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Bridge collapse on I-35 north of Austin

SALADO, Texas (AP) — Emergency crews are responding to a reported bridge collapse along an interstate in Central Texas.

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Amazon begins Prime Now program in Dallas area

If you just have to have it now, as in one hour, you can, at least in the Dallas area, as Amazon.com Inc. announced Thursday it will offer Prime Now.

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Monty Bennett: Businessman, water district activist

Monty Bennett’s name will not appear on the ballot for the Tarrant Regional Water District board of directors yet he remains a powerful backstage player whose influence could shape the direction of the district’s business for years to come.

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Westchester Plaza manager says "business as usual" for now

The future of a redevelopment plan for the 50-year-old Westchester Plaza on Fort Worth's Near Southside is unclear.

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Texas jobless rate falls as employers add workers

Texas unemployment fell to 4.3 percent during February for the sixth straight month of declines, the Texas Workforce Commission reported 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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