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Texas has old, new candidates to offer as presidential hopefuls

The Republican Party has long been riven between its establishment and conservative wings, a split that plays out every four years in the race for the White House.

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Two from Fort Worth appointed by Gov. Abbott to university boards

Steve Hicks, a University of Texas System regent who has been a vocal opponent of regents who have criticized the system’s flagship campus in Austin, was reappointed to the board by Gov. Greg Abbott on Thursday. 

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Fort Worth draws closer to deal with Lancaster developer

City staff are planning to introduce the developer Feb. 3 at a meeting of the City Council's Housing and Economic Development Committee.

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Compass BBVA names Happel CEO for Fort Worth

BBVA Compass has appointed Brian Happel, most recently the Fort Worth city president, its chief executive officer of Fort Worth.

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Two Fort Worth Baylor medical properties acquired

Baylor Surgical Hospital of Fort Worth and Baylor Surgical Hospital Integrated Medical Facility are among three facilities acquired by Carter Validus Mission Critical REIT II Inc.

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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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