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Trademark closes on 63-acre Waterside site in Fort Worth

Construction begins Oct. 20 on the development, to be anchored by a Whole Foods Market.

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UPDATE: $215M hotel, indoor ski project planned for Grand Prairie

Officials in Grand Prairie are expected later today to announce a $215 million project that will include a Hard Rock Hotel and an indoor ski facility.

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Two Fort Worth council members propose temporary single-family moratorium around TCU

The moratorium would apply to new permits for single-family homes around TCU, and give the city time to figure out what to do with a controversial proposed overlay in several neighborhoods around the university.

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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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Oil prices down as Libya plans to resume output

KUALA LUMPUR, Malaysia (AP) — Oil prices were subdued Friday amid the possibility of new supplies from the Middle East after a Libyan militia said oil terminals could reopen.

Benchmark U.S. crude for January delivery was down 9 cents to $97.41 a barrel at mid-afternoon Kuala Lumpur time in electronic trading on the New York Mercantile Exchange. The contract rose 6 cents on Thursday to settle at $97.50. Brent crude, a benchmark for international oils, eased 4 cents to $108.34 a barrel on the ICE exchange in London.

The Libyan militia that shut down most of the country's oil terminals for months has said the terminals will reopen Dec. 15. Libya has been losing millions of dollars every day after production dropped from 1.4 billion barrels a day to a few thousand since the closure.

Libya has said it hopes to increase output to 2 million barrels a day once unrest ebbs. OPEC members may have to reduce their production to keep prices from dropping sharply and hurting oil revenues that underpin their economies.

The Libyan news added to a picture of falling fuel demand in the U.S. after the Energy Department said gasoline and distillate supplies rose last week by more than three times the amount analysts were expecting.

In other energy futures trading on the Nymex:

— Wholesale gasoline was barely changed at $2.637 a gallon.

— Heating oil was little changed at $2.98 gallon

— Natural gas dropped 4.3 cents to $4.366 per 1,000 cubic feet.

 

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