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Moves by Jeb Bush add to talk of 2016 candidacy

WASHINGTON — Jeb Bush's decision to release a policy-laden e-book and all his emails from his time as governor of Florida has further stoked expectations among his allies that he will launch a presidential bid.

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Ebby Halliday acquires Fort Worth’s Williams Trew

Williams Trew Real Estate of Fort Worth has been acquired by Dallas-based residential real estate brokerage Ebby Halliday Real Estate Inc.

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Meridian Bank Texas parent acquired by UMB Financial for $182.5M

Kansas City, Mo.-based UMB Financial Corp., the parent company of UMB Bank, said Dec. 15 it has signed a definitive agreement to acquire Marquette Financial Companies in an all-stock transaction.

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Cousins Properties to sell 777 Main tower in downtown Fort Worth

Cousins Properties Inc. has confirmed plans to sell the 777 Main office tower in downtown Fort Worth, according to a news release from the Atlanta-based real estate investment firm.

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Glen Garden sale closes, distillery on tap

Firestone & Robertson Distilling Co. closed late Wednesday on its purchase of the historic Glen Garden Country Club in southeast Fort Worth, with plans to convert it into a whiskey distillery and bucolic visitor attraction.

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Crude oil edges lower as Fed meeting in focus


The Associated Press

The price of oil edged lower Tuesday as investors waited to see whether or not the U.S. Federal Reserve would start reducing its economic stimulus program at a key policy meeting this week.

Benchmark U.S. crude for January delivery fell 2 cents to $97.46 a barrel in electronic trading on the New York Mercantile Exchange.

Brent crude, a benchmark for international oils, dipped 10 cents to 109.31 a barrel on the ICE exchange in London.

Investors are increasingly beginning to think that the U.S. Federal Reserve could decide to start scaling back its $85 billion in asset purchases at the meeting, which wraps up Wednesday. Such a pullback would likely result in the greenback strengthening, making commodities priced in dollars more costly for overseas investors, therefore cutting demand.

Expectations grew that the Fed would start reducing the program following some reports Monday indicating a strengthening U.S. economy. Factory output grew for a fourth straight month in November, and U.S. workers boosted their productivity at the fastest rate in the third quarter since 2009.

Energy prices are expected to remain in check over the next few years, according to an annual report by the U.S. Energy Information Administration, which forecasts that domestic oil output may rise to 9.5 million barrels per day by 2016, just shy of the 1970 record of 9.6 million barrels per day.

In other energy futures trading on the Nymex:

— Wholesale gasoline was little changed at $2.660 a gallon.

— Heating oil was little changed at 1.5 cents to $2.99 a gallon.

— Natural gas fell 0.9 cents to $4.288 per 1,000 cubic feet.

 

 

 

 

 

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TCU/Baylor
Did the College Football Playoff Committee get it right?