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Trademark closes on 63-acre Waterside site in Fort Worth

Construction begins Oct. 20 on the development, to be anchored by a Whole Foods Market.

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UPDATE: $215M hotel, indoor ski project planned for Grand Prairie

Officials in Grand Prairie are expected later today to announce a $215 million project that will include a Hard Rock Hotel and an indoor ski facility.

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Two Fort Worth council members propose temporary single-family moratorium around TCU

The moratorium would apply to new permits for single-family homes around TCU, and give the city time to figure out what to do with a controversial proposed overlay in several neighborhoods around the university.

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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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Oil rises to $88; natural gas up 4 percent

 

NEW YORK (AP) — Oil rose from a four-month low Thursday, while natural gas soared to the highest level in 21 months on signs of robust demand for the fuel.

By early afternoon in New York, U.S. benchmark oil for May delivery was up $1.26, or 1.6 percent, to $87.94 a barrel. Oil dropped $2.04, or 2.3 percent, on Wednesday — the fourth daily drop of at least 2 percent in April.

Concerns over global economic growth have caused the price of oil and other commodities to drop sharply. This week China reported slower-than-expected economic growth while the International Monetary Fund lowered its outlook for world economic growth for this year.

Natural gas futures rose 19 cents, or 4.5 percent, to $4.41 per 1,000 cubic feet. The last time natural gas hit that level was July 2011.

The Energy Department's Energy Information Administration reported that natural gas in storage grew by 31 billion cubic feet to 1.704 trillion cubic feet for the week ended April 12.

Supplies typically rise in the spring, but last week's increase was less than analysts expected. Homeowners in some parts of the country still needed to turn the heat on as temperatures dropped below normal.

In London, Brent crude, which is used to price oil used by many U.S. refiners, was up $1.49, or 1.5 percent, to $99.18 on the ICE Futures exchange.

In other energy futures trading on the New York Mercantile Exchange:

— Gasoline was flat at $2.73 per gallon.

— Heating oil rose 3 cents to $2.76 a gallon.

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Pamela Sampson in Bangkok and Pablo Gorondi contributed to this report
 

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