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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 slips below $100 ahead of Yellen testimony 


The Associated Press

The price of oil slipped below $100 a barrel Tuesday ahead of Congressional testimony by the U.S. Federal Reserve's new chief.

Benchmark U.S. crude for March delivery was down 8 cents to $99.97 a barrel at 0800 GMT in electronic trading on the New York Mercantile Exchange. Oil gained 18 cents to close at $100.06 on Monday.

Investors are waiting to see whether Janet Yellen, who was last week confirmed as Fed chief, will consider a pause in the central bank's withdrawal of the monetary stimulus after a second month of weak hiring.

Government data showed the number of jobs created in January was much lower than expected but unemployment fell to its lowest in six years.

The central bank has embarked on a policy to gradually reduce its stimulus, which has helped shore up a number of financial assets over the past few years, including oil prices.

Brent crude, which is used to set prices for international varieties of crude, edged up 5 cents to $108.68 a barrel on the ICE exchange in London.

In other energy futures trading in New York:

— Wholesale gasoline was up 0.1 cent to $2.746 a gallon.

— Heating oil shed 0.1 cent to $2.997 a gallon.

— Natural gas added 5.6 cents to $4.635 per 1,000 cubic feet.

 

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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?