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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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Pilots' union rejects contract at American Eagle 


DAVID KOENIG, AP Airlines Writer

FORT WORTH, Texas (AP) — The CEO of American Eagle says the American Airlines regional affiliate will be a different outfit that does less flying after leaders of the pilots' union rejected a contract offer.

Eagle wanted the pilots to make labor cost concessions in exchange for letting them fly new, larger planes. Leaders of the local Air Line Pilots Association chapter rejected the offer without sending it to members for a vote. The union said management demanded cuts that would lock in lower wages than pilots earn at other regional airlines.

Union officials said company negotiators warned repeatedly that without a deal, they would keep shrinking the airline until it's small enough to liquidate.

CEO Pedro Fabregas told employees Thursday that the airline would not shut down but would shift more to performing ground operations for other airlines.

Fabregas said American Airlines Group Inc. will begin looking for other airlines to fly 60 Embraer jets that it ordered in December, and the company might take away the largest planes already in Eagle's fleet. The 76-seat Embraers would have replaced some of Eagle's fleet of mostly 44- and 50-seat planes, which have been falling out of favor at current high fuel prices.

American has tried unsuccessfully to sell Eagle in recent years, and it began outsourcing some of its regional flying to other companies such as SkyWest Inc. to reduce costs.

As of December, Eagle had about 12,600 full-time and part-time employees, compared to about 63,000 at American.

 

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