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RadioShack sees stock jump on investment report

Fort Worth-based RadioShack saw its stock increase as much as 45 percent on Friday as investor Standard General LP said it was continuing talks on new financing for the electronics retailer.

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Fort Worth couple gets in 'Shark Tank,' comes out with deal

A Fort Worth couple who started a business when they couldn’t sleep, were the first entrepreneurs to get a deal on ABC’s Shark Tank in the season premiere on Sept. 26.

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20 from Dallas-Fort Worth on Forbes wealthiest list

There are 20 Dallas-Fort Worth residents listed among the 400 richest Americans, according to the Forbes 400 list of The Richest People in America 2014.

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Internal audit says EPA mismanaged Fort Worth project

FORT WORTH, Texas (AP) — An internal audit by the U.S. Environmental Protection Agency reveals the agency mismanaged an experiment using new ways to demolish asbestos-ridden buildings.

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Texas Wesleyan acquires two strip shopping centers on East Rosedale

Texas Wesleyan University has purchased two strip shopping centers on East Rosedale Street across from its Southeast Fort Worth campus, the university’s president said Friday.

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Oil recovers as market awaits US Fed decision
 

TOKYO (AP) — The price of oil recouped slips earlier in the week as the market waited Wednesday to see what the U.S. Federal Reserve would decide on monetary policy.

Benchmark U.S. crude for January delivery gained 22 centers to $97.44 a barrel on the New York Mercantile Exchange.

Depending on what the Fed does, the dollar could strengthen, making commodities priced in dollars more costly for overseas investors.

Natural gas stood at $4.30, while natural gas futures rose 1 cent, or 0.3 percent, to $4.30 per $1,000 cubic feet.

Markets are also monitoring fresh information on U.S. stockpiles of crude and refined products.

Data for the week ending Dec. 12 are expected to show a draw of 4 million barrels in crude oil stocks and a build of 1.4 million barrels in gasoline stocks, according to a survey of analysts by Platts, the energy information arm of McGraw-Hill Cos.

Brent crude, a benchmark for international oils, dipped 9 cents to $108.35 a barrel on the ICE Futures Exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline was little changed to stand at $2.66 a gallon.

— Heating oil was also unchanged at $2.96.

 

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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?