotel, indoor ski project planned for Grand Prairie

Officials in Grand Prairie are expected later today to announce a $215 million project that will include a Hard Rock Hotel and an indoor ski facility.

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Two Fort Worth council members propose temporary single-family moratorium around TCU

The moratorium would apply to new permits for single-family homes around TCU, and give the city time to figure out what to do with a controversial proposed overlay in several neighborhoods around the university.

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Fresh Ebola fears hit airline stocks

DALLAS (AP) — News that a nurse diagnosed with Ebola flew on a plane full of passengers raised fear among airline investors that the scare over the virus could cause travelers to avoid flying.

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Landscape architect behind several TCU landmarks acquired

The Dallas design firm behind several Texas Christian University projects, as well as Globe Life Park in Arlington and AT&T Stadium, has been acquired by Rvi Planning + Landscape Architecture.

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Crude oil, other commodities rise on US debt deal

The Associated Press

 

NEW YORK (AP) — Crude oil and other commodities rose Wednesday after the Senate agreed to a deal that would avoid a U.S. default and reopen the government after a partial shutdown of 16 days.

Oil for November delivery rose $1.08, or 1.1 percent, to $102.29 a barrel on the New York Mercantile Exchange. Most other energy futures rose.

Stocks and bonds rallied after Senate leaders announced they had reached a compromise on extending the government's borrowing authority and reopening the government. Energy futures also rose as a potential threat to U.S. financial markets and the economy appeared to wane.

Congress raced to pass the legislation Wednesday ahead of a Thursday deadline after which the government would exhaust its ability to borrow money to pay its bills, putting the U.S. at risk of defaulting on its debt.

In other energy trading, wholesale gasoline rose 4 cents to $2.70 a gallon, natural gas fell 2 cents to $3.77 per 1,000 cubic feet and heating oil gained 2 cents to $3.04 a gallon.

Gold for December delivery edged up $9.10 to $1,282.30 an ounce. Other metals futures also rose.

December silver rose 17.4 cents to $21.365 an ounce, January platinum rose $14.80 to $1,398.20 an ounce and December palladium rose $7.25 to $713.55 an ounce.

High-grade copper for December delivery was unchanged at $3.308 a pound.

Crop futures ended mixed.

December wheat fell 4.25 cents to $6.815 a bushel, December corn fell three-quarters of a cent to $4.4275 a bushel and November soybeans fell 9.5 cents to $12.765 a bushel.

 

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