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Dallas Fed's Fisher, Philadelphia Fed leaders to retire in 2015

WASHINGTON — The outspoken president of the Federal Reserve Bank of Philadelphia will step down in March, shortly before the central bank is expected to raise interest rates for the first time since the recession, the regional bank said Monday.

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Ex Rangers manager Washington apologizes for 'breaking wife's trust'

IRVING, Texas (AP) — Former Texas Rangers manager Ron Washington says he is embarrassed for 'breaking his wife's trust.'

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Troubled RadioShack files SEC form, talks with 'major vendor'

RadioShack Corp.’s latest filing with the U.S. Securities and Exchange Commission describes recent discussions that “could be beneficial to the financial restructuring of the company.”

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REIT plans demolition of Fort Worth's Westchester Plaza, mixed-use redevelopment

The developer is seeking a $3.8 million reimbursement from the Southside tax increment finance district.

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Road Show: City leaders prepare campaign to corral votes for $450 million arena

Fort Worth’s biggest backers of a new arena at the Will Rogers Memorial Center are leaving little to the chance of a “no” vote in a citywide election Nov. 4 to decide on new fees that would fund 15 percent of the $450 million project.

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Boy Scouts are prepared to hire ex-CIA director Gates as president

 

CNN Staff

(CNN) -- The Boy Scouts of America have nominated former Defense Secretary and ex-Director of the Central Intelligence Agency Robert Gates to lead the organization, according to a Wednesday news release.

If approved by the Boy Scouts' national council, the Eagle Scout will begin a two-year term as president in May. The organization, which has about 2.6 million youth members, also elected Gates to its national executive board.

"There is no finer program for preparing American boys for citizenship and leadership than the Boy Scouts of America," Gates said in a statement. "I know firsthand how impactful this program can be, and I believe its mission is more important today than ever before."

Gates has long had a relationship with the organization. He is a past president of the National Eagle Scout Association and has been awarded the Silver Buffalo Award, for service to youth, and was named to the Order of the Arrow, "the highest mark of distinction and recognition for those with exceptional service and unselfish interests," according to the Irving-based Boy Scouts organization.

Wayne Brock, chief Scout executive, said the group was honored to have Gates as president-elect.

"I believe Dr. Gates' vision and passion for scouting will continue to allow the BSA to focus on delivering the nation's foremost youth program of character development and values-based leadership training to the young people of this nation," he said in the statement.

A former Texas A&M University president, Gates has served eight White House administrations and is the only career CIA officer to serve as the agency's director.

"Gates has been awarded the National Security Medal and the Presidential Citizens Medal, has twice received the National Intelligence Distinguished Service Medal, and has three times received the CIA's highest award, the Distinguished Intelligence Medal. On his last day in office as secretary of defense, Gates was awarded the nation's highest civilian award, the Presidential Medal of Freedom, by President Obama," the Boy Scouts release said.

The Kansas native received his bachelor's degree from the College of William and Mary, where he is chancellor, his master's degree in history from Indiana University, and his doctorate in Russian and Soviet history from Georgetown University. He and his wife, Becky, have two grown children.

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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?