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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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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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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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Weatherford's Wild Mushroom to open in Fort Worth's Ridglea Village

Weatherford restaurant staple The Wild Mushroom Steak House & Lounge will be coming to Fort Worth in November, moving into the former site of Ray’s Steakhouse at to 3206 Winthrop Ave. in the Ridglea Village Shopping Center.

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The Internet is proving that it can withstand focused attacks
NEW YORK (CNNMoney) -- A recent string of gigantic cyberattacks has proven it is possible to bend, but not break the Internet.
It is easy to take down a website. An attack method called "distributed denial of service" allows cybercriminals to direct enormous amounts of traffic to a website, overwhelming its servers and rendering the site unreachable. Banks, government websites and financial exchanges have been frequent targets of recent DDoS attacks.
But last month, European spam-prevention service Spamhaus was hit with the largest known cyberattack in history. Speeds slowed for large sections of Europe, according to CloudFlare, a company hired by Spamhaus to thwart its attacks.
The attackers used nearly 100,000 servers to send 300 gigabits of traffic per second. That's more than three times larger than the Iranian-sponsored cyberattacks of September 2012, which prevented access to some U.S. banks' websites for days.
Yet experts contend that the entire Internet can't just be flipped on or off like a light switch.
"The Internet infrastructure is highly robust and was designed to ensure reliable delivery of traffic at a high quality of service," said Dr. Phyllis Schneck, chief technology officer, at McAfee, Intel's Internet security division.
Despite the ease of taking down individual websites, it would be very difficult to sustain a Spamhaus-level attack for a long time -- let a alone a continuous flow of traffic that would exceed the capabilities of Internet service providers to connect their customers. Though tens of thousands of domain name system servers were hijacked in the Spamhaus attack, there are 21 million such servers on the Internet today.
The Internet is also a very distributed system. There have been times when regional access to the internet was disrupted, either by attacks on critical services, accidental undersea cable cutting, or a government-run utility shutting down access. Yet the Internet continued to work fine for billions of people outside those regions.
In the United States, many redundancies are built into the Internet. Even if one or two paths were disrupted from your neighborhood network router to the Internet, you likely wouldn't even notice. The Internet's Transmission Control Protocol is really good at rerouting traffic.
Another crucial point: Cyberattackers depend on the Internet too.
"The Internet is what the attackers need to deliver the denial of service attack," said Gavin Reid, director of engineering and products for Cisco. "I suppose it's possible a DDoS attack could be large enough to take down large parts of the Internet, but we haven't seen that happen."
Only governments really have the capability to grind the entire Internet to a halt for a long stretch of time.
So even as cyberattacks increase in size, impacting Internet connectivity for many, cybercriminals won't destroy the Internet.

 

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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?