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Ice cancels flights, snarls traffic; snow in North Texas forecast

DALLAS (AP) — More wintry weather was expected across parts of North Texas through Wednesday.

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Einstein Bagels closing two Tarrant locations

Einstein Bagels is closing two Tarrant County locations, part of a series of 39 closings around the country, according to the company’s owners, JAB Holding Co.

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Berkshire Hathaway company acquires Fort Worth firm

M&M Manufacturing, a producer of sheet metal products for the air distribution and ventilation market based in Fort Worth, has been acquired by MiTek Industries Inc., a subsidiary of Warren Buffett’s Berkshire Hathaway Inc.,

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Plans for Grand Prairie indoor ski resort, Hard Rock Hotel evaporate

Plans for a $215 million indoor ski resort and Hard Rock Hotel in Grand Prairie have been shelved. Sherman Thurston, a member of the development team, sent a

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Top area CFOs honored

The Fort Worth Business Press honored 13 area chief financial officers today with a luncheon at the Fort Worth Club.

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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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