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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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Defamatory online posts revisited by Texas court


PAUL J. WEBER, Associated Press

AUSTIN, Texas (AP) — They say nothing on the Internet ever really goes away, but the Texas Supreme Court is considering whether defamatory postings might be worth the effort to try.

Justices on the state's highest civil court on Thursday weighed broader questions about cyberbullying, hate speech and the First Amendment while hearing a case with far lower stakes. At issue is whether a company can be forced to remove from its website damaging personal comments about a fired Austin businessman.

Lower courts already have ruled that Robert Kinney's former company, Los Angeles-based BCG Attorney Search, can't be forced to remove the comments, even if a judge or jury eventually finds it defamed Kinney on the company's website by accusing him of running a kickback scheme. That's because defamatory speech still has protections under the law.

But Kinney's attorneys told the nine-member court that it's time for Texas law to catch up with technology.

"It was a little harder to defame someone before the Internet. Now, on my cellphone, I can walk out of here and in five minutes I can say something defamatory about somebody and hit a button, and it's there worldwide," said Martin Siegel, Kinney's attorney. "And it's potentially there for perpetuity."

Anthony Ricciardelli, an attorney for BCG, said forcing the comments to be removed would "set a dangerous precedent that will have a chilling effect on speech and may lead to a slippery slope."

The court isn't expected to make a ruling for several months.

Justices asked both sides to consider more divisive cases involving cyberbullying or hate speech — whether a court should be able to issue orders to stop online antagonists from harassing others, for instance, even if no defamation was present.

Siegel said it's time for Texas to join a "modern rule" of decisions in five other states where injunctions against defamatory speech have been granted. The Kentucky Supreme Court in 2010 ruled in a case that the future speech of a party could be restrained so long its original comments were ruled defamatory.

Michael Fertik, the CEO and founder of reputation.com, said the broader problem of defamation in the digital age needs to be addressed. He said people need to be "giving a fighting chance" and pointed to how publishers can be forced to remove defamatory material from books before additional printings.

"There's a solution in the print world for that. In the online world, there is no solution," Fertik said.

Kinney now runs another legal recruiting firm in Texas and said the damage done by the comments "isn't breaking me." Courts likely would have let his case proceed if he was seeking financial damages from his old boss instead of having the online remarks erased, but Kinney says he wants to help others in similar situations.

"Hopefully it'll be a public service," he said.

 

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