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26-story mixed-use tower planned at Taylor & Fifth in downtown Fort Worth

Jetta Operating Co., a 24-year-old privately held oil and gas company in Fort Worth, and a related entity plan a 26-story mixed-use tower downtown at Taylor and Fifth streets on a site once owned by the Star-Telegram.

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UPDATE: Six candidates file for two Water Board seats

Six candidates have filed for the two open seats on the Tarrant Regional Water Board, setting up a battle that could potentially shift the balance of power on the board and the priorities of one of the largest water districts in Texas.

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Top area CFOs honored

The Fort Worth Business Press honored 13 area chief financial officers today with a luncheon at the Fort Worth Club.

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Fort Worth breaks ground on $8.6 million South Main renovation

Fort Worth Near Southsiders and city officials broke ground Monday on the 18-month rebuild of South Main Street between Vickery Boulevard and West Magnolia Avenue.

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Body-camera maker has financial ties to former Fort Worth police chief, others

IOWA CITY, Iowa (AP) — Taser International, the stun-gun maker emerging as a leading supplier of body cameras for police, has cultivated financial ties to police chiefs whose departments have bought the recording devices, raising a host of conflict-of-interest questions.

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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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