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UPDATE: Could American Airlines move its headquarters?

A key linchpin in the Fort Worth economy, American Airlines Group Inc., is considering sites for a new headquarters, possibly outside the city, the airline’s CEO said this morning.

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Great Women of Texas honored

The Fort Worth Business Press held the Great Women of Texas event Wednesday night at the Omni Fort Worth Hotel. Stacie McDavid of McDavid Investments was honored as the

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Grocers, retailers flocking to Southlake

With its economic development engine revving at full throttle, Southlake is about to welcome several major retail and commercial projects that underscore its image

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Clip art: Cutting edge barbershop creates a buzz in Fort Worth

Jonathan Morris is on a mission to create a better grooming experience for men.

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Great Woman of Texas; Stacie McDavid

“I’ve always been a maverick in a number of ways,” says businesswoman and philanthropist Stacie McDavid.

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Oil near $97 before week of data, Fed meeting

BANGKOK (AP) — Oil hovered above $97 a barrel Monday, consolidating ahead of a week littered with U.S. economic reports and a Federal Reserve policy meeting.

Benchmark U.S. crude for December delivery was down 27 cents at $97.58 a barrel at midafternoon Bangkok time in electronic trading on the New York Mercantile Exchange.

The contract gained 74 cents to $97.85 on Friday but closed out the week with a 2.9 percent loss, largely due to signs of oversupply and muted demand.

U.S. data releases this week include September industrial production, retail sales, inflation and consumer confidence as well as a Fed policy meeting that could reinforce expectations that the central bank won't begin reducing its mammoth monetary stimulus until well into next year.

The expansion of the U.S. money supply is aimed at supporting economic recovery and reducing high unemployment but has also been a boon for investors in stocks and commodities. The timing of the stimulus withdrawal has become a matter of intense speculation in markets.

Brent crude, a benchmark for international crude also used by U.S. refineries, was up 47 cents at $107.40 on the ICE futures exchange in London.

In other energy futures trading on the Nymex:

— Wholesale gasoline was up 0.7 cent at $2.57 a gallon.

— Natural gas fell 0.8 cent to $3.628 per 1,000 cubic feet.

— Heating oil rose 0.9 cent to $2.918 a gallon.

 

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Midterms
What was the message of the midterm elections?