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Obama calls for offshore drilling in Southeast

WASHINGTON — The Obama administration on Tuesday outlined a politically fraught plan for allowing oil and gas drilling offshore along parts of the Atlantic coast while imposing new restrictions on environmentally fragile waters off northern Alaska.

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Alliance's Hillwood Commons lands first tenant

A large title insurance, property valuation and settlement services company is the first tenant at Hillwood Commons I, an office complex at Alliance Town Center.

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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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Energy Transfer Partners, Regency Energy announce $18B merger

Energy Transfer Partners LP of Dallas and Regency Energy Partners LP have entered into a definitive merger agreement.

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American Airlines' first 787 Dreamliner arrives at D/FW

American is preparing the plane to begin service sometime in the second quarter.

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Globe Life Park is new name for Ballpark in Arlington

ARLINGTON, Texas (AP) — The Texas Rangers reached a 10-year deal Wednesday to immediately change the name of their 20-year-old stadium to Globe Life Park in Arlington.

Rangers Ballpark is being renamed under an agreement with Globe Life and Accident Insurance Co. of Oklahoma City. Globe Life, which began operations in 1951, is a wholly owned subsidiary of Torchmark Corp. in McKinney, which is in the Dallas area.

Financial terms weren't disclosed.

"Globe Life is the perfect partner — a Texas-based company that has been helping families with their insurance needs for more than 60 years," Rangers co-owners Ray Davis and Bob Simpson said in a statement. "This agreement makes us a stronger organization, on the field and in our community. It will give us increased flexibility and help us remain competitive from both short-term and long-term perspectives."

Last July, the adjacent Dallas Cowboys' stadium was renamed AT&T Stadium under a lucrative long-team deal with the Dallas-based telecommunications giant.

Under the agreement, Globe Life will be the official life insurance partner of the Rangers. The company will also make a substantial commitment to support youth baseball and softball programs through a grant partnership program with the Texas Rangers Baseball Foundation.

Bill Leavell, president of Globe Life, said the life insurance provider has more than 330,000 policyholders in Texas. The company, with 3.9 million policyholders overall, employs 650 people at offices in Oklahoma City and McKinney.

"Sponsorship of Globe Life Park in Arlington is a natural fit for Globe Life And Accident Insurance Company," Leavell said. "We look forward to expanding our community involvement and helping make a difference in the lives of Texas families."

With the Rangers renaming their stadium, 21 of the 30 major league teams have now sold naming rights to their ballparks.


 

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