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Dallas Fed's Fisher, Philadelphia Fed leaders to retire in 2015

WASHINGTON — The outspoken president of the Federal Reserve Bank of Philadelphia will step down in March, shortly before the central bank is expected to raise interest rates for the first time since the recession, the regional bank said Monday.

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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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REIT plans demolition of Fort Worth's Westchester Plaza, mixed-use redevelopment

The developer is seeking a $3.8 million reimbursement from the Southside tax increment finance district.

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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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Storm costs airlines more than $100 million

Crews de-ice airplanes at Sea-Tac Airport as the Pacific Northwest recovers from a snow and ice storm that temporarily shut down operations and hundreds of flights, January 20, 2012.
Credit: CNN

Chris Isidore

NEW YORK (CNNMoney) -- The storm and cold weather of the last week will cost the nation's airlines as much as $100 million in lost revenue and increased costs, according to an estimate from a leading airline analyst.

Helane Becker, airline analyst with Cowen and Co., said the weather would cost U.S. airlines between $50 million and $100 million in an estimate released Wednesday. Becker said the weather caused about 20,000 flights cancellations nationwide, which she said is 5,000 more flights than were canceled in due to Superstorm Sandy in 2012.

Becker does not break down the cost per airline, but she noted that JetBlue Airways was hit particularly hard by the storm. The New York-based airline had to virtually halt operations at those airports Monday afternoon into Tuesday after delays in the previous three days caused the airline to run out of pilots able to fly under new FAA rules requiring addition rest for pilots.

Related: JetBlue tries to repair the damage"Going forward we believe the airlines will adopt a more conservative approach during storms," she said. "In the past, they might take a delay; going forward they will outright cancel."

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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?