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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 above $97 as China manufacturing improves

BANGKOK (AP) — Stronger Chinese manufacturing pushed the price of oil higher Thursday but gains were kept in check by plentiful supplies.

Benchmark U.S. crude for December delivery was up 65 cents at $97.51 a barrel at midafternoon Bangkok time in electronic trading on the New York Mercantile Exchange.

The contract fell $1.44 to $96.86 on Wednesday after the Energy Information Administration said U.S. oil inventories rose by 5.2 million barrels last week, a possible symptom of subdued demand and overproduction. The rise in stockpiles followed a 4 million barrel increase in the previous week.

The price of crude has fallen about 5 percent over the past week to its lowest levels since June. But it got a lift Thursday from a survey that showed China's manufacturing rose to a seven month high in October, suggesting continued momentum for the recovery in the world's second-biggest economy.

The preliminary version of HSBC's purchasing managers' index rose to 50.9 from September's 50.2 on a 100-point scale on which numbers above 50 indicate expansion.

Output, new orders and new export orders all increased at a faster rate, according to the survey, which is based on 85-90 percent of responses from 420 factories.

Brent crude was up 31 cents at $108.11 a barrel on the ICE futures exchange in London.

In other energy futures trading on the Nymex:

— Wholesale gasoline added 1 cent to $2.553 a gallon.

— Natural gas fell 1.1 cents to $3.608 per 1,000 cubic feet.

— Heating oil shed 0.7 cent to $2.929 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?