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Group buys former Armour meatpacking site in Stockyards

The 16.8-acre site of the historic, former Armour meatpacking plant in Fort Worth’s Stockyards has changed hands, and its new owners aren’t saying anything about their plans. Chesapeake Land Development Co., which bought the site

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Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

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Ski Grand Prairie? TCU, UTA grad helping bring snow to Metroplex

For Levi Davis last week may have been a career peak, in more ways than one.

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GE rises most in year with equipment order increases, including at Fort Worth locomotive unit

NEW YORK — General Electric Co. beat analysts' profit estimates in the third quarter as Chief Executive Officer Jeffrey Immelt squeezed more costs from the manufacturing units.

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Cheesecake Factory gets ready to serve; Sundance tree lighting set

The Cheesecake Factory at Sundance Square will open on Dec. 9, officials with Sundance announced today. The 8,800-square-foot restaurant - being built in the

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Oil, natural gas extend gains on US winter storm


The Associated Press

SEOUL, South Korea (AP) — The prices of oil and natural gas extended gains Thursday in Asia as a winter storm that slammed the U.S. and slower-than-expected supply growth raised expectations for higher energy demand.

Benchmark U.S. crude for March delivery was up 23 cents to $97.61 a barrel at 0745 GMT in electronic trading on the New York Mercantile Exchange. The contract added 19 cents to close at $97.38 on Wednesday.

More than a million homes and businesses were left in darkness and cold on Wednesday in the U.S. Northeast after snow, sleet and freezing rain hit the region. Some states saw around a foot of snow.

Earlier in New York, natural gas rocketed to a new four-year high before falling back as cold temperatures were expected to increase demand for heating fuels.

A report from the Energy Department showed that supplies of crude oil rose much less than analysts expected last week, adding upward pressure to oil prices.

Brent crude, a benchmark for oil sold internationally, was up 12 cents at $106.37 on the ICE exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline edged up 0.8 cent to $2.649 a gallon.

— Heating oil fell 0.6 cent to $2.991 a gallon.

— Natural gas rose 18.7 cents to $5.217 per 1,000 cubic feet.

 

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