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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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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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Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

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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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Ebola
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