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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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Fort Worth launching Stockyards design task force

The task force, to be chaired by the Fort Worth architect Eric Hahnfeld, would be responsible for confirming the boundaries of the city's planned Stockyards design district and reviewing the work of a consultant.

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GE rises most in year with equipment order increases, including at Fort Worth locomotive unit

NEW YORK — General Electric Co. beat analysts' profit estimates in the third quarter as Chief Executive Officer Jeffrey Immelt squeezed more costs from the manufacturing units.

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Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

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Oil hovers below $96 as holidays, Fed eyed


The Associated Press

The price of oil rose slightly Tuesday ahead of the Chinese New Year holiday and amid forecasts for moderating temperatures in the U.S. Northeast.

Benchmark U.S. crude for March delivery was up 13 cents at $95.85 a barrel at 0530 GMT in electronic trading on the New York Mercantile Exchange. The contract fell 92 cents to settle at $95.72 on Monday. Brent crude, used to set prices for international varieties of crude, was up 25 cents at $106.94 a barrel.

Yusuke Seta, an energy analyst at Newedge brokerage in Tokyo, said he did not expect much movement in the oil market ahead of the Chinese New Year holidays which begin later this week.

"Ahead of the Chinese New Year, the traders are less active or aggressive in taking their positions," he said.

Benchmark oil fell below $96 on Monday amid forecasts for moderating temperatures in the U.S. Northeast and ahead of the next meeting of the U.S. central bank.

Along with oil, the prospects of a break in the deep chill that has enveloped the upper U.S. Midwest, the Northeast and parts of the South sank the price of natural gas.

The Federal Reserve meets for two days from Tuesday. Officials are widely expected to reduce the central bank's monthly bond buying that has underpinned an economic recovery.

In other energy futures trading in New York:

— Wholesale gasoline was up 0.6 cent at $2.639 a gallon.

— Natural gas rose 8.4 cents to $4.931 per 1,000 cubic feet

— Heating oil price was up 0.3 cent at $2.97 a gallon.

 

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