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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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Amazon begins Prime Now program in Dallas area

If you just have to have it now, as in one hour, you can, at least in the Dallas area, as Amazon.com Inc. announced Thursday it will offer Prime Now.

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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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Texas jobless rate falls as employers add workers

Texas unemployment fell to 4.3 percent during February for the sixth straight month of declines, the Texas Workforce Commission reported Friday.

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Westchester Plaza manager says "business as usual" for now

The future of a redevelopment plan for the 50-year-old Westchester Plaza on Fort Worth's Near Southside is unclear.

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Oil above $97 on expectations US supplies fell

KUALA LUMPUR, Malaysia (AP) — The price of oil surged above $97 a barrel Wednesday on expectations U.S. crude stockpiles fell.

Benchmark U.S. crude for January delivery was up $1.16, or 1.2 percent, to $97.20 a barrel at midafternoon Kuala Lumpur time in electronic trading on the New York Mercantile Exchange. The contract rose $2.22 to $96.04 on Tuesday after TransCanada said the southern leg of its Keystone XL pipeline should be operational early next month.

The pipeline would move oil out of Cushing, Okla., the physical delivery point for futures on U.S. benchmark oil, to Port Arthur, Texas. That should lead to greater demand for the oil, which costs less than the crudes imported into the Gulf region.

Analysts said the U.S. energy department is expected to report Wednesday a fall in crude supplies after 10 consecutive weeks of gains, which might point to stronger demand.

U.S. stockpiles data for the week ended Nov. 29 is expected to show a decline of 1.25 million barrels in crude oil stocks and an increase of 2 million barrels in gasoline stocks, according to a survey of analysts by Platts, the energy information arm of McGraw-Hill Cos.

Investors are also looking to a meeting of the Organization of Petroleum Exporting Countries in Vienna on Wednesday for an update on production levels. OPEC is expected to keep intact its daily output target of 30 million barrels a day, although the group may come under pressure to reduce production if some supply sources currently experiencing disruptions return to normal.

Brent crude, a benchmark for international oils, rose 24 cents at $112.86 a barrel on the ICE exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline gained 2 cents to $2.744 a gallon.

— Heating oil was up 0.7 cent at $3.073 a gallon.

— Natural gas added 1.3 cents to $3.989 per 1,000 cubic feet.

 

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