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Trademark closes on 63-acre Waterside site in Fort Worth

Construction begins Oct. 20 on the development, to be anchored by a Whole Foods Market.

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UPDATE: $215M hotel, indoor ski project planned for Grand Prairie

Officials in Grand Prairie are expected later today to announce a $215 million project that will include a Hard Rock Hotel and an indoor ski facility.

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Two Fort Worth council members propose temporary single-family moratorium around TCU

The moratorium would apply to new permits for single-family homes around TCU, and give the city time to figure out what to do with a controversial proposed overlay in several neighborhoods around the university.

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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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Landscape architect behind several TCU landmarks acquired

The Dallas design firm behind several Texas Christian University projects, as well as Globe Life Park in Arlington and AT&T Stadium, has been acquired by Rvi Planning + Landscape Architecture.

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Oil prices retreat following lackluster China data


The Associated Press

Oil prices fell Thursday as lackluster data from China overshadowed news that oil started flowing through a new pipeline to the U.S. Gulf Coast.

Benchmark U.S. crude for March delivery was down 24 cents to $96.49 a barrel at 0535 GMT in electronic trading on the U.S. Mercantile Exchange.

A preliminary manufacturing index for China fell to 49.6 in January, below the 50 level that signifies expansion and a six-month low, according to HSBC Holdings Plc and Markit Economics. In December the index was at 50.5.

Oil rose nearly 2 percent, or $1.76, to $96.73 on Wednesday following the opening of the southern leg of the Keystone pipeline, which is expected to eventually bring 500,000 barrels of crude oil a day to the Gulf Coast. With demand expected to rise, the price of the U.S. oil rose closer to that of more-expensive imports.

Oil last closed above $96 a barrel on Dec. 31.

Brent crude, a benchmark for international oils, was down 22 cents to $108.05 a barrel on the ICE exchange in London.

Natural gas futures remained firm, up 4.8 cents at $4.737 per 1,000 cubic feet, as temperatures in many parts of the U.S. Northeast remained in the single digits, boosting demand.

The deep chill blanketing much of the central and eastern U.S. is expected to keep demand high following a big snowstorm on Tuesday.

In other energy futures trading on Nymex:

— Wholesale gasoline edged 1 cent lower to $2.678 per gallon.

— Heating oil was almost unchanged at $2.978 a gallon.

 

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