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T&P Warehouse: Historic building remains in limbo as area redevelops

For years, the historic T&P Warehouse on West Lancaster Avenue downtown, built in 1931 to house freight for the Texas Pacific Railway, has sat vacant and deteriorating.

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Susan Halsey, Fort Worth attorney, business leader, dies

Susan Halsey, a Fort Worth attorney who was also a community and business leader, died on Friday, Dec. 19. Halsey, 55, was chairman for the Fort Worth Chamber of Commerce in 2013-2014, leading the chamber during a year

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Heating up: West Lancaster corridor projects moving forward

West Lancaster Avenue through downtown Fort Worth is heating up, with planners envisioning a lively mixed-use corridor that extends the central business district further south.

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Meridian Bank Texas parent acquired by UMB Financial for $182.5M

Kansas City, Mo.-based UMB Financial Corp., the parent company of UMB Bank, said Dec. 15 it has signed a definitive agreement to acquire Marquette Financial Companies in an all-stock transaction.

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Cousins Properties to sell 777 Main tower in downtown Fort Worth

Cousins Properties Inc. has confirmed plans to sell the 777 Main office tower in downtown Fort Worth, according to a news release from the Atlanta-based real estate investment firm.

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China manufacturing stems oil fall, idles near $96

BANGKOK (AP) — Stronger Chinese manufacturing stemmed a three-day slide in the price of oil Friday.

Benchmark U.S. crude for December delivery was up 16 cents at $96.52 a barrel at early afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract fell 39 cents to close at $96.38 on Thursday. For October, oil sank 5.8 percent.

Ample supplies of crude have weighed on the price. The Energy Department said Wednesday that U.S. supplies increased 4.1 million barrels last week. Over five weeks, supplies have risen by more than 25 million barrels.

But a suggestion of stronger demand came Friday from two reports on Chinese manufacturing that showed an uptick in activity.

That suggests China's economic recovery could continue to strengthen after growth rebounded to 7.8 percent in the third quarter from a two-decade low in the previous quarter.

Brent crude, a benchmark for international crude also used by U.S. refineries, rose 47 cents to $109.31 a barrel on the ICE exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline rose 1.1 cents to $2.598 a gallon.

— Heating oil added 1.1 cent to $2.964 a gallon.

— Natural gas dropped 2.5 cents to $3.556 per 1,000 cubic feet.

 

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Did the College Football Playoff Committee get it right?