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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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Fresh Ebola fears hit airline stocks

DALLAS (AP) — News that a nurse diagnosed with Ebola flew on a plane full of passengers raised fear among airline investors that the scare over the virus could cause travelers to avoid flying.

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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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US cold, steady China help lift oil prices


The Associated Press

The price of oil stayed above $100 a barrel Tuesday on expectations cold weather in the U.S. and steady Chinese growth will underpin demand.

Benchmark U.S. crude for March delivery was up 35 cents to $100.65 a barrel at 0750 GMT in electronic trading on the New York Mercantile Exchange.

Due to the President's Day holiday, the contract's last physical settlement was Friday, when it fell 5 cents to close at $100.30.

Severe cold weather in the U.S. has been boosting energy prices. The U.S. East Coast is expected to get more snow, and the cold is extending to other states.

Optimism that China's economy is still healthy after credit growth increased in January also helped lift energy prices.

Talks begin Tuesday among Iran and six world powers on finalizing a deal to control Iran's nuclear program. The outcome could have an effect on oil prices as Iran is a major oil producer and reduction of sanctions would allow the country to export more of its crude.

Brent crude, a benchmark for international oils, edged down 13 cents to $109.05.

In other energy futures trading on Nymex:

— Wholesale gasoline rose 0.8 cent to $2.98 a gallon.

— Heating oil added 0.5 cent to $3.021 a gallon.

— Natural gas gained 31 cents to $5.524 per 1,000 cubic feet.

 

 

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