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Ex Rangers manager Washington apologizes for 'breaking wife's trust'

IRVING, Texas (AP) — Former Texas Rangers manager Ron Washington says he is embarrassed for 'breaking his wife's trust.'

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Troubled RadioShack files SEC form, talks with 'major vendor'

RadioShack Corp.’s latest filing with the U.S. Securities and Exchange Commission describes recent discussions that “could be beneficial to the financial restructuring of the company.”

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Road Show: City leaders prepare campaign to corral votes for $450 million arena

Fort Worth’s biggest backers of a new arena at the Will Rogers Memorial Center are leaving little to the chance of a “no” vote in a citywide election Nov. 4 to decide on new fees that would fund 15 percent of the $450 million project.

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Texas Health Southwest breaks ground on $40M expansion

A $40 million expansion of Texas Health Harris Methodist Hospital Southwest Fort Worth is under way, with groundbreaking ceremonies held this week.

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Overland Sheepskin opening Sundance Square store in Fort Worth

The store is expected to open by the holidays, Sundance said.

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Oil nears $103 on winter demand, supply concerns


The Associated Press

The price of oil extended gains to near $103 a barrel Wednesday, driven by severe winter weather in the U.S. and supply concerns.

Benchmark U.S. crude for March delivery was up 38 cents to $102.81 a barrel at 0800 GMT in electronic trading on the New York Mercantile Exchange. The contract surged $2.13 to close at $102.43 a barrel on Tuesday.

Last time the price of oil was above $103 was in October.

Severely cold weather and snowstorms in the eastern region in the U.S. have boosted energy prices. The National Weather Service said more snow is ahead for residents of northern New England, one day after a storm dumped about a foot on many communities.

One half of U.S. households use natural gas as their primary heating fuel and about a quarter of households in the Northeast U.S. rely on heating oil for space heating, according to the Energy Information Administration. The EIA is scheduled to release its weekly inventory data on Thursday.

Meanwhile, expectations for an increased oil supply were dampened after Iran rejected a key demand of six world powers in their latest round of talks. The talks that began on Tuesday in Vienna aim to finalize a deal to control Iran's nuclear program. Iran, a major oil producer, will be able to export more crude if the talks lead to reduced sanctions.

Brent crude, a benchmark for international oils, edged down 11 cents to $110.35.

In other energy futures trading on Nymex.

— Wholesale gasoline edged up 0.3 cent to $3.003 a gallon.

— Heating oil inched down 0.2 cent to $3.044 a gallon.

— Natural gas gained 12 cents to $5.671 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?