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26-story mixed-use tower planned at Taylor & Fifth in downtown Fort Worth

Jetta Operating Co., a 24-year-old privately held oil and gas company in Fort Worth, and a related entity plan a 26-story mixed-use tower downtown at Taylor and Fifth streets on a site once owned by the Star-Telegram.

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UPDATE: Six candidates file for two Water Board seats

Six candidates have filed for the two open seats on the Tarrant Regional Water Board, setting up a battle that could potentially shift the balance of power on the board and the priorities of one of the largest water districts in Texas.

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Fort Worth breaks ground on $8.6 million South Main renovation

Fort Worth Near Southsiders and city officials broke ground Monday on the 18-month rebuild of South Main Street between Vickery Boulevard and West Magnolia Avenue.

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First restaurant tenant named for Waterside development

Zoes Kitchen will be the first restaurant tenant in Trademark Property's Whole Foods Market-anchored Waterside development in southwest Fort Worth,

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Fort Worth Chamber names Small Business of the Year winners

A trampoline recreation business; an oilfield services company; a longtime aviation maintenance firm; a maker of electrical wiring harnesses. Those were the wide variety of businesses that received the 2015 Small Business of the Year Award from the Fort Worth Chamber of Commerce.

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Oil extends losses below $97 on high supplies, Fed

BANGKOK (AP) — Oil extended losses below $97 a barrel Thursday, dragged down by plentiful supplies and the prospect of less U.S. monetary stimulus.

Benchmark U.S. crude for December delivery was down 16 cents at $96.61 a barrel at midafternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract dropped $1.43, or 1.5 percent, to close at $96.77 on Wednesday.

The drop followed an Energy Department report which showed an increase of 4.1 million barrels in crude oil stocks last week. Over five weeks, supplies have risen by more than 25 million barrels, suggested muted demand.

The outcome of a two-day meeting of the Federal Reserve's policy committee added to the pressure on oil prices. The Fed kept its mammoth monetary stimulus in place. But the central bank's positive tone on the economy indicated that it might be prepared to slow its bond purchases by early next year, sooner than some have assumed.

The withdrawal of stimulus would result in higher interest rates and a stronger U.S. dollar, making oil more expensive for holders of other currencies.

Brent crude, a benchmark for international crude also used by U.S. refineries, was down 25 cents to $109.61 on the ICE exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline fell 1 cent to $2.612 a gallon.

— Heating oil shed 0.5 cent to $2.9722 a gallon.

— Natural gas rose 3.2 cents to $3.652 per 1,000 cubic feet.

 

 

 

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