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Ex Rangers manager Washington apologizes for 'breaking wife's trust'

IRVING, Texas (AP) — Former Texas Rangers manager Ron Washington says he is embarrassed for 'breaking his wife's trust.'

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Troubled RadioShack files SEC form, talks with 'major vendor'

RadioShack Corp.’s latest filing with the U.S. Securities and Exchange Commission describes recent discussions that “could be beneficial to the financial restructuring of the company.”

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Road Show: City leaders prepare campaign to corral votes for $450 million arena

Fort Worth’s biggest backers of a new arena at the Will Rogers Memorial Center are leaving little to the chance of a “no” vote in a citywide election Nov. 4 to decide on new fees that would fund 15 percent of the $450 million project.

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Texas Health Southwest breaks ground on $40M expansion

A $40 million expansion of Texas Health Harris Methodist Hospital Southwest Fort Worth is under way, with groundbreaking ceremonies held this week.

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Overland Sheepskin opening Sundance Square store in Fort Worth

The store is expected to open by the holidays, Sundance said.

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Oil prices jump on bargain hunting

KUALA LUMPUR, Malaysia (AP) — Oil prices recovered Monday on bargain hunting after a week-long plunge.

Benchmark U.S. oil for February delivery rose 11 cents to $94.07 in electronic trading at mid-afternoon Kuala Lumpur time on the New York Mercantile Exchange. The contract fell $1.48 to settle at $93.96 a barrel on Friday. Prices have fallen 6.4 percent over the past week.

Brent crude, used to price international crude processed by many U.S. refineries, rose 17 cents to $107.06 in London.

Analysts said there are downside risks to oil prices. The U.S. economic recovery was generally boosted by a massive bond-buying program, and oil demand wasn't rising as fast as expected while supplies were sufficient.

On Thursday, protests reportedly ended at one of Libya's largest oil fields, which could allow the field to restart production and deliver more than 300,000 barrels of daily production to the global market.

Also, a rising dollar could dent oil prices. The Fed recently began winding its stimulus program, which is boosting the value of the dollar and leading investors away from oil. A stronger dollar makes commodities such as oil that are priced in dollars more expensive for buyers using other currencies.

In other energy futures trading:

— Wholesale gasoline rose 0.4 cent to $2.653 a gallon.

— Natural gas added 7.2 cents to $4.354 per 1,000 cubic feet.

— Heating oil was up 0.9 cent to $2.948 a gallon.

 

 

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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?