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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 above $97 after rising for 5th straight day


The Associated Press

The price of oil edged up Friday for a fifth day in a row on expectations for increased demand.

Benchmark U.S. crude for March delivery was up 22 cents to $97.54 a barrel at 0620 GMT in electronic trading on the U.S. Mercantile Exchange. Oil rose 59 cents to $97.32 on Thursday.

On Thursday, preliminary results of HSBC's January survey of Chinese factory purchasing managers indicated a contraction in manufacturing for the first time since July. Despite the disappointing China data, the severe cold spell in parts of the U.S. and higher forecasts for global economic growth boosted the outlook for oil demand.

On Wednesday, the International Monetary Fund raised its growth forecasts for the global economy and the U.S. economy.

The deep chill blanketing much of the central and eastern U.S. has reduced stocks of heating oil as homeowners crank up the thermostat and electric utilities burn it to avoid paying for natural gas.

Natural gas has skyrocketed to record prices of more than $100 per 1,000 cubic feet on the spot market in some U.S. regions. The increased demand is also reflected in a less severe rise in prices for natural gas futures.

Brent crude, a benchmark for international oil, was up 13 cents to $107.71 a barrel on the ICE exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline inched up 0.3 cent to $2.673 a gallon.

— Heating oil added 0.4 cent to $2.995 a gallon.

— Natural gas rose 14.4 cents to $4.874 per 1,000 cubic feet.

 

 

 

 

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