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TCU rises 20 places on influential U.S. News & World Report ranking

St. John's College in Annapolis, Md., has long disdained the rankings game. The liberal arts school, which focuses on the great works of Western civilization, was known for not responding to requests from U.S. News & World Report for information that the magazine uses to sort the nation's colleges.

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Fort Worth-based Woodmont plans $80M Hard Rock Hotel retail center

Woodmont Outlets of Fort Worth, an affiliate of The Woodmont Co., has partnered with Cherokee Nation Businesses for a proposed upscale retail development at Hard Rock Hotel & Casino Tulsa.

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Barnett still packs economic punch, study finds

Despite reduced drilling and unstable gas prices, Fort Worth continues reaping the rewards of the Barnett Shale, according to a newly released study by The Perryman Group.7

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Time to make more Do-Nuts in DFW

Shipley Do-Nuts has signed a development agreement with Adkins Development Corp. to accelerate expansion in the Dallas-Fort Worth market.

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Leo's Foods to shutter Fort Worth plant, lay off 84

In a filing with the Texas Workforce Commission, Leo’s Foods will begin terminating employees over a 14 day period beginning Oct. 10.

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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?