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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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20 from Dallas-Fort Worth on Forbes wealthiest list

There are 20 Dallas-Fort Worth residents listed among the 400 richest Americans, according to the Forbes 400 list of The Richest People in America 2014.

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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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Texas Wesleyan acquires two strip shopping centers on East Rosedale

Texas Wesleyan University has purchased two strip shopping centers on East Rosedale Street across from its Southeast Fort Worth campus, the university’s president said Friday.

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New Obama adviser will not work on Keystone XL

 

MATTHEW DALY, Associated Press


WASHINGTON (AP) — A new senior adviser to President Barack Obama will recuse himself from deliberations on the Keystone XL oil pipeline, the White House said Wednesday.

John Podesta, a former chief of staff under President Bill Clinton, has spoken out against the pipeline, which would carry oil derived from tar sands in western Canada to refineries in Texas. Podesta founded the Center for American Progress, a liberal think tank that opposes the pipeline.

Podesta's hiring cheered environmental groups, who say the $7 billion project would be a major contributor to global warming. They also worry about spills of tar sands oil, which is heavier than conventional oil.

Some Keystone supporters, including Sen. John Hoeven, R-N.D., expressed alarm, calling Podesta's inclusion in Obama's inner circle a possible death-knell for the pipeline. Backers say the project would create thousands of jobs and boost North American energy independence.

The White House says Podesta suggested that he not work on Keystone because his views are well-known.

Obama is expected to decide early next year on Keystone, which is under review at the State Department.

The White House said earlier this week that Podesta will serve a one-year post as counselor to focus on energy and climate change issues.
 

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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?