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Bridge collapse on I-35 north of Austin

SALADO, Texas (AP) — Emergency crews are responding to a reported bridge collapse along an interstate in Central Texas.

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Amazon begins Prime Now program in Dallas area

If you just have to have it now, as in one hour, you can, at least in the Dallas area, as Amazon.com Inc. announced Thursday it will offer Prime Now.

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Westchester Plaza manager says "business as usual" for now

The future of a redevelopment plan for the 50-year-old Westchester Plaza on Fort Worth's Near Southside is unclear.

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Texas jobless rate falls as employers add workers

Texas unemployment fell to 4.3 percent during February for the sixth straight month of declines, the Texas Workforce Commission reported Friday.

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Monty Bennett: Businessman, water district activist

Monty Bennett’s name will not appear on the ballot for the Tarrant Regional Water District board of directors yet he remains a powerful backstage player whose influence could shape the direction of the district’s business for years to come.

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MetroPCS board recommends sweetened offer from Deutsche Telekom AG

RICHARDSON, Texas (AP) — The board of MetroPCS is unanimously recommending its shareholders vote in favor of the sweetened buyout offer from Deutsche Telekom AG, the parent company of T-Mobile USA.

Deutsche Telekom said the original offer had T-Mobile contributing $15 billion in debt to the combined company. The new offer announced last week reduces that to $11.2 billion, effectively making the combined company more valuable. Deutsche Telekom also said it would also reduce the interest rate by half a percentage point.

The ownership structure remains unchanged, with 26 percent of shares being held by current MetroPCS shareholders and 74 percent by Deutsche Telekom.

MetroPCS Communications Inc. rescheduled its special meeting for April 24 to give shareholders time to consider the offer. Its stock fell 46 cents, or 4 percent, to $11.06 Monday morning.


 

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