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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 price extends gains in Asia on cold US weather


The Associated Press

The price of oil rose Wednesday in Asia on prospects U.S. demand will hold up amid cold weather, offsetting worries about a slowdown in emerging economies.

Benchmark U.S. crude for March delivery was up 59 cents to $97.78 a barrel at 0735 GMT in electronic trading on the New York Mercantile Exchange. It gained 76 cents to close at $97.19 on Monday in New York.

Brent crude, a benchmark for international oil used by many U.S. refineries, was up 38 cents at $106.16 on the ICE exchange in London.

Northeastern U.S. is bracing for a second storm of the week, forcing classes to be canceled and government and business offices to close. Anywhere from a few inches to a foot or more of snow is expected to fall on East Coast states, and some places are expected to get freezing rain and sleet.

Although the slowdown in China and some emerging markets has worked to dampen oil prices, the unusually cold winter in the U.S. has helped push them back up.

In other energy futures trading on Nymex:

— Wholesale gasoline inched up 1.3 cents to $2.617 a gallon.

— Heating oil added 1.5 cents to $2.998 a gallon.

 

 

 

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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?