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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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Dewhurst calls for long-range education plan

 

CHRIS TOMLINSON, Associated Press

 

 


AUSTIN, Texas (AP) — Lt. Gov. David Dewhurst called on the state's senators Thursday to draft a new long-range plan to boost education performance in Texas schools and universities.

In remarks prepared for a United Negro College Fund benefit Thursday in Grapevine, Dewhurst called for a review of "Closing the Gaps 2015," a program developed in 2000 that has guided education policy in Texas. He said Texas has made great progress since 2000 and that lawmakers should review the successes and develop a new road map for the next 15 years.

"We must keep working to improve the way we equip young Texans to take their place in our state's uniquely robust economy," he said. "Texas is still the best place in the country to pursue the American Dream and a quality education only makes it more attainable."

As lieutenant governor, Dewhurst presides over the Texas Senate. And while lawmakers are not in session, he charges committees to investigate issues for future legislation. The committees are developing bills for the 2015 legislative session.

The Texas Higher Education Coordinating Board adopted "Closing the Gaps 2015" after studies showed Texas children lagged behind other states in school attendance, graduation rates, test scores and university research. The program called on state officials to hire better school teachers, enforce tougher high school graduation standards, provide more affordable colleges and encourage top universities to engage in more research.

While the state has improved test scores, graduation rates and university research programs, Texas still lags behind other states. In recent years, lawmakers have cut per-student spending on public schools, lowered high school graduation requirements, cut university funding and allowed higher tuition at public universities.

The task for developing a new plan falls on the Senate Higher Education Committee. Dewhurst also called on the committee to explore how technology can boost university education, including the use of massively open online courses. The committee will also review STAAR written testing procedures and implementation of legislation passed in 2013.

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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?