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Ice cancels flights, snarls traffic; snow in North Texas forecast

DALLAS (AP) — More wintry weather was expected across parts of North Texas through Wednesday.

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Riverside: Developer sees revitalization with apartments, townhomes driving commercial projects

A Dallas developer is seeking to rezone more than 18 acres in Fort Worth’s Riverside area overlooking Oakhurst Scenic Drive, the Trinity River and downtown, with plans to build as many as 400 apartments and townhomes aimed at renters who want to live in or near the central city. D

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Einstein Bagels closing two Tarrant locations

Einstein Bagels is closing two Tarrant County locations, part of a series of 39 closings around the country, according to the company’s owners, JAB Holding Co.

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Dallas developer confirmed to build Walsh Ranch in west Fort Worth

Dallas-based Republic Property Group has been chosen to lead Walsh Ranch development as the 7,200-acre residential community takes shape in west Fort Worth.

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Berkshire Hathaway company acquires Fort Worth firm

M&M Manufacturing, a producer of sheet metal products for the air distribution and ventilation market based in Fort Worth, has been acquired by MiTek Industries Inc., a subsidiary of Warren Buffett’s Berkshire Hathaway Inc.,

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Oil hovers below $94 ahead of US supplies report

BANGKOK (AP) — Oil hovered below $94 a barrel Wednesday ahead of a report expected to show another increase in U.S. crude stockpiles.

Benchmark U.S. crude for December delivery was up 42 cents at $93.78 a barrel at midafternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract slid $1.25 to $93.37 on Tuesday, adding to a month-long slide.

Crude is down about 10 percent since closing at $104.10 on October 2.

U.S. crude stockpiles have increased in each of the past six weeks, mostly because of rising domestic production, and were more than 10 percent above their five-year average near the end of October.

Energy Information Administration figures for the week ending Nov. 1 due Wednesday are expected to show a further increase of 2.5 million barrels, according to a survey of analysts by Platts, the energy information arm of McGraw-Hill Cos.

Brent crude, the international benchmark, was up 65 cents at $105.98 a barrel on the ICE exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline added 3.4 cents to $2.55 a gallon.

— Heating oil rose 2 cents to $2.884 a gallon.

— Natural gas gained 1.3 cents to per $3.479 per 1,000 cubic feet.

 

 

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