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Dallas Fed's Fisher, Philadelphia Fed leaders to retire in 2015

WASHINGTON — The outspoken president of the Federal Reserve Bank of Philadelphia will step down in March, shortly before the central bank is expected to raise interest rates for the first time since the recession, the regional bank said Monday.

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RadioShack sees stock jump on investment report

Fort Worth-based RadioShack saw its stock increase as much as 45 percent on Friday as investor Standard General LP said it was continuing talks on new financing for the electronics retailer.

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Fort Worth couple gets in 'Shark Tank,' comes out with deal

A Fort Worth couple who started a business when they couldn’t sleep, were the first entrepreneurs to get a deal on ABC’s Shark Tank in the season premiere on Sept. 26.

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Internal audit says EPA mismanaged Fort Worth project

FORT WORTH, Texas (AP) — An internal audit by the U.S. Environmental Protection Agency reveals the agency mismanaged an experiment using new ways to demolish asbestos-ridden buildings.

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Weatherford's Wild Mushroom to open in Fort Worth's Ridglea Village

Weatherford restaurant staple The Wild Mushroom Steak House & Lounge will be coming to Fort Worth in November, moving into the former site of Ray’s Steakhouse at to 3206 Winthrop Ave. in the Ridglea Village Shopping Center.

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Oil hangs above $94 ahead of US jobs report

BANGKOK (AP) — Oil was little changed near $94 a barrel Friday despite a pickup in China's trade as investors awaited a U.S. jobs report.

Benchmark crude for December delivery was up 20 cents at $94.40 a barrel at early afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract fell 60 cents to $94.20 on Thursday after the dollar rose on an unexpected European Central Bank rate cut and OPEC forecast rising oil supplies in coming years.

A possible sign that demand for oil could increase came from China where October trade data showed growth in overall imports accelerating.

But the broader backdrop of ample supplies and muted demand, which has driven a monthlong slide in the oil price, continues to prevail.

A report on U.S. hiring for October due later Friday is expected to show employment growing a modest pace.

Brent crude, the international benchmark for oil, was down 35 cents at $103.11 a barrel on the ICE exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline was little changed at $2.504 a gallon.

— Heating oil was steady at $2.839 a gallon.

— Natural gas was unchanged at $3.519 per 1,000 cubic feet.

 

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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?