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Ice cancels flights, snarls traffic; snow in North Texas forecast

DALLAS (AP) — More wintry weather was expected across parts of North Texas through Wednesday.

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Riverside: Developer sees revitalization with apartments, townhomes driving commercial projects

A Dallas developer is seeking to rezone more than 18 acres in Fort Worth’s Riverside area overlooking Oakhurst Scenic Drive, the Trinity River and downtown, with plans to build as many as 400 apartments and townhomes aimed at renters who want to live in or near the central city. D

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Einstein Bagels closing two Tarrant locations

Einstein Bagels is closing two Tarrant County locations, part of a series of 39 closings around the country, according to the company’s owners, JAB Holding Co.

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Berkshire Hathaway company acquires Fort Worth firm

M&M Manufacturing, a producer of sheet metal products for the air distribution and ventilation market based in Fort Worth, has been acquired by MiTek Industries Inc., a subsidiary of Warren Buffett’s Berkshire Hathaway Inc.,

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Plans for Grand Prairie indoor ski resort, Hard Rock Hotel evaporate

Plans for a $215 million indoor ski resort and Hard Rock Hotel in Grand Prairie have been shelved. Sherman Thurston, a member of the development team, sent a

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Rose appointed to Dallas Fed board

 

The Federal Reserve Board of Governors announced Dec. 19 that BNSF CEO Matthew K. Rose has been appointed to the Federal Reserve Bank of Dallas board of directors. He will serve a three-year term beginning Jan. 1, 2014.

Rose is chairman and CEO of BNSF Railway Co., headquartered in Fort Worth. He will become the company’s executive chairman effective January 1, 2014.

“Matt Rose is one of the most respected businessmen in the nation. We are honored to have him serve on our board,” said Dallas Fed president and CEO Richard W. Fisher.

As a Dallas Fed board member, Rose will provide input into regional and national economic conditions as part of the Federal Reserve’s monetary policy functions.

Rose has been CEO of BNSF since 2000 and was named chairman of the company in 2002. Previously, he served as the company’s president and COO.
 

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