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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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Oil steadies near $94 after hitting 4-month low

BANGKOK (AP) — Oil steadied above $94 a barrel Monday after falling more than 7 percent in the past month on ample supplies and muted demand.

Benchmark U.S. crude for December delivery was up 8 cents at $94.69 at early afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract dropped $1.77 to a four-month low of $94.61 on Friday.

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

U.S. refineries are undergoing fall maintenance, which has crimped demand for crude.

"We are now at the nadir of the fall refinery maintenance season. Within the next couple of weeks demand will return to the market. To this effect, the return of refinery demand could help support values at current levels," Schork Report analysts said in an energy markets commentary.

Brent crude, a benchmark for international crude also used by U.S. refineries, was up 44 cents at $106.35 on the ICE futures exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline inched up 0.2 cent to $2.548 a gallon.

— Heating oil rose 0.7 cent to $2.889 a gallon.

— Natural gas shed 8.3 cents to $3.43 per 1,000 cubic feet.

 

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Did the College Football Playoff Committee get it right?