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Group buys former Armour meatpacking site in Stockyards

The 16.8-acre site of the historic, former Armour meatpacking plant in Fort Worth’s Stockyards has changed hands, and its new owners aren’t saying anything about their plans. Chesapeake Land Development Co., which bought the site

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Fresh Ebola fears hit airline stocks

DALLAS (AP) — News that a nurse diagnosed with Ebola flew on a plane full of passengers raised fear among airline investors that the scare over the virus could cause travelers to avoid flying.

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Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

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Ski Grand Prairie? TCU, UTA grad helping bring snow to Metroplex

For Levi Davis last week may have been a career peak, in more ways than one.

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GE rises most in year with equipment order increases, including at Fort Worth locomotive unit

NEW YORK — General Electric Co. beat analysts' profit estimates in the third quarter as Chief Executive Officer Jeffrey Immelt squeezed more costs from the manufacturing units.

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Oil slumps on Iran deal; beans and grains rise


The Associated Press

The price of crude oil is close to an eight-month low as traders worry about ramped-up exports from Iran and Libya adding to a global supply glut.

Oil for February delivery fell 92 cents to close at $91.80 in New York Monday, the nearly the lowest since May.

Some economic sanctions against Iran could be eased after a plan announced Sunday to implement an agreement to allow inspectors to monitor the country's nuclear program.

A rebound in Libyan production is also pushing oil prices lower.

In other energy futures trading, wholesale gasoline fell 3.5 cents to close at $2.634 a gallon, heating oil fell 0.8 cents to close at $2.933 a gallon and natural gas rose 22.1 cents to close at $4.274 per 1,000 cubic feet.

Gold rose $4.20, or 0.3 percent, to $1,251.10 an ounce. Silver rose 16.2 cents to $20.385 an ounce.

Platinum for April delivery rose $7 to $1,443.90 an ounce. Palladium for March fell $6.05 to $740 an ounce.

Copper for March delivery edged up half a cent to $3.35 per pound.

In March agricultural contracts, corn rise 1.75 cent to $4.345 a bushel, soybeans rose 15.75 cents to $12.9425 a bushel and wheat rose 4.5 cents to $5.735 a bushel.

 

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