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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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Crude oil holds above $99 a barrel amid US hopes
 
PABLO GORONDI, Associated Press
 
The price of oil was holding above $99 a barrel Monday on optimism that stronger than anticipated U.S. economic growth would help boost demand.
 
By early afternoon in Europe, benchmark U.S. oil for February delivery was down 14 cents at $99.18 a barrel in electronic trading on the New York Mercantile Exchange. Trading was far thinner than usual because of the approaching holidays.
 
On Friday, the Nymex contract added 28 cents to close at $99.32 a barrel.
 
Last week, oil rose nearly 3 percent, largely because of signs of improvement in the U.S. economy. The last time oil closed above $100 a barrel was Oct. 18.
 
The government said Friday that the U.S. economy grew at a solid 4.1 percent annual rate from July through September. That was the fastest pace since late 2011 and significantly higher than previously believed.
 
Prices were also supported by violence in eastern Africa, where ethnic rivalries after an attempted coup in South Sudan have led to over 1,000 deaths and 100,000 internal refugees during the past week.
 
"South Sudan has been recently producing at about 230,000 barrels a day, with most of the crude oil exports heading to China," said Olivier Jakob of Petromatrix in Switzerland.
 
Brent crude, a benchmark used to price international crudes used by many U.S. refiners, was down 12 cents at $111.65.
In other energy futures trading:
 
— Wholesale gasoline was down 0.68 cent to $2.778 a gallon.
— Heating oil lost 0.75 cent to $3.0627 a gallon.
— Natural gas added 8.3 cents to $4.501 per thousand cubic feet.
 
 
 
 
 

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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?