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Fresh Ebola fears hit airline stocks

DALLAS (AP) — News that a nurse diagnosed with Ebola flew on a plane full of passengers raised fear among airline investors that the scare over the virus could cause travelers to avoid flying.

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Landscape architect behind several TCU landmarks acquired

The Dallas design firm behind several Texas Christian University projects, as well as Globe Life Park in Arlington and AT&T Stadium, has been acquired by Rvi Planning + Landscape Architecture.

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Fort Worth launching Stockyards design task force

The task force, to be chaired by the Fort Worth architect Eric Hahnfeld, would be responsible for confirming the boundaries of the city's planned Stockyards design district and reviewing the work of a consultant.

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Fort Worth council approves tax abatement for Sprouts grocery in Ridglea

The abatement would be to VCB Property, which also won an abatement to build a strip retail center.

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GE rises most in year with equipment order increases, including at Fort Worth locomotive unit

NEW YORK — General Electric Co. beat analysts' profit estimates in the third quarter as Chief Executive Officer Jeffrey Immelt squeezed more costs from the manufacturing units.

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Oil near $97 after rise in US gasoline supplies

The Associated Press

Oil prices continued to drop Thursday after the U.S. government reported a large buildup in supplies of gasoline and diesel.

Benchmark U.S. oil for January delivery was down 7 cents to $97.37 in electronic trading on the New York Mercantile Exchange.

The contract fell $1.07 to close at $97.44 on Wednesday after the U.S. Energy Department's report on supplies. Anticipation of a fall in supplies had earlier driven prices up to a six-week high.

Gasoline supplies rose by 6.7 million barrels, the Energy Department said, while distillate supplies including diesel increased by 4.5 million barrels in the week ended Dec. 6.

Both increases were more than three times what analysts were expecting, raising the possibility that refiners would slow production and purchases of oil in the coming weeks.

The fuel increases overshadowed a huge decline in crude oil supplies of 10.6 million barrels.

Brent crude, a benchmark for international oils, was up 4 cents at $109.74 a barrel on the ICE exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline was flat at $2.66 a gallon.

— Heating oil barely budged at $3.02 a gallon

— Natural gas rose 2.9 cents to $4.366 per 1,000 cubic feet.

 

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