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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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Chesapeake lawsuit up for Fort Worth council action
 
 
A. Lee Graham
Reporter
 
The city of Fort Worth is expected to ratify its lawsuit against Chesapeake Operating Inc. and Total E&P (USA) Inc. that alleges improper cost deductions for production services, among other charges.
 
The issue is up for vote at this week’s regular council meeting. Pre-council begins at 8:30 a.m. Tuesday Oct. 22, with the regular meeting starting at 10 a.m. at City Hall, 1000 Throckmorton St.
 
Representing Fort Worth in the suit is Ralph Duggins, a partner with Cantey Hanger LLP. The move comes two months after the city of Arlington sued Oklahoma City-based Chesapeake as it seeks more than $1 million in damages.
 
Meanwhile, Fort Worth hopes to win damages for royalties due, as well as financial compensation of legal fees stemming from the lawsuit. Total E&P is listed in the suit because the French energy company owns some of Chesapeake’s former Barnett Shale holdings.
 
Similar claims were made in a federal lawsuit filed earlier this year against Chesapeake by Fort Worth developer Ed Bass and Trinity Valley School, among other landowners.
 

lgraham@bizpress.net

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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?