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Ex Rangers manager Washington apologizes for 'breaking wife's trust'

IRVING, Texas (AP) — Former Texas Rangers manager Ron Washington says he is embarrassed for 'breaking his wife's trust.'

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Troubled RadioShack files SEC form, talks with 'major vendor'

RadioShack Corp.’s latest filing with the U.S. Securities and Exchange Commission describes recent discussions that “could be beneficial to the financial restructuring of the company.”

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Road Show: City leaders prepare campaign to corral votes for $450 million arena

Fort Worth’s biggest backers of a new arena at the Will Rogers Memorial Center are leaving little to the chance of a “no” vote in a citywide election Nov. 4 to decide on new fees that would fund 15 percent of the $450 million project.

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Texas Health Southwest breaks ground on $40M expansion

A $40 million expansion of Texas Health Harris Methodist Hospital Southwest Fort Worth is under way, with groundbreaking ceremonies held this week.

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Overland Sheepskin opening Sundance Square store in Fort Worth

The store is expected to open by the holidays, Sundance said.

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