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Texas has old, new candidates to offer as presidential hopefuls

The Republican Party has long been riven between its establishment and conservative wings, a split that plays out every four years in the race for the White House.

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Two from Fort Worth appointed by Gov. Abbott to university boards

Steve Hicks, a University of Texas System regent who has been a vocal opponent of regents who have criticized the system’s flagship campus in Austin, was reappointed to the board by Gov. Greg Abbott on Thursday. 

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Fort Worth draws closer to deal with Lancaster developer

City staff are planning to introduce the developer Feb. 3 at a meeting of the City Council's Housing and Economic Development Committee.

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Compass BBVA names Happel CEO for Fort Worth

BBVA Compass has appointed Brian Happel, most recently the Fort Worth city president, its chief executive officer of Fort Worth.

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Two Fort Worth Baylor medical properties acquired

Baylor Surgical Hospital of Fort Worth and Baylor Surgical Hospital Integrated Medical Facility are among three facilities acquired by Carter Validus Mission Critical REIT II Inc.

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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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