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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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Fort Worth draws closer to deal with Lancaster developer

City staff are planning to introduce the developer Feb. 3 at a meeting of the City Council's Housing and Economic Development Committee.

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Compass BBVA names Happel CEO for Fort Worth

BBVA Compass has appointed Brian Happel, most recently the Fort Worth city president, its chief executive officer of Fort Worth.

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Fort Worth minority business receives nationwide grant

Cuevas Distribution Inc., a minority- and woman-owned business in Fort Worth, is one of 20 small businesses nationwide to receive a $150,000 grant from Chase as part of the Mission Main Street program.

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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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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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