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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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Oil above $92 as US cold snap continues


The Associated Press

The price of oil rose slightly Thursday as expectations of greater use of heating oil during extreme cold weather in North America offset signs of weak demand for gasoline.

Benchmark U.S. oil for February delivery was up 30 cents to $92.63 a barrel at 0830 GMT in electronic trading on the New York Mercantile Exchange.

The contract fell $1.34 to $92.33 on Wednesday after the U.S. Energy Department said supplies of gasoline rose by 6.2 million barrels last week, a jump of nearly 3 percent. Platts, the energy information arm of McGraw-Hill, said the data indicated that demand for gasoline was the lowest in a year.

Prices recovered a bit Thursday as the record-breaking cold affecting the northern U.S. boosted demand for heating oil.

Brent crude, used to set prices for international varieties of crude, was up 36 cents to $107.54 on the ICE exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline was up 1.2 cents at $2.668 a gallon.

— Natural gas fell 5.4 cents to $4.162 per 1,000 cubic feet.

— Heating oil was up 1.2 cents to $2.961 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?