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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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Devon, Crosstex merging, create new midstream co.

 

DALLAS (AP) — Devon Energy Corp. has reached an agreement with Crosstex Energy Inc. and Crosstex Energy LP to combine assets and form a new midstream business.

The planned merger announced Monday involves pipelines, processing and logistics operations.

Devon is an independent oil and gas exploration and production company based in Oklahoma City. Dallas-based Crosstex offers energy services and infrastructure.

No name was immediately released for the new company, which will have about 7,300 miles of pipelines, 13 processing plants, plus terminals and storage. Devon will own 70 percent of the new company, to be based in Dallas. The Crosstex name will be dropped.

Crosstex CEO Barry Davis, who'll be chief executive officer of the new company, said Tuesday that no layoffs are planned.

The deal is expected to close in early 2014.
 

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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?