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Hulen Pointe Shopping Center sold

Hulen Pointe Shopping Center, located in southwest Fort Worth on South Hulen Street one mile south of Hulen Mall, has been purchased by Addison-based Bo Avery with TriMarsh Properties for an undisclosed price.

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Fort Worth's TPG takes controlling interest in Hollywood, sports powerhouse

A Fort Worth firm has gone Hollywood.

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Downtown Fort Worth TIF reaches parking agreement with four garages

The TIF board will meet Oct. 29 to consider the agreements.

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Oil price drop goes unnoticed in Texas' Eagle Ford shale

CUERO, Texas — From her vantage point of the U.S. shale oil boom, Jill Potts doesn't see anything to worry about.

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Renovated Daniel-Meyer to put TCU basketball in the spotlight

You might say the Texas Christian University men’s basketball team was the sacrificial lamb in the university’s football-motivated move from the Mountain West Conference to the Big 12 Conference. The rising

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Oil prices dip as Iran's nuclear talks resume

KUALA LUMPUR, Malaysia (AP) — Oil prices fell Thursday as talks resumed between Iran and six powers to curb Tehran's nuclear program.

Benchmark U.S. crude for January delivery was down 20 cents to $93.65 a barrel at midafternoon Kuala Lumpur time in electronic trading on the New York Mercantile Exchange. The contract for December, which expired Wednesday, closed down 1 cent at $93.33.

A new round of Iran nuclear talks began in Geneva on Wednesday, with both sides indicating a first-step agreement was possible on a deal to roll back Iran's nuclear program in exchange for limited sanctions relief.

The U.S., Britain, France, Russia, China and Germany are offering a gradual easing of sanctions that have crippled Iran's economy, raising the possibility of an influx of Iranian oil into world markets at a time of already abundant supplies.

At the same time, signs that the Federal Reserve may wind down its $85 billion monthly bond purchases also bogged sentiment.

Minutes of the Fed last meeting showed members agreed they would likely start tapering stimulus in coming months if the job market improved further. The Fed's bond purchases have kept long-term borrowing rates low to spur spending and growth.

Brent crude, the benchmark for an international variety of crude, fell 19 cents to $107.87 a barrel on the ICE futures exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline eased 0.4 cent to $2.642 gallon.

— Heating oil dipped 0.3 cent to $2.95 a gallon.

— Natural gas was flat at $3.674 per 1,000 cubic feet.

 

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