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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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Railroad Commission shakeup: Agency hires seismologist

 

AUSTIN, Texas (AP) — A key state agency announced Tuesday it is hiring a seismologist, part of an effort to tackle a sudden increase in earthquakes in areas with significant oil and gas drilling activities.

The Railroad Commission, which regulates drilling statewide, said the move came after a public meeting last week in Azle, a town frequently rattled of late by earthquakes, about 50 miles northwest of Dallas.

"It is imperative that the commission remain engaged and involved in gathering more evidence and data into any possible causation between oil and gas activities and seismic events," Commissioner David J. Porter said in a statement. "Commission rules and regulations must be based on sound science and proven facts. In order to do so, I propose the commission hire an in-house seismologist."

The statement said an on-staff seismologist will help the commission follow new research and better coordinate scientific information with the research community. The job has been posted, and the commission says it will conduct a nationwide search before filling it.

Earthquakes are not unheard of in North Texas, though they have been reported with greater frequency as the state experiences a boom in oil and natural gas exploration. Experts aren't sure what's causing the spike in seismic activity, but one theory is that the shaking could be related to wastewater from oil and gas drilling that is often discarded by injecting it deep into underground wells.

Research at various drilling sites around the country has shown that wastewater injections can weaken nearby fault lines and produce quakes big enough to be felt. 


 

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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?