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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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Oil prices kept in check by global economy fears


The Associated Press

The price of oil was little changed Tuesday, with the outlook for energy demand kept in check by weak manufacturing in China and the U.S.

Benchmark U.S. crude for March delivery was up 19 cents to $96.62 a barrel at 0830 GMT in electronic trading on the New York Mercantile Exchange. The contract fell $1.06 to close at $96.43 on Monday.

Oil prices took a hit this week after surveys of purchasing managers in the world's two biggest economies indicated weakness in manufacturing last month.

A trade group in the U.S. reported that manufacturing barely expanded in January as cold weather cut shipments and forced some factories to shut down. On the weekend, a Chinese manufacturing index by a government-affiliated agency reported that activity declined to just above the level that indicates contraction.

Feeble manufacturing could indicate broader economic weakness that results in reduced demand for energy.

Brent crude, a benchmark for oil sold internationally, was up 1 cent at $106.05 on the ICE exchange in London.

Investors are looking ahead to the end of the week, when the U.S. releases payrolls figures that will shed further light on the state of the U.S. economy.

In other energy futures trading on Nymex:

— Wholesale gasoline was flat at $2.609 a gallon.

— Heating oil was nearly unchanged at $3.00 a gallon.

— Natural gas rose 15.4 cents to $5.059 per 1,000 cubic feet.

 

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