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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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Crude oil slightly down ahead of US jobs report


The Associated Press

The price of oil fell slightly Friday as market players readied for the release of a crucial U.S. jobs report.

Benchmark U.S. crude for March delivery was down 16 cents at $97.68 a barrel at 0630 GMT in electronic trading on the New York Mercantile Exchange. The contract rose 46 cents to close at $97.84 a barrel on Thursday, boosted by a positive report on the U.S. labor market and colder temperatures.

Brent crude, used to set prices for international varieties of crude, rose 12 cents at $107.31 a barrel.

"I think the market is waiting for the U.S. non-farm payrolls figure tonight," said Ric Spooner, chief market analyst at CMC Markets in Sydney, Australia. He said market players may be "positioning and book squaring prior to the jobs figure."

With chilly temperatures across the middle of the U.S. and into the Northeast, demand for heating oil remains strong. That should boost refinery demand for crude oil.

Spooner said he did not expect a lot of movement in the oil price if the jobs figure is not too far away from expectations or even a bit away, given the cold weather that has kept oil prices steady over recent weeks.

The Labor Department said Thursday the number of people applying for U.S. unemployment benefits declined 20,000 last week to 331,000, suggesting that Americans are facing fewer layoffs and better job prospects.

In other energy futures trading in New York:

— Wholesale gasoline rose 0.6 cents to $2.689 a gallon.

— Natural gas was down 2.4 cents at $4.955 per 1,000 cubic feet.

— Heating oil price rose 1.1 cents at $3.006 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?