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Group buys former Armour meatpacking site in Stockyards

The 16.8-acre site of the historic, former Armour meatpacking plant in Fort Worth’s Stockyards has changed hands, and its new owners aren’t saying anything about their plans. Chesapeake Land Development Co., which bought the site

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Fresh Ebola fears hit airline stocks

DALLAS (AP) — News that a nurse diagnosed with Ebola flew on a plane full of passengers raised fear among airline investors that the scare over the virus could cause travelers to avoid flying.

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Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

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Ski Grand Prairie? TCU, UTA grad helping bring snow to Metroplex

For Levi Davis last week may have been a career peak, in more ways than one.

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GE rises most in year with equipment order increases, including at Fort Worth locomotive unit

NEW YORK — General Electric Co. beat analysts' profit estimates in the third quarter as Chief Executive Officer Jeffrey Immelt squeezed more costs from the manufacturing units.

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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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