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Super PAC Men: How political consultants took a Fort Worth oilman on a wild ride

The head of a Texas oil dynasty joined the parade of wealthy political donors, aiming to flip the Senate to Republicans. By the time consultants were done with him, the war chest was drained and fraud allegations were flying

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Bon Appétit: New French restaurant dishes out the finest in Fort Worth

Barely open six months, Le Cep, a contemporary French restaurant proffering fine dining, is stirring up Fort Worth’s culinary scene.

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Bridge collapse on I-35 north of Austin

SALADO, Texas (AP) — Emergency crews are responding to a reported bridge collapse along an interstate in Central Texas.

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Bombay Co.'s former HQ building purchased

The Bombay Co.’s former Fort Worth headquarters building has been sold, with private equity fund Diversified International Partners snapping up the seven-story, 122,828-square-foot structure at 550 Bailey St.

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Latin-inspired restaurant set to open in downtown Fort Worth

Downtown Fort Worth’s dining scene is about to get spicier with the opening of a new restaurant featuring Latin-inspired coastal cuisine.

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Oil rises on China's modest manufacturing growth

KUALA LUMPUR, Malaysia (AP) — Oil prices rose Monday as China's manufacturing growth held steady at a modest pace in November.

Brent crude, a benchmark for international oils, was up 44 cents to $110.13 a barrel at midafternoon Kuala Lumpur time on the ICE futures exchange in London.

Benchmark U.S. crude for January delivery added 48 cents to $93.34 a barrel in electronic trading on the New York Mercantile Exchange. The contract fell 41 cents to close at $93.68 on Friday.

Chinese manufacturing barely expanded in November, growing at about the same rate as the previous month, two surveys showed in evidence that growth in the world's No. 2 economy was continuing but at a modest pace.

HSBC's purchasing managers' index released Monday slipped to 50.8 from 50.9 in October. Although November's reading was little changed, HSBC said it was the second-highest level in eight months, indicating China's massive manufacturing industries are improving, though marginally.

The report comes a day after an official survey that found manufacturing activity was unchanged.

China's leaders are counting on a continuing recovery to avoid the need for further stimulus. China's economic growth rose to 7.8 percent in the third quarter after slumping to a two-decade low of 7.5 percent in the previous three months.

In other energy futures trading on Nymex:

— Wholesale gasoline added 1.3 cents to $2.676 a gallon.

— Heating oil rose 1.3 cents to $3.04 a gallon.

— Natural gas shed 2.4 cents to $3.93 per 1,000 cubic feet.

 

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