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Obama calls for offshore drilling in Southeast

WASHINGTON — The Obama administration on Tuesday outlined a politically fraught plan for allowing oil and gas drilling offshore along parts of the Atlantic coast while imposing new restrictions on environmentally fragile waters off northern Alaska.

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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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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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American Airlines' first 787 Dreamliner arrives at D/FW

American is preparing the plane to begin service sometime in the second quarter.

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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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