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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 prices remain near $92 on Iran, Libya outlook


The Associated Press

The price of oil remained near $92 a barrel Tuesday on expectations that global supplies will rise with ramped up output in Libya and the North Sea, along with increased exports from Iran if a deal on its nuclear program succeeds.

Benchmark U.S. oil for February delivery was up 21 cents at $92.01 a barrel at 0500 GMT in electronic trading on the New York Mercantile Exchange. The contract fell 92 cents to close at $91.80 on Monday.

Brent crude, used to set prices for international varieties of crude used by many U.S. refineries, was up 1 cent at $105.98.

An agreement Sunday between Iran and six world powers may enable Iran's oil industry, whose exports were severely limited by economic sanctions over its nuclear program, to sell more crude after the deal takes effect Jan. 20.

The planned six-month interim agreement will limit Tehran's uranium enrichment and allow international inspectors access to its nuclear facilities.

News of the agreement coincided with reports of a rebound in production by Libya. Meanwhile, North Sea oil output is due to increase with the restart of the Buzzard oilfield.

In other energy futures trading in New York:

— Wholesale gasoline was down 0.4 cent at $2.631 a gallon.

— Natural gas rose 3.4 cents to $4.308 per 1,000 cubic feet.

— Heating oil fell 0.1 cent to $2.934 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?