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Two from Fort Worth appointed by Gov. Abbott to university boards

Steve Hicks, a University of Texas System regent who has been a vocal opponent of regents who have criticized the system’s flagship campus in Austin, was reappointed to the board by Gov. Greg Abbott on Thursday. 

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Fort Worth draws closer to deal with Lancaster developer

City staff are planning to introduce the developer Feb. 3 at a meeting of the City Council's Housing and Economic Development Committee.

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Compass BBVA names Happel CEO for Fort Worth

BBVA Compass has appointed Brian Happel, most recently the Fort Worth city president, its chief executive officer of Fort Worth.

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Museum District: Area’s evolution creating more interaction, public spaces

Fifteen years ago if someone had shot a cannon from Fort Worth’s world-renowned museum district, nobody would have noticed, joked Lori Eklund, senior deputy director of the Amon Carter Museum of American Art. But that has changed.

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Energy Transfer Partners, Regency Energy announce $18B merger

Energy Transfer Partners LP of Dallas and Regency Energy Partners LP have entered into a definitive merger agreement.

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Ericsson and Samsung settle patent dispute, lawsuit in Texas court

STOCKHOLM (AP) — Swedish wireless equipment company LM Ericsson AB says it has settled a legal dispute with Samsung Electronics Co. about global patent licenses.

Ericsson said Monday the settlement means it will receive a one-off sum and ongoing royalty payments from the South Korean company that will boosts its sales in the fourth quarter 2013 by 4.2 billion Swedish kronor ($651 million). It said the positive effect on its fourth-quarter net income will be 3.3 billion kronor.

Shares in Ericsson rose by 2.4 percent to 76.85 kronor in early trading on the Stockholm stock exchange.

This deal ends complaints made by both companies against each other before the International Trade Commission, as well as the lawsuits before the U.S. District Court for the Eastern District of Texas.

 

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