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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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20 from Dallas-Fort Worth on Forbes wealthiest list

There are 20 Dallas-Fort Worth residents listed among the 400 richest Americans, according to the Forbes 400 list of The Richest People in America 2014.

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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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Texas Wesleyan acquires two strip shopping centers on East Rosedale

Texas Wesleyan University has purchased two strip shopping centers on East Rosedale Street across from its Southeast Fort Worth campus, the university’s president said Friday.

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Oil marks time near $101 as supply figures awaited

BANGKOK (AP) — Oil marked time near $101 a barrel Friday as traders awaited the release of official figures on U.S. stockpiles.

U.S. benchmark crude for November delivery was up 19 cents at $100.86 a barrel at midafternoon Bangkok time in electronic trading on the New York Mercantile Exchange.

The contract dropped $1.62 to $100.67 on Thursday as investors assessed the economic impact of the 16-day government shutdown that ended after an eleventh hour budget deal late the day before.

With the regular supply report from the Energy Department postponed this week by the shutdown, traders took cues from the industry-funded American Petroleum Institute instead. The API said that U.S. stocks of crude oil rose by 5.9 million barrels last week, about twice the build expected by analysts and suggesting demand might have been reduced by the shutdown.

The Energy Information Administration figures, which are considered more reliable, will be released on Monday.

Brent crude, the international benchmark, was up 15 cents at $109.26 a barrel on the ICE futures exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline rose 0.5 cent to $2.639 a gallon.

— Natural gas dropped 2.2 cents to $3.735 per 1,000 cubic feet.

— Heating oil added 0.7 cent to $2.995 a gallon.

 

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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?