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RadioShack sees stock jump on investment report

Fort Worth-based RadioShack saw its stock increase as much as 45 percent on Friday as investor Standard General LP said it was continuing talks on new financing for the electronics retailer.

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Fort Worth couple gets in 'Shark Tank,' comes out with deal

A Fort Worth couple who started a business when they couldn’t sleep, were the first entrepreneurs to get a deal on ABC’s Shark Tank in the season premiere on Sept. 26.

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20 from Dallas-Fort Worth on Forbes wealthiest list

There are 20 Dallas-Fort Worth residents listed among the 400 richest Americans, according to the Forbes 400 list of The Richest People in America 2014.

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Internal audit says EPA mismanaged Fort Worth project

FORT WORTH, Texas (AP) — An internal audit by the U.S. Environmental Protection Agency reveals the agency mismanaged an experiment using new ways to demolish asbestos-ridden buildings.

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Texas Wesleyan acquires two strip shopping centers on East Rosedale

Texas Wesleyan University has purchased two strip shopping centers on East Rosedale Street across from its Southeast Fort Worth campus, the university’s president said Friday.

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Southwest announces international flights

 

DAVID KOENIG, AP Airlines Writer

 

 DALLAS (AP) — Southwest Airlines Co. is expanding beyond the continental United States with flights to the Caribbean beginning July 1.

The airline began selling tickets on Monday for flights to Aruba, the Bahamas and Jamaica from Atlanta, Baltimore and Orlando. Those routes are currently flown by AirTran Airways, which Southwest bought in 2011.

Southwest carries more passengers in the United States than any airline, but among the largest U.S. carriers, it alone doesn't fly beyond the nation's borders. Southwest has been talking about going international for years, but it's been held back by technological limits to its reservations system, which it has been upgrading.

Later this year, Southwest is expected to take over four AirTran destinations in Mexico and the Dominican Republic. It eventually plans to add international flights from Houston, Fort Lauderdale, Fla., and possibly other U.S. cities, but executives said that they probably won't announce details about those routes until 2015 or later.

AirTran's international flights account for less than 1 percent of the parent company's passenger-carrying capacity, and that won't change with Monday's announcement about some flights switching from AirTran planes to Southwest ones. Chief commercial officer Bob Jordan said, however, that international flying is "a big part of our growth strategy" and could someday involve 70 to 80 Southwest aircraft.

Dallas-based Southwest plans to phase out the AirTran brand by year end.

Shares of Southwest slipped 13 cents to $20.70 in afternoon trading. Most other airline stocks were also lower on a rise in oil prices.


 

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What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?